Per Albert Breer:
The aforementioned cap numbers should give you a better look at how Dak Prescott has the Cowboys in a really tough spot. Not only is his franchise tag number a robust $37.691 million—Dallas is going to have to tag him Tuesday at the highest rate in the 29-year history of tags in the NFL—but the prospect that Prescott could simply sign his tender after it’s issued on Tuesday is enough to think about how it’d lead to a significant shakeup in Dallas. Right now the Cowboys, depending on where the cap lands, will probably have a little more than $20 million in room with which to operate. If Prescott inks his tag, that space will evaporate and Dallas will have to scramble to restructure, trade or cut guys to make the numbers work. And that’s with Prescott fully aware that by sitting still, he either gets $37.691 million this year and free agency in 2022 (at 28 years old), or $91.966 million over the next two years and free agency in 2023 (at 29). Bottom line, and as we’ve said before, and with the knowledge that he holds leverage created by that if-I-do-nothing scenario and the cap pickle he can put the Cowboys in, it’d make sense for Dallas to aggressively pursue a deal this week before the start of the league year. And the perfect olive branch, to me, would be to allow for negotiations to center on doing a four-year contract, with the length of the deal having been the hang-up in 2020 (Dallas wanted a longer deal then).