PFT: Simple restructuring of Dak's contract doesn't solve Cowboys' problem

[John813]

Ok well I say do a 2-3 year deal, with that money, but this is ONLY basically a 1 year rental

Add 2 void years to the 2 void years currently there.
That allows the most cap savings for 2024 for a restructure and to go, "All in"

 

[Coogiguy03]

Add 2 void years to the 2 void years currently there.
That allows the most cap savings for 2024 for a restructure and to go, "All in"

and players would agree to this kind of a deal???

 

[Chasing6]

Restructuring is preferred by most players. This isn't a paycut.
Restructuring is about reducing his base salary to league minimum, exact number based off experience, and converting the rest into a signing bonus.
He will get 28mil at once in the next few weeks, with the remaining 1.2X mil spread out over 18 weeks. Instead of 29 mil spread out over the 18 week regular season.

Dak is not going to agree to take this years pay and extend it over fake extra years, to reduce Dallas cap, so he can be gone next year.

Why would he want to do that?

I guess the part that some of you have not come to realize is Dak's agent will be making the contract that Dallas will be signing.

It will not be Jeruh and Stephen making a contract for Dak to sign.

Any witch way this works out, it will be Dak and his agent making the decision, not Jeruh. Dak and his agent are going to be more than comfortable playing out the last year of his contract for $58M if he needs to. Then he will go to the highest bidder next year or the team he feels most comfortable with.

 

[John813]

and players would agree to this kind of a deal???

I don't see why not. It doesn't impact their ultimate payday for the current year, nor does it delay his free agency if no extension is reached.

Restructuring with 2 void years or 4 void years has no impact on the check he would receive. It also has no impact on the team if they can't resign him. From a cap perspective, short term at least, if the Cowboys extended Prescott prior to the contract voiding they would have smaller cap hits in the first few years of the extension due to the 2024 restructure spreading over more years.

If extended the dead cap from the restructures on his current contract won't accelerate all into 2025.
They would stay as is on his next contract.

 

[Coogiguy03]

I don't see why not. It doesn't impact their ultimate payday for the current year, nor does it delay his free agency if no extension is reached.

Restructuring with 2 void years or 4 void years has no impact on the check he would receive. It also has no impact on the team if they can't resign him. From a cap perspective, short term at least, if the Cowboys extended Prescott prior to the contract voiding they would have smaller cap hits in the first few years of the extension due to the 2024 restructure spreading over more years.

If extended the dead cap from the restructures on his current contract won't accelerate all into 2025.
They would stay as is on his next contract.

ok i'm going to stop bugging you, thanks so much for the info you cleared things up and made it plain thanks so much

 

[John813]

Dak is not going to agree to take this years pay and extend it over fake extra years, to reduce Dallas cap, so he can be gone next year.

Why would he want to do that?

I guess the part that some of you have not come to realize is Dak's agent will be making the contract that Dallas will be signing.

It will not be Jeruh and Stephen making a contract for Dak to sign.

Any witch way this works out, it will be Dak and his agent making the decision, not Jeruh. Dak and his agent are going to be more than comfortable playing out the last year of his contract for $58M if he needs to. Then he will go to the highest bidder next year or the team he feels most comfortable with.

You need to understand the proration of a restructure isn't the players actual pay being spread out over the void years. It is simply dead cap for the team to waddle through for cap accounting. Salary hit does not equal cap hit
Dak still will get paid his base salary in one way or another. He isn't spreading out money he'll receive over years or taking a paycut.
Restructuring for a player means they get paid as soon as the restructure is done.
Would you want 28mil now with the remaining 1.2mil paid during the season, or 29 mil spread out over 18 weeks from September to January, with 8-9 weeks taxed in other states tax rates, which are probably higher than what Texas wants?

If Dak wants to win this year, he can create up to 23mil in cap space for the team to acquire talent.
He will still walk at the end of the year if his agent and Jones X2 can't come to a deal.
It could be already built into his contract that Dallas can restructure his deal every year. It may not.
Dallas is a heavy abuser of the restructuring method, so I would be amazed if there wasn't a clause in there.

 

[Chasing6]

I'm just stuck, so we can EXTEND, but in the end it really doesn't mean anything he'll be a FA or can be one in 2025, but by doing so helps spread the money over years thus lowering his hit on the cap so we an go ALL IN!!!!?

Only way is to extend contract 4 to 5 years with something in the range of $240/$300M contract. More importantly we can't have a no trade clause. The only numbers in the contract that really matter are the signing bonus and guaranteed money.

So they could sign him to $400m deal and pay him $150M in year 5. It does not matter because he will be gone by then.

5 year deal $280M - $200M guarantee $100M sign on bonus($20 per year)

Year 1 $15M cap $35M
Year 2 $25M cap $45M
Year 3 $35M cap $55M
Year 4 $45M cap $65M
Year 5 $60M cap $80M(cut or traded prior to) -$20m dead money.

So basically $200M guarantee. We would owe $20M per year if traded or cut early. Over the first 4 years it would average out to be $55/year.

This type of contract seems very tradeable. That is what Jerry needs to fight for.

 

[ghst187]

You can’t pay top money to a qb who needs a dominate team around him as it disallows you from building around him. And as hard as it is to find a top QB, better trying the team building and a rookie qb.

 

[Carson]

You can’t pay top money to a qb who needs a dominate team around him as it disallows you from building around him. And as hard as it is to find a top QB, better trying the team building and a rookie qb.

So do Goff and Tua get the same treatment this year?

 

[805BoysInBlue]

Dude played at an MVP level and we want to get rid of him? Lamar got paid and has done what exactly? Josh Allen got paid and has done what exactly? Same can be said for Herbert, Watson, Hurts and anyone not named Mahomes.

 

[Coogiguy03]

Only way is to extend contract 4 to 5 years with something in the range of $240/$300M contract. More importantly we can't have a no trade clause. The only numbers in the contract that really matter are the signing bonus and guaranteed money.

So they could sign him to $400m deal and pay him $150M in year 5. It does not matter because he will be gone by then.

5 year deal $280M - $200M guarantee $100M sign on bonus($20 per year)

Year 1 $15M cap $35M
Year 2 $25M cap $45M
Year 3 $35M cap $55M
Year 4 $45M cap $65M
Year 5 $60M cap $80M(cut or traded prior to) -$20m dead money.

So basically $200M guarantee. We would owe $20M per year if traded or cut early. Over the first 4 years it would average out to be $55/year.

This type of contract seems very tradeable. That is what Jerry needs to fight for.

Becoming clearer now

 

[Chasing6]

I know another thread about his contract..........but this is probably what we can expect until he gets extended or the start of free agency. This is why I've questioned whether or not they can get this done before March 13. It's a pretty hard deadline .......only 2 weeks left.


https://www.nbcsports.com/nfl/profo...tts-contract-doesnt-solve-the-cowboys-problem

Simple restructuring of Dak Prescott’s contract doesn’t solve the Cowboys’ problem​

• By
• Mike Florio

Published February 22, 2024 11:25 AM

Why would anyone think by just restructuring Dak's contract it would make our run D immediately better or magically solve all of our problems?

Anyone that thinks building a SB team is simple has no idea.

Resigning Dak is a step in freeing up cap space. It will require several more steps. Including resigning Lamb, most likely DLaw and others. Cutting Gallup and make some tough decisions on who to resign and who to let walk like Pollard.

We will have to successful predict/anticipate what pieces we think we will be available to us in the draft and then prior to acquire free agency pieces that we can't find in the draft. Then we will need to have more money to plug holes that did not get fixed in free agency or the draft or present themselves due to injury during the year.

This is what makes the NFL so challenging. No matter who we want to blame we do not have a top 20 GM in my opinion.

 

[Chasing6]

I don't see why not. It doesn't impact their ultimate payday for the current year, nor does it delay his free agency if no extension is reached.

Restructuring with 2 void years or 4 void years has no impact on the check he would receive. It also has no impact on the team if they can't resign him. From a cap perspective, short term at least, if the Cowboys extended Prescott prior to the contract voiding they would have smaller cap hits in the first few years of the extension due to the 2024 restructure spreading over more years.

If extended the dead cap from the restructures on his current contract won't accelerate all into 2025.
They would stay as is on his next contract.

If you were Dak or his agent, you would definitely see why not.

 

[Chasing6]

You need to understand the proration of a restructure isn't the players actual pay being spread out over the void years. It is simply dead cap for the team to waddle through for cap accounting. Salary hit does not equal cap hit
Dak still will get paid his base salary in one way or another. He isn't spreading out money he'll receive over years or taking a paycut.
Restructuring for a player means they get paid as soon as the restructure is done.
Would you want 28mil now with the remaining 1.2mil paid during the season, or 29 mil spread out over 18 weeks from September to January, with 8-9 weeks taxed in other states tax rates, which are probably higher than what Texas wants?

If Dak wants to win this year, he can create up to 23mil in cap space for the team to acquire talent.
He will still walk at the end of the year if his agent and Jones X2 can't come to a deal.
It could be already built into his contract that Dallas can restructure his deal every year. It may not.
Dallas is a heavy abuser of the restructuring method, so I would be amazed if there wasn't a clause in there.

So you want Dak to give up his negotiating power to help Dallas free up cap space, so he can be let go next year.

Dak will win this year. When he signs his next $200M guaranteed contract in Dallas.

 

[ghst187]

So do Goff and Tua get the same treatment this year?

Goff didn’t crap the bed in the playoffs…and is only averaging 33m per year…half what Dak wants. That extra 30m will buy a lot of good surrounding cast members.
They also drafted pretty well vs the garbage picks we had. Sure they drafted higher but man.

 

[DanA]

It’s nowhere near as bad as it was at the tail of Romo’s contract but it will be in a few years when we re-sign Dak and kick the can down the road. And there’s certainly no guarantee we find a rookie QB to start 4 years and franchise tag for us this time round.

 

[tunahelper]

I know another thread about his contract..........but this is probably what we can expect until he gets extended or the start of free agency. This is why I've questioned whether or not they can get this done before March 13. It's a pretty hard deadline .......only 2 weeks left.


https://www.nbcsports.com/nfl/profo...tts-contract-doesnt-solve-the-cowboys-problem

Simple restructuring of Dak Prescott’s contract doesn’t solve the Cowboys’ problem​

• By
• Mike Florio

Published February 22, 2024 11:25 AM

Jerry cares most about being relative in terms of winning enough to keep the peasants involved in his circus. Sure he wants to win a SB, but HE WILL NOT risk regular competitiveness in order to get a ring. He cannot and will not allow anymore consecutive 5 win seasons. To much money on the line with the stadium self financed and all.

When you realize this is his driving force (it's a business first to JJ) then his roster moves and salesman ship makes perfect sense. Dak will be signed and the snow job will continue.

 

[John813]

So you want Dak to give up his negotiating power to help Dallas free up cap space, so he can be let go next year.

Dak will win this year. When he signs his next $200M guaranteed contract in Dallas.

There is no loss of negotiating power by restructuring and agreeing to additional void years, if he even has that power in his contract.
He's still an unrestricted free agent at the end of the year with no ability of a franchise tag.

 

[darthseinfeld]

Oh I agree but can they get it done by the start of free agency? That's the pickle they are facing.........otherwise, they are forced to get below the cap other ways.

Won't be hard to get under the cap without extending Dak. Its actually having money to do anything that would be the problem

 

[John813]

Won't be hard to get under the cap without extending Dak. Its actually having money to do anything that would be the problem

https://overthecap.com/restructure#... without any action necessary from the player.

Dallas could hypothetically create 65mil in cap space if they did simple restructures across the roster.
99mil if they did max restructures and added void years.