The Dallas Cowboys are reportedly considering a substantial and lucrative contract extension for star quarterback Dak Prescott following his outstanding performance in the 2023 NFL season. The quarterback’s stellar contributions have played a pivotal role in the Cowboys’ success this season, prompting speculation about a potential long-term deal.
Insights from NFL Network Insider Ian Rapoport on Sunday’s NFL GameDay Morning suggest that negotiations between Prescott and the Cowboys are on the horizon. If successful, this deal could propel Prescott into the ranks of the highest-paid quarterbacks in the league, joining the likes of Lamar Jackson and Joe Burrow, who set records for quarterback contracts in the recent off-season.
Prescott’s exceptional play, potentially positioning him for an MVP-worthy campaign, solidifies his role as a key player for the Cowboys. Beyond on-field success, practical considerations, such as managing the salary cap, add weight to the likelihood of an extension. With a substantial $59.455 million salary-cap hit in 2024, the final year of his current four-year, $160 million contract signed in 2021, renegotiating Prescott’s deal becomes crucial, especially with upcoming contract negotiations for rising stars Micah Parsons and CeeDee Lamb.
The urgency to address Prescott’s contract is emphasized by a $5 million roster bonus due on the fifth day of the new league year, setting expectations for an extension before that deadline. Negotiations, however, may face added complexity due to clauses in Prescott’s existing deal that restrict trades and franchise tags.
Recent outstanding on-field performances have significantly boosted Prescott’s bargaining power. Notably, a three-touchdown display in a historic Cowboys prime-time victory over the Seattle Seahawks and a run of six consecutive games with two or more touchdowns have etched Prescott’s name into Cowboys history books dating back to 1970.
Addressing critics and doubters, Prescott remains focused on his performance and personal growth. In a candid moment with reporters after a recent victory, he expressed his resilience against external opinions, highlighting his control over his narrative.
As the regular season approaches its conclusion, the spotlight intensifies on the impending negotiations for Prescott’s long-term contract extension. This process is poised to shape the Cowboys’ future, solidifying Prescott’s role as a cornerstone of the franchise.
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