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Why adjustment to Dak Prescott’s contract may be too late

March 19, 2024
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Phinsider Question Of The Day: Can They Afford To Keep Them All Edition

On Sunday, the Dallas Cowboys adjusted quarterback Dak Prescott’s contract to clear cap room.

Per ESPN’s Discipline Yates, the Cowboys transformed Prescott’s $5M roster bonus right into a signing bonus, creating $4M in cap area. Additionally they added two void years (2027 and 2028) to his deal.

Whereas Dallas has gained some monetary flexibility, it comes through the second week of free company. The franchise’s brass ought to’ve revised Prescott’s deal earlier than most of the high gamers out there have been taken off the board.

Spotrac estimates Dallas has $8.06M in cap room, which is not sufficient to make a splash in free company.

Prescott is coming into the ultimate yr of a four-year, $160M deal. Extending the three-time Professional Bowler might save $26.23M. In response to Calvin Watkins of The Dallas Morning Information, Cowboys officers have stated they wish to do this, however have not supplied a concrete timeline.

Per Bleacher Report’s Jordan Schultz, Prescott — who has a 2-5 report within the playoffs — needs a deal that pays him $60M per yr, which might make him the highest-paid participant within the league. 

Dallas might use one of many void years on his deal to avoid wasting $18.53M if it modifications its thoughts and thinks that is an overpay.

Final week, the Cowboys signed former Professional Bowl linebacker Eric Kendricks to a one-year deal, their solely addition to date in free company. Tony Pollard (Tennessee Titans) and offensive deal with Tyron Smith (New York Jets) — former Cowboys standouts — have already left in free company.

The Cowboys might nonetheless re-sign cornerback Stephon Gilmore — who had 13 passes defended in 17 video games final season — however they have to make extra strikes to extend their Tremendous Bowl probabilities. That is troublesome when a number of free brokers have already signed elsewhere.

Dallas should not have waited to restructure Prescott’s contract. It is one cause the crew was inactive through the first wave of free company, stopping it from making important enhancements and ensuing within the departure of key gamers. 



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