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Trevon Diggs offseason release would save Dallas Cowboys over $50M in cap space

The Dallas Cowboys have a major incentive to make All-Pro cornerback Trevon Diggs a post-June 1, with more than $50 million to be saved over the next few seasons.
Dallas Cowboys owner Jerry Jones with cornerback Trevon Diggs on the field before a game against the New York Jets
Dallas Cowboys owner Jerry Jones with cornerback Trevon Diggs on the field before a game against the New York Jets | Robert Deutsch-Imagn Images

The Dallas Cowboys and star cornerback Trevon Diggs appear to be headed for a divorce after he was placed on injured reserve with a concussion and a knee issue.

Diggs led the NFL in interceptions during the 2021 season, but he has never regained his form and has been plagued with injuries since inking a massive contract extension.

The 27-year-old Diggs has played in just 19 of 38 Cowboys games since signing his five-year, $97 million extension with the team. Diggs clearly has not lived up to his contract, but the Cowboys have a way out.

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There is a growing belief that Diggs has played his last down in Dallas, and some speculation that he could be traded ahead of the NFL trade deadline. Yes, you can trade a player on injured reserve.

But, the Cowboys have a much more intriguing option.

Dallas Cowboys cornerback Trevon Diggs warms up before the game against the Carolina Panthers at Bank of America Stadium.
Dallas Cowboys cornerback Trevon Diggs warms up before the game against the Carolina Panthers at Bank of America Stadium. | Scott Kinser-Imagn Images

According to Clarence Hill of All DLLS, a "Trevon Diggs release in the offseason saves the Cowboys $54 million in cap space from 2026-2028."

By not trading Diggs and releasing him with a post-June 1 designation, the Cowboys would get the cap relief, so that could be a power move by Jerry Jones and the front office.

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Of course, if a cornerback-needy team comes calling and offers some reasonable compensation for Diggs, Jerry would likely also consider that. But the cap space seems far more appealing.

We will find out in a matter of weeks whether DIggs is moved, with the trade deadline set for Tuesday, November 4, at 4:00 p.m. ET.

Dallas Cowboys cornerback Trevon Diggs warms up before the game against the Carolina Panthers at Bank of America Stadium.
Dallas Cowboys cornerback Trevon Diggs warms up before the game against the Carolina Panthers at Bank of America Stadium. | Scott Kinser-Imagn Images

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Josh Sanchez
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