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NFL rumors: Cowboys, Dak Prescott contract talks expected to ‘drag out’

NJ.com logo NJ.com 6/1/2020 By Mike Rosenstein, nj.com

The clock is ticking on the Dallas Cowboys and quarterback Dak Prescott. If the two sides work out a long-term contract, it probably won’t happen until the 11th hour.

That’s according to ESPN’s Jeremy Fowler. Per YardBarker:

“I continue to hear, from sources, that Prescott and the Cowboys are both ready to drag this out to the July 15 franchise tag deadline if that’s the way it’s going to be. And that’s the paste right now. It’s been slow over the last month, and they still have a gap in money and number of years on the contract. So Prescott’s willing to be patient as well.”

According to Fowler’s report, league insiders believe Prescott will sign if Dallas gives him a four-year contract worth about $35 million per year.

But what the Cowboys have put on the table remains unclear.

On May 9, Fisher reported the Cowboys have an “offer on the table” which would “likely” make Prescott the “highest-paid player” in the history of football: five years, $35 million per year, with $106 million guaranteed.

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Pro Football Talk’s Chris Simms backed up that report on May 19. Per Sports Illustrated:

"From what I know of the situation, and I know from some people who are in the know that he’s been offered five years, $175 million,'' Simms told 105.3 The Fan’s "K & C Masterpiece'' on Tuesday. "He wants a four-year deal. If they do agree to a five-year deal they would like a really big number at the end of that fifth year to cover their butts for what the market might be at the position five years from now. And I’ve heard he’s asking for somewhere like north of $45 million in that fifth year.''

NFL Network’s Ian Rapoport debunked that rumor two days later by reporting that "the two sides have never discussed such scenarios or anything like it. Dak wants a shorter deal, the Cowboys want a longer one. July 15 is the deadline.”

Yet the next day, ESPN’s Todd Archer reported “the Cowboys have an offer that, according to sources, would make (Dak) Prescott the second-highest-paid NFL quarterback in terms of average per year. That figure would fall behind Seattle Seahawks quarterback Russell Wilson, who makes $35 million a season and received guaranteed money that is on par with Jared Goff’s $110 million guarantee from the Los Angeles Rams.”

As an insurance policy, the Cowboys signed former Cincinnati Bengals QB Andy Dalton last month, giving him a one-year, $3 million deal.

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Mike Rosenstein may be reached at mrosenstein@njadvancemedia.com. Tell us your coronavirus story or send a tip here.

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