After no long-term deal could be reached between the two sides, the Dallas Cowboys have placed the exclusive franchise tag on quarterback Dak Prescott according to multiple sources.
The exclusive tag gives the two sides until July 15 to work out a long-term deal. If no deal can be reached, Prescott will play for the Cowboys under the franchise tag. If no deal is reached and he has to play on the franchise tag, Prescott will earn $31.5 million in 2020.
Prescott, 26, was selected by the team in the fourth round of the 2016 NFL Draft. He was projected to be Tony Romo’s backup, but when Romo went down with injury, Prescott played well enough to earn the starting job. In his four seasons, he has thrown for 15,778 yards, 97 touchdowns and 36 interceptions on 65.8 percent completion. He has also rushed for 1,221 yards and 21 touchdowns in his career.
Placing the franchise tag on Prescott means that two of the team’s other big names will hit the free-agent market. Wide receiver Amari Cooper will likely receive offers from the Cowboys, while cornerback Byron Jones will probably be on a new team next season.
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