The Cowboys used their franchise label That Prescott on Tuesday, but the transfer was procedural. Dallas gave Prescott the exclusive label, according to ESPN.com’s Field Yates (on Twitter), for the second consecutive year. Still, the two-year saga is still over. Prescott agreed to a four-year, $ 160 million extension Monday night.
This move will further protect Prescott from a future label. A third tag would increase the price of the quarterback to an astronomical site. A third label in 2022 would have cost the Cowboys more than $ 54 million. They finalized a deal Monday, instead of having their second price, $ 37.7 million, in their books that passed to the free agency.
Players have been tagged three times before; Entrance to the Hall of Fame Walter Jones played three seasons on the label in the 2000s. But now the system demands a 44% hike from the previous year’s salary. The Dak extension contains an unlabeled provision, but that only applies to that deal until 2024. Tuesday’s second label would turn the prospect of the Cowboys labeling Prescott at the end of another contract effectively as a start. This will give Dak more leverage throughout his career.
After counting $ 22.2 million against the Dallas cap in 2021, Prescott will see his limit numbers rise to $ 33.2 million in 2022, $ 44.2 million in 2023 and $ 47.2 million dollars on the 24th, by OverTheCap. Prescott’s base salaries for 2021 and 22 ($ 9 million and $ 20 million, respectively) are fully guaranteed, and CBS Sports ’Joel Corry noted that the well-compensated quarterback will receive his total bonus of $ 66 million. million dollars (an NFL record) by the end of 2021 (Twitter link).
The guaranteed base salaries and the payment of the full bonus that will have to be paid this year will give Prescott $ 95MM guaranteed to sign, which will be another NFL record. Matt RyanThe full $ 94.5 million guarantee in 2018 previously topped that list. While Prescott’s salary in 2023 ($ 31 million) is guaranteed only for injuries, Mike Florio of Pro Football Talk notes that he will move to a full warranty on the fifth day of the 2022 league year. TL; DR: Prescott is now a much richer man.
Prescott’s total guarantees ($ 126 million) do not reach the former Patrick Mahomes($ 141 million), and the Chiefs QB still leads the football world with an average of $ 45 million a year. But Prescott’s contract has now set record signing bonuses, fully guaranteed money and year 1 payment Although Muhammad is signed until 2030, Prescott will have a chance to recoup, assuming his level of game does not fall in the early 2020s, before turning 32 years old.
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