This offseason, the Dallas Cowboys and quarterback Dak Prescott will have a significant contract issue to figure out. There was a lot of discussion over a potential extension following this. Jerry Jones, the owner of the Cowboys, has clarified this matter further, though. Continue reading to learn more.
Ian Rapoport of the NFL Network reports that a deal does not appear to be imminent. According to Rapoport, Jones and the Cowboys have a “mutual understanding” of the terms of the contract. Jones did not, however, imply that they will now come to an agreement:
What is Dak Prescott’s current contract situation? Well, his contract is still in effect for another year. His basic compensation alone is expected to exceed $29 million.
What appears to be the issue, though, is the salary the Cowboys must give him beyond 2024. According to earlier rumors, Dallas could need to pay Prescott about $60 million annually in order to secure his long-term contract. The Cowboys may want more time to consider if Prescott is worth that much money, as this report suggests.