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Cowboys Trade for $39 Million Star on New Contract: Report

Cowboys Trade for $39 Million Star on New Contract: Report post thumbnail image

After months of rumors, the Dallas Cowboys are striking a trade with the Houston Texans for star receiver Brandin Cooks. According to ESPN’s Adam Schefter, the Cowboys are sending a 2023 fifth-round pick and a 2024 sixth-round selection in exchange for Cooks.

Cooks still has two seasons remaining on a $39.7 million contract and was initially slated to have an $18 million salary in 2023. KPRC Houston’s Aaron Wilson reported that the Texans are paying $6 million of Cooks’ $18 million salary as part of the trade, leaving Dallas on the hook for $12 million of his money for next season.

The veteran wideout is slated to have a $13 million salary in 2024, but the Cowboys have an out in his deal next offseason. Dallas would take an $8.1 million dead cap hit by releasing Cooks in 2024, per Spotrac. Cooks posted 57 receptions for 699 yards and three touchdowns in 13 games last season. Prior to his most recent campaign, Cooks had topped 1,000 receiving yards in six of his last seven seasons.

The Brandin Cooks Deal Likely Removes Dallas as a Landing Spot for DeAndre Hopkins

The deal for Cooks likely ends the DeAndre Hopkins trade chatter, but it will be worth watching to see if Dallas remains in the Odell Beckham Jr. sweepstakes. The Cowboys had been in talks with the Texans at last season’s trade deadline, but the two parties could not agree on the compensation or the portion of the wideout’s deal Houston would pay.

“It also takes two to tango when it comes to the trade deadline,” McClay explained during the January 23 edition of 105.3 The Fan’s “Cowboys Hour.” “If I want something, but you want more than I’m willing to give for it, it’s not going to work. And we tried to do certain things. There was an opportunity in this trade period, [we] talked about a receiver from Houston. They wanted way more than you wanted to give for him and he was making a whole lot more money than we wanted to pay.”

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