Age: 27
Free Agency: 2029 (UFA)
Accrued Seasons: 5
- Height: 6'6"
- Weight: 310
- College: Texas Tech
- Entry: 2020 Undrafted Free Agent (Cowboys)
- 2024 Salary Cap Charge: $6,500,000 (2.50% of cap)
- 2024 Cash Payout: $8,000,000 (2.97% of spending)
- 2024 Cash to Cap Ratio: 1.23
- Contract Value: $82,500,000 ($16,500,000 APY)
- Fully Guaranteed Money: $23,554,000
- Contract Ranking: 12/102 at RT
Current Contract
(Extension, signed 2023)
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Signing Bonus | Per Game Roster Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 26 | $1,304,000 | $3,000,000 | $0 | $1,304,000 | $4,304,000 | 1.9% | |||||
| 2024 | 27 | $1,625,000 | $4,125,000 | $750,000 | $1,625,000 | $6,500,000 | 2.5% | |||||
| 2025
March 17: 2025 P5 vests to fully guaranteed
| 28 | $13,250,000 | $4,125,000 | $750,000 | $0 | $18,125,000 | 6.2% | |||||
| 2026 | 29 | $13,250,000 | $4,125,000 | $750,000 | $0 | $18,125,000 | 6.3% | |||||
| 2027 | 30 | $16,250,000 | $4,125,000 | $750,000 | $0 | $21,125,000 | 6.7% | |||||
| 2028 | 31 | $16,750,000 | $1,125,000 | $750,000 | $0 | $18,625,000 | -- | |||||
| Total | $62,429,000 | $20,625,000 | $3,750,000 | $2,929,000 | $86,804,000 | |||||||
Contract Notes
Terrence Steele signed a 5 year contract extension with the Dallas Cowboys worth base value of $82.5 million in new money with a maximum new money value of $87.5 million. Steele received $23.554 million fully guaranteed with an additional $13.25 million in vesting guarantees, with a total guarantee package of $49.25 million. Steele received a $15 million signing bonus and has $5 million in performance salary escalators in 2025-2028. Details from Todd Archer of ESPN.
Cash Flows
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|
| Cash Due | $12,000,000 | $8,000,000 | $14,000,000 | $14,000,000 | $17,000,000 | $17,500,000 |
| Running Cash | $12,000,000 | $20,000,000 | $34,000,000 | $48,000,000 | $65,000,000 | $82,500,000 |
Career Earnings: $26,599,000
Career APY: $5,319,800
Contract History
| Team | Contract Type | Status | Year Signed | Yrs | Total | APY | Guarantees | Amount Earned | % Earned | Effective APY |
|---|---|---|---|---|---|---|---|---|---|---|
| Cowboys | UDFA | Expired | 2020 | 3 | $2,295,000 | $765,000 | $135,000 | $2,295,000 | 100.0% | $765,000 |
| Cowboys | RFA | Extended | 2023 | 1 | $4,304,000 | $4,304,000 | $0 | $0 | 0.0% | $0 |
| Cowboys | Extension | Active | 2023 | 5 | $82,500,000 | $16,500,000 | $23,554,000 | $24,304,000 | 29.5% | $12,152,000 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Cowboys | 5 | $26,599,000 | $5,319,800 | $13,099,000 | 0.0% | $0 | 0.0% |
Season History
| Year | Team | Base Salary | Prorated Bonus | Per Game Roster Bonus | Guaranteed Salary | Cap Number | Cap % | Cash Paid | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | Cowboys | $610,000 | $3,333 | $0 | $0 | $613,333 | 0.3% | $620,000 | ||
| 2021 | Cowboys | $780,000 | $3,333 | $0 | $0 | $783,333 | 0.4% | $780,000 | ||
| 2022 | Cowboys | $895,000 | $3,334 | $0 | $0 | $898,334 | 0.4% | $895,000 | ||
| 2023 | Cowboys | $1,304,000 | $3,000,000 | $0 | $1,304,000 | $4,304,000 | 1.9% | $16,304,000 | ||
| 2024 | Cowboys | $1,625,000 | $4,125,000 | $750,000 | $1,625,000 | $6,500,000 | 2.5% | $8,000,000 | ||
| 2025 | Cowboys | $13,250,000 | $4,125,000 | $750,000 | $0 | $18,125,000 | 6.2% | $14,000,000 | ||
| 2026 | Cowboys | $13,250,000 | $4,125,000 | $750,000 | $0 | $18,125,000 | 6.3% | $14,000,000 | ||
| 2027 | Cowboys | $16,250,000 | $4,125,000 | $750,000 | $0 | $21,125,000 | 6.7% | $17,000,000 | ||
| 2028 | Cowboys | $16,750,000 | $1,125,000 | $750,000 | $0 | $18,625,000 | -- | $17,500,000 | ||
| Total | $64,714,000 | $20,635,000 | $3,750,000 | $2,929,000 | $89,099,000 | $89,099,000 | ||||
Statistics
| Year | Games Played | Games Inactive | Snaps | ||
|---|---|---|---|---|---|
| Injured | Healthy | Offense | Special | ||
| 2020 | 16 | 0 | 0 | 84.5% | 16.1% |
| 2021 | 16 | 0 | 0 | 74.3% | 17.6% |
| 2022 | 13 | 0 | 0 | 69.1% | 13.2% |
| 2023 | 17 | 0 | 0 | 99.4% | 19.2% |
| 2024 | 17 | 0 | 0 | 100.0% | 11.8% |
Valuation Diamond
The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.
| OTC Valuation | APY | |
|---|---|---|
| Regular | $9,539,000 | $16,500,000 |
| Injury Adjusted | $9,539,000 | $16,500,000 |
Weekly Valuation Trends
The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.
To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.