RT Terence Steele, Cowboys agree on $86.8M deal

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Oct 16, 2022; Philadelphia, Pennsylvania, USA; Dallas Cowboys offensive tackle Terence Steele (78) against the Philadelphia Eagles at Lincoln Financial Field.
Image: Eric Hartline-USA TODAY Sports

Right tackle Terence Steele has agreed to a five-year, $86.8 million contract extension that includes guarantees of $50 million, ESPN reported Sunday.

Per the report, the agreement could be worth as much as $91.8 million, a figure that his agent, Erik Burkhardt of Roc Nation Sports, confirmed to ESPN.

At the base value, the contract is worth $17.36 million in annual average value. Lane Johnson of the Philadelphia Eagles is the highest-paid right tackle per season in the NFL at $20.18 million, per Spotrac.

Steele, an undrafted free agent from Texas Tech, signed with the Cowboys in May 2020. This past March, he was assigned a one-year, $4.3 million tender by the Cowboys. He was due to become a free agent in 2024.

It’s the latest big deal for the Cowboys, who since the start of the league year in March have signed cornerback Trevon Diggs (five years, $86.8 million) and guard Zack Martin (two years, $36.85 million) to contracts. Tony Pollard, the running back for the Cowboys

, is also playing with the franchise tag of $10.09million for the 2023 season. Owner Jerry Jones will need to dig deeper into his bank account over the next few months. Quarterback Dak Prescott and wide receiver CeeDee Lamb are eligible for extensions, and linebacker Micah Parsons will command a huge contract when he becomes extension-eligible in 2024.

Steele, 26, has played in 45 games (40 starts) for the Cowboys. He tore an ACL in Week 13 last season against the Houston Texans, and coach Mike McCarthy has said Steele will be ready for Week 1 when the Cowboys visit the New York Giants next Sunday night.

–Field Level Media