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Will The Cowboys Break The Bank For Dak Prescott?

Dak Prescott New NFL Contract Aug 13, 2019

It’s no secret that quarterback in the NFL is the most important position in football and we’ve come to a point where every starting quarterback is either well-paid or wants to get his money.

Well, fourth-year quarterback Dak Prescott of the Dallas Cowboys has his sights set on a new contract and oddsmakers have released betting odds for where the annual total will fall.

Online sportsbook Bovada has unveiled a new betting prop for Dak Prescott’s expected new contract with the Cowboys and whether his new deal will surpass or fall short of $32.5 million per year.

The reason why this number is significant is it’s just a little more than what Eagles quarterback Carson Wentz got from Philadelphia back in June when he signed a four-year, $128-million extension.

Cowboys Shouldn’t ‘Dak’ Around and Pay Up

Look, I may be a Cowboys fan but I feel I can look at this through a clear lens because I’m one of Prescott’s biggest critics. He has done nothing but exceed expectations since coming to Dallas as a fourth-round pick. While most would attribute his success to an All-Pro running back and stout offensive line, he has still led the Cowboys to a winning record in each of his three seasons and his yards per attempt have increased each year.

I will agree that his arm strength/accuracy isn’t the greatest to be considered among the upper echelon of quarterbacks in the NFL. However, as someone who lived through the Quincy Carter/Drew Bledsoe/ Tony Romo eras, he’s still managed games enough to not completely blow it like his predecessors and there really isn’t an alternative for the cash-strapped Cowboys.

Dallas is already going through a contract stalemate with running back Ezekiel Elliott and looks to be prepping a new contract for wide receiver Amari Cooper. The Cowboys are in win-now mode and it would be silly of them to go the Kirk Cousins route and franchise-tag Dak each year as it’s more expensive in the long run based on the guaranteed money attached to those contracts.

Contracts in general for starting quarterbacks in the NFL rise each year as the newest extension always raises the bar. Russell Wilson’s contract he signed this summer made him the highest-paid QB in the NFL with an average annual salary of $35 million. The contract Mendoza line for starters is around $22 million.

While I don’t feel Prescott should be the highest-paid signal-caller in the NFL, his track record and potential make $35 million seem like a bargain with the way that inflation has taken over quarterback contracts. In three years, he likely wouldn’t even be in the top five for an average annual salary.

Comparing Prescott To Wentz

The reason Eagles quarterback Carson Wentz’s contract seems relevant to this discussion is the direct comparison that can be made between him and Prescott. Both of these quarterbacks are considered the future of the NFC East and came into the league in 2016.

Look at the career stat comparison borrowed from Will Cain with ESPN:

- 3 playoff starts for Dak Prescott, 0 for Carson Wentz

- Career Regular-Season Record: 32-16 for Dak Prescott, 23-17 for Carson Wentz

- NFC East Division titles: 2 for Dak Prescott, 1 for Carson Wentz

- Career QB rating: 96 for Dak Prescott, 92 for Carson Wentz

- Career Average Yards Per Attempt: 7.5 for Dak Prescott, 7.1 for Carson Wentz

- Career Rushing TDs: 18 for Dak Prescott, 2 for Carson Wentz

- Career Games Missed: 0 for Dak Prescott, 8 for Carson Wentz

Now, I will agree that from the eye test, Wentz looks much better as a quarterback but flash and style aren’t necessarily a QB’s best asset. Availability and wins are the tiebreakers and Prescott has been a cut above.

If I’m Prescott’s agent, I have a litany of production stats to use as a barometer for a new contract for my client. Just based on those numbers above, Dallas almost has to give Dak an obscenely lucrative deal to stay with the Cowboys.

What Will Be the Annual Average Value of Dak Prescott’s Next Contract?
  • OVER 32.5 million per season -120
  • UNDER 32.5 Million per season -120
Odds as of August 15 at Bovada