The Dallas Cowboys started discussing a contract extension with Dak Prescott a year ago. Now with the deadline looming, the team is reportedly prepared for the negotiations to drag into next offseason.
Latest on Dak Prescott’s contract negotiations
The Dallas Cowboys made it clear they loved Dak Prescott and were determined to sign him to an extension this offseason. From vice president Stephen Jones saying the club is “all in on Dak” to owner Jerry Jones compared him to his son, the intention was evident.
However, talks haven’t gone well since the team hit Prescott with the franchise tag in March. While it ensured the 26-year-old would remain in Dallas next season for $31.4 million, it is also one of the last times both sides had substantive talks regarding a contract extension.
Now with the franchise-tag deadline on July 15, Prescott and the Cowboys are headed for a stalemate. According to ESPN’s Jeremy Fowler, multiple sources around the league expect nothing will happen between the two sides and the club now expects Prescott to play on the tag.
Prescott signed the franchise tag in June, waiting until the offseason training period was over to make it official. After months of making no progress, with the length of the contract representing the biggest hurdle, the Pro Bowl quarterback is prepared to play on a one-year deal.
Once the deadline passes, the Cowboys won’t be able to sign Prescott to an extension until next offseason. Given placing the franchise tag on Prescott would cost the team $38 million when the NFL is facing a massive revenue hit, Prescott will have more leverage than ever.