Latest On Dak Prescott, Cowboys

The Cowboys have until July 15th to hammer out a new deal with Dak Prescott. Apparently, they’re not all that close to an agreement. So far, the talks have consisted of the Cowboys pushing for a longer deal and the quarterback gunning for a shorter contract, according to Adam Schefter of ESPN.com (on Twitter).

There’s little doubt that Prescott’s next deal will make him a very, very rich man. However, Schefter’s report indicates that there’s no truth to a recent rumor that made the rounds on Wednesday. The internet was buzzing with talk of a five-year, $175MM offer for the quarterback, but there was apparently no truth to those rumors. According to Todd Archer of ESPN.com, the Cowboys have an offer on the table that would make Prescott the league’s second-highest player in terms of average annual value (behind Seahawks star Russell Wilson and his $35MM AAV). That jibes with what we heard several months ago, when it was reported that Dallas had offered a contract with an AAV of about $33.5MM during the scouting combine (though that proposal didn’t gain much traction).

Currently, Prescott is slated to earn ~$31.4MM in 2020, per the terms of the franchise tag. If they can’t come to terms on an extension by July 15th, they’ll have to wait until after the season to restart talks. There’s clear mutual interest in a multi-year arrangement, but Prescott wants a shorter deal so that he can cash in all over again with youth on his side. The Cowboys, meanwhile, want a longer deal that won’t completely break the bank.

There’s all sorts of analytics out there that show if your quarterback takes up too big a percentage of your salary cap, it decreases your chances to win,” COO Stephen Jones said recently. “We’re just trying to figure out the right fit. No one wants to sign Dak to a longer term deal more than Jerry and myself. We’re on the record time and time again on what we think of him as a leader. He has the ‘it’ factor. He’s a fierce competitor. He wants to win as well, and it’s just gotta be right for him and right for us.”

Prescott, a two-time Pro Bowler, threw for 4,902 yards and 30 touchdowns in 2019. He’s seeking a deal that would make him the league’s highest-paid quarterback, vaulting him ahead of Wilson. But as a source tells ESPN’s Ed Werder, the two sides are close enough on dollars that a long-term deal by July 15 is in reach (Twitter link). If they can agree on the length of the contract, this matter could come together quickly.

Rory Parks contributed to this post.

Photo courtesy of USA Today Sports Images.

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27 comments on “Latest On Dak Prescott, Cowboys

  1. goldenmisfit

    Cowboys fan here as well as Prescott fan, the fact he’s only thinking about cashing in again after this tells me this guy is not the right fit. Have him sign the franchise tender then do some wheeling and dealing before next years draft and figure a way to get into the top five so you can draft your next franchise quarterback. Have never seen a quarterback during negotiations be completely “Me“ when being offered a long-term deal that would make him the highest pay guy in the league.

    • bigjonliljon

      There’s no “I” in team. He wants to be the highest paid QB in the league. He’s not near the best QB in the league.

    • Or he just doesn’t want to be a Cowboy. I’m sure thats pretty common league-wide.

  2. jb19

    With Cam Newton being available probably next year, Jamies only on a one year deal and Andy Dalton also being on the team, cowboys should just table this extension talk and revisit next year. they are no more likely to get to a super bowl with those 3 guys than they are with Dak.

    • GeauxRangers

      Yeah true those 3’s teams did really well with them last year… oh wait…

    • dmarcus15

      I’m in the same opinion as you. Dak is playing the opinion that several teams want him I honestly think 2 would take him as the starter Oakland and Jville and let’s be frank Jville is wanting Trevor Lawerence. If Dallas signs a deal of 35 a year they will not be able to build their defense.

  3. mlbnyyfan

    I still think Jerry will agree to his demands. He overpaid for Zeke and Cooper. Cowboys delaying the inevitable. I will be happy and shocked if Cowboys move on from Dak and possibly trade him. He’s not worth 35-40 a year until he wins BIG for America’s team.

  4. medic87

    He turned down Russell Wilson money, 5yrs/175m AND wanted 45 mil on the last year of the deal. This guy or his agent is out of their minds!

    • crosseyedlemon

      ♫ Through sunshine and shadow, from darkness till noon
      Over mountains that reach from the sky to the moon
      A man with a dream that will never let go
      Keeps searching to find El Dorado

      So ride, boldly ride, to the end of the rainbow
      Ride, boldly ride, till you find El Dorado ♫

  5. Ak185

    Money or rings. It’s really quite simple.

    Players want rings, it’s the agents that want to drive prices up. Dak’s on a team with a chance to contend most years, it’s not like the Cowboys have no shot at ever making the playoffs with him there. That alone makes it difficult for me to see why he’d choose a massive cap hit instead of the increase in a chance to win more championships. It’d be easier to understand if this was Megatron with the Lions where he did not trust the team to compete. So that makes me think the agent has a lot to do with his priorities. Just a theory of course.

  6. jorge78

    I wonder if the Cowboys new backup QB (the red head) could do as well as Dak with this better team?

  7. crosseyedlemon

    Maybe he becomes more affordable if the Cowboys give him a GM and coaching title and snag a higher draft slot as a reward.

  8. Paul1989

    He was 500 in the NFC East. Maybe someone should explain how bad the NFC East is and tell him Dak and Dunk isn’t worth it.

  9. zephyrcowboyfan

    How about an incentive-laden fifth year that adds a million $$ or so per Super Bowl win achieved over the first four years of the deal?
    That I’d like to see…

  10. julyn82001

    Oh some of these athletes’ salary expectations! Not your regular worker making $10-15 an hour… It is what it is…

  11. mlbnyyfan

    Calling out all Cowboys fans. Do you think this is the guy to take you back to the Super Bowl. If so then they unfortunately need to pay him if not why haven’t they moved on from him already. I like to compare Jerry Jones to George Steinbrener winning at all cost no matter what. If he’s not the QB to take America’s team back to the Super Bowl stop wasting time and find someone else. I’m a HUGE Giants fan but I know Dallas deserves better than a good QB they need a great one.

    • I dislike the Cowboys all the same, but I actually think this is a case where most of the blame truly falls on the head coach.

      And they hired another one that will do anything Jerry asks! I feel very lucky as an NFC East fan that the Cowboys are run by that man.

  12. washington_bonercats

    I personally think the Boys should trade Dak and pick up Lauren Grouch of the Omaha Heart. Lot of unscouted talent down there in the LFL.

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