Dak Prescott is heading into the final year of his current contract with the Dallas Cowboys. Unless the team can sign him to a new deal, he is set to become a free agent next offseason. But the Cowboys are in a particularly terrible situation if they do want to re-sign their star quarterback.
As Charles Robinson of Yahoo Sports points out, the Dallas Cowboys put themselves in a terrible situation regarding the contract status of Dak Prescott. Since the team did not sign him to a contract extension earlier, it will now cost them a lot more money if they want to re-sign him.
“The Cowboys had waited too long to get ahead of the contract market, painting themselves into a negotiating corner and watching Prescott bet on himself and a perpetually quarterback-starved league. And the predictable outcome was coming closer to fruition with each passing day: Dallas was going to pay a lot more than it or anyone else had imagined. By the spring of 2021, the salary target settled right into place via four-year, $160 million deal,” Robinson wrote for Yahoo Sports this week.
“Now history appears to be repeating itself, with an even bigger number within reach for Prescott: $60 million per season.”
So it looks like the options for the Cowboys are either to spend a lot of money re-signing Prescott, or let him walk – in which case they will still owe him a lot of money on his contract.
It sounds like a lose-lose situation.
