Cowboys will have lots of cap room

Calvin Watkins did some talking with Jerry Jones down at the Senior Bowl this week, and one thing he's learned is that the Dallas Cowboys' owner is very happy with the team's current salary cap situation:

The Cowboys have $12.6 million under the cap and that's before the team restructures any deals or cuts any of their current players. The team also has $28 million in dead money based on numerous players who were released last summer such as Leonard Davis, Marion Barber, Marc Colombo among others.

Stephen Jones, the executive vice president, and his staff did a good job of creating cap space so the $28 million of dead money won't bother the Cowboys in terms of making moves when free agency starts in March.

Calvin goes on to point out that more space can be created by restructuring deals for players like Doug Free and Orlando Scandrick, and that such maneuvers could result in the Cowboys having nearly $20 million in cap space by the time free agency starts.

In terms of need positions, the top free agents the Cowboys could pursue at guard include Carl Nicks of New Orleans and Ben Grubbs of Baltimore. The top free-agent cornerbacks include Atlanta's Brent Grimes, Tennessee's Cortland Finnegan and San Francisco's Carlos Rogers. If they can address both of those positions in free agency, the Cowboys might be able to take one of the draft's top pass-rushers with the No. 14 pick.