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Report: Cowboys to pick up option year for Tyron Smith

Dallas Cowboys v Oakland Raiders

OAKLAND, CA - AUGUST 9: Tackle Tyron Smith #77 of the Dallas Cowboys waits for a snap against the Oakland Raiders in the first quarter of a preseason game on August 9, 2013 at O.co Coliseum in Oakland, California. The Raiders won 19-17. (Photo by Brian Bahr/Getty Images)

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Dallas Cowboys left tackle Tyron Smith has blossomed into one of the premier offensive linemen in the NFL over his first three seasons in the league. Smith was selected to his first Pro Bowl last season and was also named a second-team All-Pro.

As such, the Cowboys want to make sure he’s in Dallas for the foreseeable future. According to Todd Archer of ESPNDallas.com, the Cowboys have exercised their team option on Smith for the 2015 season.

Smith was selected with the ninth overall pick in the 2011 NFL Draft. As per terms of the new collective bargaining agreement, all draft picks sign four-year contracts with first-round selections having a team option for a fifth season. For 2011 draft picks, teams have until May 3 to exercise their options for the 2015 season.

The option would pay Smith equal to the amount of a transition tag for offensive linemen in 2015, which is $10.039 million. The two sides could also work out a long-term extension before the option year would go into effect.