Jerry Jones and the Dallas Cowboys may need to buy a fleet of Brinks trucks to deliver quarterback Dak Prescott’s latest contract extension after the Miami Dolphins and Green Bay Packers signed Tua Tagovailoa and Jordan Love, respectively, to historic deals last week.
Prescott, 31, is currently slated to play out the final year of a four-year deal worth $160 million, as Jones and the Cowboys sat idly by this offseason as Jared Goff, Trevor Lawrence, Tagovailoa, and Love in succession signed contracts that reset the market at the most expensive — and most important position in the NFL.
Here’s a breakdown of the four contracts signed above, as Prescott awaits a possible extension from the Cowboys or the chance to cash in as an unrestricted free agent this fall:
Jared Goff, Detroit Lions: Four years, $212 Million, $170 Million Guaranteed
Trevor Lawrence, Jacksonville Jaguars: Five Years, $275 Million, $142 Million Guaranteed at Signing
Tua Tagovailoa, Miami Dolphins: Five Years, $235.2 Million, $167 Million Guaranteed
Jordan Love, Green Bay Packers: Four Years, $220 Million, $160 Million Guaranteed
Given Prescott’s production, longevity, and despite having yet to advance beyond the NFC Divisional playoffs, he could be primed to completely reset the quarterback market.
NFL Agent Projects Dak Prescott’s Value
In an era where Patrick Mahomes’ ten-year contract worth $450 million seems like a distant memory and even further removed benchmark for quarterback deals, one agent suggests Prescott could potentially dwarf the contracts signed by lesser-accomplished signal callers in recent months.
“He is much more proven and accomplished than the quarterbacks you’re seeing signed this offseason,” a prominent NFL agent told me recently. “I think he is at least worth somewhere between $57-60 million per season.”
There is always the possibility that Jones and the Cowboys allow Prescott to play out the final year of his current contract, but at least one league source tells me there is “no chance” that winds up being how this situation plays out.
The Cowboys could be best served to reach some sort of deal with Prescott before the season begins, because if Prescott leads Dallas on a lengthy postseason run and perhaps a Super Bowl appearance, Jones may need an extra Brinks Truck or two this offseason.
“You really have to wonder what a quarterback’s value is at this point,” a second agent familiar with the quarterback market told me. “In some form or fashion, this whole thing feels like next-man up.
“Neither Tua nor Love have the games or starts under their belts. But, because they were productive and it’s a quarterback-needy league, they got top-of-market deals.”
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