Dak Prescott’s New Contract With Cowboys Could Happen Sooner Than You Think

For the last several months, the attention around the Dallas Cowboys has been on star quarterback Dak Prescott‘s contract situation with the franchise. The two sides have struggled to come to terms on a new deal that would keep Prescott in Dallas for the long haul. It has led the team to resort to utilizing the franchise tag on the Pro Bowler to at least retain his services through the 2020 campaign. However, there appears to be another significant step forward being taken in the contract talks.

Dak Prescott’s contract situation

It has become a lingering discussion around the franchise since last offseason with the team still unable to work out a new multi-year deal with their star quarterback.

The silence between both sides regarding the matter was broken back in February, which marked the first dialogue since last September. During that span, before the Cowboys wound up placing the franchise tag on Prescott, they reportedly made one offer to him that would have paid him $33 million annually and had $105 million guaranteed.

The 26-year-old turned down that offer, and the two sides couldn’t agree on a new contract before the franchise tag deadline earlier this month. However, the placement of that designation does extend the window to a July 15 deadline for them to work out a long-term extension.

There hasn’t been much noise on that front over the last few weeks, but that changed a bit on Wednesday afternoon.

Cowboys re-engaged in contract talks with Dak Prescott

With the extended timeframe to get a new deal now in place, it has allowed the two sides to hash things out well into the offseason.

The Cowboys look to have gotten off on the right foot early in the process by re-engaging Prescott’s agent, Todd France, concerning a new multi-year deal that could be either four or five years, according to Mike Fisher of CowboysSI.com.

The length of the possible new deal hadn’t previously been brought to light, but it’s something that shouldn’t come as a surprise given that the Cowboys want to keep Prescott under center for years to come. That would also put on the table the opportunity for him to potentially bring in more than the $105 million guaranteed on the previous offer the team presented to him.

The fact that the two sides are in discussion with another offer being expected with these renewed talks could bring forth significant progress. There is mutual interest on both sides to get a new long-term extension worked out; it’s just a matter of both parties meeting somewhere in the middle to get it done.

When will Dak Prescott have a new deal?

That is the million-dollar question as the two sides want to avoid it becoming a situation that bleeds into all of the 2020 season and the following offseason.

Although they have until July 15 to get that worked out, it’s clear that both parties want to get out well ahead of that to avoid that lingering on any further than it should. Prescott has made it known that he wants to be paid like one of the top quarterbacks in the league, while the Cowboys are trying to figure out what number they are most comfortable dishing out for their Pro Bowler.

Keep in mind, whatever the figure winds up settling on annually, it’s going to be a franchise record as Pro Bowl defensive end DeMarcus Lawrence’s $21.0 million per year in his five-year, $105 million deal currently holds that all-time mark. It may just be a matter of time before Prescott finally gets his new long-term deal in place with Dallas quite soon.