SEPTEMBER 6: Stephen Jones confirmed on Friday (via team reporter Nick Harris) talks continue on the Prescott front. The team remains hopeful an agreement can be reached prior to Sunday, and attention will no doubt be focused on any movement in negotiations in the immediate future.
SEPTEMBER 5: CeeDee Lamb‘s extension is in place, and Micah Parsons may well need to wait until next offseason to finalize one of his own. The Cowboys still have the matter of a Dak Prescott deal to attend to in the days leading up to their season opener, however. 
Negotiations on an extension have taken place throughout the summer, and efforts to reach an agreement continue before Week 1. During a recent Scoop City episode, Dianna Russini of The Athletic reported contract length is an issue between the parties (audio link). The financial element of a new Prescott accord is still expected to top the quarterback market, but Dallas could be hesitant about making another long-term commitment (at least, in terms of guaranteed money) in the 31-year-old. One year remains on the four-year, $160MM pact he signed in 2021.
However, DLLS’s Clarence Hill Jr. writes team and player are in fact in agreement on contract length at this point. He adds that progress has been made recently and as a result a deal is “closer than it has been” at previous times in the offseason. Owner Jerry Jones said last week an extension does not need to be in place in time for Week 1, but Hill describes Sunday as Prescott’s “arbitrary line of demarcation,” suggesting talks could be paused after that time if no deal is reached. ESPN’s Dan Graziano adds it would not come as a surprise for this situation to be resolved in the coming days, even if it resulted in Prescott falling short of the $60MM AAV mark he has been connected to.
Prescott has joined Jones in making numerous public comments on this situation, one which will see him carry a cap hit of over $55MM in 2024 as things stand (along with a charge of more than $40MM next year if he were to depart). Last year’s MVP runner-up has repeatedly hinted at a willingness to keep his options open, citing the volume of high-profile quarterbacks who have played for multiple teams in their careers. He and Jones have, on the other hand, made clear their preference to continue their long-running relationship in 2025 and beyond.
Lamb’s deal carries an AAV of $34MM, the second-highest figure for receivers. Whenever Parsons’ deal is in place, it will no doubt make him at least one of the league’s highest-paid edge rushers. Those commitments will make a new Prescott investment difficult to manage from a cap standpoint, but no clear successor is in place under center if he is allowed to leave on the open market next spring. Playoff success has been elusive in the Prescott era, something Jones remains acutely aware of in advance of head coach Mike McCarthy‘s lame-duck season.
“I don’t know that there’s any more urgency but I have tried to look at places that we are complacent or ways not to be complacent,” Jones said (via a separate Hill piece). “I’m looking for ways to make sure they can’t say that I’ve got some kind of structure that breeds complacency. It can be contracts. It can be conversations. It can be player decisions… I didn’t make many changes. But within the realm of not making changes, totally changing people out, I tried to turn up the heat on myself and everybody involved. And I think that’s what’s being discussed.”
A short window of time still remains for Prescott and the Cowboys to finalize an agreement. It will be interesting to see if talks continue into the regular season if needed, but if the parties are settled on many elements of an extension the immediate future could breed further traction and an end to the uncertainty surrounding Dallas’ quarterback direction.
