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With less than 24 hours until the window of a long-term deal closes until after the 2020 season, the Dallas Cowboys and franchised quarterback Dak Prescott are no closer to a deal than they were months ago.
According to a league source, the two sides are still not talking. The Cowboys made their most recent offer in March, and have done nothing since to start the discussions.
While the Cowboys may make one last effort to get Dak to sign, they have done nothing to lay the foundation for whatever they can offer before the clock at 4:00 p.m. ET on Wednesday.
The Cowboys’ last offer consisted of a five-year contract, with a guaranteed percentage of money too low for a five-year contract. His options are to significantly increase the guarantee or reduce the offer to four years, the duration for which Prescott has been pushing.
Ultimately, the question remains whether the Cowboys will offer Prescott enough to trade the $ 31.4 million he must earn this year, the $ 37.68 million he would earn under the label in 2021, and the three-headed monster. The Cowboys would face off in 2022: Transition Label Over $ 45 Million, Franchise Label Over $ 54 Million Or Unrestricted Free Agency For Dak.
Some have suggested that Dak should not assume that he will be re-tagged in 2021, nor should he assume that no one else will pay him $ 37.68 million next year. The fact that the Cowboys have used the highest franchise tender possible this year (they could have saved several million with the non-exclusive version) suggests that they are not willing to risk the possibility of it leaving now. So why would they be at even greater risk of leaving later by not tagging it a second time?
In fact, if Dak is chasing 2020, who would they replace him with? They were lucky with Dak in the fourth round of the 2016 draft. How lucky will a team be in 2021 if there is no college football season and a recruit who has not played college football in 20 months is expected to suddenly perform at the level of the NFL?
Except for a catastrophic injury or dramatic drop in performance, Dak is looking for $ 69.08 million over the next two years, followed by a gigantic Cowboys payday or an opportunity to see what the open market will have.
Considering how that worked for Kirk Cousins in 2018, Prescott should abandon the possibility of becoming the first quarterback in league history to receive the exclusive version of the franchise tag, he did not sign a long-term deal, and then he became a free agent. If the Cowboys want to prevent that from happening, it’s time to do what they should have done by the time their third regular season ended: make him an offer he can’t refuse.
