Spencer will receive $10.638 million for the 2013 season, but Woy adds that the two sides are expected to work on a long-term contract extension.
Spencer, 29, tallied a career-high 11 sacks in 14 games last season for the Cowboys.
It’s interesting that the Cowboys are willing to allocate a large amount of money to Spencer given that they’ll be moving to a 4-3 base defense next year. Spencer’s value on the open market would likely be derived from the fact that there are limited options at outside linebacker, which is really a premium position.
We had Spencer listed as the No. 15 best available player in our Top 50 Free Agents list.