By Saransh Sharma, Pranav Thiriveedhi, and Rohan Krishnan
The Dak Prescott contract conundrum is something that I feel has been talked about for ages, and with the Coronavirus pandemic also going on, it feels like this story is only getting dragged out more and more. There are so many different contract offers being thrown around and so many different perspectives on the deal, but we are here to get you guys situated and all caught up on the latest on the Dak Prescott situation and our predictions, from everyone’s point of view.
The Dallas Cowboys’ Perspective by Rohan Krishnan:
Dak Prescott and the Dallas Cowboys have been in talks for a long term contract for a while now, so what is taking so long? The problem is that the front office and Dak both have different contract numbers they are looking at. Dallas is definitely willing to make Prescott the highest paid quarterback in the league, but they want more years. Also, a recent interview with COO Stephen Jones told us that Dallas wants to make sure their salary cap is divided up in a way that helps Dallas win. “There’s all sorts of analytics out there that show if your quarterback takes up too big a percentage of your salary cap, that it decreases your chances to win. We’re just trying to figure out the right fit”, Jones said recently. The Cowboys want $35 million per year for 5 years, and Dak will do $37 million per year for 5 years according to a recent report from Mike Fisher, as he wants $45M in the fifth year because he believes that with the inflated market then, that is what he will be worth. That being said, he is only going to be 31 when the contract is over, so he will get another big contract yet again, and that seems solvable for both sides. Prediction: I believe that Prescott will stay a Cowboy and sign a long-term deal before the start of the 2020 NFL season.
Dak’s Perspective by Pranav Thiriveedhi
As previously mentioned, Dak Prescott and the Dallas Cowboys have been negotiating for a while about the contract that Dak receives and how much he will get paid. Initially, Dak Prescott, who thinks he is one of the best quarterbacks in the league and a leading part of one the best NFL offenses, asked Dallas to pay him a lot of money for him to stay a Cowboy. From Dak’s perspective, he in some way deserves this money, based on the production he has stirred up for the Cowboys in the last few years. In the last season, Dak Prescott has thrown for a whopping 4,902 yards, along with 30 touchdowns and 11 interceptions. Even though the Cowboys missed the playoffs in a grudge match that is the NFC East, it can be very believable to see that the Dallas Cowboys will perform exceptionally with Prescott as the leading horse in the years to come. After a lot of time, the Cowboys matched his ask and offered him a 5 year, $175 Million contract, that comes to around $35 Million a year. This contract would make Dak Prescott the most paid QB in the entire league. Mike Fisher reported that Dak Prescott only wanted to be under this contract for 4 years, and this makes sense for Dak. The league is changing and players are playing under bigger contracts that last shorter amounts of time and Dak believes this should pertain to him as well. Dak Prescott and his team took this offer into thought and came back saying that if he came back for his 5th year he would need to be paid $45 Million! Obviously from Dak Prescott’s perspective, this is something he really wants and is adamant about, but in the end this money is coming from the Cowboys. Prediction: So after Dak plays all his cards and runs out, I predict that before the start of the 2020 NFL season, the Cowboys and Dak Prescott will sign a 5-year deal, but the money will be on the Cowboys terms.
The NFL’s Perspective by Saransh Sharma
The Coronavirus pandemic is going to take a hit on the NFL in terms of money, as no fans will mean they are losing all of that revenue they would have made from those people, especially season-ticket and VIP/box seat holders. Teams will need to be compensated and therefore that could lead to a salary cap reduction. But what does this have to do with Dak Prescott? Well, if there is a sense that the NFL will indeed lower the salary cap, after this season, then even paying Prescott the 4-year, $140M deal ($35M/year) would be too much, because Prescott would take up such a huge chunk of the cap space, and they just signed Amari Cooper for $22M/year, and Ezekiel Elliott is on a $15M/year deal. Over the next few years, guys like Leighton Vander Esch, Demarcus Lawrence, and Michael Gallup will all be up for extensions, and if Dak is on a long 4-5 year contract eating up lots of cap space, the Cowboys might not even be able to bring back one of those players mentioned. Now, I understand that the cap will eventually increase to even higher than what it is right now, because at some point things will go back to normal and even get better after this pandemic, but because of how the Collective Bargaining Agreement (CBA) contract would work, this would probably last at least 3 seasons, which would not go through the entirety of Prescott’s contract. This is more of a hypothetical, but definitely something that Dallas is considering every time Prescott wants a higher number in terms of salary. Prediction: Prescott will take the 4-year deal at $140M ($35M/year), but 2-3 years in, there will be restructuring of the deal which will allow for the Cowboys to assess the market then, and allow for Dak to get paid his current market value (so he could get the $45M per year on his contract later). Either way, unless he gets traded, Dak is a Cowboy for Life.