The Cowboys will wait until after June 1to begin signing their seven rookie draft picks, according to a source.
That's when $6 million in salary cap space will come available from the departed Terence Newman's contract. Newman, who has signed with the Bengals, was actually cut in March but it went on the books as a June 1 cut for financial reasons.
The Cowboys have roughly $2.14 million in salary cap space available but the rookie pool for their draft picks is $5.714 million.
According to a source, the Cowboys have enough money to sign all their picks except top pick Morris Claiborne. They will need Newman's $6 million to get a deal a deal done with Claiborne, who is expected to get a contract similar to what Atlanta wide receiver Julio Jones got last year _ four years, $16.2 million, inlcuding a $10.27 million signing bonus.
The Cowboys lack of financial flexibility is also one reason they have have not made a play for free agent receiver Jacoby Jones who was cut by the Texans earlier this week.
Jones is good kick returner and could be another option to throw at the vacant third receiver spot.