Details emerge on Michael Gallup's contract extension with Cowboys

When the Dallas Cowboys parted ways with star wide receiver Amari Cooper, Dallas had one goal in mind: resigning Michael Gallup to a long-term deal, and moving forward with the Gallup-Ceedee Lamb combination at wideout.

That goal came to fruition on Monday, with Gallup inking a five-year contract extension with the Cowboys, the details of which have just been made public: Gallup’s new deal with the Cowboys is five years and is worth $57.5 million, according to Tom Pelissero, who added that Gallup will receive a $10 million signing bonus and $23 million fully guaranteed at signing. Additionally, Gallup gets another $4 million guaranteed for injury in 2024, so the contract comes out to a maximum of $62.5 million with incentives in 2024-25, assuming Gallup can achieve those goals.

Despite battling multiple injuries this season, Gallup’s body of work prior to the 2021 season was enough to secure him the big deal he was looking for.

Gallup suffered two major injuries during the 2021 season, most recently tearing his ACL on Jan. 2 against the Arizona Cardinals. In the season opener against the Tampa Buccaneers, Gallup suffered a calf injury that held him out for the majority of the season. He only appeared in nine games this year for the Cowboys.

In the nine games he did play in, Gallup totaled 35 receptions for 445 yards and two touchdowns. In 2019, he posted the first 1,000-yard+ season of his NFL career.

The five-year deal is a significant increase from the former Colorado State star’s rookie deal. He originally signed a four-year, $3.5 million deal. He’ll now make more than $10 million a year, which puts him amongst the top 30 highest paid NFL wide receivers.

NFL insider reveals Cowboys salary cap savings from Amari Cooper trade

The Cowboys stopped the NFL world on Saturday, trading star wide receiver Amari Cooper to the Browns. While Dallas thinks highly of the former Alabama star, the Cowboys needed to move the wide receiver to clear immense cap space.

After the move was announced, NFL Network’s Tom Pelissero revealed how much the Cowboys cleared from their 2022 salary cap due to the trade.

“The #Cowboys clear $16 million from their 2022 salary cap with the Amari Cooper trade to Cleveland,” tweeted Pelissero.

Last season, Amari Cooper caught 68 passes for 865 yards and eight touchdowns. Still, Dallas believed their cap space was more important than finding a way to work with the star wide receiver. Now, the task becomes keeping their tremendous offense humming with the former Alabama star shipped off the Cleveland.