With minicamp now underway, the Dallas Cowboys finalized an important piece of accounting.

The team entered the 2019 NFL Draft with only six picks after giving their first-rounder to the Oakland Raiders to land pro bowl wide receiver Amari Cooper, but were able to successfully turn their fourth-round compensatory pick into two additional selections after trading back not once, but twice on Day 3. With the jersey numbers and OTAs in the books, they had seven of their eight rookies officially inked to deals. The only remaining player was offensive lineman Connor McGovern, but that's now been resolved.

On the second day of minicamp, McGovern signed his four-year contract — completing the set for the Cowboys.

Here are the approximate numbers on each deal:

__

With the estimates above, the Cowboys' cap picture going into the month of May becomes crystal-clear.

By securing veteran defensive end DeMarcus Lawrence on a five-year, $105 million extension in April, the team reduced his cap hit for 2019 by $10.4M — pushing their cap space to $19.66M going into the draft. The above draft class will subtract roughly $4.45M from that figure, leaving around $15.21M in room for the Cowboys to make any additional moves they deem necessary before the 2019 regular season kicks off. They're currently engaged in active talks on both Cooper and quarterback Dak Prescott, but those two contracts will offset each other if they both land this offseason.

That's because although a new contract on Prescott could potentially raise his cap hit for this coming season (if the extension includes a reworked 2019 figure), the cap figure on Cooper will certainly go down from the expected $13.92M he's set to carve out of the team's cap, effective in September if no extension is done before then.

From the aforementioned $15.21M in projected space after inking the draft class, there will be some additional liability by way of the undrafted signings, but they won't impact the numbers much at all. Those players all receive contract minimums and that is, of course, assuming their bubble doesn't pop before the regular season gets underway. Most, if not all, of the UDFAs will receive a bonus of some sort to sign on but they usually average on the low end — around $3,000 or so.

Highly sought-after rookie free agents will get a bit more (upwards of $100K with a $10K signing bonus), however, as a means of wooing them onto the team.

While UDFAs will find themselves battling tooth-and-nail for a shot at landing on someone's 10-man practice squad (they're not simply auditioning for the Cowboys, after all), the eight draft picks have a much better shot at making the 53-man roster when the head count gets lopped from 90, giving them the obvious edge to earn their maximum payout going forward.

The reason for the delay on McGovern was simply due to him being a third-round pick, and the Collective Bargaining Agreement allows for players selected in the third round to negotiate with their team a bit — while others are essentially locked into the rookie wage scale. This is why cornerback Jourdan Lewis didn't complete his deal until late summer after being drafted, and wide receiver Michael Gallup's was a bit delayed one year later. It's rarely anything to be concerned with when wondering why the third-rounder is the last to sign, seeing as it's usually just extra back-and-forth occurring before the inevitable deal lands.

The Cowboys understand the dance well.

All in all, even with the rookie draft picks and UDFA's readying to sign their new NFL contracts, the Cowboys are in great shape regarding the cap. Anything they opt to not use in 2019 simply rolls over to 2020, where they already have an embarrassment of riches awaiting.

Now, as far as the rookies go — and veterans, for that matter — it's time to see who can earn and/or outperform their contract. Training camp rapidly approacheth, which is also when McGovern will return to the field after suffering a pectoral strain that will keep him out of minicamp.

With his deal now in the books, the Cowboys can move on to more pressing bookkeeping matters.

[H/t OvertheCap.com, Spotrac]