January 25, 2013; Ko Olina, HI, USA; NFC outside linebacker Anthony Spencer of the Dallas Cowboys (93) looks on during practice at NFC media day for the 2013 Pro Bowl at the JW Marriott Ihilani Resort. Mandatory Credit: Kyle Terada-USA TODAY Sports

NFL Free Agency Rumors: Dallas Cowboys Still Consider Tagging Anthony Spencer

There are less than four hours until Monday afternoon’s NFL Franchise Tag Deadline and one of the teams going down to the wire with their decision making process is the Dallas Cowboys.

Dallas is involved in some last minute conversations as they decide whether or not to use the franchise tag on Anthony Spencer, who played outside linebacker last season and will be transitioning to defensive end in Monte Kiffin’s new 4-3, Tampa 2 scheme.

The Cowboys are in a rough salary cap situation, so they are unsure if the  $10.63 million tag for Spencer would make sense for their current situation.

Per David Moore of the Dallas Morning News:

The Cowboys can maneuver to keep Spencer, but it will severely limit the club’s ability to compete in the upcoming free agent market. Even if the club does not tag Spencer, they will not have the financial flexibility to be a major player in free agency.

Time is running out for the Cowboys to make their decision and if they ultimately decide to use the tag on Spencer they will be forced to shave another $5 million or more from the cap.

Tags: Anthony Spencer Dallas Cowboys NFL Free Agency

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