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Cowboys and Dak agree to deal


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59 minutes ago, Shanedorf said:

...when they realize how many commercials will have to be injected into the broadcast just to pay for these new TV deals.

Dak's shiny new contract pays him $43,000 / minute of game time.

So in the time it takes you to get up, take a leak, grab another beer and return to the couch... Dak will have earned your annual salary.
Is that sustainable ? ...Maybe. Unless too many fans decide that a 3 hour commercial-fest... is a lousy way to consume the NFL.
The NFL owners and the Networks are making a massive bet here and Dak's new contract is betting on that bet coming up a winner.

The Waltons make about 10k every minute of every hour of every day while paying their employees so little that they lead the nation in food stamps.

That's been sustainable for 25+ years.

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would think Dallas is further away from the SB than just 1 'very good QB'

as they've had that same QB for 4~yrs

just haven't had a lot of success in those years

came in hot in 2016, beat the Chiefs in 2017, then... the list of 'good teams beaten' gets really thin

wish him the best

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His cap hit this year is apparently around 22.5 million so that means its about 41.5 per year in years 2-4 and 13 in Drew Brees cap hit in the fake year 5.

 

The Cowboys are just barely over the cap right now by about a million or so.

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1 hour ago, Forge said:
 

If that's accurate, that's going to be some crazy back end cap hits. That's 3 years to basically make up 20 million...so that's like some 49-50 million dollar cap hits. 

He supposedly has a cap hit averaging $42 million over the first three years. With only 4 years, there's not a lot of backloading to be done, I'd suspect. The jump starts next year.

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Otc had the contract up already

Year Cap
Number
Dead Money & Cap Savings
Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension 
Total $160,000,000
2021 $22,200,000
$95,000,000
($72,800,000)
2022 📝 $33,200,000
$72,800,000
($39,600,000)
2023 $44,200,000
$39,600,000
$4,600,000
2024 📝 $47,200,000
$26,400,000
$20,800,000
2025 📝 $13,200,000
$13,200,000
$0
2026 $0
$0
$0

 

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Contract Notes

Dak Prescott and the Cowboys agreed to a four year, $160 million contract with $126 million in guarantees on March 8, 2021. Prescott received $95 million fully guaranteed at signing. The full guarantee consists of Prescott's 2021 and 2022 base salaries as well as a $66 million signing bonus. Per Pro Football Talk, the remaining $31 million becomes guaranteed on the 5th day of the 2022 league year. Prescott has a no trade clause and a no tag clause in the contract. There are two void years at the end of the contract for proration purposes. Those two years void two days prior to the start of the 2025 league year.

 

 

Via OTC

Edited by 49erurtaza
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1 hour ago, canadaluvsdallas said:

Yeah and on what basis would have we signed him on? We only saw his  full progression as a QB last year.

Hindsight is 20/20 but it doesn't excuse giving blind unwarranted contracts.

Keep in mind we didn't throw away all our draft capital while still having our QB1 unlike the Rams.

Contracts and assets need to be justified. This is a performance based business.

As fans of the NFL overall lets stop pushing this narrative.

Huh? Dak had been in the league for three years. He posted a winning record in each of his first three years. He threw for 67 TDs and 25 INTs.

You sign him to an extension the same year Goff and Wentz got theirs. If you do it then, you can maybe get him for $25 million per season. You sign him based off what he did for three seasons and what you project him to do as he can get better. Cowboys screwed this up and now are paying this guy $40+ million per season coming off a very serious injury.

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28 minutes ago, Ryan_W said:

would think Dallas is further away from the SB than just 1 'very good QB'

I don't think they're anywhere near a SB. Their defense blows, their RB has regressed, and their offensive line isn't very good/dependable. Obviously they have to sign him because he's a good/really good QB, but SB? They probably make the playoffs next season by default because they play in by far the worst division in the league, but even then, them winning the NFC East is not guaranteed.

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2 hours ago, Forge said:

pretty sure the signing bonus can only be spread out over 5, right? unless they changed that in the CBA? 

Yes only 5 years still unless that hasn't been reported as a change. One of the voidable years will have a little of the signing bonus and each of them will have a small base part of the non guaranteed. They renegotiate after 4 years boost those 2 with signing bonus to the new contract and they've got him on another deal after this one. 

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