Viewed by many as the best player available in free agency this year, the future of Dak Prescott has now been resolved. It’s good news for the legions of Dallas Cowboys fans.
Prescott has put pen to paper on a four-year contract with the Cowboys, which could be worth $160 million over the duration of the contract. $126 million of that is guaranteed.
Cowboys are giving Dak Prescott a four-year, $160 million deal, including a record $126 million guaranteed, source tells ESPN.
The first three years average $42 million per year.
— Adam Schefter (@AdamSchefter) March 8, 2021
It is a considerable investment from Jerry Jones’ team especially when you take into consideration that Tony Romo, the previous incumbent at quarterback at the franchise, earned $125 million across the entirety of his 12-year career with the Cowboys.
Criticism For Size Of Deal
It should be noted however that a number of comments on Twitter, some purportedly from Dallas Cowboys fans, have been critical of the deal. Essentially stating that the Cowboys have paid way too much to re-sign the signal caller.
This particular tongue-in-cheek comment seems to have struck a chord with many on Twitter, with some fans facetiously inserting their own choice of struggling team in the final sentence.
I’ve been a lifelong Cowboys fan since 2019 and I can say this is the most embarrassing moment of my life. I’m ashamed to be a fan right now so I’m turning in my fan card. Goodbye Dallas. I won’t miss you. I’ll be rooting for the Giants now since they can actually run a program.
— . (@AllenGotNext) March 8, 2021
However, Prescott is not alone in being a quarterback that hasn’t tasted real success post-season in the NFL that has been paid handsomely in recent times.
In particular, Carson Wentz and Jared Goff have been two names bandied about somewhat cruelly by fans pointing out that Prescott’s value in the market isn’t the only example of a team overpaying for a signal caller.
Whoa there. I think this is prob an overpay, especially before we see how he looks coming off that injury, but let’s not get crazy. Goff is trash who needs every detail to be perfect to be remotely successful. Dak can do stuff when plays break down, Goff just breaks down
— Dan (@watershedchron) March 9, 2021
Cowboys Avoid Too Big A Hit On Salary Cap
After a somewhat dismal 6-10 season in the NFC East, the Cowboys were in need of a rebuild and they did have around $25 million in cap space available before this deal was agreed.
However, rather than this figure taking a big hit, it is believed that Prescott re-signing on these new terms will help the Cowboys create additional salary cap space. This is because it would be less than the $37.7 million hit the Cowboys were on the hook for if they had franchise-tagged the player.
Furthermore, the deal is believed to actually be over six years, with the contract being voidable after four. This helps the Cowboys alleviate some of the salary cap pain they would take over a standard four-year deal.
Prescott’s re-signing comes hot on the heels of the Cowboys having agreed new long-term deals with four other key players in the team. Right tackle La’El Collins, Defensive end DeMarcus Lawrence, Running Back Ezekiel Elliot and Wide Receiver Amari Cooper.
Little wonder then that many fans are psyched heading into Free Agency and towards the 2021 NFL Draft, where the Cowboys will pick 10th.
Does Prescott’s Signing Change The Cowboys Draft Plans?
In a draft class that could see as many as four, possibly even five quarterbacks selected in the top ten, the truth of the matter is that Prescott’s new deal means the Cowboys head into the draft in a much clearer position.
The need for his immediate replacement is now gone, which means that Dallas can target other areas of the team for strengthening in the draft and also free agency.
A number of mock drafts have the Cowboys picking up a cornerback. Virginia Tech star Caleb Farley or Alabama’s Patrick Surtain II have been two names linked with selection by the Cowboys. Other drafts have seen the Cowboys strengthen their linebackers with a move for Penn State’s Micah Parsons.
One thing is clear, the experts feel that the Cowboys, having resolved Prescott’s contract situation, now need to focus on their defensive unit if they are going to improve on that poor 6-10 season they not long experienced.
With that in mind, and with many teams ahead of the Cowboys seemingly set to draft offensive players, it could well be that the Cowboys can land one of the very best defensive players in the draft at that 10th spot, and that seems to fall just right for Jerry Jones’ team.
Prescott Signing Shortens Cowboys Odds On Winning NFC East
The news that Prescott has re-signed with the Cowboys has seen Dallas become the +100 favourites to win the NFC East next season with DraftKings Sportsbook.
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The Washington Football Team are next at +350, the Philadelphia Eagles +400 and the New York Giants +450. Those odds symptomatic of a league that was low on quality across all four teams last season, which made it a relatively close contest.
Fans of all franchises in the NFC East will be hoping that next season will be markedly better.
And Prescott’s new deal should make that considerably more likely for the Dallas Cowboys.