News Now: Why Dallas Cowboys must do everything possible to not allow Dak Prescott enter Free Agency

Why Dallas Cowboys must do everything possible to not allow Dak Prescott Free Agency. 

 

 

Additional details are emerging regarding the ongoing situation between the Cowboys and Dak Prescott. While no formal offer has been presented and a

deal is not imminent, CBS Sports’ Josina Anderson has provided some insight consistent with the team’s recent stance.

According to Anderson, the Cowboys remain committed to negotiating an

extension with Prescott this year. Additionally, she reports that the team has no intention of allowing the reigning

MVP runner-up to become a free agent. While various obstacles remain in the way of finalizing a Prescott extension, the Cowboys are still considered likely to

actively pursue a third contract with their quarterback before the start of the 2025 league year, despite the current absence of any imminent developments.

Similar to the initial round of negotiations for Dak Prescott’s extension, Jerry Jones advocated for a team-friendly

deal this week. Jones emphasized how a significant extension for Prescott would impact the overall composition of the

Cowboys’ roster. While Patrick Mahomes notably sacrificed with a 10-year extension through 2031, subsequent quarterbacks who have agreed to

extensions since July 2020 have not followed suit. Although certain elite quarterbacks like Josh Allen and Matthew Stafford did not hold out for

player-friendly agreements, the market for high-end passers has now surpassed $50 million per year. Given Prescott’s age and production, he could command a

deal approaching $60 million annually and possesses the leverage to secure favorable terms once again.

Heading into the final season of his four-year, $160 million contract, Prescott is ineligible to be franchise-tagged in 2025.

Despite a recent restructuring that saved the Cowboys $4 million, Prescott still

carries a record-breaking cap number of $55.1 million. If Prescott were to depart in free agency, the Cowboys would incur $40.1 million in dead money due to

previous restructures that extended void years through 2028. Additionally, Prescott’s positional value works in his

favor. Despite the Cowboys’ playoff struggles during the Dak era, they boast a three-time Pro Bowl quarterback who rebounded impressively last season. The

30-year-old quarterback led the NFL with 36 touchdown passes in 2023 and has guided the league’s top-ranked scoring

offense in two of the past three years. With Trey Lance on an expiring contract, the Cowboys would face significant challenges in replacing their oft-

criticized signal-caller if he were to depart in free agency, akin to Kirk Cousins’ departure as a twice-tagged player.

Deadlines have proven somewhat effective for the Cowboys and Prescott in the past. Although the team failed to reach a deal with their quarterback by

the July 2020 franchise tag extension deadline, they were able to revisit negotiations and secure an extension after three offseasons of discussions, just

before facing a second tag in March 2021. March 2025 looms as the next significant deadline, but Prescott’s leverage would only increase with another strong season

and the threat of hitting the free-agent market. A deal reached earlier, which would provide the Cowboys with more flexibility compared to Prescott’s current

$55.1 million cap hit, would be in the team’s best interests, effectively establishing an earlier deadline in this regard.

While nothing is imminent, given the financial implications involved, the discussion of a Prescott extension will

likely remain a prominent offseason topic, much like it was from 2019 to 2021, throughout this NFL offseason.

 

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