Now that the Dallas Cowboys have locked up Ezekiel Elliott with a long-term contract, the team has turned its attention to securing Dak Prescott’s future.
The Dallas Cowboys front office has been very busy lately. Jaylon Smith, La’el Collins and Ezekiel Elliott have all gotten new deals recently. Now it’s time for Dallas to take care of its franchise quarterback.
That means that Stephen Jones and company need to make progress in their negotiations with Dak Prescott. Fortunately for Cowboys fans, Jones has good news on the subject. He insists the team is “open for business” when it comes to inking Prescott to a new deal before the team’s opener against the Giants on Sunday.
The real question is how much money Dallas is willing to pony up for the former Mississippi State star. The rumors about Prescott’s desired salary have been erratic to say the least. Most NFL observers believe he would like the annual average value of his new deal to exceed the $35 million per season deal Russell Wilson agreed to earlier in the offseason. That deal makes him the highest-paid signal caller in the league. It’s unclear if the Cowboys are willing to go that high for a player without a significant resume of postseason success.
The only other realistic option the Cowboys have would be to franchise Prescott after the conclusion of his rookie deal. That would give the team the ability to control his rights for two more seasons, but it would also come at a massive cost. That’s why team officials are so anxious to sign him to a new deal that can lock him in at a lower salary cap number moving forward.
In the end, it would be a major surprise if the two parties can’t come to terms on a deal in the coming days. Prescott came into the league as a fourth round pick, which has severely limited his earnings to date. His career earnings are only slightly north of $2.7 million for his career. Any big contract he gets from the Cowboys moving forward will provide him with life-changing money.
The Cowboys are also motivated to get a deal done to save face. Jerry Jones does not want to risk backlash from fans by letting their franchise quarterback walk. Add it all up and there’s plenty of reason for optimism for Dallas fans who want to see Prescott agree to a new contract. Both he and the team have plenty of reasons to get a contract done quickly.