Cowboys Successfully Trade for Seahawks Super Bowl MVP Kenneth Walker III After Making an Irresistible Offer — Seahawks Quietly Accept

DALLAS, Texas – Just hours before the 2026 NFL free agency market officially opened, Dallas Cowboys surprised many by completely changing course on a player who had widely been expected to become a “cap casualty.” Instead of releasing him to create salary-cap space, Dallas chose to restructure the contract and keep the veteran defender on the roster for the upcoming season. In the days leading up to the decision, many NFL analysts believed the Cowboys would move on from veteran safety Malik Hooker in order to free up cap space. Evaluations from Pro Football Focus and commentary from ESPN analyst Bill Barnwell both identified Hooker as one of the most likely players on the roster to be released. Had the Cowboys gone through with that plan, the team could have saved nearly $7 million in cap space. However, the front office ultimately chose a different path. According to Todd Archer, Dallas instead restructured Hooker’s contract, creating approximately $2 million in additional cap room while keeping the veteran safety on the team. The move is part of a broader financial strategy for the Cowboys as they enter the free agency period. Earlier, Dallas had already reworked the contract of offensive tackle Terence Steele, which created roughly $9.5 million in additional cap space. These adjustments suggest the Cowboys are preparing financially for potential roster moves during the early stages of free agency. Keeping Hooker also comes at a time when Dallas has already made a significant move on defense by trading for pass rusher Rashan Gary from the Green Bay Packers. With several changes taking place across the roster, the Cowboys appear to value maintaining some veteran stability within their defensive unit. Still, Hooker now enters what could be a pivotal season in his career. Last year he suffered a toe injury that eventually landed him on injured reserve. When he did return to the field, his performance declined significantly, as the passer rating he allowed rose to 131.7 — a number that raised questions about his current level of play. According to Pro Football Focus, Hooker once ranked among the top safeties in the league, but his standing has dropped sharply over the past two seasons. As he approaches his 30th birthday in April, the Cowboys are aware that additional depth at the position may still be necessary. Even so, Dallas’ decision to keep Hooker indicates the team still believes the veteran can provide value to the defense. As the Cowboys continue reshaping their roster ahead of the 2026 season, this last-minute move could end up playing an important role in their evolving defensive plans.