I had some hopes for Spencer being traded, but I think if it was going to happen it would have happened already.
If you just look at the history of the Cowboys under Jerry Jones, it should have been clear from the start. When was the last time the cowboys traded a player *away* for better than a 4th round pick? Go ahead... I'm waiting.
I've found exactly four players we've traded away in the last 11 years:
Anthony Fasano + Akin Ayodele: 4th round pick
- Pat Mcquistan: conditional 6th
- Patrick Crayton: 7th or 6th with conditions
Trading away high value players is simply not normal for Jerry Jones. The only obvious exception was the Herschel Walker trade and that other JJ had a big hand in that one. If you think about all of the players fans have wanted to trade recently (Jenkins, Bennett, Felix, etc..), none of them *ever* seem to happen.
And now time is running out. Jerry has said that the value of trades on draft day is at its lowest. He's not going to trade then, and if Jerry's right, the value of Spencer is just going down with every passing day. It's hard to picture any team wanting to trade anything significant for Spencer without a contract in place and the Cowboys seem in no hurry to do that.
If they were worried about spending money in free agency, they would have already had a deal. I think Spencer is going to ride out the franchise tag until at least the middle of next season. If he plays well again, Jerry will sign him. Otherwise we will franchise him until he plays poorly or we need to franchise someone else.