As the 2024 NFL season approaches, negotiations over Dak Prescott’s contract extension with the Dallas Cowboys have intensified, capturing the attention of fans and analysts alike. With the season opener against the Cleveland Browns just weeks away on September 8, 2024, the Cowboys are eager to finalize Prescott’s deal to secure his future with the team.
Stephen Jones, the Cowboys’ executive vice president, has expressed the organization’s desire to wrap up the contract extension before the season begins. Despite the urgency, Prescott has remained focused on training camp, reassuring everyone that his commitment to the team is unwavering, even as contract talks continue.
Prescott’s contract situation, previously considered stable, is now under critical review, prompting a shift in expectations. Earlier this year, Cowboys owner Jerry Jones declared Prescott’s deal “locked and loaded,” but recent developments suggest otherwise. Alongside Prescott, wide receiver CeeDee Lamb is also in the midst of contract negotiations, adding further complexity to the situation.
One of the major hurdles is Prescott’s significant cap hit, projected at $55.1 million for the upcoming season, with potential financial repercussions lingering through 2025. As Prescott aims to become the highest-paid player in NFL history, seeking around $60 million annually, the Cowboys must carefully manage their financial strategy, especially with other key players like Lamb and Micah Parsons also seeking lucrative extensions.
The Cowboys’ financial standing, bolstered by their recent valuation of $10.32 billion as the first sports franchise to surpass $10 billion, plays a crucial role in these negotiations. Despite the challenges, Cowboys fans remain hopeful that the team will reach an agreement with Prescott before the season starts.
Prescott’s impressive performance last season, with over 4,500 passing yards and 36 touchdowns, underscores his importance to the team’s Super Bowl aspirations. As the deadline approaches, the pressure is on for both Prescott and the Cowboys to finalize a deal that will shape the future of the franchise. For now, fans are left waiting and hoping for positive news as the regular season draws near.
