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Dak Deal is DONE!!!!


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Happy dance time. I had speculated that there would be voided years at the end to make his contract work.  Frankly it is a win for Jones getting a "4 year" contract as that is like getting a 5 year contract last season when Dak was wanting 4.   This is a real cap friendly deal. Especially when the "big" numbers will hit year 5 and 6.    This means right now besides Dak the only players we have cap hits for 2025 are Zeke at 15.4 and Jaylon at 12.35, both of them IMO will be gone by then..   

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1 hour ago, Nextyearfordaboyz said:

Lol, they lost the negotiation, dude. They didn’t anticipate it playing out this way, or obviously they would have signed him a long time ago.

Dak had all the leverage, and Dallas was running out of time.

That's why at the end of the deal, Jerry Jones should never oversee a contract again. He got hosed big time. And as a Dallas Cowboy fan, you can't be happy with them giving Dak EVERYTHING he wanted. Especially not after how Cooper, Lawrence, Zeke and the Jaylon deals turned out.

If it takes you 2 years to come to a deal like this, you shouldn't be negotiating anything ever again. 

Edited by Tony7188
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1 hour ago, textaz03 said:

The big question mark is, 1st year base salary in regards to this reduced Salary Cap that hasn’t been officially announced yet. We are hearing 66 mil signing so that prorates out to 16.5 mil per year. 10-15 mil first year base would be nice to see, if we can keep a Cap charge around 30-35 mil to help give us some Cap relief to sign some defense free agents. 

When was the last time this team signed a good defensive free agent and not bottom of the barrel?

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1 hour ago, Ace5 said:

22.5 is the number being thrown around if the two void years tacked onto the end are in fact true. If not true, then it's 25.5 year one cap hit. Either way, you're not getting away with much more at qb in the NFL today.

Once Dak voids those last 2 years of the contract, there will be a big hit to the cap. 

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20 minutes ago, Tony7188 said:

That's why at the end of the deal, Jerry Jones should never oversee a contract again. He got hosed big time. And as a Dallas Cowboy fan, you can't be happy with them giving Dak EVERYTHING he wanted. Especially not after how Cooper, Lawrence, Zeke and the Jaylon deals turned out.

If it takes you 2 years to come to a deal like this, you shouldn't be negotiating anything ever again. 

I personally am very happy this got done. They should have gotten it done earlier, but they are smart to not escalate that bad decision with more bad decisions. 

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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.

 

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

Via OTC

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OK first and foremost for me is no matter what you think of his contract, we can at least MOVE FREAKIN ON, without talking about his future contract every other post as in the last 2 years. Wow..

but on that note 2 Posters who were the most vocal on this subject have not yet chimed in. 

Where is @Matts4313 and his alter Ego @DaBoys?? 

I want to hear their comments. 👀😃

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7 minutes ago, D82 said:

They made a smart decision. I’m glad Dak’s locked up. 

That and I truly believe it is so  much easier/better to focus moving forward from both player and the team perspectives. This really was a 2 year dark cloud hanging over everyone.

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