Cowboys Contracts: 'Dak Wants $45M For 5th Year' - And What That Means

Mike Fisher

FRISCO - As the latest rumor goes, unsigned QB Dak Prescott is "asking for somewhere like north of $45 million in that fifth year'' in order to finalize the long-term deal being offered him by the Dallas Cowboys.

That sounds ... incendiary. Depending on the details, it is actually nothing of the sort.

"From what I know of the situation, and I know from some people who are in the know that he's been offered five years, $175 million,'' NFL QB-turned-analyst Chris Simms told 105.3 The Fan's "K & C Masterpiece'' on Tuesday. "He 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.''

Let's bullet-point what Simms is saying here:

*I know from some people who are in the know that he's been offered five years, $175 million.'' - Respectfully, everyone who listens to The Fan or reads this space is "in the know'' on these numbers ... because we've been reporting them for weeks.

The way we keep writing it: "Five years at $35 million APY with more than $106 guaranteed.'' Now do the math: 5 x 35 is ... Yup. That's $175 million.

*"He wants a four-year deal.'' - We've also reported that. It is accurate, the reason being the shorter-term deal allows the player a quicker second bite of the contractual apple following the 2022 end of the existing TV contract with the league, at which point the salary cap - and stars' wages - will skyrocket.

*"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.'' - Viable, though it's worth noting that a) these contracts are usually constructed with an "escape hatch'' that would allow the team to dump the player late in the deal and that b) Dak would be only 31 entering the fifth season, and ideally there would be no reason to dump a "star QB.''

*"I've heard he's asking for somewhere like north of $45 million in that fifth year.'' - This is the tricky one, because it sounds like a flashpoint ... that may not be all that flashy at all.

Best-case scenario: The desire for $45 million in Year 5 can easily be accomplished within the framework of the existing offer. The Cowboys can say, "$45 mil in Year 5 is important to you? OK: Your salaries will be $25 mil + $35 mil + $35 mil + $35 mil + $45 mil.''

"Done. Sign here.''

You see, that adds up to the same "five years, $175 million'' that we're reporting is already on the table. And frankly, why would the player want it back-loaded? That part of Simms' information is confounding.

Unless ...

What Prescott agent Todd France is suggesting is this: Dak will take the four-year framework at $35 million ... and if Dallas wants the fifth year, the Cowboys must tack on $45 million more. Not "back-loaded.'' Not "in the fifth year'' but rather "as a reward, included in the overall deal, for doing the fifth year.''

Now do that math: 4 x $35 million = $140 million. Tack on another year and another $45 million = $185 million.

Meaning, in marrying Simms' rumor with our facts, Prescott is asking that a five-year agreement pay him $185 million.

Which equals $37 million a year. Which means the Cowboys (offering $35 million APY) are $2 mil per year away from an agreement.

The Cowboys have their "pie'' concerns, as COO Stephen Jones discussed with me here. But this five-year deal can be structured so Dallas stays out of too many "13.1-Percent Myth'' danger zones. And if they truly believe in the player, as they've established with both their five-year offer and their franchise tag offer of $31.409 million?

The Cowboys want five years at $35 mil per, and Dak will do five years at $37 mil per. That gap seems solvable.

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Comments (43)
No. 1-27
Debizrn
Debizrn

Let him go...yes he's good yet money seems more important to him

okie44
okie44

Agents are creating most of this nonsense. Owners are forced to pay these absurd requests, trying to win a championship, passing the rising costs on to us, the consumers. Look at the average NFL salaries compared to a teacher, doctor, engineer, policeman in 1970's and now compare them in 2020. Why are NFL agents being so greedy? I guess its because they can. This country loves their sports heros. The salary increases are not sustainable, it will eventually crumble due to the greed. Hello Rome.

Big Cowboy
Big Cowboy

I’m getting mad about this, and if I’m mad I feel pretty certain Jerry must be too. If memory serves, it seems to me there was a point somewhere along the way the Cowboys offer was right around a reported $33.5M/yr for 5 years. Everybody knows by now Dak wants 4 yrs. I must have read a dozen articles saying Jerry had to sweeten the deal if he expected Dak to accept a 5 yr deal. It wasn’t long before we heard about the $35M/yr offer. I thought, well there’s the sweetener; the enticement to get the Dak camp to go for the 5 yr deal. I felt like this would get Dak signed. Here’s my theory: the Dak camp said thank you very much for the $35M, but we still want 4 yrs!!!! If anything resembling that happened, I would imagine if you had a pound of nails you wanted bit in half, Jerry could have obliged. This would have amounted to not bargaining in good faith. We have just under 2 months until July 15 so I guess Dak’s agent thinks we’re in “crazy time”, just throw out crazy numbers and see if something something sticks.

IndyCarTim
IndyCarTim

It seems to me like the Cowboys should be closer on this deal at $185M total. Is the $10M difference really worth the trouble of possibly losing they guy that you perceive to be your franchise QB for the next 10 years? I can't tell if this is a "we don't have the money" thing or a "we don't wanna give it to you" thing...

Munozc80
Munozc80

The Cowboys are doing the right thing by franchising Prescott. Give him top money for a year to prove himself.... Honestly, is anyone on this thread ready to be stuck with the highest paid QB that can't win? Think about it Cowboy fans, I struggle with this everyday.

jda8600
jda8600

The only thing interesting about the Dak contract situation is watching how many paragraphs you can squeeze out of the same tired story.

Snickers160
Snickers160

If Dak plays this season with the franchise tag, after Mahomes gets his Mega Deal probably by the end of the 2020 season, and Watson gets his big deal from Houston, Jerry will be looking at the QB pay rate increasing by several million a year before next season anyway...

Justmyopinion67
Justmyopinion67

I've said it many times on Twitter, let Andy Dalton lead the way with this arsenal, Mike McCarthy at the helm,and a Nolan led defense we're deep in the playoffs, minimum. He's just as good if not better with this team.

pablotroll
pablotroll

i would go with dalton. dak has a family to feed but he aint worth anything close to that. use that money to fortify the roster.

RacerX383
RacerX383

How do you pay someone who just came off an 8-8 season and missed the playoffs. Earn the money first. Most of the highest paid QB's have something on the resume, let's not talk about Goff or Wentz. Paid to much to soon. Superbowl champion, MVP, Superbowl MVP, league MVP, something. Mahomes will get 40M. He earned it. When your surrounded by more weapons than most teams, your going to have league high stats, but read between the lines. Imagine what Romo would have done with these weapons. Prescott consistently throws behind his receivers or above them, putting them in situations to be injured. Go with Dalton. He took the Bengals...let me say that again... the Bengals, to the playoffs in 5 of his 9 seasons. What did he have for weapons??? Anyone, anyone???

Cowboys 4ever
Cowboys 4ever

For all you Dak haters. Come, July 15th, the ink will be dried on the a long term deal. I can't believe these so called Cowboys fans. We should be excited about the upcoming season. And wanting Dak to be successful just like Tony Romo.
Yet, we have bandwagon fans, who wants to find an excuse to replace a quarterback that replace a quarterback that didn't win anything. Danny White, who led the Cowboys organization to three NFC Championship games, should receive more credit than Romo. A lot of these so called Cowboys fans have been blinded by the Romo kool-aid. Dak a 4th round draft choice did not have the luxury, of sitting on the bench for almost 3 1/2 years to learn a trade. It took Romo, another six seasons, until, he had Coach Clapper offense under wraps (2011), when to get out of bad plays by audible. Dak, is still learning the position with OJT [On The Job Training], without the benefit of sitting on the wood to learn the game, like Romo, who still came up empty with all pro talent around him.

COWBOY PD
COWBOY PD

Let Dak go, he can't win big games when we need him to and 4,900 yards passing most of them came in garbage time, Start Andy Dalton.

Bitterdog
Bitterdog

let him play out the franchise tag. You have Andy Dalton sitting there

Whitehot
Whitehot

Dak wants big money to fit in with the other big QB's in the league, especially Goff and Wentz, who were over paid! I guess that's the way of the league. Dak does deserve more than Goff and Wentz, but I don't know the truth of how it factors into the budget. When you talk about him making Wilson and Brees money levels, then that becomes a fuzzy math situation. Are you telling me that down the road, we are going to have $50 million QB's? Where is the ceiling? Everyone one is already predicting $40+ million with Mahome and Watson...so is $45 million the next plateau after that $40 million level? It's mind boggling! Two million + per 16 games! Is any QB worth $3 million per game? I really don't know where it's taking the NFL, but at some point the money has to be too much, I guess!

Godzillamike
Godzillamike

Yeah, Cowboys have always been my favorite team, like forever. And trust me when I say Dak is the best QB in the NFC EAST. But I really gotta say his greed is gonna end up bringing down the whole team. If I were an offensive lineman I wouldn't want to block for his greedy ass..... oh hell no. SO I SAY CUT HIS FUCKIN' ASS AND PUT HIS CONTRACT OUT ON THE MARKET FOR A PENNY, AND SEE IF HE LIKES THAT.

RanCowDan
RanCowDan

Dak Prescott has played in 64 games in the NFL and out of those 64 he has passed for more than 300 yards only 13 times. 7 of those games were last year but the Cowboys only won 3 of those games and those wins were against Giants, Lions, and Redskins. He is reliable because he has not missed any games but that also has not given us the opportunity to see how another quarterback would perform with the talent the Cowboys have on offense. I think the Cowboys will be able to see that when Andy Dalton starts practicing with the team.

Kdd1234
Kdd1234

What everyone forgets is first n foremost it’s a business. That’s daks job is to try to get the highest salary possible. That’s what everyone does.

Kdd1234
Kdd1234

To me if anyone is being greedy it’s Jerry. He’s the one with the insane yacht lol.

Hazer
Hazer

Is there anything more annoying and insensitive during COVID-19 than to hear about Dak’s contract demands? If the Cowboys give him what he wants, he will never live up to the expectations and the team will not be able to add the talent beyond a handful of players to win Super Bowls.

Cowboys 4ever
Cowboys 4ever

Bloated and Blinded by the Romo kool-aid. Romo equals no Super Bowl rings period. Case closed

JAMROCKS
JAMROCKS

Rayne Dakota "Dak" Prescott is going to be a Cowboy fo Life so football fans hate him , love him , praise him or drink some mo HATERADE and get over it!!

Mistasteppa
Mistasteppa

I say pay him the 33.5mil for 4 yrs and 45 mil for the 5th year, that's 179 mil

CFD
CFD

I don’t understand the comments against Dak. When you’re a competitive and smart guy like him, why be any different in negotiating salary? Do you think the Jones family has been passive in acquiring what they have? The QB market goes up significantly each year because, true or not, the consensus is that it is THE most important position in football. And you can be at the top of your game at an older age than other positions. I agree that it’s crazy amounts of money, but few complain about the owners’ income or net worth. Context is everything. If you’re happy making less than your peers, great. Stop with the Dak blaming.

Footballfan55
Footballfan55

Most average over hyped quarterback in the league.

BigD24
BigD24

I agree Dak is the guy and I agree about the defense but there is one game in question from last year even with the no defense we had what happened to the offense in the Jets game well lousie coaching for one here's what I say Dak take the franchise tag for the one year ok then after we either win the Superbowl or we win playoff games and a few other contracts that are left are taken care of then Dak can go to Jerry and say you should have paid me what I was asking for cause now my price just went way up ok

WareD94
WareD94

Amen. Let him not sign the Franchise Tag and watch Andy Dalton use all those weapons surrounding him. I bet after one preseason game Dak signs that tag quicker than crap through a goose!

semyers228
semyers228

Considering Dak's selection in the 4th round of 2016's draft, and him starting that season as the starting quarterback, his win/loss record, seriously cheap price, I believe the Jones should give him what he wants - a 5th year at a high price. It would make up for the "peanuts" he played for the last 4 years.


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