The Dallas Cowboys are engaged in early discussions with star quarterback Dak Prescott regarding a potential new contract deal, according to The Athletic’s Jeff Howe.
While nothing is considered “imminent” at this juncture, these preliminary negotiations come as a strategic move by the Cowboys to address their financial situation and secure their core players ahead of the 2023 NFL season.
The looming concern for the Cowboys is Prescott’s substantial cap hit of $59.4 million for next year’s 2024 season.
This hefty figure can be altered significantly if a new contract extension is agreed upon.
According to Howe’s report, discussions have already commenced between the Cowboys’ front office and Prescott’s representatives.
The motive behind these conversations is not only to alleviate the burden of Prescott’s upcoming cap hit but also to create room for potential contract extensions for other key players on the roster, including standout defensive player Micah Parsons and promising wide receiver CeeDee Lamb.
Although Dak Prescott threw a career-high 15 interceptions during the 2022 season, the Cowboys’ faith in his abilities remains unshaken.
Prescott, who signed a lucrative two-year, $160 million contract not long ago, has two seasons remaining on his current deal.
The Cowboys’ unwavering confidence in him as their quarterback of the future suggests that they view these interceptions as a temporary setback rather than a long-term concern and will continue to work on a long-term extension.