ESPN’s Adam Schefter reports that the Cowboys have signed head coach Wade Phillips to a contract extension that will run through the 2011 season. What this essentially means is that owner Jerry Jones picked up Phillips’ 2010 option and added another year onto the head coach’s contract.

Some fans may disagree, but this was a smart decision by Jones. He didn’t want to go into the offseason trying to convince free agents to come to Dallas when he can’t even make a decision about who his head coach will be. But now that Phillips is under contract through 2011, the Cowboys have stability at their head coach position, at least for the time being.

Another reason this makes sense is because a potential lockout is threatening to wipe out the 2011 season. Chances are a new CBA deal will be struck by then, but it doesn’t make sense for an owner like Jones to pay a new head coach millions of dollars for doing nothing in 2011. (Especially if that new head coach was a big name like Bill Cohwer.)

Don’t forget that the Cowboys improved this season under Phillips. They still came up short of Jones’ expectations, but there are 30 teams that fail to reach the Super Bowl every year and half of those teams aren’t close to reaching the title game. The Cowboys at least won a playoff game and are seemingly moving in the right direction.

Is Phillips the right man to lead the Cowboys to the Super Bowl? Who knows, but at least Jones didn’t make a rash decision based on Dallas’ loss to Minnesota last Sunday. If the Cowboys implode next season, then Jones can re-visit the situation again but at least right now he has a head coach that has already proven he can lead a team to the playoffs.

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