Cowboys Prescott discusses his strong desire for a contract extension.
Dallas Cowboys quarterback Prescott said “it can be done” in regards to getting a new, big contract signed.
Prescott and the Cowboys’ playoff woes, most recently exemplified by an embarrassing 48-32 home loss to the Green Bay Packers in the Wild Card, led some to come to the conclusion that Prescott could not be a Super Bowl-winning quarterback and that the Cowboys should not ‘overpay’ for the 31-year-old.
In comments to the media during Dallas training camp, though, Prescott indicated that he feels almost an obligation to other players in the NFL to sign a big contract extension.
I’m a guy that grew up with two older brothers,” Prescott said. “You understand what a brotherhood means, not only for just this team but the fraternity of the NFL and the players. The money is out there and the money can happen. It can be done. There’s ways to make everything work for both ways. That’s in that sense it’s always about pushing the envelope for the next man.
As mentioned earlier, Prescott has just one season left on his current deal with the Dallas Cowboys. Prescott signed a four-year, $160 million contract ($126 million guaranteed) in March 2021, and this season, he is set to have a $55.1 million cap hit, the second-highest of any player in the NFL.
While he wouldn’t be under contract with the Cowboys next season if the two sides do not agree to an extension, he would still be on the books for $40.1 million in the form of dead cap. Additionally, Prescott cannot be traded nor have the franchise tag placed on him, severely limiting what Jerry Jones and the Cowboys can do with their starting quarterback.
The most likely scenario is that Prescott will sign a 10-figure extension with Dallas, but it’s plausible both sides will play these contract negotiations out as long as possible — even until March — to maximize their perceived leverage. Either way, Prescott and his agent now have numerous comparable contracts they can use as a baseline for Prescott’s new deal.