Deadlines tend to spur action, but today’s deadline probably won’t move the needle for Dak Prescott and the Cowboys. The two sides are not expected to hammer out an extension by 4pm ET/3pm CT, Adam Schefter of ESPN.com tweets.
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In fact, the Cowboys haven’t talked with their franchise-tag quarterback in weeks, according to Ed Werder of ESPN.com (on Twitter). Their last chat took place on June 22 – since then, it’s been dead quiet. Barring a major change, Prescott will become just the third quarterback in NFL history to actually play out the season on his franchise tender, joining Drew Brees and Kirk Cousins (twice).
Prescott will earn $31.4MM this year, and the Cowboys won’t be able to resume talks with him until after the season. If Prescott manages to turn in a full season that mirrors his exceptional first-half of 2019, he’ll be in line for an absolute fortune. Next year’s tag would cost the Cowboys $37.7MM, a number that’s basically unworkable for a team that’s already top-heavy in salary. Beyond that, there’s also the possibility of a major NFL-wide cap reduction, though that would impact players in equal measure.
Prescott, 27, has been aiming to top Russell Wilson‘s $35MM-per-year deal. There’s been some chatter about Patrick Mahomes‘ $45MM/year deal working to Prescott’s advantage, but that probably won’t serve as a comp for his camp. Prescott has been seeking a deal on the shorter side and Mahomes’ deal goes for ten years.