Cowboys executive vice president Stephen Jones has spent the better part of the off-season considering a variety of scenarios and contingencies based on potential moves influenced by the management of the team’s salary cap.

“It’s not frustrating. It’s not overwhelming. It’s what every team does,” he said.

But the Cowboys have a lot to juggle at the moment. They are roughly $20 million over the projected payroll ceiling and must get under it by March 12. A contract extension for Tony Romo would help Dallas achieve that goal. Restructuring contracts for veterans DeMarcus Ware and Jason Witten would also create more maneuverability and potentially reduce the possibility that some of their teammates could be cut and others, like Anthony Spencer, could be re-signed.

Last season, Spencer was pegged with an $8.8 million franchise tag. He’s the only impending Cowboys free agent worthy of receiving that designation again. Could the Cowboys slap another tag on him this season even though the cost would be $10.6 million in 2013? Jones didn’t completely dismiss the possibility, but hinted that certain things have to take place in order for that to happen.

“We have Plan A, B, C, D, E,” Jones said. “Some of those plans include the franchise tag.”