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

[gjkoeppen]

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

That looks so fine on paper except for one thing, well 3 things. First the Cowboys have to see this the same way. Second Prescott has to see this the same way. Third and this is the biggest problem since everybody knows that Prescott wants a 4 year deal so he can get one more big contract which means there's a huge chance he'll void that contract after 4 years and then it will put 17.2 mil of dead money on the cap. Even if by 2025 the cap rises like prior to the mess their are in now for 2021, 17.2 mil is a big chuck of dead money for a single player. I's rather see the signing bonus just stretched out over the 1st 4 years adding just 2.5 mil to each cap and limiting the dead money when Prescott voids out after 4 years to be just 7.2 mil from restructuring the 2nd year. No matter how it's done we're talking about a lot of money and it's either have a little bit bigger hit each year or take a really big hit after Prescott voids out after 4 years.
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[gjkoeppen]

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

The Cowboys can't avoid all of the bonus money paid out so no matter what happens the Cowboys will be on the hook for ALL of the bonus money.
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[gjkoeppen]

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.

Did Archer use is crystal ball, magic eight ball or is ouija board to get that implication?
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[gjkoeppen]

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.

But real GM's have all of their player costs in front of them when making all of their deals and they DO care what happens down the road.
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[erod]

A 6-year deal that can be voided in 4 years is a 4-year deal.

 

[gjkoeppen]

Nothing until Dak signs a tag. He's a free agent!

No Prescott isn't a free agent. If, that huge word IF, if Prescott doesn't sign a long term deal before the window for offering a tag with is from Feb. 23 - March 9 so technically they have until March 9th to get a contract done which is BEFORE free agency starts which is March 17th. So Prescott IS NOT a free agent at this time.
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[cowboyblue22]

what umm no that would be 2022 because he will get tagged and he will hold out an don't get paid or play 2021 so lets stop skipping over the facts,, he can not truly hit FA until after 2021..

sorry i meant 2022 he will be a free agent

 

[ABQCOWBOY]

A 6-year deal that can be voided in 4 years is a 4-year deal.

Insulting right?

 

[CouchCoach]

This is based on the Cowboys being stuck on 5 years and Prescot on 4, unless he's dropped that to 3 now.

I don't know but compromise to me means meet in the middle, so a 4.5 year deal and he can take the back half of 2025 off but I would demand that be after 9 games since they'll be playing 17.

What not a 10 year deal with a 4 year out? How about a lifetime deal with a 4 year out? If he's got a 4 year out, he's got a 4 year contract.

OK, I need to add a name to the list of people I do not want negotiating for the team with players besides Booger & Son, Todd Archer.

 

[erod]

How about a 359 year deal with voidable options on the final 355 years?

 

[TwoCentPlain]

People throwing $200-250M around for a QB with maybe above average talent who won one or two playoff games in 5 years and can’t pass a physical. Dak can’t even walk at a brisk pace right now, let alone run or cut or throw. He is not going to be able to pass a physical until Aug at the earliest if everything goes perfectly.

No one even knows if he will even be available to start the season. A second surgery on the deltoid ligament which was hidden for two months.

Let him hit the free market. He’s not getting any offers from other teams. Why tag him when there is a chance he can’t even play to begin the year and might not be able to play?

I don’t see why people think it is Dak at $40M or bust. He’s not worth it. There are other options.

The same people screaming to pay Dak $40M are probably the same people who said pay Zeke what he wants. 2 Years later and Zeke’s contract is one of the worst in the league and he is sliding down quickly.

Move on from Zeke and Dak. They do not have the talent or drive to get a SB victory.

 

[OmerV]

What can Dallas get in a trade?

It's limited as long s he is only on a 1 year franchise tag. A team would want a player committed for a number of years before they would give up much.

 

[MyFairLady]

Why are we in such a hurry to sign? We have gotten worse each year with him.

 

[Hawkeye0202]

Was thinking that too but if they projected Dak to have a 37mil cap hit(Franchise tag) then getting him at 30mil would be a plus.

He was using the 20mil salary+10mil prorated bonus in a large way to hit 90mil in the first 2 years in actual salary for Dak.
That 10mil goes to the back and it's only 80mil. Not sure why Archer went to 90mil over the first two years, but maybe it has to do with recent deals?
I think any deal would have a bigger 2nd year base salary to allow for the ~90mil range and it'll be an instant restructure to knock down the cap hit in 2022.

So like 12-15mil base+10mil SB in 2021 for a 22-25mil cap hit
25-28mil base+10mil SB in 2022 for 35-38 mil cap hit which could be restructured as need be for cap space next year.

+1

 

[Hawkeye0202]

How about a 359 year deal with voidable options on the final 355 years?

That's ridiculous....lol

 

[Hawkeye0202]

People throwing $200-250M around for a QB with maybe above average talent who won one or two playoff games in 5 years and can’t pass a physical. Dak can’t even walk at a brisk pace right now, let alone run or cut or throw. He is not going to be able to pass a physical until Aug at the earliest if everything goes perfectly.

No one even knows if he will even be available to start the season. A second surgery on the deltoid ligament which was hidden for two months.

Let him hit the free market. He’s not getting any offers from other teams. Why tag him when there is a chance he can’t even play to begin the year and might not be able to play?

I don’t see why people think it is Dak at $40M or bust. He’s not worth it. There are other options.

The same people screaming to pay Dak $40M are probably the same people who said pay Zeke what he wants. 2 Years later and Zeke’s contract is one of the worst in the league and he is sliding down quickly.

Move on from Zeke and Dak. They do not have the talent or drive to get a SB victory.

 

[john van brocklin]

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

Can't be that easy, lol

 

[John813]

Can't be that easy, lol

Saints and New England have done it in recent years with their QB's.

Of course both guys were at the believed "tail end" of their career but Brees and Brady's deals had voidable years at the end to drop the cap hits in the "non voidable" years.

Saints also did it with Cook too

 

[Hawkeye0202]

Cowboys need to get Dak Prescott signed before franchise-tag deadline
Posted by Mike Florio on February 17, 2021, 2:08 PM EST

https://profootballtalk.nbcsports.c...rescott-signed-before-franchise-tag-deadline/

In a normal year, the practical deadline for signing a franchise-tagged player to a long-term deal arrives on July 15. For the Cowboys, this year’s deadline as it relates to quarterback Dak Prescott should move.

Because Prescott earned $31.4 million under the franchise tag in 2020, he’ll be entitled to a 20-percent raise if tagged again in 2021. That equates to $37.68 million. With the cap expected to drop in 2021 — possibly all the way to $180 million — that’s a lot to dedicate to the starting quarterback.
Indeed, if the cap lands at $180 million, Prescott will consume nearly 21 percent of it on his own.

It makes far more sense for the Cowboys to get Prescott signed to a long-term contract, with a much lower 2021 cap charge, before the the deadline for applying the franchise tag arrives. Last year, the talks bogged down over the length of the contract; Prescott wanted four years, the Cowboys wanted five. This year, Prescott should hold even more firm on a a four-year deal.

Length will be the easy part. Value becomes more difficult, given that Patrick Mahomes has a new-money average of $45 million and that Deshaun Watson gets $39 million.

There’s another important factor at play here: Contract value at signing. Watson’s contract has an average value at signing of $29.11 million. Mahomes’ deal has an average value at signing of $39.8 million.

Of course, Mahomes’ signed a 12-year deal. Watson signed a four-year extension. Prescott, if he signs a four-year deal, will be back at the table after the 2024 season.

So what will it take? Four-years, $130 million would result in an average of $32.5 million. With, for example, a $60 million signing bonus and a $5 million salary for 2021, Prescott would have a cap number of $20 million. Additional guarantees would be needed, and there would be cash-flow details to negotiate.

Regardless, if the Cowboys still believe Prescott is their guy, this is the kind of deal they need to make, before they have to squeeze the rest of the cap around a salary of $37.68 million.

There’s one more reason to get the deal done before the franchise-tag deadline. If the Cowboys apply the tag to Dak a second time, he’d be entitled to a 44-percent bump over his latest cap number if franchise-tagged at any point in the future.

To best deal with the coming cap crunch and to best manage the relationship when the next contract expires, the Cowboys need to prioritize completing the Dak Prescott contract before he receives what would be a one-year deal worth a whopping $37.68 million.

 

[CowboysFaninHouston]

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.

and if anything they can up the money by 10M over the first 4 years to push it to about 40M, and gives dallas the flexibility in managing the cap...