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Report: Cowboys, Prescott Preparing for Massive Extension?

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After months of ongoing contract negotiations, the Dallas Cowboys and QB Dak Prescott could be nearing an extension. On Tuesday, Pro Football Talk analyst Chris Simms released new information regarding the quarterback’s future.

(Prescott) wants a four-year deal. If they do agree to a five-year deal they would like a really big number at the end of that fifth year to cover their butts for what the market might be at the position five years from now. And I’ve heard he’s asking for somewhere like north of $45 million in that fifth year.”

In total, the Cowboys could be looking at a five-year extension worth over $175M. If the extension is agreed upon, it would be $25M more than Atlanta Falcons’ quarterback Matt Ryan; the highest-paid signal caller based on total value.

If the Cowboys and Prescott cannot agree to an extension before July 15th, Prescott will be forced to play the 2020 season under the franchise tag.

With a career regular season record of 40-24, Prescott has been a fundamental part of the Cowboys’ success. However, that has yet to translate in the postseason. In total, Dallas is 1-2 in the playoffs when Prescott is under center.

This offer comes at an interesting time, as the future of the cap space situation in the NFL is always evolving. Will $45M in the 2025 season seem like a steep price, or will several quarterbacks hurdle past that total during their respective contract negotiations?

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