The Dallas Cowboys are barely decreasing quarterback Dak Prescott’s huge wage cap hit by transforming his contract going into the ultimate yr of the deal, sources informed ESPN’s Subject Yates on Monday.
A $5 million roster bonus has been transformed right into a signing bonus to scale back the 2024 cap hit by $4 million, to simply over $55 million, the sources informed Yates.
The Cowboys can create extra wage cap reduction with an extension for Prescott, who’s coming off a wild-card loss at dwelling to Inexperienced Bay that dropped his playoff document to 2-5.
The Cowboys are persevering with makes an attempt to signal Prescott to a contract extension, a supply informed ESPN’s Ed Werder.
Whereas Jerry Jones has stated the membership plans to maintain Prescott, the workforce proprietor/basic supervisor hasn’t struck the identical definitive tone he did in 2021 earlier than signing his franchise QB to a club-record $160 million, four-year contract.
The transforming of the contract included including two extra voidable years in 2027 and 2028, which pushed Prescott’s wage cap quantity in 2025 up barely to $40 million.
The Cowboys have been quiet in free company partly due to looming paydays for All-Professional receiver CeeDee Lamb and star pass-rusher Micah Parsons, the 2021 NFL Defensive Rookie of the Yr.
Committing to Prescott past the approaching season would make it simpler to get offers performed with Lamb and Parsons.
The one addition for Dallas from one other workforce thus far has been linebacker Eric Kendricks on a one-year deal value as much as $3.5 million. The Cowboys added Kendricks whereas releasing linebacker Leighton Vander Esch, their 2018 first-round decide, on a failed bodily designation after he suffered one other neck harm final season.
The Related Press contributed to this report.