Dak Prescott and the Dallas Cowboys are quickly approaching a deadline to finalize a contract extension before their season opener against the Cleveland Browns on September 8. Despite ongoing negotiations throughout the spring and summer, no agreement has been reached. Meanwhile, other quarterbacks like Jordan Love and Trevor Lawrence have secured significant long-term deals, earning $55 million per season.
Prescott, who is set to play out the final year of his four-year, $160 million contract, seems poised to seek a deal that reflects his market value rather than settling for a team-friendly agreement. He emphasized his commitment to ensuring fair compensation for himself and future quarterbacks, indicating he won’t accept a discounted offer.
In recent comments, Prescott highlighted his understanding of the importance of financial fairness in the NFL, suggesting that while he’s confident in his agent and the Cowboys’ ability to reach a deal, he’s not willing to compromise on his value. He pointed out that the money can be worked out and expressed trust in the process, despite the urgency.
The situation is further complicated by the Cowboys’ inability to use the franchise tag on Prescott next offseason if a deal isn’t reached, making free agency a likely outcome if no agreement is made by the deadline. Additionally, with star receiver CeeDee Lamb and defensive standout Micah Parsons also seeking new contracts, the Cowboys are facing challenging negotiations.
Cowboys owner Jerry Jones has been tight-lipped about the progress in talks with Prescott and Lamb’s representatives, offering little insight into the negotiations.