Dallas Cowboys quarterback Dak Prescott comes into the 2024 season on the last year of his 4-year $160 million deal he signed with the team. Expected to finish out his contract making $59.4 million next year, Prescott hopes he can resign with Dallas in the form of a more financially manageable extension.

“It helps with the team and it helps with the numbers,” Prescott said. “Everything is great. It’ll happen.”

While Prescott is confident a new deal with the Cowboys will get done, owner Jerry Jones recently said that the extension ‘isn’t a necessity.’ The 30-year-old Prescott has been with Dallas for the entirety of his career beginning in 2016, but since then the team has seen little playoff success despite finishing first or second in the division in all but one of those years. Excluding the 2020 year which saw him out with a severe ankle injury, Prescott has led the team to a 75-49 record in the regular season. The team reached the playoffs in five of those seasons, with the team losing twice in the Wild Card Round and three times losing in the Divisional Round.

As a starting level quarterback, Prescott sits a tier below the likes of Patrick Mahomes, Lamar Jackson and Josh Allen. With the ability to put up pretty good stats on a pretty good team, Prescott and the Cowboys should have seen more success in the eyes of many fans, but that hasn’t been the case.

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In 2023 Prescott threw more than 4,500 yards for 36 touchdowns and nine interceptions in what was the second best statistical season of his career as the team won the NFC East division. Despite that, the Cowboys have yet to fully give their confidence and trust into Prescott to be the face of the franchise in the form of a new contract extension. Officially there have been no direct contract negotiations between Dallas and their starting quarterback, though Jones said he had no fear this being Prescott’s last season in a Cowboy uniform.

Prescott is confident a deal can be reached, but the organization has yet to come out to give a direct answer to the question of if he will be signed to another contract. Though there has been no official contract offered yet, the two parties have until August to agree to an extension, either making it Prescott’s last year in Dallas, or just another one of many.

Though a having a starting quarterback might be the top priority for other teams around the NFL, Dallas has other star players they need to lock down before they can offer Prescott a deal similar to that of what he was already making. In the meantime, the Cowboys will do their best to renegotiate and resign wide receiver CeeDee Lamb and linebacker Micah Parsons to long term contracts. Once the team has it’s other pieces in place, then they will try to get a deal done with Prescott.

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