In a recent column, ESPN NFL insider Dan Graziano noted that Prescott and the Cowboys have yet to reach an agreement as Prescott enters the final year of his four-year, $160 million deal. Graziano suggested that it wouldn’t be surprising if the 30-year-old quarterback played elsewhere in 2025.
“I think it would be a massive mistake to rule out this possibility,” wrote Graziano. “There would absolutely be a market for Prescott — who led the NFL in touchdown passes in 2023 with 36 — if he is available. By that time, he and his agent surely would know who’s interested and at what level. The Cowboys do not want it to come to that. But again, it’s not entirely up to them.”
Prescott holds significant leverage in contract negotiations. His current deal includes a no-trade and no-tag clause and a $55.45 million cap hit in 2024. If the Cowboys don’t re-sign him before the start of the 2025 league year, it would result in a $40.46 million dead cap charge.
On a recent episode of “The Insiders,” NFL Media’s Ian Rapoport mentioned that a new deal for Prescott could be worth $60 million annually, potentially making him the league’s highest-paid player. The Cowboys may feel this is an overpay, considering Prescott has yet to reach an NFC Championship Game.
Despite the lack of a new deal, Prescott indicated he won’t miss training camp starting on July 25.
“Day one of training camp, my mind flips to just helping my team and doing everything I can within the organization and on the football field to make sure that I am my best and everyone around me is their best,” Prescott said Tuesday via The Athletic’s Jon Machota. “The money and all of that will take care of itself as it always does.”
Prescott’s future in Dallas remains uncertain, but if the three-time Pro Bowler leads the Cowboys to a championship this upcoming season, he should secure a significant payday. As of Thursday, ESPN’s Football Power Index gives the Cowboys the fourth-best chance (8.7%) to win Super Bowl LIX.
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