No Deal For Cowboys And Dak, QB To Play Under Franchise Tag In 2020

Josh Clark
July 15, 2020 - 3:02 pm
Categories: 

DALLAS (105.3 The Fan) - The deadline has come and gone and Dak Prescott and the Dallas Cowboys weren't able to come to an agreement on a contract extension.

According to Tom Pellisero of the NFL Network, Prescott's representatives did speak to the Cowboys before the 3 p.m. deadline but were unable to agree on a deal. 

By not coming to an agreement, Prescott will play the 2020 season under the $31.409 million franchise tag. 

According to 105.3 The Fan's Mike Fisher, Dallas offered their star quarterback a five-year deal with an average of $35 million per year with $106 million in virtual guarantees. Prescott's agent Todd France held firm in his ask of a four-year contract to allow his client to re-enter the market after the NFL's next television deal kicks in. 

So, what now? No negotiations can resume until after the 2020 season is completed.

Dallas can tag him again next year .... and the year after that, as cap-unfriendly as such a plan would be. It would mean that in 2021, he gets $37.68 million, fully-guaranteed. That’s $69.08 million for two years. And in 2022? That tag number is $54.25 million.

That’s a three-year total of $123.33 million, fully-guaranteed. And not optimal, as "triple-tag'' would cost Dallas $41.11 million average per year - fully-guaranteed. So, it would have been simpler to just pay him $41.11 million per year now.

Both sides have a long time to think about what that next deal will look like, and we'll get the opportunity (once again) to debate the fluctuation of that next contract every week Prescott steps on the field.