Stephen Jones on Dak Prescott's Contract: 'He Bet on himself and he Bet Wisely'


DALLAS (105.3 The Fan) - The Cowboys failed to sign quarterback Dak Prescott to a contract extension this offseason and the team's COO Stephen Jones knows it's going to cost them dearly.

There's no doubt that the price went up on Dak's next contract judging by the deals Chiefs quarterback Patrick Mahomes and Texans quarterback DeShaun Watson received recently.

Mahomes can earl up to $503 million over the next ten seasons, while Watson received a four-year, $160 million deal.

So, if the Chiefs and Texans can hammer out deals with their star quarterbacks, why couldn't the Cowboys come to terms with theirs?

"It's so difficult for us. As you know, we've never not gotten a player signed that we wanted to get signed, but this one's been a little more difficult. We're talking about a situation where he's going to represent so much of your salary cap. I think he understands where we're coming from. We're trying to get into a situation where we're trying to keep Dak surrounded by good players. The only thing Dak is missing from Patrick Mahomes is winning that Super Bowl. That's what we want for him. I don't think he would ever question our will and our want to surround him with great players. We took CeeDee Lamb with the first pick in the draft, and loading him up so he can be as successful as he possibly can be.

"I really don't have any problem with the situation. I admire him because he never blinks. In hindsight, I wouldn't have said that to my son two years ago. I would have said run in there and take that big guarantee and sign up. I do think he's made money by playing it out. We'll see what happens with the salary cap and how the virus affects our revenue for the next couple years. If we struggle from a revenue standpoint of no fans and reduced revenue, then that could affect his situation. But other than that, he bet on himself and he bet wisely.

"I think anyone would tell you (Dak and his agent) we put some very, very generous offers on the table. It's more principle type situations on length of term. I think everybody's got their hands around that's the problem. Obviously, we want a longer term deal so we can spread the money out over more years and give us more room under the salary cap so we can keep these younger players around Dak. At the same time, he wants a shorter term deal because he's seen how successful the league's been. The sooner you come up for a contract, the sooner you get a bigger raise. That's been the history of the NFL, so he's not at fault either. I have nothing but respect for where he's been. Up to this point, I don't think it's really hurt anybody. He's, obviously, going to make a lot of money this year. We all know he's going to make a whole lot more money in the future, and certainly we want it to be right here in Dallas."

According to 105.3 The Fan's Mike Fisher, Dallas offered their star quarterback a five-year deal with an average of $35 million per year with $106 million in virtual guarantees. However, his agent Todd France held firm in his ask of a four-year contract to allow his client to re-enter the market after the NFL's next television deal kicks in.

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