The compensatory pick deadline could certainly affect the Cowboys free agency plans.
The Dallas Cowboys know how to play the compensatory game as good as anyone in the NFL these days. Basically, if your team loses more quality free agents than they sign, they get compensated a year later with free mid-sound picks.
Compensatory picks were initially created to help teams with money troubles keep their rosters full during the years they couldn’t afford to sign or keep free agents. But it quickly morphed into a tool to gain extra draft resources for those willing to sit back and be opportunists.