Dallas Cowboys

The Dallas Cowboys were granted a two-game roster exemption for All-Pro wide receiver CeeDee Lamb on Tuesday, the same day where he returned to practice for the first time since signing his long-term extension. Per Tom Pelissero, Lamb remains on the commissioner's exempt list and doesn't count against the 53-man roster limit until he's activated, which can happen anytime. Fantasy managers let out a collective sigh of relief on Monday when Lamb signed a four-year, $136 million extension which includes $100 million guaranteed and a record $38 million signing bonus for receivers. A Pro Bowler in each of the last three seasons, Lamb put up his best season to date with 135 receptions, 1,749 yards and 12 touchdowns in 2023. Lamb is a locked-in top-two receiver in fantasy and with his financial security in place, should be a comfortable selection in the top-five picks in fantasy football this season.

Four-time Pro Bowl running back Dalvin Cook is flying to Dallas on Monday night for a visit with the Cowboys, according to sources. Unlike a year ago when Cook was rehabbing from shoulder surgery, he has been hitting the weights all offseason and said he feels the best he has in years. Cook looked washed up in his time with the New York Jets and Baltimore Ravens last year, but the Cowboys are going to take a look as they attempt to bolster their backfield depth with the regular season less than two weeks away. The 29-year-old averaged just 3.2 yards per carry on 67 attempts, gaining 214 scoreless yards. He also added 15 catches for 78 yards. Cook could be more productive with better health in 2024, but even if he signs with Dallas, he'll be too far down the depth chart to be much of a fantasy option to begin the year. As things stand now, Ezekiel Elliott, Rico Dowdle, Royce Freeman and Deuce Vaughn are their top four RBs.

The Dallas Cowboys and All-Pro wide receiver CeeDee Lamb agreed to a four-year, $136 million extension on Monday that includes $100 million guaranteed, according to sources. The deal also includes a receiver-record $38 million signing bonus. The deal was negotiated by Tory Dandy of CAA, and it makes Lamb the second-highest-paid non-quarterback in NFL history. The Cowboys and owner Jerry Jones never seemed to be in a rush to extend the 25-year-old pass-catcher this offseason, but now a deal is done just less than two weeks before the start of the regular season. Lamb can now rejoin Dallas' offense in practice after holding out all of training camp and the preseason. The former first-rounder has been a Pro Bowler each of the last three seasons and led the NFL with 135 receptions in 2023 while also going for a career-high 1,749 yards and 12 TDs in 17 regular-season games. With an extension in hand, Lamb is now even more likely to be a top-five pick in fantasy drafts.

According to NFL Media's Tom Pelissero, wide receiver CeeDee Lamb and the Cowboys have talked "a lot" over the last 10 days. Pelissero added that the wideout isn't looking to be the highest-paid receiver in the league. However, it appears Lamb may be in line to make just under what Justin Jefferson will earn on his new contract, which still is more than most. Without question, time is ticking, considering the regular season commences in a few weeks. Yet, Pelissero indicated he is "optimistic" the situation might be nearing an end, resulting in Lamb ending his holdout. With that in mind, fantasy managers will feel more comfortable drafting the 25-year-old once he signs on the dotted line. But he remains a first-round fantasy option regardless.

The Dallas Cowboys wrapped up their preseason Saturday evening 1-2 with a 26-19 loss to the Los Angeles Chargers. Quarterback Trey Lance played the entire game and was the subject of a post-game interview with Jerry Jones. "I saw some good, and I saw some things you'd like to have back," Jones said of the former third-overall pick. "Certainly, we're planning on him being on our roster for sure." The Cowboys' owner also noted that he does not regret spending a fourth-round pick to acquire the 24-year-old last August from the San Francisco 49ers. Lance finishes his preseason by completing 73-of-113 passes for 662 yards, two touchdowns, and five interceptions. He also racked up 168 yards rushing and an additional two scores on 24 carries. He'll open the year as Dallas' QB3, as the Cowboys will be one of the only teams to roster a third option. For now, he's a nice stash in dynasty formats but offers little value elsewhere.