Cowboys expect Dak Prescott to sign franchise tag Monday
The Dallas Cowboys will soon have Dak Prescott under contract, as ESPN’s Adam Schefter reports the quarterback will sign his franchise tag by Monday.
Cowboys’ QB Dak Prescott is planning to sign his $31.4 million exclusive franchise tender by Monday, source tells ESPN.
The two sides still now have until July 15 to work out a long-term deal.
— Adam Schefter (@AdamSchefter) June 21, 2020
As noted by Schefter, the exclusive franchise tag that Dallas used to secure Prescott this year is worth $31.4 million. Assuming he does sign that contract, Prescott and the Cowboys will have until July 15 to work out a long-term deal.
NFL Game Lines
The good news for the ‘Boys is that Prescott would be contractually obligated to report to training camp on time, once he does sign.
Once he officially signs his franchise tender, Dak Prescott will be contractually obligated to report to training camp on time, whether or not he and the Cowboys can figure out a long-term deal. Prescott is locked in for 2020 season. https://t.co/2fWqhSpv8q
— Adam Schefter (@AdamSchefter) June 21, 2020
The two sides have not really gotten together in a serious way to negotiate a contract in months, per recent reports. If no long-term contract is signed, then Prescott would be the seventh-highest-paid quarterback in the NFL for the 2020 season.
Highest-paid QB in terms of average annual value:
1. Russ Wilson: $35M
2. Ben Roethlisberger: $34M
T-3. Aaron Rodgers: $33.5M
T-3. Jared Goff: $33.5M
5. Kirk Cousins: $33M
6. Carson Wentz: $32M
7. Dak Prescott: $31.409M (franchise tag)
8. Matt Ryan: $30M— Field Yates (@FieldYates) June 21, 2020
Read: Packers Face Telling Year After Tumultuous Offseason
The biggest issue standing in the way of a deal is how long the contract will be. Prescott would reportedly rather sign a four-year contract, while Dallas wants him locked up for one more year on a five-year contract.
The Cowboys are committed to keeping Prescott as the franchise quarterback for the long term. Jerry Jones recently compared the quarterback to his own son, and it’s hard to imagine this not ending amicably.
