Dak of the Cowboys at $60 million a year? Jerry claims that he is not concerned about becoming the “highest-paid ever.”
FRISCO: It’s true that as the Dallas Cowboys experience greater success, the expensive cost of doing business with Dak Prescott will probably continue to rise.
Jerry Jones, the owner of the Cowboys, is overjoyed about it.
Jones recently stated, “I’m here like everybody else wanting him to be the MVP,” during the NFL owners meetings held in Dallas. “Winning the Super Bowl is our goal. Being that good at quarterback obviously gives us a better opportunity to win.
Additionally, falling under the heading of “obviously,” what if the quarterback is performing at that caliber and even approaches or wins the MVP and Super Bowl?
“Better” pay at the bargaining table will be demanded by teams with “better chances to win” on the field.
The majority of this is expected. The Cowboys had previously stated their intention to sign Prescott to a long-term contract extension, with a type of deadline being before the NFL financial year began in March 2024.
So why? Prescott, who signed a four-year, $160 million contract in 2021, will soon be entering the last year of the agreement, which now has an unsupportable $59 million cap hit in 2024.
Even in 2022, when Prescott threw an NFL-high 15 interceptions, it was always the intention to rework the agreement so the $59 million would never go over the cap.
Maintaining the status quo would not only allow Prescott to become a lame duck and leave Dallas for nothing after 2024, but the cap limits would also prevent the Cowboys from making any meaningful roster additions.
COO Stephen Jones recently stated, “He’s under contract now, but we’d like to do this after the season.” After the season ends, we’ll concentrate on that. We’ll use Dak as our quarterback.
At the moment, Prescott earns $40 million annually. It is evident that the new threshold is $50 million APY. or $55 million? or $60 million? once more, and Jerry Jones does not appear to be objecting to that, if only because of all the positive things that could happen to the 10-5 Cowboys and position Dak to become the highest-paid player in NFL history.
Jerry stated that while a lucrative new agreement was “inevitable,” “the idea of him not being our quarterback has not crossed my mind.”
We talk about that very “inevitability” below in the Fish Podcast and Fish Report, along with what Dallas intends to do with its two backup quarterbacks, Cooper Rush and Trey Lance.