The Cowboys offered Crayton a one-year, $1.3 million tender to remain with the team. Crayton will remain the No. 3 receiver behind Terrell Owens and Terry Glenn.
Crayton saw action in all 16 games last season, his third with the Cowboys since being a seventh-round pick out of Northwestern Oklahoma State in 2004.
He had a career-high 36 catches for 516 yards and four touchdowns and also returned 11 punts for 85 yards last season.