Some took Dak Prescott’s intention to signal his franchise tag to imply the Dallas Cowboys quarterback is transferring towards a multi-year contract settlement with the group.
That optimism must be curtailed.
ESPN’s Ed Werder studies, in regard to Prescott inking his $31.four million tender by Monday, that “it’s not a sign” a long-term deal is “shut.”
Additional, Werder was informed by a supply near the scenario that Dallas feels caught between a rock and a tough place, pressured to lock down Prescott whereas concurrently navigating round potential wage cap-related pitfalls stemming from the coronavirus and estimates of its monetary ramifications on the game in 2020.
“Their downside is the second 12 months, as a result of this wage cap goes to crash except there’s an intermediate deal,” stated the supply. “They must intestine their group to maintain him then. So there’s much more incentive for the Cowboys to do a long-term cope with Dak due to the coronavirus and the place the cap is perhaps subsequent 12 months.”
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Repercussions of the Tag
The Cowboys are toeing a effective line with Prescott, who, for now, turns into him the NFL’s seventh-highest-paid participant by way of complete money and the highest-paid in base wage, dwarfing 49ers QB Jimmy Garoppolo ($23.eight million), per Spotrac.com.
This ties up a major chunk of Dallas’s cap allotment at a time of nice uncertainty; the group is projected to lose a league-high $621 million in stadium income if the upcoming season is performed with out followers within the stands. Franchises throughout the game are bracing for the inevitability that COVID-19 will impression how a lot cash may be spent on participant contracts, and who they need to spend it on.
The Cowboys know Prescott holds a good bit of leverage in ongoing contract talks. If he merely performs the 2020 marketing campaign below the tender, he’ll pocket a assured $31.four million and start setting his sights on 2021 unrestricted free company. If tagged once more subsequent offseason, he have to be given a 20 p.c improve in pay — roughly $37.7 million — per the phrases of the brand new Collective Bargaining Settlement.
Thus, Dallas probably would favor a long-term deal, permitting them to unfold out Prescott’s cap fees throughout future seasons. Then once more, the foremost roadblock in discussions facilities round size, with Dak in search of a four-year dedication and the membership wanting a five-year pact.
The worst-case situation for Prescott differs enormously from that of the Cowboys, who danger plunging into cap hell — and, as Werder famous, upending their roster — in the event that they aren’t cautious.
The place Issues Stand
Identical as the place they stood in Might. Or April. Or January. Or final September. Prescott is stumping for a contract on his phrases, and Dallas is unwilling to cave. But.
The perimeters have till July 15 to succeed in an accord or Prescott will go well with up on the tag, which contractually obligates the two-time Professional Bowl signal-caller to report back to coaching camp, stopping a summer-long holdout a la Ezekiel Elliott.
ESPN reported final month the Cowboys floated a suggestion to Dak’s camp price roughly $34 million yearly, with upwards of $110 million assured. A subsequent report indicated that the events have been comparatively silent in latest weeks, although there’s mutual optimism a deal will likely be reached by the deadline.
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Comply with Zack Kelberman on Twitter: @KelbermanNFL