Dallas has already given contract extensions to Ezekiel Elliott, Jaylon Smith, La’el Collins, DeMarcus Lawrence, and Amari Cooper since April 2019. The first three years average an annual salary of $42 million. All rights reserved. The Dallas Cowboys wanted to lock him into a longer deal.. Dak Prescott is looking for a monster contract from the Dallas Cowboys, and the latest reported offer might be the one he eventually inks. Should he get the deal he was looking for, he would make more money than other quarterbacks who have won Super Bowls. Prescott reportedly wants a shorter contract than what the Cowboys are offering him. The biggest elephant in the room when it comes to the Dallas Cowboys is the long-term security of quarterback Dak Prescott. He gets 126 million guaranteed. “So I don't have a time frame, but I'm not concerned about that at all as to any of those issues. Go VIP - One Month for Only $1. It was just a matter of settling on the number. Market data provided by Factset. “He wants a four-year deal. In five games during the 2020 season, Prescott went 2-3, completing 151 of 222 passes (68.2%) for 1,856 yards and nine touchdowns to four interceptions. or redistributed. Prescott’s camp sought a four-year extension in 2020, while the Cowboys pitched a five-year pact. With Prescott reportedly seeking north of $45 million for his final year and Cowboys refusing to comply with the demands, the negotiations appeared to be in a deadlock. Ryan Gaydos is the sports editor for FoxNews.com. And again, no surprises here; no surprises on the amount that the franchise counts against the [cap]; no surprise that we're sitting here, relative to where we are, without a long-term agreement.”, CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM. ESPN's Adam Schefter reported the two sides agreed to a four-year, $160 million contract, with a record-setting $126 million in guarantees. Dak Prescott, the Dallas Cowboys, and the Non-Exclusive Franchise tag Using the non-exclusive franchise tag could be a gamble worth taking. Mahomes has the largest average salary at $45 million, followed by the Texans' Deshaun Watson ($39 million) and the Seahawks' Russell Wilson ($35 million). Today, I’ve prepared three contract options the Cowboys could offer Dak’s camp. "A massive, massive deal for the Cowboys' franchise quarterback, Dak Prescott," NFL … The Dallas Cowboys have reportedly tabled their final offer to Dak Prescott as they look to sign their quarterback to multi-year extension ahead of the July 15 deadline.. Contract Terms: 1 yr(s) / $31,409,000 Signing Bonus - He could do the same in 2021 and make $37.7 million. The latter two are reportedly considering their futures before heading into the new season, and the Cowboys will be mulling all options before making an improved offer to Prescott. Since then, he’s racked up 15,778 passing yards, 97 touchdown passes, and 36 interceptions. The Cowboys’ last offer to Prescott, per Hill, was a five-year pact worth over $34 million annually and included $110 million in guarantees. As per retired NFL star and radio show host Dan Sileo, … Follow him on social media @Gaydos_. So they are not allowed to franchise-tag him anymore. The ball currently appears to be in Prescott's court, as the Cowboys offered the 26-year-old a contract which would come with $105 million guaranteed and an average salary of $33 million. Using a $185 million … Dak Prescott wanted the shorter contract that would have set him up for free agency after the rich new NFL television contracts kick in to boost the salary cap into the stratosphere. The Cowboys’ 2020 offer was believed to have included around $110MM in guarantees. At its max, 164 million dollars. It is the moment Dallas Cowboys fans ... have been waiting for and it is now here for Prescott.". The Dallas Cowboys have until March 9th to franchise tag Dak Prescott. This material may not be published, broadcast, rewritten, All rights reserved. In addition, the Cowboys will presumably have wanted to bring that number in below the $37.7 million it would've cost to give him the franchise tag for a second successive season. He's got a no-tag clause. Legal Statement. He recorded 4,902 passing yards with 30 touchdown passes and only 11 interceptions. “It's not in a list of priorities, as you could imagine, with everything that we all are dealing with, as well as what we're doing with the draft,” he told reporters, according to ESPN. Michael Wayne Bratton | 10 months ago. Russell Wilson’s average annual salary is $34 million, and Ben Roethlisberger is behind him at $33.5 million. According to NFL Network's Jane Slater, the team is prepared to sign Prescott … The Cowboys have likely offered Prescott something like $170 million over five years. By Brad Crawford 3 hours ago . Listen to this — four years, 160 million dollars. "A massive, massive deal for the Cowboys' franchise quarterback, Dak Prescott," NFL Network's Ian Rapoport said Monday evening's NFL Total Access. CBS Sports is a registered trademark of CBS Broadcasting Inc. If they do agree to a five-year deal, they would like a really big number at the end of that fifth year to cover their butts for what the market might be at the position five years from now. "And I think what's really important here ... one, he becomes — in Jerry Jones' 33 years as owner of the franchise — Dak Prescott's only the second quarterback to get a second contract from the franchise, the others being Troy Aikman and Tony Romo, so that's significant. They know what Dak Prescott is going to cost, and it's not going to be 37.7 million dollars — which it would've been, had he played his second year on the tag. His leverage is $37.68M under the tag this year, and $54.25M (franchise), $45.21M (transition), or open market in … The franchise, as of now, is not believed to have proposed a hike in guaranteed money, Slater adds. "And ... it's never been a question of, 'Is Dak Prescott the franchise quarterback for the Dallas Cowboys?' Dallas Cowboys Cowboys Rumors: Dak Prescott's Contract Offer Would Make Him 2nd-Highest Paid QB Paul Kasabian Senior Contributor May 23, 2020 Comments Mutual Fund and ETF data provided by Refinitiv Lipper. On Dak Prescott, the QB market is IRRELEVANT to his leverage. According to a report by ESPN's Adam Schefter, the Cowboys gave Prescott a four-year, $160 million deal with a record $126 million guaranteed. If they fail to sign Prescott to a long-term deal beforehand, Dak will have a clear path toward free agency in 2022 and his future as a Cowboy will be in jeopardy. (AP Photo/Ron Jenkins). When they couldn’t find the happy medium, both sides rolled the dice on the franchise tag. COWBOYS SIGNING ANDY DALTON WAS 'OUT OF LINE,' FORMER WIDE RECEIVER DEZ BRYANT SAYS. Instead, Prescott played under the franchise tag and made $31.4 million. But then Dak got off to this incredible start. sports Cowboys. Having failed to work out a long-term deal with Dak Prescott last offseason, the Dallas Cowboys weren't going to let that happen again. He is. Prescott was not happy to be And I’ve heard he’s asking for somewhere like north of $45 million in that fifth year.”. Prescott was offered a five-year, $175 million contract from the Cowboys, which would make him the highest-paid quarterback in NFL history, NBC Sports’ Chris Simms reported Wednesday during an interview on 105.3 The Fan in Dallas. ©2021 FOX News Network, LLC. Quotes displayed in real-time or delayed by at least 15 minutes. Dak Prescott's franchise tag will bring him a salary of $31.4 million this season. Don’t expect him to blink now. I mean, this is really — for the Cowboys and Dak Prescott, this is what they've been waiting for. Sources told ESPN that Prescott does not plan to participate in the Cowboys’ offseason program until both sides agree to a long-term contract. … So he got franchise-tagged last year, the first quarterback in Cowboys history to play on the franchise tag, and only the third ever. JERRY JONES SAYS COWBOYS NOT CONCERNED WITH DAK PRESCOTT CONTRACT: 'IT'S NOT IN A LIST OF PRIORITIES', “From what I know of the situation, alright, and I know from some people who are in the know, he’s been offered five years, $175 million,” Simms said. However, the Cowboys sputtered during the season,finishing with an 8-8 record and missing out on an NFC East title. Market data provided by Factset. ESPN's Adam Schefter reported the two sides agreed to a four-year, $160 million contract, with a record-setting $126 million in guarantees. 6 days ago. CLICK HERE to download the CBS Sports Mobile App and get the latest on your team today. Dallas Cowboys quarterback Dak Prescott reportedly has received his final offer for a contract extension.. The Dallas Cowboys and quarterback Dak Prescott have been working on a new deal for quite some time, and a potentially tempting offer reportedly just landed on Prescott… Prescott has only appeared in three playoff games, winning one during the 2018 season. The 2016 Offensive Rookie of the Year has not had a losing season since taking the reins from Tony Romo prior to the start of the 2016 season. $126 million of that is guaranteed. That is the base value of the deal. Don’t expect him to blink now. Prescott suffered a season-ending compound fracture and dislocation of his right ankle Oct. 11 in a 37-34 win over the New York Giants. Every time Prescott has bet on himself and turned down a Cowboys offer, he has been rewarded by an increase in value. That is something that they were certain about years ago. He has played in every game since taking over and had his best season yet in 2019. ©2021 FOX News Network, LLC. This should provide them some stability at the quarterback position and make a plan to create more talent around Dak Prescott and, really, address the defensive side of the ball where the real shortcoming's exist.". Shortly after the Dallas Cowboys announced that they agreed to terms with quarterback Dak Prescott on a new deal, further details about the contract extension emerged Monday evening. Subsequently, multiple reports suggested Dak Prescott has, in fact, turned out the Cowboys' contract offer as his representatives could not agree on to the salary for the final year. It’s unclear whether the Cowboys and Prescott will get a deal hammered out. Mutual Fund and ETF data provided by Refinitiv Lipper. One Month for Only $1 . He has completed 66% of his passes for 17,634 yards and 106 touchdowns to 40 interceptions while adding 24 rushing scores and one receiving. Of course, he gets injured and the Cowboys have such confidence in how he's recovering they give him this bag that we're talking about right here. He also has a no-trade clause, putting his future firmly in his hands. Dak Prescott signed a 1 year, $31,409,000 contract with the Dallas Cowboys, including $31,409,000 guaranteed, and an average annual salary of $31,409,000. It's also about Prescott controlling his future. This material may not be published, broadcast, rewritten, or redistributed. "When they went into the 2019 season, Jerry Jones, at that time, said a deal was imminent. That became a sticking point. He ends up playing on the franchise tag. Prescott was offered a … Without further ado, let’s get to them. Dez Bryant reacts to Dak Prescott's new deal with Dallas Cowboys. A two-time Pro Bowl pick, Prescott has gone 42-27 in 69 games (all starts) from 2016-20. Get the fastest scores, stats, news, LIVE videos, and more. Quotes displayed in real-time or delayed by at least 15 minutes. READ MORE: Dak Prescott … Cowboys team owner Jerry Jones said last month he wasn’t concerned about the contract situation as the team prepared for the draft. The two-time Pro Bowler is reportedly seeking more than $45 million per year to play for Dallas. © 2005-2021 CBS INTERACTIVE ALL RIGHTS RESERVED. Check out what's clicking on Foxnews.com. Dak Prescott is looking for a monster contract from the Dallas Cowboys, and the latest reported offer might be the one he eventually inks. "Just agreed to terms, a couple minutes ago. Special Offer. COWBOYS' LEGEND EMMITT SMITH 'NOT CONCERNED' OVER PRESCOTT STALEMATE: 'THE COWBOYS WILL GET IT DONE', Dallas Cowboys quarterback Dak Prescott threw for more than 4,000 passing yards last season. The first three years average an annual salary of $42 million. Adam Schefter @AdamSchefter. Prescott has put pen to paper on a four-year contract with the Cowboys, which could be worth $160 million over the duration of the contract. Prescott was given the franchise tag by the Cowboys to start the season while he reportedly remained committed to getting a new deal. "Everything we had heard over the past week or so had indicated they'd been making steady and continued progress on finally reaching an agreement on a contract that the Cowboys have been seeking since 2019 with their starting quarterback," said ESPN's Ed Werder on Monday evening's SportsCenter. He was no longer willing to play for the money that they had been talking about. Powered and implemented by FactSet Digital Solutions. Join Today . Legal Statement. Powered and implemented by FactSet Digital Solutions. According to ESPN, Prescott and the Cowboys are at a stalemate over contract length. But it's not just about money. While Schefter referenced Prescott's massive earnings in the first year, it seems fair to assume the two-time Pro Bowler won't be counting for $75 million against the salary cap in 2021. Fox News Flash top headlines are here. What Prescott agent Todd France is suggesting is this: Dak will take the four-year framework at $35 million ... and if Dallas wants the fifth year, the … Cowboys are giving Dak Prescott a four-year, $160 million deal, including a record $126 million guaranteed, source tells ESPN. Bleacher Report - Having failed to work out a long-term deal with Dak Prescott last offseason, the Dallas Cowboys weren't going to let that happen again. Source: Dallas Cowboys increase contract offer to QB Dak Prescott The Cowboys previously offered Prescott an average salary of … … Oct 11, 2020; Arlington, Texas, USA; Dallas Cowboys quarterback Dak Prescott (4) celebrates a touchdown catch in the second quarter against the New York Giants at AT&T Stadium. Dak Prescott contract talks have been the single biggest story surrounding the Dallas Cowboys over the past 18 months or so. "And then I think the most important thing is now the Cowboys know what they're budgeting going forward as they begin free agency, restructuring contracts. And they didn't agree to a deal a couple years back. So regardless of what happens, Dak is clearly going to get paid — 66 million dollars at a signing bonus, 75 million in Year 1. (Photo by Tom Pennington/Getty Images) (Photo by Tom Pennington/Getty Images) 2 mistakes Cowboys made in … ARLINGTON, TEXAS - OCTOBER 11: Dak Prescott #4 of the Dallas Cowboys attempts a pass against the New York Giants during the second quarter at AT&T Stadium on October 11, 2020 in Arlington, Texas. dak prescott salary 2019-2020: ezekiel elliott salary: what is dak prescott salary: dallas cowboys dak prescott salary: dak prescott salary at dallas: dak prescott salary contract: dak prescott salary 2020-2021: dak prescott salary cowboys Dak Prescott has reportedly been offered 5-year, $175 million extension, asking for $45 million for fifth year of potential deal . Dak Prescott reportedly turned down $30 million per year offer, wants $40 million annually Things are heating up between Dak Prescott and the Cowboys as contract talks wage on. Modeling Dak Prescott’s contract, changes to the defensive line and a look at the overall salary cap picture round out this edition of Cowboys News and Notes. 2021 NFL offseason: All …