First of all, though it's reasonable to assume so, the season isn't "lost" if Dak is under center again this year. Nobody knows that. The NFL has seen many, many surprises over the years. Even had the Saints win a SB! (Sorry, had to get a dig in on them, Cowboys fan in Louisiana here.

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But aside from that, regardless of what they do with Dak, it's probably ain't gonna be pretty. Pay him and hope like heck a dozen returning players and 5 draft picks turn into All Pros, cut him and have to go with a so-far bust at quarterback (Lance) or a classic bus driver qb (Rush) or some free agent castoff or extend Dak's contract and take a shot on signing some free agent that has one or two more great years in him.
But whatever happens, though I'm not holding out hope for this team, I'm not throwing them in the trash bin months before the season starts, either. Cowboys are my team, regardless, can't start off 2024 with a "woe is us" viewpoint...