As the Dallas Cowboys build their 2024 roster, many factors will go into their decisions as they work their way down from 90 to 53 players. One issue that can come up is the pain of admitting defeat on someone you’ve spent significant money or draft capital on. If the Cowboys allow “sunk-cost fallacy” to affect their judgment, it could mean having a weaker team this season.
What is sunk-cost fallacy? Simply put, it’s when you hang on to something to your own detriment based on how much you’ve already invested. It’s like finishing a bad meal or sitting through the rest of a bad movie; you’ve already paid for it and spent time on it, so now you just want to see it through.