Insider Issues Stern Warning to Cowboys Over Dak Prescott's Future

There's no time for the Dallas Cowboys to celebrate after reaching a lucrative extension with star wide receiver CeeDee Lamb. The team's focus is now on reaching a deal with quarterback Dak Prescott, which could prove to be a tricky task before Week 1 kicks off.

As Prescott enters the final year of his contract, he holds a strong position at the negotiating table.

“Make no mistake, he literally has all the leverage,” NFL Network’s Ian Rapoport said on Monday, shortly after Lamb inked his $136 million deal. “The Cowboys would clearly like to get a long-term deal done. If it gets done, he is no doubt going to be the new highest-paid quarterback in the NFL."

Rapoport laid out two options for Prescott. Both are very enticing for the 31-year-old QB.

“Here are the options. It is either take a deal that resets the quarterback market — something that Dak Prescott is proud of, that his agent is proud of, that the union knows is a great deal. Or just go be the biggest free agent in NFL history," Rapoport said. "Those are really the options for Dak Prescott.”

If Prescott hits the open market next offseason, he'll be one of the most coveted free agents. He's made it clear that he won't take a discount on his next contract, aiming to set a new standard for other quarterbacks.

Prescott led the NFL in completions and 36 touchdown passes in 2023, accumulating 4,516 passing yards. Prescott was the runner-up in the MVP race.

Prescott and the Cowboys will open the season on September 8 against the Cleveland Browns.