O Cowboys put the exclusive franchise label on Prescott in March, which means he will receive at least $ 31.4 million in salary in 2020. But the hope of the Prescott camp and the Cowboys is that they will make a long-term deal, although discussions have not increased intensity in the last few weeks.
The next important date to remember is July 15th. Without a long-term contract signed by that date, Prescott will have to play tag during the 2020 season and will not be able to sign a long-term contract with the Cowboys until the end of the season.
With most sports live on hiatus because of coronavirus pandemic, conversations between Cowboys and Prescott's agent, Todd France, were analyzed by fans and the media with a zeal that is not always seen during the normal sports news cycle.
Trenches have been dug in the debate that seems ridiculous when there are statistics and evidence to support the fact that Prescott has been one of the best defenders in the NFL since taking on the Cowboys attack in 2016.
Theories have emerged as to why the Cowboys have yet to reach an agreement. Let's look at some of the most discussed narratives:
Theory: Cowboys don't believe Prescott is a top QB
The Cowboys have an offer that, according to sources, would make Prescott the second highest paid NFL quarterback on average per year. That number would fall behind Seattle Seahawks quarterback Russell Wilson, who earns $ 35 million a season and receives guaranteed money that is equivalent to Jared Goff$ 110 million guarantee from Los Angeles Rams.
If the Cowboys didn't believe in Prescott, would they have made that kind of offer? If they didn't believe Prescott, would they have put the exclusive franchise tag on him, which prevented other teams from making an offer to Prescott? If they didn’t believe in Prescott, they wouldn’t even have thought of going after a top free agent, like, for example, Tom Brady?
The Cowboys have gone through a long winter as a quarterback, from Troy Aikman's retirement in 2001 to the time Tony Romo took office in 2006. Cowboys' owner and general manager, Jerry Jones, and Executive Vice President Stephen Jones , know the difficulty of finding and maintaining franchise quarterbacks. . Prescott, who was elected the 135th overall in the 2016 draft, has a 40-24 record as a starter, led the Cowboys to the playoffs twice, won a post-season game and is reaching career records in past yards (4,902 ) and touchdown passes (30).
Verdict: How could the Cowboys not like it in Prescott?
Theory: Dallas waited too long to try to sign Prescott
NFL rules prevented Cowboys from signing Prescott for a contract extension until after their third season (2018). As soon as they could, the Jones repeatedly said that Prescott was their # 1 priority for long-term signing.
In April 2019, Wilson signed a $ 140 million four-year contract this made him the highest-paid quarterback in terms of average per year ($ 35 million).
Goff and Philadelphia Eagles quarterback Carson Wentz, the top two choices in the 2016 draft and selected 135 and 134 vacancies ahead of Prescott, respectively, each with four-year extensions until 2024. Goff received $ 134 million, including guaranteed 110 million. Wentz received $ 128 million, including a guaranteed $ 108 million.
The Wentz contract met in June 2019; The Goff agreement was finalized in September 2019.
Did the Cowboys lose a window to conclude the deal with a more aggressive (ie profitable) offer? Dallas thought he was close to a deal with Prescott, with the opening of the 2019 season, on a contract worth $ 33 million a year and with more than $ 90 million guaranteed, but Prescott chose to play the season with his $ 2 million salary.
Yes, the Cowboys signed a defensive end DeMarcus Lawrencerunning back Ezekiel Elliott, Defender Jaylon Smithright tackle La & # 39; el Collins and wide receiver Amari Cooper to extensions of monsters since the off-season of 2019, but these deals have not removed any money the team has set aside for Prescott.
Verdict: They still have until July 15 to sign it.
Theory: Cowboys want Prescott to settle for less
If less money is being offered in a deal that would still make Prescott the second highest-paid quarterback in the NFL, everyone should be just as lucky.
Here is a lesson in the history of the Cowboys. In 2013, Romo was entering the last year of his contract and could not be subject to the franchise brand in 2014. Romo had not taken the Cowboys to the playoffs since 2009, but the organization remained all-in in the team's quarterback. same reasons why the Cowboys are all-in at Prescott now.
In April 2013, Romo signed a six-year, $ 108 million contract this included $ 55 million in guaranteed cash. A month earlier, Joe Flacco became the highest-paid quarterback, averaging $ 20.1 million after helping the Baltimore Ravens for the Super Bowl. He had a $ 51 million guarantee.
Romo's guarantee was tied for second among quarterbacks, and his average of $ 18 million was the fourth most that year. Romo had a victory in the playoffs at that time.
With the six-year deal, Romo took no less, but he did not take as much as he could.
Not to forget, Romo was fulfilling a $ 67 million contract in six years in 2013, while Prescott was stepping out of a newbie contract that paid him approximately $ 4 million in salary and signing bonuses for a period of four years.
Verdict: The Cowboys gave Romo the money, so why didn't they give it to Prescott?
Domonique Foxworth defends why the Cowboys should sign Dak Prescott for a long-term contract.
Theory: Prescott must realize how much he earns off the field
Few NFL players do better than Prescott in terms of exposure when it comes to marketing their own brand. While advertising revenue is difficult to determine, Prescott has had lucrative deals with Adidas, Oikos, Pepsi, Campbell's Chunky Soup, 7-Eleven, New Era caps and Sleep Number beds.
Prescott has loss and disability insurance policies, as well as multiannual support agreements, which in total are valued at more than $ 50 million in September 2019, league sources told ESPN.
The Cowboys try to use their popularity and the lack of Texas state income tax to gain an advantage when appealing to players for big deals. The team's argument is valid because the guarantees given to Goff and Wentz are greatly affected because of taxes, as well as the higher cost of living in California and Philadelphia compared to Texas for Prescott.
But this is not the defender's fault, and he should not suffer a major blow to certain financial benchmarks that are important to defenders (and, honestly, agents).
While he shouldn't take much less from the Cowboys on a long-term contract, his management team must not ignore the benefit that Prescott receives from playing for the Cowboys. They are called America & # 39; s Team, after all.
Verdict: Cowboys do not weigh what they will pay a player based on what they earn off the field.
With all the speculation, July 15th can't get here fast enough.