‘NO WAY I’M LEAVING: Dallas Cowboys Key Player Accept A Deal Of $ 85.4 million Set To Depart From Cowboys Today…
Even though Dak Prescott will be entering the final season of his current contract in 2024, the Dallas Cowboys don’t seem to be showing much urgency to get a new deal done with their star quarterback.
Appearing on Saturday’s SportsCenter, ESPN’s Jeremy Fowler reported the Cowboys and representatives for Prescott haven’t had “any substantial talks” about a long-term contract.
“I was told that Dallas and Dak Prescott’s reps have not had any substantial talks,” Fowler said.
“They have not discussed numbers, they could certainly meet at the NFL combine next week though to at least get started to see where each side is at.
The Cowboys are currently $3.2 million over the cap with free agency set to begin on March 13.
There are several moves Dallas can make that will free up cap space, including reworking the already-existing contracts for Zack Martin and Trevon Diggs that would give the team up to $20 million.
If Michael Gallup were to be released with the post-June 1 designation, it would save the club $9.5 million.
CeeDee Lamb is eligible to sign a contract extension that would almost certainly lower his $17.99 million cap hit for next season.
Prescott’s cap figure is likely the biggest priority for the Cowboys to figure out. His $59.5 million cap hit is the second-highest among all quarterbacks, behind only Deshaun Watson’s $63.98 million.
If the Cowboys only want to restructure Prescott’s current deal, they could free up close to $23 million between his salary and roster bonus.
But that would increase his dead-money charge for 2025 to approximately $54 million.
As things currently stand, Prescott will have a $36.5 million dead-cap charge in 2025 as the first of two void years on his contract.
When Prescott originally signed his four-year, $160 million extension with the Cowboys in March 2021, he gave himself tremendous future leverage by negotiating a no-tag clause into it.
