The Dallas Cowboys face tricky offseasons with expiring deals and a potential Dak Prescott contract extension.
The last time Dak Prescott and the Dallas Cowboys agreed on a contract extension to keep the franchise quarterback with the team that drafted him, it took several years.
This week, Jordan Schultz reported that Prescott could command a contract worth up to $60 million per year on his new deal.
In 2024, Prescott will earn a base salary of $29,000,000 and a roster bonus of $5,000,000, while carrying a cap hit of $59,455,000 and a dead cap value of $61,915,000, according to Spotrac.
The Cowboys must find a way to trim at least $19.7 million in cap space before the new league year begins on March 13th.
According to a report from Mike Fisher of Cowboys Country, the Cowboys, and Prescott are set to begin negotiations on a new contract that would lower the star quarterback’s cap number and keep him in Dallas for the foreseeable future.
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Prescott is coming off the best statistical season of his career, which gives him significant leverage in this round of contract talks.
Prescott completed a career-high 69.5 percent of his passes for 4,516 yards with 36 touchdowns to just nine interceptions. The team won the NFC East division but once again faltered come playoff time as they lost in the Wild Card round to the Green Bay Packers.
The Cowboys have a decision to make on Dak Prescott’s contract situation and are running out of time to get a resolution.