Michael Gallup may be close to re-signing with the Dallas Cowboys

The DallasCowboys may be close to signing wide receiver Michael Gallup to a new contract, Adam Schefter of ESPN.com reports.

The Cowboys made a couple of headlines Friday regarding their WR corps as it also came out that they will likely release Amari Cooper and thus save approximately $16 million against the salary cap. The Cowboys are roughly $20 million above the cap at this point, so moves have to be made.

As for Gallup, he tore his ACL late in the regular season but is expected to be fully recovered before the 2022 campaign. There is even some hope that he could participate in training camp. Assuming the Cowboys get this deal done with Gallup, he would be starting along with CeeDee Lamb. Cedrick Wilson is also a free agent, as is tight end Dalton Schultz, so the Cowboys still have quite a bit of work to do when it comes to their receiving corps.

The Cowboys had an extremely disappointing end to their 2021 season when they lost in the wildcard round to the San Francisco 49ers. They are still the favorites to win the NFC East at -125 and have the fourth-best odds to represent the NFC in the Super Bowl at +700. You can find the lines for the Cowboys and every other NFL team at the FanDuel Sportsbook.