To nobody’s surprise, the Dallas Cowboys intend to exercise the fifth-year option on star Running Back Ezekiel Elliott’s contract. This will keep Zeke signed with the Cowboys through the 2020 season.
The deadline for teams to use the options years on the draft class of 2016 is Thursday, May 2nd, just a few days following the 2019 NFL Draft.
Cowboys VP Stephen Jones on the team eventually exercising the fifth-year option on Ezekiel Elliott’s contract: “Obviously we’re gonna do it.
It’s appropriate that Stephen said “obviously,” because there is no reason for the Cowboys not to utilize this provision. It’s one of the perks of drafting a player in the first round; the option does not apply to any other rookie deals.
Right now, the 2020 option year projects to pay Elliott around $10 million. That is a bargain considering other franchise backs like Todd Gurley, Le’Veon Bell, and David Johnson are all now averaging $13-$14 million per season.
In fact, it may be more of a discount than Zeke is willing to give. He may very well holdout if the team doesn’t give him a new contact closer to his market value.
For all we know, the Cowboys have every intention of doing just that. This move is little more than a formality; a placeholder that prevents Elliott from entering unrestricted free agency in 2020 and secures his rights while a new deal is negotiated.