By Anthony Caruso III | Publisher
The Dallas Cowboys have released injured Defensive Tackle Gerald McCoy. His release comes just one day following a season-ending injury on Monday.
McCoy had surgery on his ruptured right quadriceps tendon. The Cowboys used his injury waiver in his contract to release him.
By making this move, Dallas gets out of his three-year, $18 million contract. In addition, they save $3.25 million by releasing McCoy.
He could potentially sign with the Cowboys once he’s healed. But if he signs again with the team, it’ll be under a new contract.
The injury waiver said that if he re-injured his right knee or quadriceps, the Cowboys could get out of his deal. McCoy has chronic tendinitis in his right knee and quadricep.
The veteran has been allowed to keep his signing bonus. The Cowboys gave him a $3 million signing bonus.
But he lost his $2.5 million base salary. It’ll now come off of the Cowboys books for the 2020 season.
He also lost his $750,000 roster bonus.
At this time with no new contract signed, McCoy lost his $5 million base salary and $1.5 million signing bonus in 2021. He also lost his $5.25 million base salary in 2022 along with his $750,000 roster bonus.
Despite being released, McCoy will remain around the team, according to Cowboys head coach Mike McCarthy.
“Actually Gerald, that was part of our conversation, he expressed not only a desire to be here and be part of what we’ve started here,” McCarthy said. “Obviously he’s very comfortable and this is where he wants to be. That’s exactly what he communicated to me.”