Dallas Cowboys will now officially have quarterback Dak Prescott under center for the 2020 NFL season. According to ESPN’s Adam Schefter, Prescott will sign his franchise tender with Cowboys by Monday and will contractually commit himself to play with the organization this season.
Prescott’s rookie deal expired in March, but the Cowboys placed a $31.4 million exclusive franchise tag on the 26-year-old quarterback to ensure that he can’t sign with another team. The two sides have been working on a long-term deal for a while now, but continue to be quite apart in terms of the contract.
By signing his tender, Prescott secures himself a salary for this year while sending a message that he doesn’t intend to use a hold-out as a way to force a contract extension he wants. He and Cowboys still have until July 15th to get a deal done, which would in return void the tag.
ESPN’s Ed Werder followed up on Schefter’s report by saying that Prescott’s decision to sign his tender isn’t an indication that he might be closing to a deal with Cowboys.
Recent reports indicated that Cowboys’ latest contract offer to Dak Prescott included a yearly salary between $34 million and $35 million and would make him among the highest-paid NFL quarterbacks. Prescott, on the other hand, is asking a deal that is closer to $40 million annually. The two sides are reportedly also off in terms of contract length.
Prescott is coming off a career season in which he had 4,902 yards and 30 touchdowns. However, despite his high production, he failed to lead the Cowboys to playoffs as they finished second in the NFC East with 8-8 record.
