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Dallas Cowboys quarterback Dak Prescott would have received his final offer for a contract extension.
According to NFL Network’s Jane Slater, the team is set to sign Prescott for an average annual salary of between $ 33 million and $ 35 million with more than $ 100 million guaranteed.
The deadline for Prescott to settle or accept the franchise tag is Wednesday at 4 pm ET.
Slater reports that the two sides have yet to discuss the latest offer together.
At $ 35 million a year, Prescott would have the second highest salary in the league behind quarterback Patrick Mahomes, who recently signed a deal worth more than $ 500 million.
A $ 30 million a year deal for Prescott would put him alongside Atlanta Falcons quarterback Matt Ryan, who earns the same amount. Ryan signed for five years, $ 150 million in 2018.
Among those numbers, Prescott would compete with players like Russell Wilson ($ 35 million average annual value), Ben Roethlisberger ($ 34 million AAV), Aaron Rodgers ($ 33.5 million AAV), Jared Goff ($ 33.5 million AAV) , Kirk Cousins ($ 33 million AAV) and Carson Wentz ($ 32 million AAV).
Remarkably, each of those quarterbacks has a Super Bowl ring or a Super Bowl appearance, with the exception of Cousins.
Prescott would join the Minnesota QB as passers making $ 30 million or more per year despite just one playoff victory on their resumes. However, Prescott was arguably one of the most productive quarterbacks in 2019, shooting for 4,902 yards (second-highest in the league) with 30 touchdowns and 11 interceptions. He also finished with the fourth best QBR in football at 70.2, behind only Lamar Jackson, Mahomes and Drew Brees.
Without an extension, Prescott would earn $ 31.4 million next year on the franchise tag before entering unrestricted free agency after the season.
In the open market, it can be much more difficult for Dallas to sign him, even with a roster that has become a title contender.
In that scenario, Prescott could become the most wanted free agent in 2021 with only Philip Rivers, Jameis Winston, Mitchell Trubisky, and Nick Mullens standing out among quarterbacks in next year’s class.
Contract details through Spotrac
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