Twitter: Archer's six-years contract proposal for Dak

[Hawkeye0202]

I'm no expert but this seems reasonable for BOTH sides.....





How a six-year deal could be a compromise for Cowboys, Dak Prescott

The proposed compromise would be a six-year deal that voids to four years.

Both sides can then claim a win. The Cowboys can get their salary-cap flexibility in the first two seasons of the deal when teams will be paying somewhat of a price because of the coronavirus pandemic (the NFL's salary cap is projected to be down, at roughly $180 million for the next year), and Prescott can be back on the market in 2025.

A perfect solution? Probably not, but there has to be some compromise in a situation that has played out going on its third offseason.

Here's how it would work:

We know the Cowboys offered Prescott a $50 million signing bonus last year. Let's keep that the same, so that would cost $10 million against the cap from 2021 to 2025 because bonuses can be prorated for only five years.

Now the base salaries:

2021: $20 million (fully guaranteed)

2022: $20 million (fully guaranteed)

2023: $32.5 million ($25 million fully guaranteed)

2024: $32.5 million

2025: $32.5 million

2026: $32.5 million

That's six years, $220 million for an average of $36.7 million a year. In reality, it's a four-year deal worth $155 million for an average of $38.75 million with $115 million fully guaranteed at signing. He would make $90 million over the first two years of the deal.

The cap numbers under this deal would be:

2021: $30 million

2022: $30 million

2023: $42.5 million

2024: $42.5 million

2025: $42.5 million

2026: $32.5 million
How do the Cowboys gain cap flexibility in the second year of the deal? With a tool they have commonly used on all of their major signings. They can turn more than $18 million of Prescott's 2022 base salary into signing bonus for cap purposes and create $14.4 million in room in Year 2 of the deal. Based on a proposed $2 million base salary in 2022, it would add $3.6 million to each of the aforementioned cap numbers from 2023 to 2026.

2022: $15.6 million

2023: $46.1 million

2024: $46.1 million

2025: $46.1 million

2026: $36.1 million

 

[phildadon86]

I'm no expert but this seems reasonable for BOTH sides.....





How a six-year deal could be a compromise for Cowboys, Dak Prescott

The proposed compromise would be a six-year deal that voids to four years.

Both sides can then claim a win. The Cowboys can get their salary-cap flexibility in the first two seasons of the deal when teams will be paying somewhat of a price because of the coronavirus pandemic (the NFL's salary cap is projected to be down, at roughly $180 million for the next year), and Prescott can be back on the market in 2025.

A perfect solution? Probably not, but there has to be some compromise in a situation that has played out going on its third offseason.

Here's how it would work:

We know the Cowboys offered Prescott a $50 million signing bonus last year. Let's keep that the same, so that would cost $10 million against the cap from 2021 to 2025 because bonuses can be prorated for only five years.

Now the base salaries:

2021: $20 million (fully guaranteed)

2022: $20 million (fully guaranteed)

2023: $32.5 million ($25 million fully guaranteed)

2024: $32.5 million

2025: $32.5 million

2026: $32.5 million

That's six years, $220 million for an average of $36.7 million a year. In reality, it's a four-year deal worth $155 million for an average of $38.75 million with $115 million fully guaranteed at signing. He would make $90 million over the first two years of the deal.

The cap numbers under this deal would be:

2021: $30 million

2022: $30 million

2023: $42.5 million

2024: $42.5 million

2025: $42.5 million

2026: $32.5 million
How do the Cowboys gain cap flexibility in the second year of the deal? With a tool they have commonly used on all of their major signings. They can turn more than $18 million of Prescott's 2022 base salary into signing bonus for cap purposes and create $14.4 million in room in Year 2 of the deal. Based on a proposed $2 million base salary in 2022, it would add $3.6 million to each of the aforementioned cap numbers from 2023 to 2026.

2022: $15.6 million

2023: $46.1 million

2024: $46.1 million

2025: $46.1 million

2026: $36.1 million

I don’t see how Dak is going to sign for a deal less than the one he had on the table last year unless I’m reading this wrong

 

[Oz-of-Cowboy-Country]

And if not, try your best to trade his butt to the state with the highest tax rate.

GO TEXAS.

 

[starcity214]

I'm no expert but this seems reasonable for BOTH sides.....





How a six-year deal could be a compromise for Cowboys, Dak Prescott

The proposed compromise would be a six-year deal that voids to four years.

Both sides can then claim a win. The Cowboys can get their salary-cap flexibility in the first two seasons of the deal when teams will be paying somewhat of a price because of the coronavirus pandemic (the NFL's salary cap is projected to be down, at roughly $180 million for the next year), and Prescott can be back on the market in 2025.

A perfect solution? Probably not, but there has to be some compromise in a situation that has played out going on its third offseason.

Here's how it would work:

We know the Cowboys offered Prescott a $50 million signing bonus last year. Let's keep that the same, so that would cost $10 million against the cap from 2021 to 2025 because bonuses can be prorated for only five years.

Now the base salaries:

2021: $20 million (fully guaranteed)

2022: $20 million (fully guaranteed)

2023: $32.5 million ($25 million fully guaranteed)

2024: $32.5 million

2025: $32.5 million

2026: $32.5 million

That's six years, $220 million for an average of $36.7 million a year. In reality, it's a four-year deal worth $155 million for an average of $38.75 million with $115 million fully guaranteed at signing. He would make $90 million over the first two years of the deal.

The cap numbers under this deal would be:

2021: $30 million

2022: $30 million

2023: $42.5 million

2024: $42.5 million

2025: $42.5 million

2026: $32.5 million
How do the Cowboys gain cap flexibility in the second year of the deal? With a tool they have commonly used on all of their major signings. They can turn more than $18 million of Prescott's 2022 base salary into signing bonus for cap purposes and create $14.4 million in room in Year 2 of the deal. Based on a proposed $2 million base salary in 2022, it would add $3.6 million to each of the aforementioned cap numbers from 2023 to 2026.

2022: $15.6 million

2023: $46.1 million

2024: $46.1 million

2025: $46.1 million

2026: $36.1 million

Pfft!! That Archer guy is as dumb as Patrick Mahomes...

Don't they know about the gambling money Dak and his agent keep bringing up?

Dak doesn't want to be here that long. He's the next kirk Cousins.

 

[streetcredit]

What can Dallas get in a trade?

 

[Hawkeye0202]

I don’t see how Dak is going to sign for a deal less than the one he had on the table last year unless I’m reading this wrong

It's actually a 4-year deal just a little above the 2nd $37M franchise tag amount

That's six years, $220 million for an average of $36.7 million a year. In reality, it's a four-year deal worth $155 million for an average of $38.75 million with $115 million fully guaranteed at signing. He would make $90 million over the first two years of the deal.

 

[Hawkeye0202]

Pfft!! That Archer guy is as dumb as Patrick Mahomes...

Don't they know about the gambling money Dak and his agent keep bringing up?

Dak doesn't want to be here that long. He's the next kirk Cousins.

The proposal has an out after 4 years......

 

[Hawkeye0202]

What can Dallas get in a trade?

 

[John813]

Now that 5th year will have some dead cap due to the 5 years of original signing bonus + any restructures that extend the new prorated SB to the 5th and 6th year. But if they can come to an agreement before the opt out and he actually opts out and becomes a FA I think they can avoid that DC

 

[streetcredit]

 

[KB1122]

So basically you couldn't cut him for six years.

Pass.

Hard pass.

 

[Zordon]

That cap number better skyrocket in a couple of years if this is going to work.

 

[Hardline]

Dak has already turned down the best deal I would be willing to offer.
Sign the contract currently on the table. Get franchise tagged again or sit out.

 

[unionjack8]

How do we know that dak doesn't now want a THREE year contract. The whole point of him wanting a 4 year deal last year was to hit to the market again at a specific point in time, when he's still in his prime and the new tv deals are kicking in

 

[Hawkeye0202]

So basically you couldn't cut him for six years.

Pass.

Hard pass.

Read it again....all of it ( all guaranteed money is paid after 4 years )

 

[KB1122]

I'm not totally against signing Dak, although I think it's unlikely to work out. It's unlikely for most quarterbacks, if working out is winning a Super Bowl.

But committing six years to a player who will either be an elite quarterback or a guy who's had a nice career in two years time?

No thanks.

The decision here is do you want to sign him for one year less. or two years more. (Or let him go.)

Not four years more.

 

[Hawkeye0202]

How do we know that dak doesn't now want a THREE year contract. The whole point of him wanting a 4 year deal last year was to hit to the market again at a specific point in time, when he's still in his prime and the new tv deals are kicking in

He may but Archer is implying Jerry and Stephen apparently has no problem with the amount of money but they need to spread it out to give him what he wants. This is why this proposal is a 4 year deal under a 6-year contract.

 

[Hawkeye0202]

I'm not totally against signing Dak, although I think it's unlikely to work out. It's unlikely for most quarterbacks, if working out is winning a Super Bowl.

But committing six years to a player who will either be an elite quarterback or a guy who's had a nice career in two years time?

No thanks.

The decision here is do you want to sign him for one year less. or two years more. (Or let him go.)

Not four years more.

 

[DCBoysfan]

Clearly, some folks just bypassed reading the article.

 

[John813]

He may but Archer is implying Jerry and Stephen apparently has no problem with the amount of money but they need to spread it out to give him what he wants. This is why this proposal is a 4 year deal under a 6-year contract.

It's what they will need to do if Dak really wants a 4 year deal.

2 voidable years allow cap flexibility with some possible pain down the road but worry about today and not 4 years later.