Report: Dak Prescott’s agent has “broached” $34 million per year

AP

With team-friendly deals like this, the Dallas Cowboys won’t need any enemies.

Quarterback Dak Prescott‘s agent, Todd France, has “broached” a deal in the range of $34 million per year, according to Clarence Hill of the Fort Worth Star-Telegram.

It’s unclear whether that’s an opener, a bottom-line position, or something in between. Presumably, it reflects the new-money average on an extension, and not the total value at signing.

Prescott’s fourth-round rookie deal complicates these talks, because he’s saddled with a below-market salary of $2.025 million in 2019, through no fault of his own. The Cowboys, however, won’t want to rip up the current deal and start over as if Prescott had finished his rookie contract, even if the Cowboys have enjoyed quite a bargain over the past three years.

Look at it this way: A $34 million new-money annual average on a four-year extension becomes for Prescott a five-year, $138 million contract. That gives the deal an average of $27.6 million at signing, putting Prescott only $100,000 per year ahead of 49ers quarterback Jimmy Garoppolo, who relative to Prescott hasn’t done much during Garoppolo’s time in the NFL.

That’s why the new-money analysis, used by the NFL Players Association to value contract extensions, should be ditched in favor of analyzing these contracts for what they are: Entirely new deals, written and executed from scratch.

Teams will still want credit for the remaining year(s) on the existing deal, and that’s fine. But Prescott will come off as unreasonable if the media and public regard his proposal as carrying a value of $34 million per year. Viewing the contract as falling between Garoppolo ($27.6 million per year at signing) and Kirk Cousins ($28 million per year at signing) seems much more reasonable, if not (wait for it) team-friendly.

Let’s say Prescott wanted $29 million per year on a five-year deal. Given the current market, that’s not a ridiculous request. But the five-year, $145 million deal would translate to a four-year, $143 million extension. That’s $35.75 million per year in new money, the richest contract extension in league history.

It’s unclear whether the Cowboys are anywhere close to Prescott’s ballpark, and it’s unknown whether Prescott would abandon what he wants once the Cowboys put their best offer on the table. But Prescott retains at all times the ability to follow the Cousins path, forcing the Cowboys to tag Prescott twice and becoming a free agent after six seasons, at the age of 28.

Eventually, an elite quarterback will play hardball, wanting more than the team will pay. And the elite quarterback will follow the trailed blazed by Cousins, a decidedly non-elite quarterback. That’s when we’ll find out what an elite quarterback on the right side of 30 can get on the open market.

Spoiler alert: It will be considerably more than any other quarterback has ever gotten.

129 responses to “Report: Dak Prescott’s agent has “broached” $34 million per year

  1. Unreal. This kid has done nothing, Zeke is what gets that team rolling, not this mediocre QB. Time to draft another and cut bait.

  2. Look, Dak is a SB champion! A well established guy that takes his team deep into the playoffs every year. I mean, who the heck would even entertain paying a guy who has never won anything so much money? You don’t see Matt Ryan, Matt Stafford, Kirk Cousins, or other bums making more money than Brady do you?

  3. Dak Prescott is one of the best QB’s in the league, and I’m not a Cowboys’ fan. He’s rock solid mentally and physically. He’s matured into a stud QB. His best years are in the future. He’s worth every bit of $34 million. I’d try to pay him less if I owned the team, but I’d get the deal done. Jimmy Garoppolo? Give me a break!

  4. If that’s the going rate and I’m the Cowboys, I’m DEFINITELY drafting a new QB instead of paying Dak, who’s solid, but average at best.

  5. He isn’t even worth half that amount. Put another way: Could you draft/sign another guy and get similar production? If the answer is yes, which in Dallas case the answer is yes, you don’t have a franchise QB worth 34 million dollars per year.

  6. Dak, Wentz and Cousins all are way overrated, No where close to elite, Above average but not elite. The Eagles will see their mistake this year when they watch Nick Foles in the playoffs. And the Eagles on their couches done for the year. Dak is solid but again not elite. Between him, Cooper and Elliot they will have a hard time fielding a team with those 3 contracts.

  7. As an Eagles fan I would love the Cowboys to pay Dak crazy money. Zeke is the key to that offense. If I were the Cowboys, I would draft a guy next year and move on from this guy. He has regressed since his rookie year.

  8. No way! Cowboys should just ride this out on his current salary and just go with the Kirk Cousins plan of one-year rentals. If he wins the super bowl, then pay him. Otherwise Cowboys must draft QBs every year from here on out. The whole point of having Dak is to have a bus driver so we can pay other players too. Time to find out what Cooper Rush can do this preseason because no way Dak is worth that at all I’m sorry.

  9. People who want the Cowboys to pay him need to remember it affects the entire league, including your team’s QB. Next time your QB gets a new deal, his pay will be influenced by what Dak gets. See how you like it then.

  10. If you are NOT a Dallas Cowboy fan you should not be saying anything NEGATIVE about this deal, You should actually let your action speak and that means just get on the floor and role around in laughter.

    Btw.. the dallas cowboys finish the yr rank 22nd in the League on offense, which also put them Rank 23rd in PASSING OFFENSE.

  11. Let him play out this year under his current contract and franchise him next year. No way they should pay him 30 million. I believe they get the next 2 years total under that.

  12. If you look at recent QB contract extensions, the market focuses on the “new money” AAV only, not the AAV when combined with existing years. QBs getting a brand new deal with no contract left get the same AAV as the new money AAV for a QB with cheap seasons left. Any attempt to claim that the overall AAV for a new deal “should” be the number looked at blatantly ignores precedence, and is a clear attempt to steer contracts in favor of players.

    As for Prescott himself, he had a TON of support around him as a rookie, but has supporting cast went downward rapidly, bottoming out in the first half of last season before Cooper arrived. Any attempt to claim that he has received a lot of help for his career overall is just ignorance or bias; his support has been roughly average, in total. And while he doesn’t have eye popping numbers, he does accent his passing stats with some nice rushing production (especially TDs) and, get this, has THE lowest interception rate of any QB in NFL history over his first three seasons in the league. Still far from elite, but also far from nothing. He’s probably a “good” QB, with potential to be very good or better.

  13. And sooner or later, a QB turning down a multi year deal to go Year to year on the tag will suffer a career ending injury…

  14. Jerry Jones should put $34 million in cash 15 yards away and tell Dak he can have it if he can hit it with a football.

  15. Dak, Wentz and Cousins all are way overrated, No where close to elite, Above average but not elite. The Eagles will see their mistake this year when they watch Nick Foles in the playoffs. And the Eagles on their couches done for the year. Dak is solid but again not elite. Between him, Cooper and Elliot they will have a hard time fielding a team with those 3 contracts
    ————–
    You’re wrong about Wentz’s ability. You can question his durability but IF he stays healthy he’s an MVP candidate all day long. No question!

  16. This sounds like Dak’s agent’s way of saying, “We’re not going to settle for anything less than what Wentz got plus-$1. Dak’s been on a team-friendly contract for his entire career. Time to ante up.”

  17. 3 years in the league and he’s average out to be the 17th best QB….34 mil per year is for elite QBs, and he’s no where close to being elite.

  18. good, the more money these below average QBs get the higher Mahomes contract is going to be and cap hell to the chiefs.

  19. If I extrapolate what he wants per performance, vs my job, I’m walking into the boss’ office next week with a quarter billion dollar proposal. Wish me luck…

  20. Had to come back because I forgot to say….34 mil for Dak…BWAHAHAHAHAHHAHAHAHAHHA….pause for a deep breath…ahahahahahhahahahahaha
    ahahahahahhahahahahahahahahahahahahahahahahahahahahhaahahahahahahahahahahahahahahah
    ahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

  21. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
    Check down Prescott😂😂😂😂😂😂😂😂😂😂

    When Zeke was gone he was one of the worst QBs in the league 😂😂😂😂😂

  22. Hey kcflake wait till mahomes comes off his rookie contract.

    ===
    That’s kind of what he’s getting at…KC though is already planning for Mahomes. They have extended a couple of other guys even just 1 year so their contracts aren’t up at the same time as Mahomes so they will have the money to pay him probably 40 million…which is still way to much for any player.

  23. If the Cowboys sign Dak for $34 million, it will make the Vikings deal with Cousins look good. It’s a rare day that the Vikings look good, a very rare day.

    If the Cowboys only had a real GM.

  24. Clearly this is a starting point, not matter how ridiculous. HOWEVER, this just show how deluded the agent is. I lived abroad in Morocco for about a year and used to haggle for prices every day. The general rule was if the seller started out way too high, he wasn’t worth the time, because he was being unreasonable and wouldn’t come near a fair price. Same goes for a mediocre product like Dak Prescott and his irrational agent.

  25. fafaflunky says:
    June 13, 2019 at 9:20 pm
    Hey kcflake wait till mahomes comes off his rookie contract.

    —————————

    Mahomes is going to make 34m look like chump change. The difference is, he’s worth every single dime. Dak, not so much.

  26. Charliecharger. Do you follow football? Dak is mediocre at best. Brady plays for 20m a year.. If he signs for 34m hes gonna break dallas.

  27. How to avoid overpaying an average quarterback. 1. Focus on building a great offensive line and running game. 2. Draft competition every year just like every other position. 3. Don’t be afraid to make a change.

  28. If I am the Cowboys GM, I say no way. You can walk. Where is he going to go? What team needs a QB? Tampa? Cincinnatti? If he is so good, he can get a job anywhere.

  29. “Eventually, an elite quarterback will play hardball, wanting more than the team will pay.”

    Eventually, he may become an elite quarterback. Today, he doesn’t have the leverage: never coming close to 4K, only once finishing a season with a passer rating above 100…Jerry would be a fool *at this moment in time* to offer more than 25M.

    Pay him when he becomes elite. That means this year is a “prove it” season.

  30. LoL Dallas gonna pay a non-elite qb that much? I love it! Hope he gets a 10 year deal so they can be avg for 10 more years. Romo still > Dak.

  31. I just broached 34M with my boss and I imagine he had a similar reaction to what Jerry should have to that number.

  32. Goodbye NFL in 10 years. Average QBs will be making $70m a year while running backs will be still fighting for $3m. This is out of control! It’s the beginning of the end.

  33. Some OTT comments on here -He’s not THAT bad! Certainly not worth $34M, but as we don’t know the numbers, let’s just wait and see. Personally, I think Dak’s worth more than Jimmy G who was definitely overpaid. I think more in the region of $24-25M. But we’ll see…

  34. LOL

    In a related story, Dak’s agent has also broached the subject of marrying Gisele Bundchen.

  35. The Cowboys offensive line is starting to suffer from injuries & retirement. That’s why Elliot & Prescot had such great #’s 3 years ago but not quite as good now. Who’s a better replacement or fit for their system? Nobody really. So he should get paid but to what extent? Would he be willing to change his contract to help the team even if it’s guaranteed? I doubt it. Kirk Cousins could’ve done that to help the Vikings & he hasn’t. All depends on the individuals selfishness & greed.

  36. “ he’s saddled with a below-market salary of $2.025 million in 2019, through no fault of his own.”
    How bout the DUI before the draft – was that not his fault either?

  37. Sure, just let’s just lie to ourselves. Might as way say the contract is for $1 per year!

    And the sky is green!

    Ridiculous

  38. That’s it? Why not give hime a 100 million? This salary nonsense has to peak, every year the next one wants more and more…they need to cap this craziness cause in the end the fans are the ones paying for it.

  39. goodlookingmonkey says:
    June 13, 2019 at 10:09 pm
    When Zeke was gone he was one of the worst QBs in the league
    ______________________________________________________________
    Actually they went 3 and 3 with Zeke gone, hardly the worst
    in the league. With Zeke there that year they were 5 and 4.

  40. So the NFLPA wants new money deals to drive salaries and bonuses higher and higher.
    Why? So they can increase dues of course!
    The end result is higher overhead for teams, which translates into higher prices for fans.
    But does anyone ever blame the NFLPA?
    No. No one ever does. It’s about time someone started criticizing what the NFLPA does and how it hurts both the game of football and its fans.
    Prescott is NOT worth $34 million per season.

  41. Wow. This would considerably lower people’s expectations as for what 34 mil buys these days.

  42. Dear Jerry, Please sign Dak long term and make him the highest paid QB.
    Signed,
    The Eagles, Giants, & Redskins

  43. If the Cowboys were smart, they would wait until mid season to get the deal done. Let Dak try to prove he is worth 30M+ a year. Play 6 or 7 weeks and everyone will know if he is worth it or not.

  44. slimglynn says:
    June 13, 2019 at 9:10 pm
    “Let him play out this year under his current contract and franchise him next year. No way they should pay him 30 million. I believe they get the next 2 years total under that”.

    Do the 51 posters who apparently agree with you know that the franchise tag would cost 25m in 2019 and much higher than that in in 2020. That value is added doectly to the CAP and can’t be spread out over many years. In other words it doesn’t work and Dallas would surely lose some very good players if the used the franchise tags.

  45. @Bob. Just Bob. says:
    June 13, 2019 at 9:07 pm
    People who want the Cowboys to pay him need to remember it affects the entire league, including your team’s QB. Next time your QB gets a new deal, his pay will be influenced by what Dak gets. See how you like it then.
    =============================================
    I will love it cause Wentz is already signed.

  46. Agent: OK Dak, we start at 34 mil and the franchise starts at 17 mil. Is 25 mil ok with you? I promise to get you more soup commercials and we can do some lemonade and cereal too.

  47. Clarence Hill is an idiot and never gets anything right about the Cowboys. Then everyone else in the media is so lazy they quote his articles. The man is useless and does no investigating other than what pops in his head. I can not for the life of me figure out why people quote him. Also tired of hearing about Wentz and 32 million a year. His last two years are his highest pay and it is still not 32. They did it that way because is sounds good and by then it will be considered very low if he has not already signed another extension. The media keeps saying it is huge and 32 million a year just for the drama. It actually averages only about 27 million a year is based on a bunch of incentives and is very team friendly. Wentz did them a favor with that contract.For the next two years his actual pay and cap hit is outside of the top 10 with QB’s. Below even Cousins and Jimmy G.

  48. Prescott isn’t worth 30 mil a year. 20 at best. If he wants more, he can go find it on the open market. That’s the stance I’d take if I were the Cowboys.

  49. venomraider says:
    June 13, 2019 at 8:37 pm
    He isn’t even worth half that amount. Put another way: Could you draft/sign another guy and get similar production? If the answer is yes, which in Dallas case the answer is yes, you don’t have a franchise QB worth 34 million dollars per year.
    —–
    If it were that easy to find a QB why did the Cowboys go years between Troy Aikman to find a stable QB? Look. I don’t think Dak is anywhere near elite. I don’t think he’s even a probowl QB. However he is a solid starter. He is not worth $34 million a year but at the same time he isn’t as easily replaceable as some of you are alluding.

  50. phillybilly 00 says:
    June 13, 2019 at 9:26 pm
    As an Iggles fan I say . . . Pay the man! :b

    ————

    What are you laughing about? Your team just broke the bank for SAM Bradford 1.02

  51. Eventually, an elite quarterback will play hardball, wanting more than the team will pay. And the elite quarterback will follow the trailed blazed by Cousins, a decidedly non-elite quarterback.
    ——————————————–
    Why don’t we wait for the elite quarterback. No sense in talking about it with middle of the road Dak and Dunk!

  52. If Dak gets more than $30M+ a year, the Cowboys will never be able to contend while paying a QB about $10M more than he’s worth.

    Let’s hope this happens!

  53. Will any team ever have the guts to stand firm with one of these QBs? Someday… but it ain’t gonna be Jerry. This team will get nothing but worse the next few seasons. Increase the salaries of a few guys tenfold, and lose talent elsewhere.

  54. Dak will get close to the $34 million per year of new money figure requested by his agent. Not because it reflects his value, it does not, he should be about $20 to $22 million; nor has he earned it by his first 3 years of play. He has stood on the shoulders of Zeke and an elite O-Line, but Zeke needs to get paid and is logging a lot of mileage early in his career – the O-Line is being depleted by age, injury and departure.

    The reason Dak will get paid is that he will benefit from Jerry Jones ego and hubris. Jones plays GM with the Cowboys like a 3 year old plays with blocks, he builds them up to just knock them back down and pretends to be a greek titan who controls his little made up world. The fact of the matter is that Jones has at best a mediocre draft track record and Dak represents the shining object that he plucked out of the fourth round. In his mind Dak if the very representation of Jones being smarter than all the other GMs and Owners in the NFL, so again it will be his hubris that leads to Dak being greatly over paid.

    Never mind the fact that Prescott had a late 2nd round or 3rd round projection before he was arrested a month or so before the draft. Never mind that it was Jerry Jones’ complete blind eye to any supposed character issues a player might have. Never mind that Dak is often times asked to do the least from a started QB because he has arguably the best RB not name Barkley in the NFL. It was in Jerry’s mind his and only his genius that led Dak to be his extraordinary fourth round value pick and Jerry’s ego and pride will expose him to overvaluing Prescott, and Dak’s agent understands this. So for those who suggest the agent should be drug tested or is crazy or blah blah blah, understand that in a negotiation it is of utmost importance to know your enemies weaknesses.

  55. Who would you rather have: Dak Prescott at 34MM or Russel Wilson at 35MM.

    I take RW.

    The Cowboys should counter at 18MM and meat in the middle and pay him 26. Even 28 is too much.

  56. $34 Mil for Dak?
    Unbelievable even with the escalating QB salaries.

    We are getting to the point where some team is going to say, Sorry that’s just too much and let a QB walk. There’s still a salary cap and these teams have to start weighing QB production vs. QB cap consumption.

    Wanting $34 Mil and ask yourself: If Dak was a free agent right now how many teams would sign him? / How many teams would sign him at $34 Mil?

    Teams are just too afraid to make tough decisions because of the off chance that a QB they draft and pay $3 Mil on a rookie deal or a veteran they sign for $10-15 Mil might be worse than Dak. The only issue is even if they are worse than Dak you’ve spent MILLIONS upgrading your team at other positions.

  57. Don’t see how the Cowboys can afford Prescott, Elliott, and Cooper. Prescott is due his money. He was underpaid on his rookie contract. Now, it’s time for the Cowboys, like every team in this situation, pay the going rate or get a cheaper QB. That’s the NFL not if the QB is elite or not.

  58. I think Dak is a good QB and a great leader. He’s been vastly under compensated relative to his peers based on his production, but let’s talk about the business side of things here.

    His current contract is 1 yr $2.025M. The franchise tag next year would be around $27M. A 2nd franchise tag would be around $35M. So, that puts us at 3 yrs for about $64M which is an average of around $21M/yr. That is what he should be paid and Stephen Jones and the Cowboys know this.

    Now, would playing the franchise tag game be somewhat risky and reflect negatively on the team from other players’ perspective? Probably. But business is business.

  59. I thought it was an April fool’s joke. Then I looked at.my calendar and saw it was June. 34 million. Hahaha. And the NFL wants more fans? They are losing fans by pricing the average, working stiff out of the fan base. I see NFL football being PPV and tickets averaging 1000 dollars in the near future. The networks won’t pay top dollar for something fewer people are tuning into. See nascar for an example of failure brought on by greed.

  60. I think that it is waaaaay premature to think that Dak will be paid 34 million a year. That is a starting number at best. Jerry is a smart business man and will definitely be negotiating that number down. They can still let Dak play under his current contract and see how the season goes and come back to the bargaining table again next year.

  61. Dak’s rookie year, which he is still trying to make bank off of, featured one of the greatest offensive lines in league history. I honestly believe at least 40 NFL qbs could have replicated or come close to his numbers that year behind that line.

    My point is, spend money on tackles. The best QB in the league can’t make plays from his back.

  62. No team has won the super bowl paying their qb more than 13% in cap space. Brady kept his salary down and look how the franchise thrived. Prescott clearly would prefer to get paid than win.

  63. For all of those that claim Dak is so bad and Wentz is so great let me throw this out there, in head to head stats Dak leds Wentz by a slim margain in passing stats and a by a WHOLE LOT in the rushing stats so either Dak isn’t nearly as bad as some people think or Wentz isn’t nearly as great! OR it’s a bit or both!

  64. Jerry’s thought bubble???? If I pay elite he’ll play elite, BRILLIANT!!!!!! I’m a genius with money.

  65. This player continues to underwhelm – can’t win a playoff game – is league middling in passing touchdowns and runs like a little girl when chased by men. This guy is not worth $34 for 10 years.

  66. HAHA! Where’s his leverage? RW had leverage in the form of 2 SB appearances, a World Championship ring, 2 NFC Titles, a top 2 all-time Passer Rating, an 8-5 playoff record and a Top-10 all-time win percentage leader.

    What’s Dak’s leverage? He’s 1-3 in the playoffs. Yay. You won a playoff game, pal. With a beastly OL, and the best RB in football.

    All that said – PLEASE, Dallas…Please do it.

  67. The current year shouldn’t be disregarded when figuring out the value of the new contract. Yes if he signs an extension then he gets paid more in the current year but currently he’s under contract for 1 year at about 2 million no matter how you want to look at it he is signed thru the yr. The fact is if his agent is looking for 34 million a year in new money it’s a bad deal. If Dallas has Dak play out his deal and then signs him after the season does anyone believe he is worth 34 million a year? The whole reason to do a deal now is to put some salary from future years into the current year but if your going to sign him after the year to a deal that averages 27 a year or you can sign him to a deal now that you pay him 23 million more this year and averages 27 the rest of the way why would you?

  68. Is Dak really worse than Kirk Cousins, David Carr, or Jimmy G? He will get paid 30+ million. In fact, he really isnt much worse than Matt Ryan.

    I think signing Wentz to Rodgers money when you still have a rookie deal year, an option year, plus using a tag is even crazier.

    People used to criticize Brees, but at least he would play his contract out before whining over getting more money. This is hilarious. Mediocre guys getting more than first ballot Hall of Famers ever even ask for.

  69. Haven’t seen a QB mentioned in the article that is worth anywhere near the numbers being thrown around. With a great line and running game, he has had a good record, decent passing stats (without great receivers), and has won a playoff game in this three years. But $34 million? What happens when they have win because of him (no dominant OL, no Zeke, etc)? Guess that is the $34 mil question, LOL. If they pay him that much, can’t keep Zeke past his rookie deal. Good luck.

  70. Honestly as much as I hate the Cowgirls, I hope they pay this game manager #34 mil a year.

  71. This is much ado about nothing, obviously Prescott’s agent is going to ask for more than he expects to get from the team, otherwise he’s not doing his job.

  72. Trade Dak. With what look like potentially ‘generational’ talent-level QBs coming out of college over the next 2 years (Tua, Lawrence, etc), I would make the bold move of trading Dak to a bad team for multiple first round picks. See if a weak team will take the bait.

  73. > I don’t think jerry Jones is ever that crazy.

    Jerry “Hold my beer and get me a pen…”

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