Step

• 1

  Remove steaks from refrigerator 30 minutes prior to cooking, to allow to ocme to room temperature. Season steaks on both sides with Traeger Prime Rib Rub.

• 2

  When ready to cook, start your Traeger at 350 degrees F and allow to preheat, lid closed, for 10 to 15 minutes.

• 3

  Put the chopped bacon in a cast iron pan and place on the hot grill grate. Cook the bacon for 10 to 15 minutes, or until the fat has rendered.

• 4

  Remove the bacon from the pan and drain out all but 1 tablespoon of the bacon grease from the pan.

• 5

  Add the onions into the cast iron pan and cook on the Traeger for about 10 minutes, or until the onions have softened. Next add brown sugar; cook for about 15 to 20 minutes more to allow the onions to caramelize.

• 6

  Add in the coffee, apple juice or water, and cooked bacon and continue to cook, stirring occasionally, until the onions really thick and "jammy" - about 20 more minutes.

• 7

  Stir in the balsamic vinegar and spoon into a bowl and set aside. (Keep the leftover bacon-onion jam in the fridge. This bacon-onion jam really tastes best at room temperature so always let it come to room temp before enjoying.)

• 8

  Turn the heat on the Traeger up to High and preheat for 10 to 15 minutes with the lid closed.

  450 ˚F / 232 ˚C

  00:15

• 9

  Lightly drizzle the steaks with olive oil and cook them on the Traeger for about 4 to 5 minutes on each side, for medium-rare, or until they reach your desired doneness

• 10

  After they're done, remove them from the grill and let rest for about 10 minutes before slicing.

• 11

  Top each steak with the bacon-onion jam and you've got some serious money right there. Enjoy!