Dak Prescott to sign $31.4 million franchise tender with Dallas Cowboys: Reports

Dallas Cowboys quarterback Dak Prescott will reportedly sign exclusive franchise tender earliest by Monday. He is guaranteed to make a reported $31.4 million in upcoming season. Cowboys placed franchise tag on Dak Prescott on March 18.

Despite quarterback signing tender, reports also indicate Cowboys are yet to agree to a long-term contract with Prescott. However, once Prescott signs tender, he will be contractually obligated to report to training camp even if he fails to agree to such a deal with franchise.

Also Read | Cowboys Bypass 'hurtful Point' In Dak Prescott Contract Negotiations

Dak Prescott tender: QB to sign tender on Monday

With July 15 being NFL deadline to agree to a contract, Cowboys must have hoped y would have tied Dak Prescott down to a long-term deal without needing to use franchise tag. However, with  Dak Prescott tender soon to be signed, Cowboys will have 2020 season to negotiate with Prescott's representatives over a new deal. According to ESPN, Cowboys are desperate to thrash out a deal with Prescott, which favours franchise financially as well on field. 

Also Read | Dak Prescott Contract: Rejects Cowboys’ Mammoth Offer, NFL Team Deny Deal: Reports

If Cowboys are forced to place a franchise tag on Dak Prescott in 2021, as per NFL transitional tag framework, quarterback will make around $37.7 million, which could potentially rise as high as $45 million in following season. Dallas Cowboys owner Jerry Jones as well franchise hierarchy rate quarterback highly. 

Reports state  executives consider Dak Prescott to be franchise's quarterback in future, who has ability to lead side to Super Bowl. As for Prescott, 26-year-old has repeatedly stated he has plans of leaving Cowboys. 

Also Read | Dak Prescott Traded? Cowboys Offer Prescott 5-year, $175 Million Contract Extension: Report

Dak Prescott was drafted by Cowboys as  fourth-round pick in 2016 draft. He has since started each of Cowboys' 64 regular-season games. two-time Pro Bowler has thrown for 97 touchdowns and 15,778 passing yards with 36 interceptions. Last season, Prescott was one of Cowboys' most impressive players despite franchise faltering to a dismal 8-8 (win-loss) season. quarterback completed 30 touchdowns and passed for 4,902 yards in 2019 season. 

While his regular-season stats are impressive, Prescott has struggled massively in post-season. With Prescott leading franchise, Cowboys made playoffs just twice (2016 & 2018), exiting both during early sts. Prescott in 1-2 in postseason with just five touchdowns and 794 passing yards under his belt.

Also Read | Dak Prescott contract: Michael Irvin Wants Cowboys To Compensate Prescott For Years Of Being Underpaid

(Im Credits: Dak Prescott Instagram Handle)