Hawkeye0202
Well-Known Member
- Messages
- 23,567
- Reaction score
- 43,345
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
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