The Dallas Cowboys and quarterback Dak Prescott were unable to agree on a long-term deal before Wednesday, 4:00 p.m. ET, according to the NFL Network, so franchisees could enter into multi-year contracts.
Prescott, who signed a one-year call for $ 31.4 million with the Cowboys in June, won’t be able to sign a multi-year contract until the end of the regular season on January 3, 2021, because players with franchise tags are prohibited from renewing renewals .
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The NFL network also reported that the two sides were working on a deal until the last minute, but it was just too late. Prescott’s offerings ranged from $ 33 to $ 35 million annually, with $ 110 million guaranteed and $ 70 million owed in the first two years of the contract. The network also announced a $ 50 million signing bonus.
The offensive rookie of 2016 hasn’t lost a season since taking the reins off Tony Romo before the 2016 season started. Since then, he has collected 15,778 passes, 97 touchdown passes and 36 interceptions.
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During the 2019 season, Prescott threw the best 4,902 yards of his career with 30 touchdown passes and just 11 interceptions. However, the Cowboys stuttered during the season, ending with an 8-8 record and missing an NFC East title.
The Cowboys signed veteran Andy Dalton with a one-year, $ 7 million contract as Prescott’s backup this off-season.