Stephen Jones noted that a trade could be on the horizon.

The Dallas Cowboys have been active so far this offseason. Skeptics are allowed remain in “I’ll believe it when I see it” mode, but in a literal and transactional sense, the Cowboys have been much busier these days than in recent ones.

There are a number of free agent acquisitions that Dallas has made to this point, some even during the legal tampering period and before the new league year began. This, in and of itself, is very unlike the Cowboys of recent seasons.

Among the other moves that Dallas has made so far have been two trades. The Cowboys utilized compensatory picks to effectively move down slots with the Buffalo Bills and Tennessee Titans while acquiring Kaiir Elam and Kenneth Murray, respectively. Fans have clamored for more veteran trades after the ones the team executed for Stephon Gilmore and Brandin Cooks a few years back, and while these aren’t necessarily those, they represent a front office that is at least trying a little bit harder than we were used to seeing.

With NFL owners meetings set to take place this week there are dignitaries from across the league who are being quoted on the record. Stephen Jones was asked about continuing to add to the roster and noted that more trades are definitely possible.

Stephen said outright that the Cowboys have some things that they are looking at from a trade standpoint. It would stand to reason then that the Cowboys have their eyes on a veteran or two and have talked price with the teams in question and that maybe sides haven’t quite come to terms on anything yet.

As things stand the Cowboys have 10 picks to work with, the number of selections they had after compensatory picks were originally announced.

• 1st Round (12th overall)
• 2nd Round (44th overall)
• 3rd Round (76th overall)
• 5th Round (149th overall)
• 5th Round (171st overall) [compensatory pick]
• 5th Round (174th overall) [compensatory pick]
• 6th Round (204 overall) [from Kaiir Elam trade]
• 6th Round (211th overall) [compensatory pick]
• 7th Round (239th overall) [from Kenneth Murray trade]
• 7th Round (247th overall) [from Jonathan Mingo trade]

It feels incredibly unlikely that the Cowboys will utilize all 10 of their picks during the 2025 NFL Draft, although to be fair we said that four years ago after Dallas picked up a selection from moving back in the first round and they wound up doing so. Anything can happen.

If you follow what the front office has to say in the media you know that Stephen Jones is not the type to throw out the word trade in a loose fashion. This isn’t a “this definitely going to happen” sort of assessment, but the point taken should be that Stephen is clearly feeling confident that a trade may wind up happening.

What do you want to see the Cowboys do?