There’s some Dak Prescott chatter on social today media stemming from a recent Chris Simms radio appearance.
The Cowboys still haven’t reached an agreement with their franchise quarterback on a long-term deal, and he’s set to earn $31.5 million this season after Dallas used the exclusive franchise tag on him, then went out and signed Andy Dalton to be his backup.
“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 and reads our coverage is aware of this, as we’ve been reporting it for weeks. So we’re all “in the know.”
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.
Five years, $175 million, with $106 million guaranteed would make Prescott the NFL’s highest-paid quarterback, at least until Patrick Mahomes gets his big money deal. Tacking on the fifth year at $45 million is really just a difference of ten million over five years, so if the Cowboys are willing to do $35 million per, Dak is asking for what equates to $37 million per.
It really doesn’t seem like they’re that far apart. Who blinks first?