Cowboys sign Prescott to a 4 year contract
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NoDak
Hotlinking' sonofabitch
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Are you feeling ok?
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No shit. Who fucking stole our Booze?
Genghis Khan
The worst version of myself
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Shit. I thought that was going to format better.
Anyway, this shows how his contract breaks down each year. Actually really pretty decent. The cap% is the big deal in all this and is much more reasonable than I thought it would be.
Not sure what they base the cap % on but if the next TV deal skyrockets the cap as they're predicting, it'll be even more reasonable.
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Yeah the only thing I would say to that is that a 4 year contract 2 years ago would almost be up. So a 4 year deal now is basically a 6 year deal 2 years ago. So yeah the price went up but 2 of the years on this contract are under a cap that will be significantly higher than those other deals.
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Current Contract
(UFA, signed 2021)
(
: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Bonus | Roster Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 28 | $9,000,000 | $13,200,000 | $0 | $9,000,000 | $22,200,000 | 10.7% | $95,000,000 | ($72,800,000) | |||
| 2022 | 29 | $20,000,000 | $13,200,000 | $0 | $20,000,000 | $33,200,000 | 14.6% | $72,800,000 | ($39,600,000) | |||
| 2023 | 30 | $31,000,000 | $13,200,000 | $0 | $0 | $44,200,000 | 18.3% | $39,600,000 | $4,600,000 | |||
| 2024 | 31 | $29,000,000 | $13,200,000 | $5,000,000 | $0 | $47,200,000 | 18.4% | $26,400,000 | $20,800,000 | |||
| 2025 | 32 | Void | $13,200,000 | Void | Void | $13,200,000 | -- | $13,200,000 | $0 | |||
| 2026 | 33 | Void | $0 | Void | Void | $0 | -- | $0 | $0 | |||
| Total | $89,000,000 | $66,000,000 | $5,000,000 | $29,000,000 | $160,000,000 |
Genghis Khan
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OTC's numbers are a little different but even still, massive jump is subjective.
I'm actually thrilled with 10 or 12% in year 1 and 14 or so % in year two. That's pretty reasonable for a good QB.
Even the dead cap money in the voidable years isn't bad, though I suspect it's designed to be extended (and since they can't tag him they'll have to extend him anyway).
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Yeah seems like this could have been done ages ago. This game of chicken Dallas loves to play accomplishes nothing. I wish someone would help them realize this.
Chocolate Lab
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Is there anyone here not that enthused?
I've always said this was the inevitable conclusion. Jerry isn't going to go without a good QB even if he has to overpay. It's what any decent NFL GM would do.
But it seems like it's unanimous here that we're good at QB now. Anyone here not a Dak believer? I'm not talking about the money so much as his ability to carry the team to playoff wins like the best QBs are expected to do.
I've always said this was the inevitable conclusion. Jerry isn't going to go without a good QB even if he has to overpay. It's what any decent NFL GM would do.
But it seems like it's unanimous here that we're good at QB now. Anyone here not a Dak believer? I'm not talking about the money so much as his ability to carry the team to playoff wins like the best QBs are expected to do.
Genghis Khan
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Props iamtdg. Much better.
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bbgun. He wanted some Sam Darnold.
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Dak Prescott, Cowboys agree on contract at deadline as Jerry Jones finally relents
By Bob Sturm Mar 8, 2021
Twenty-six months later and with tens of millions more dollars tacked on, we have a deal.
The Cowboys finally realized this situation was not going to fix itself and that the man across the table was not going to fall for this particular mind-trick.
If you wanted the signature, you would simply have to play ball like everyone else.
And Monday night, they did. Dak Prescott is signed to a deal that appears to be roughly four years at $160 million.
This, of course, represents a big win for the quarterback and Todd France, his representative. They had to basically spend all of 2019 and 2020 standing their ground amidst numerous bouts with the rhetoric of being a Cowboys QB and all of the financial opportunities that this must allow. Apparently, Stephen Jones and Jerry Jones had the idea that making a pitch to “take less money here” while sitting on a $300 million yacht in the Mediterranean didn’t seem silly to them. Also, apparently, it did seem silly to Prescott and France.
Like we always thought, this was not really about Dak not wanting to play in Dallas or not wanting to deal with the Joneses. This came down to one thing and one thing only.
An NFL QB of a certain quality and a certain age qualifies for the “going rate” deal — something we covered extensively in a January piece that basically laid out this scenario and explained why it was not about the two sides coming to a compromise. No, this would always be about the Cowboys compromising and deciding whether they wanted one of the top 10 QBs in the NFL or not. A simple and binary decision. Yes or no?
Because if the answer is yes, then we know exactly the going rate. Right above the deal Deshaun Watson signed in Houston in September 2020. Given he was the last quarterback to sign a mega-deal, then the next quarterback would work precisely off that deal. Very little would matter about the relative merits of Prescott versus Watson. It would come down to the question of whether you think your QB is worthy of the “going rate.” Do you think you have a top-10 QB who is of the proper age? Because if you do, the details are simple and insignificant. The massive ingredients suggest an answer of “yes or no.”
If yes, well, then we see where Watson left off at 4/$156m with a no-trade clause, build a slight inflation allowance and make a deal.
If no, then please understand that this disconnect will cause you to require a new quarterback and letting this one swim away.
There really is not a third option unless the quarterback who was underpaid for his first five seasons wished to continue down that path of always taking less to have the most scrutiny and criticism lobbed on him of any quarterback in the sport. He is the quarterback of the Dallas Cowboys and takes the heat for their 25-year drought. He wears that burden and also plays for the richest franchise in team sports in the entire world. And you think that he should take less to play for the richest franchise?
Who is the star player who took less to go to the Yankees? How about the star who went to the Lakers? Or Real Madrid, maybe?
Of course not. You play for the richest team and sit in the hottest seat so getting the going rate that the mighty Houston Texans pay their QB1 seems fair. Particularly for a player who hasn’t signed a big deal before.
It wasn’t that way in 2019. The Joneses let him twist. And while they were paying DeMarcus Lawrence and Ezekiel Elliott at the top of their positional groups each a multiyear deal that will keep them rich, they let him play for $2 million in his fourth season.
It also wasn’t that way in 2020. The Joneses let him twist. Amari Cooper got his top-of-the-group deal for $100 million. They put the tag on Prescott, because what is he going to do, hold out? Please. He won’t do that.
And he didn’t. He played his fifth year on the franchise tag knowing he could jeopardize his deal if he didn’t play well or suffered a huge injury.
So, after a horrific broken ankle and a truncated 2020 season for Prescott where the team quickly found out how well it played without him, we arrived right back at the scene for yet another run up the hill of trying to find a long-term deal before his sixth season.
And here, 26 months after he was first eligible for a deal and a few years after so many of his colleagues were rewarded with their deals, he finally got the win.
As I wrote in January:
Unless one side or the other moves, this only benefits one side — and it isn’t the side with the billions. This might be tough for the ownership of these teams to fully comprehend because they are used to dictating control in literally every category in their empire. But in this particular situation, there is an upset in the order of things. There are not enough quarterbacks to go around the NFL. Legendary QBs are playing their last downs, so everyone moves up in the pecking order if they have a proven track record. The owners’ efforts to suppress salary inflation at the QB position is as worthwhile as trying to hold back the tides.
As well as this:
The Cowboys are in a corner and have about 45 days to sort out their mess. Every option might now be on the table behind closed doors, and I suppose we shouldn’t be surprised if they actually let Dak get to free agency. Maybe their QB will do them a favor and take Russell Wilson’s deal from two years ago to get this done, but odds are he is annoyed enough that he wants to show them that this time, it is going to go the other way.
This all could have been avoided, and every fan of this franchise has every right to be upset. They should just hope the team avoids the worst-case scenario.
To the Cowboys’ credit, they did avoid the worst-case scenario despite losing this battle with their quarterback.
This was far from pretty and far from cheap. But the Cowboys signed a deal that accomplishes two major things:
1. Their quarterback is locked in before any time passes and the math changes again. The public does not know the new TV numbers that have been agreed upon with the networks that will send league revenues skyward again for the next decade with billions of more dollars on the pile, but Jerry knows. Jerry definitely knows the projections and everyone on the outside (including the QB and the agent) are guessing. Trust me, they got this deal done before the announcement to prevent any more leverage leaving their side. I promise you that within 12 months, Prescott’s AAV of $40 million will not be in the top five in the league, and it might take only six months. QB salaries and league revenues are linked, and $50 million a year is coming for a QB1.
2. It frees up significant money for 2021, and that is where the fifth and sixth voidable years will be valuable — even though they will be working on a new contract in 36 months if he is still doing his thing well. What that means is with a diminished cap, they probably just gave themselves $15 million to $17 million more in this lowered year from the $38 million for the franchise tag. That is massive, and on a percentage basis, the Cowboys might have nearly 10 percent of their total cap back to play in free agency when many teams are tapped out.
The deal will make things plenty difficult moving forward for the cap crew and the front office, but this is the NFL. It is always difficult. You are going to hear that “you cannot build a team around a QB who makes that type of money,” and it will be hogwash. I wrote a long explanation last week about how that is silliness.
Bottom line: Dallas has its guy signed and now it can play in free agency. There is no doubt that the defense now needs the remaining resources to improve, and there appears to be a far more promising pile of resources than what they had at lunchtime Monday.
This is a good day for the Dallas Cowboys. There are no guarantees of Super Bowls. But with a 27-year-old QB1 locked in and ready to prove himself, they are in range to consider themselves in the mix for the next several years to build a real contender.
Mike McCarthy must be relieved. The Cowboys went to another deadline and finally got their deal done.
The market goes one way at this position, and that lesson has been learned over the past 26 months.
By Bob Sturm Mar 8, 2021
Twenty-six months later and with tens of millions more dollars tacked on, we have a deal.
The Cowboys finally realized this situation was not going to fix itself and that the man across the table was not going to fall for this particular mind-trick.
If you wanted the signature, you would simply have to play ball like everyone else.
And Monday night, they did. Dak Prescott is signed to a deal that appears to be roughly four years at $160 million.
This, of course, represents a big win for the quarterback and Todd France, his representative. They had to basically spend all of 2019 and 2020 standing their ground amidst numerous bouts with the rhetoric of being a Cowboys QB and all of the financial opportunities that this must allow. Apparently, Stephen Jones and Jerry Jones had the idea that making a pitch to “take less money here” while sitting on a $300 million yacht in the Mediterranean didn’t seem silly to them. Also, apparently, it did seem silly to Prescott and France.
Like we always thought, this was not really about Dak not wanting to play in Dallas or not wanting to deal with the Joneses. This came down to one thing and one thing only.
An NFL QB of a certain quality and a certain age qualifies for the “going rate” deal — something we covered extensively in a January piece that basically laid out this scenario and explained why it was not about the two sides coming to a compromise. No, this would always be about the Cowboys compromising and deciding whether they wanted one of the top 10 QBs in the NFL or not. A simple and binary decision. Yes or no?
Because if the answer is yes, then we know exactly the going rate. Right above the deal Deshaun Watson signed in Houston in September 2020. Given he was the last quarterback to sign a mega-deal, then the next quarterback would work precisely off that deal. Very little would matter about the relative merits of Prescott versus Watson. It would come down to the question of whether you think your QB is worthy of the “going rate.” Do you think you have a top-10 QB who is of the proper age? Because if you do, the details are simple and insignificant. The massive ingredients suggest an answer of “yes or no.”
If yes, well, then we see where Watson left off at 4/$156m with a no-trade clause, build a slight inflation allowance and make a deal.
If no, then please understand that this disconnect will cause you to require a new quarterback and letting this one swim away.
There really is not a third option unless the quarterback who was underpaid for his first five seasons wished to continue down that path of always taking less to have the most scrutiny and criticism lobbed on him of any quarterback in the sport. He is the quarterback of the Dallas Cowboys and takes the heat for their 25-year drought. He wears that burden and also plays for the richest franchise in team sports in the entire world. And you think that he should take less to play for the richest franchise?
Who is the star player who took less to go to the Yankees? How about the star who went to the Lakers? Or Real Madrid, maybe?
Of course not. You play for the richest team and sit in the hottest seat so getting the going rate that the mighty Houston Texans pay their QB1 seems fair. Particularly for a player who hasn’t signed a big deal before.
It wasn’t that way in 2019. The Joneses let him twist. And while they were paying DeMarcus Lawrence and Ezekiel Elliott at the top of their positional groups each a multiyear deal that will keep them rich, they let him play for $2 million in his fourth season.
It also wasn’t that way in 2020. The Joneses let him twist. Amari Cooper got his top-of-the-group deal for $100 million. They put the tag on Prescott, because what is he going to do, hold out? Please. He won’t do that.
And he didn’t. He played his fifth year on the franchise tag knowing he could jeopardize his deal if he didn’t play well or suffered a huge injury.
So, after a horrific broken ankle and a truncated 2020 season for Prescott where the team quickly found out how well it played without him, we arrived right back at the scene for yet another run up the hill of trying to find a long-term deal before his sixth season.
And here, 26 months after he was first eligible for a deal and a few years after so many of his colleagues were rewarded with their deals, he finally got the win.
As I wrote in January:
Unless one side or the other moves, this only benefits one side — and it isn’t the side with the billions. This might be tough for the ownership of these teams to fully comprehend because they are used to dictating control in literally every category in their empire. But in this particular situation, there is an upset in the order of things. There are not enough quarterbacks to go around the NFL. Legendary QBs are playing their last downs, so everyone moves up in the pecking order if they have a proven track record. The owners’ efforts to suppress salary inflation at the QB position is as worthwhile as trying to hold back the tides.
As well as this:
The Cowboys are in a corner and have about 45 days to sort out their mess. Every option might now be on the table behind closed doors, and I suppose we shouldn’t be surprised if they actually let Dak get to free agency. Maybe their QB will do them a favor and take Russell Wilson’s deal from two years ago to get this done, but odds are he is annoyed enough that he wants to show them that this time, it is going to go the other way.
This all could have been avoided, and every fan of this franchise has every right to be upset. They should just hope the team avoids the worst-case scenario.
To the Cowboys’ credit, they did avoid the worst-case scenario despite losing this battle with their quarterback.
This was far from pretty and far from cheap. But the Cowboys signed a deal that accomplishes two major things:
1. Their quarterback is locked in before any time passes and the math changes again. The public does not know the new TV numbers that have been agreed upon with the networks that will send league revenues skyward again for the next decade with billions of more dollars on the pile, but Jerry knows. Jerry definitely knows the projections and everyone on the outside (including the QB and the agent) are guessing. Trust me, they got this deal done before the announcement to prevent any more leverage leaving their side. I promise you that within 12 months, Prescott’s AAV of $40 million will not be in the top five in the league, and it might take only six months. QB salaries and league revenues are linked, and $50 million a year is coming for a QB1.
2. It frees up significant money for 2021, and that is where the fifth and sixth voidable years will be valuable — even though they will be working on a new contract in 36 months if he is still doing his thing well. What that means is with a diminished cap, they probably just gave themselves $15 million to $17 million more in this lowered year from the $38 million for the franchise tag. That is massive, and on a percentage basis, the Cowboys might have nearly 10 percent of their total cap back to play in free agency when many teams are tapped out.
The deal will make things plenty difficult moving forward for the cap crew and the front office, but this is the NFL. It is always difficult. You are going to hear that “you cannot build a team around a QB who makes that type of money,” and it will be hogwash. I wrote a long explanation last week about how that is silliness.
Bottom line: Dallas has its guy signed and now it can play in free agency. There is no doubt that the defense now needs the remaining resources to improve, and there appears to be a far more promising pile of resources than what they had at lunchtime Monday.
This is a good day for the Dallas Cowboys. There are no guarantees of Super Bowls. But with a 27-year-old QB1 locked in and ready to prove himself, they are in range to consider themselves in the mix for the next several years to build a real contender.
Mike McCarthy must be relieved. The Cowboys went to another deadline and finally got their deal done.
The market goes one way at this position, and that lesson has been learned over the past 26 months.
Genghis Khan
The worst version of myself
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They paid 160 million dollars for a QB with a prosthetic leg!
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I tried to signal you that I was kidnapped and you both failed me.No shit. Who fucking stole our Booze?
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That's not a prosthetic. I know a prosthetic when I see one.
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Maybe we were okay with you being kidnapped?
