Video: FOX: Marcellus Wiley explains why Dak Prescott is a genius for turning down $33m extension

Future

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I am wondering what makes those 4 people experts? Two of them I have never heard of, are they financial planners?

Proof, there are too many channels.
Well 3 of them were in the NFL...they're pretty well qualified to comment on the nuances of NFL contracts.
 

Hennessy_King

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Yes we were an 8-8 because of dak and our top 5 offense. Not an 8-8 team because of our bottom 10 defense and league worst special teams unit. My goodness no wonder this country is so dumb
 

Oz-of-Cowboy-Country

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Good vs Great vs Okay. IMO

1) Okay.- Your QB put up some good numbers statistically, but the win total was not there. Over 4,200 yards but no playoffs.

2) Good.- Your QB got his team into the playoffs.

3) Great. - Your QB accomplished both one and two mentioned above. He lead his team into the playoffs while throwing for over 4,200 yards.



In my opinion Dak had an okay year, last year.
 

Stash

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I am wondering what makes those 4 people experts? Two of them I have never heard of, are they financial planners?

Proof, there are too many channels.

I completely agree, this is like the 'D Team' of football analysts. I could ask my neighbor across the street and get more insight.
 

Hennessy_King

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Good vs Great vs Okay. IMO

1) Okay.- Your QB put up some good numbers statistically, but the win total was not there. Over 4,200 yards but no playoffs.

2) Good.- Your QB got his team into the playoffs.

3) Great. - Your QB accomplished both one and two mentioned above. He lead his team into the playoffs while throwing for over 4,200 yards.



In my opinion Dak had an okay year, last year.
I agree, dak didn't have the defense or special teams playing good football last year. What a bad qb.
 

atlantacowboy

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The 33m would have been an extension like Zeke's was. If you can point me to something that states it would have erased his 400k I'd love to see it.

No need to try to talk above me high and mighty. The math isn't over my head. I'm an engineer. Most NFL contracts are extensions and add to the back of the existing contract. Maybe his offer was different but I've never read anything to the contrary.

Here's an example.

http://www.nfl.com/news/story/0ap3000001040986/article/dak-prescott-seeking-extension-worth-40myear
The Dallas Cowboys quarterback, who is entering the final year of his contract and has been negotiating an extension with the club, has turned down a deal worth $30 million per year and is instead seeking a contract worth $40 million per year, NFL Network's Jane Slater reported Monday, per a source informed of the talks.

If he took a 33m 5yr extension Sept 19 or signed it now it is the same money. He gets some of the signing bonus and guaranteed money earlier and Dallas can spread it out over the cap but in the end, the total money he gets is the same.

Its called a signing bonus. It has nothing to do with the base salary. So Zeke got 7.5 million in September and gets another 10.9M in march. So, Zeke got over 18M in 6 months. Sure he could have waited for his contract to expire and gotten more, but the guy repping him isn't a moron. He knows its better to take less sooner than more later.

The difference between what Dak wants and what the team is offering is less than 4 million per........ he's never going to recoup the money he left on the table playing for 400k this year.

https://www.star-telegram.com/sports/nfl/dallas-cowboys/article237152299.html
 
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Stash

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Depends on just what it costs for him to insure against injury.

But he could have *locked in* 100mil+. Current net worth estimated at 2 mil.
https://www.celebritynetworth.com/richest-athletes/nfl/dak-prescott-net-worth/

That's a big difference. The marginal utility of squeezing an extra 10 or even 20 mil out of Jerry is negligible compared to that *first* 100mil. Also, time is money, and he missed a fat run up in stocks.

If you ignore insurance, it would have been just stupid for him to play games he didn't have to last year. Stupid risk on a mountain of money that dwarfs what he then had.

But if it made sense to do last year with insurance, it certainly makes sense to do this year again, with 33mil in guaranteed franchise money coming.

He and Cooper should make Jerry pay through the nose now, or just play the season on tags while insuring themselves against injury, and then squeeze Jerry again next year.

While Jerry checks out every option he has available to replace either or both. Two sides to that coin.

Fact is that there will be more name quarterbacks hitting free agency that EVER BEFORE. If they so chose, they could try to sign Brady, Brees, or Rivers for a year or two, knowing full well that they'd be drafting their eventual replacements. And that would leave Dak trying to find someone else to pay him that huge money and going somewhere without a top offensive line and running back.
 

atlantacowboy

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While Jerry checks out every option he has available to replace either or both. Two sides to that coin.

Fact is that there will be more name quarterbacks hitting free agency that EVER BEFORE. If they so chose, they could try to sign Brady, Brees, or Rivers for a year or two, knowing full well that they'd be drafting their eventual replacements. And that would leave Dak trying to find someone else to pay him that huge money and going somewhere without a top offensive line and running back.

This would be awesome..........but I'm afraid Jerry is in love with Dak and love rules. :facepalm:
 

Qcard

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They will tag him but so what.
That just means he is FULLY GTD a massive yearly salary with zero control going forward.
OK they tag him again at even more insane yearly cost and then sign him... meanwhile the QB market just keeps rising so will his earnings.

This isn't hard. These dudes are right. Long as he stays healthy kicking the can is genius, especially with new CBA on horizon.
They need to money-whip him and lock him up long term.

We saw this with DLaw.
Tags don't help all that much unless you know you are moving on from a guy the next season.
This is the QB Market. QBs with Dak's resume will always have the upperhand. It comes with the meal.
 

Stash

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This would be awesome..........but I'm afraid Jerry is in love with Dak and love rules. :facepalm:

I honestly feel like it's coming down to a showdown and the tag. Unlike other agents and players, Dak and his are willing to roll the dice and take the risk to get some of the really big player money that will be coming down the pike when that new CBA deal gets done. They're willing to wait for that.
 

HanD

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Its called a signing bonus. It has nothing to do with the base salary. So Zeke got 7.5 million in September and gets another 10.9M in march. So, Zeke got over 18M in 6 months. Sure he could have waited for his contract to expire and gotten more, but the guy repping him isn't a moron. He knows its better to take less sooner than more later.

The difference between what Dak wants and what the team is offering is less than 4 million per........ he's never going to recoup the money he left on the table playing for 400k this year.

https://www.star-telegram.com/sports/nfl/dallas-cowboys/article237152299.html

That link doesn't say it isn't an extension or that it would have changed his base salary last year.

Yes he'd have gotten money this past year in signing bonuses. But the total he's getting after 5 years doesn't change. It would not have made a difference to him. Now he gets the same bonus 8 months later. He lost security of injury but wants more money.

If he got 400k last year, then signs next month say for 33m for next 5 years, with 50m bonus. It's the same as an extension last off season.

Besides cap, if he signed it last year he's get the same money if he signs it now. Just the same signing bonus 8 months earlier and spread cap wise over 6 instead of 5 years. His salary would have still been 400k. He got some security in guaranteed money but what goes to his bank over the 6 years doesn't change. He didn't lose money. He delayed the same amount. It's not like leveon who gave up 14m on the tag for a year.

If I give you 100m now or in 8 months you still get 100m. We aren't talking about present and future worth of money. Now the bonuses will be less spread out over a contract one year shorter.
 

Oz-of-Cowboy-Country

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I agree, dak didn't have the defense or special teams playing good football last year. What a bad qb.
Payton Manning didn't have a top end defense for most of his time in Indy. They just outscored many of their opponents. So a top tier QB can carry the load if need be. We all know Dak isn't top tier QB, yet. But its a well known fact that if you're playing from behind you're going to pass more. Which could lead to some bloated QB stats. That may very well explain why the top five QB's in passing yardage didn't make the playoffs this year.
 

Sandyf

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He knows the Jones family will cave. That's why he turned it down. Stephen should have already slapped the tag on him and stopped the pretend negotiations.
Tag cannot be applied until after the current season done, i.e. right before the new season starts on March 1st.
 

CouchCoach

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Really? I'll admit that Ohrnberger isn't exactly a household name, but ALL of the others are. If you do not know who there are, then you are most likely:
a. Very young
b. new to football
c. not really a fan of the game.
No to all 3, I am one of the oldest members here. I am a fan of the game of football, not all of the talk they make about it to justify jobs for after they retire. Their opinions carry very little weight unless it is a former coach speaking from that perspective.

The problem isn't that there are too many talking heads; the problem is too many people actually listening to them.
 

CouchCoach

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He knows the Jones family will cave. That's why he turned it down. Stephen should have already slapped the tag on him and stopped the pretend negotiations.
Until they stop blinking, the agents will play them accordingly.

I don't get posters getting all upset about Lawrence using his shoulder surgery as leverage or Elliott holding out with two years left. They know Booger still remembers the Emmitt deal and what followed was the Owens deal, he made that one even worse with doing the perfect deal on the first one. They blinked with Bryant and they will blink with Prescott as well.

Prescott's agent has played this very well and capitalized with him being the DC QB with endorsements like we've never seen from a player with such short time in the league. However, that is a double-edged sword, if the Joneses choose to play stare down with him.

I don't think we can compare QB negotiations to anything else in the NFL. Not one has ever held out to see what might happen. And the relationship between the QB and HC and FO must be solid, if they have one they want to keep.

The Cowboys FO has already made the first mistake with that "rumor" that Prescott wanted 40M a year. They did that thinking that would give them leverage like the mysterious video of Dez in a parking lot that seemed to just vanish after he was signed. What happened after that was released? Most were thinking in the 25-30M range and that caused them to adjust that upwards, we saw that happen here.

The Cowboys FO just doesn't get it. If they're going to sell the stars to the public, there is a price to pay.
 

charron

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Tag cannot be applied until after the current season done, i.e. right before the new season starts on March 1st.


True. But stephen could also just say either accept the offer or we will tag you at that time. But instead he says he'll get Dak signed meaning Dak's agents know Stephen will pay more.
 

charron

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Until they stop blinking, the agents will play them accordingly.

I don't get posters getting all upset about Lawrence using his shoulder surgery as leverage or Elliott holding out with two years left. They know Booger still remembers the Emmitt deal and what followed was the Owens deal, he made that one even worse with doing the perfect deal on the first one. They blinked with Bryant and they will blink with Prescott as well.

Prescott's agent has played this very well and capitalized with him being the DC QB with endorsements like we've never seen from a player with such short time in the league. However, that is a double-edged sword, if the Joneses choose to play stare down with him.

I don't think we can compare QB negotiations to anything else in the NFL. Not one has ever held out to see what might happen. And the relationship between the QB and HC and FO must be solid, if they have one they want to keep.

The Cowboys FO has already made the first mistake with that "rumor" that Prescott wanted 40M a year. They did that thinking that would give them leverage like the mysterious video of Dez in a parking lot that seemed to just vanish after he was signed. What happened after that was released? Most were thinking in the 25-30M range and that caused them to adjust that upwards, we saw that happen here.

The Cowboys FO just doesn't get it. If they're going to sell the stars to the public, there is a price to pay.


Agreed. It's not Dlaws fault or Zeke's. They played the Jones family and got what they wanted. It's upto the Jones's to say hey we will not sign a guy who holds out like zeke did or they should have told dlaw to get the surgery sooner or get tagged again. That is 100% on them for what they allow.
 

zekecowboy

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Our front office are great negotiators. Lol

Love how they handled Zekes holdout and Daks tag. Lol

You mean Stephen Jones saying we are going to sign Dak because he was a great quarterback this year. You say that after he signs, not before.
 
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