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By Mike Sando Jul 29, 2019
The Dallas Cowboys appear poised to reward quarterback Dak Prescott with a fat contract extension sometime soon. The finer points of a deal cannot be known yet, but Prescott could realistically land among the NFL’s 10 highest-paid quarterbacks, perhaps with a deal similar to the one Carson Wentz signed with Philadelphia.
Prescott, 25, has exceeded even the Cowboys’ expectations for him, but with 55 coaches and execs in my 2019 Quarterback Tiers survey slotting Prescott 17th overall — he’s the third quarterback in Tier 3 — there is a compelling analysis to be done.
Using six years of QB Tiers results, I’ve stacked the highest-paid Tier 3 quarterbacks to see how their teams fared. Have teams succeeded while paying top-tier money to lower-tier quarterbacks? I’ve also researched highly paid quarterbacks from Tier 2, mindful that 16 Tiers voters placed Prescott in the second tier this year. The results set some early expectations for the Cowboys once Prescott becomes a paid man.
First, the bad news
No Tier 3 quarterback has reached the playoffs while signed to one of the NFL’s 10 richest contracts, as measured by average per year (APY).
Quarterbacks achieved Tier 3 status 59 times from 2014 through 2018. In eight of those cases, the Tier 3 quarterbacks also ranked among the NFL’s top 10 in APY. These quarterbacks’ combined starting record was 54-54-1 in those seasons.
“I feel bad for them,” a veteran coach said of the Cowboys, “because if they pay him $30 million a year or whatever, the expectation becomes so high, and I don’t think it makes you a better player.”
The table below shows the eight cases from 2014-18 of Tier 3 quarterbacks ranking among the top 10 in APY. Quarterbacks are ordered by winning percentage. Not included: Derek Carr, Jimmy Garoppolo and Kirk Cousins, who are in that category for 2019.
Tier 3 QB | Yr | APY Rank | W-L |
Alex Smith | 2018 | 9th | 6-4 |
Joe Flacco | 2017 | 6th | 9-7 |
Alex Smith | 2014 | 10th | 8-7 |
Kirk Cousins | 2018 | 3rd | 8-7-1 |
Joe Flacco | 2018 | 10th | 4-5 |
Carson Palmer | 2017 | 10th | 3-4 |
Ryan Tannehill | 2015 | 10th | 6-10 |
Jay Cutler | 2014 | 7th | 5-10 |
Now, the not-as-bad news
Prescott could be better than those Tier 3 quarterbacks listed above. Let’s assume, for the sake of this exercise, that Prescott is actually closer to a Tier 2 quarterback. It’s not such a stretch. Prescott was near the top of Tier 3 this year, only two spots behind Cam Newton. He put up Tier 2 numbers after Amari Cooper’s arrival.
Highly paid Tier 2 quarterbacks own a slightly worse regular-season record (216-220-2) than their highly paid Tier 3 counterparts, but some have gotten to the playoffs.
There were 29 instances of Tier 2 quarterbacks ranking among the top 10 in APY at the position from 2014-18 (Andrew Luck was the 30th case in 2017, but he did not play that season). Those quarterbacks reached the playoffs in eight of the 29 cases, posting a 7-8 postseason record that included Newton’s Super Bowl appearance.
The first eight listed in the table below are the ones who reached the playoffs, as denoted by the asterisks.
Tier 2 QB | Yr | APY Rank | W-L |
Cam Newton | 2015 | 6th | 15-1* |
Tony Romo | 2014 | 8th | 12-3* |
Matt Stafford | 2014 | 9th | 11-5* |
Eli Manning | 2016 | 7th | 11-5* |
Russell Wilson | 2016 | 8th | 10-5-1* |
Andrew Luck | 2018 | 8th | 10-6* |
Russell Wilson | 2015 | 2nd | 10-6* |
Joe Flacco | 2014 | 3rd | 10-6* |
Matt Stafford | 2017 | 1st | 9-7 |
Russell Wilson | 2017 | 8th | 9-7 |
Andrew Luck | 2016 | 1st | 8-7 |
Matt Ryan | 2015 | 7th | 8-8 |
Colin Kaepernick | 2014 | 6th | 8-8 |
Joe Flacco | 2016 | 3rd | 8-8 |
Matt Ryan | 2018 | 2nd | 7-9 |
Kirk Cousins | 2017 | 5th | 7-9 |
Drew Brees | 2016 | 2nd | 7-9 |
Cam Newton | 2016 | 10th | 6-8 |
Carson Palmer | 2016 | 7th | 6-8-1 |
Derek Carr | 2017 | 2nd | 6-9 |
Matt Stafford | 2018 | 5th | 6-10 |
Eli Manning | 2015 | 4th | 6-10 |
Matt Ryan | 2014 | 2nd | 6-10 |
Philip Rivers | 2016 | 9th | 5-11 |
Derek Carr | 2018 | 6th | 4-12 |
Philip Rivers | 2015 | 5th | 4-12 |
Eli Manning | 2017 | 10th | 3-12 |
Joe Flacco | 2015 | 8th | 3-7 |
Jimmy Garoppolo | 2018 | 4th | 1-2 |
Do Tier 3 QBs ascend?
As the Cowboys prepare to make Prescott one of the highest-paid quarterbacks, they are essentially betting he’s a Tier 2 quarterback or will become one. That leads to a natural question: Do quarterbacks ascend from the third tier into higher tiers? They sometimes do, but usually only for a short time before falling back into Tier 3.
Newton provides the most hope, but the comparison is not perfect. He jumped from Tier 3 in 2014, the first year of the QB Tiers survey, before posting four consecutive years in the second tier. That four-year run included a Super Bowl appearance. Newton slipped into the third tier this year by the slimmest of margins, largely because of injury concerns.
The other quarterbacks who jumped from the third tier into the second had a harder time sustaining their newfound status:
- Andy Dalton, Cincinnati Bengals: After placing in Tier 3 for the 2014 and 2015 polls, Dalton sneaked into Tier 2 following a highly productive 2015 season that saw Cincinnati field a roster stacked along the offensive line and at the skill positions. Dalton settled back into Tier 3 in the 2017, 2018 and 2019 QB Tiers surveys.
- Carson Palmer, Arizona Cardinals: Palmer’s trajectory mirrored Dalton’s as he jumped into the second tier following an exceptional 2015 season. Palmer then slipped back into the third tier.
- Derek Carr, Oakland Raiders: Carr polled in the third tier for 2015 and 2016, then jumped into the second tier for 2017 and 2018. He was back in the third tier this summer.
- Kirk Cousins, Washington Redskins and Minnesota Vikings: Cousins has hovered near the border between the second and third tiers. He made it into the bottom of the second tier for the 2017 survey.
Closing thoughts on Prescott
As the 2018 season wound down, I asked a salary-cap analyst how much he’d pay Prescott if the choice was his. This analyst said he would offer $15 million to $18 million a year, and then trade Prescott if the quarterback balked at such a relatively modest number. He called Prescott great for the Cowboys, but only at a low price. He did not think the Cowboys could realistically win a Super Bowl with Prescott as a highly paid starter.
This analyst projected at the time that Dallas could sign someone such as Nick Foles or Joe Flacco in free agency. Those quarterbacks are earning $22 million to $23 million a year. Both were below Prescott in QB Tiers balloting. All three are in the third tier.
“People always believe you should never guarantee money to anybody, never pay anybody, always collect draft picks and have optionality every year,” a different team exec said. “It is an unbelievable philosophy and I could not agree more, except it is not realistic. At some point, you have to commit to players. At some point, your locker room looks at you and says, ‘Hey, how do you treat people? What do you do? What is right?’ There is a culture, and it depends on how you build your team.”
The Washington Redskins faced a somewhat similar quarterback dilemma in recent years. They resisted paying Cousins near the top of the market. Cousins was, and still is, a low-Tier 2 or high-Tier 3 quarterback, like Prescott. He landed in Minnesota on a deal averaging $28 million a year, which was the third-highest APY in 2018.
“People crushed the Redskins for the way they handled Kirk Cousins and now people think Kirk Cousins is no good and you should never pay him,” the exec said. “You can’t have it both ways.”
The salary cap analyst referenced earlier was among those who thought Washington was smart for letting Cousins walk instead of paying him at such a high level. The Cowboys have made it clear that Prescott is their guy. Less clear: How big Dallas can win with Prescott earning Tier 1 money as a Tier 2-3 quarterback.