Cowboys To Use Exclusive Franchise Tag On Dak Prescott?

We’ve been hearing for months that if the Cowboys couldn’t agree to a long-term extension with Dak Prescott, then they’d slap the quarterback with the franchise tag. We now have more clarity on their plan, as NFL.com’s Ian Rapoport reports that the organization would opt for the exclusive franchise tag (via NFL.com’s Jeremy Bergman).

This path would provide benefits and negatives for Prescott. For negatives, the quarterback wouldn’t have the ability to negotiate with other teams (whereas under the traditional, non-exclusive tag, he could leave town if another team was willing to pony up a pair of first-rounders). The benefit? While the non-exclusive tag accounts for the top-five salaries at a respective position over the past five years, the exclusive tag accounts for the top-five salaries at a respective position for the upcoming season.

As Mike Florio of ProFootballTalk.com notes, that current exclusive-tag quarterback value would be around $31.62MM. However, the number isn’t set in stone until the end of April, so it could easily fluctuate between now and then. For comparison’s sake, the non-exclusive quarterback tag is estimated to be around $27MM for the upcoming season.

This also provides some leverage in Prescott’s talks with the organization. The quarterback could sit on his ~$32MM salary for 2020, and then if he’s slapped with the tag again, he’d be in line to make close to $38MM in 2021.

We learned earlier this week that Cowboys officials met with Prescott’s agent, Todd France. It was the first time the two sides had met since the start of the 2019 season.

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