Cowboys Engaged In Last-Minute Talks With Dak Prescott

Although the Cowboys and Dak Prescott had not discussed a deal in weeks going into Wednesday, the parties did some 11th-hour communicating.

The Cowboys sent “repeated texts” to Prescott on Wednesday, urging the franchise-tagged passer to call executive VP Stephen Jones, Ed Werder of ESPN.com tweets. Prescott did so after discussing the matter with agent Todd France, whom Werder indicates had a separate discussion with Jones.

These talks are not believed to have gone too far, however, per Ian Rapoport of NFL.com (via Twitter). Prescott will be just the third quarterback to play a season on a franchise tag. He will follow Drew Brees (2005) and Kirk Cousins (2016 and ’17) in that regard.

Prescott’s camp has eyed a four-year deal worth more than $35MM annually. Jerry Jones wanted at least a five-year commitment, per usual for Cowboys cornerstone players, and a salary south of $35MM. The best known offer the Cowboys made was one that came in just north of $33MM per year.

Dallas failing to finalize an extension is in step with most of the teams that used their franchise tags this year. Only the Chiefs and Titans came to terms with franchise-tagged players before the deadline. But the Cowboys have succeeded in extending their top talent for years. Just over the past year and change, Dallas signed 2019 franchise player DeMarcus Lawrence months before the tag deadline and extended Ezekiel Elliott to end the running back’s lengthy holdout. Amari Cooper reached free agency, but the Cowboys brought him back soon after.

Prescott being the exception could have significant consequences. Should the Cowboys fail to reach an extension agreement with their quarterback next year, a tag would cost $37.7MM. That coming in a year in which the cap may decline or stay at $198MM will make matters tougher on Dallas than they were for Washington in 2017, when the cap made its usual climb. If this process follows the Cousins-Washington path, Prescott’s tag price would balloon to $54MM in 2022.

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