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Exclusive franchise tag number for Cowboys QB Dak Prescott recalculated, now officially over $31M

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Will a new deal come soon between the Cowboys and Dak Prescott?

NFL: Oakland Raiders at Dallas Cowboys Tim Heitman-USA TODAY Sports

The Dallas Cowboys have their hands full this week with the 2020 NFL Draft going on, but needless to say they have been quite busy this offseason. Since the 2019 season ended, the Cowboys moved on from Jason Garrett, brought in Mike McCarthy, re-signed Amari Cooper, signed players like Gerald McCoy and Ha Ha Clinton-Dix, and watched contributors like Byron Jones and Robert Quinn find new homes.

Among the things still needing action for the Cowboys is a long-term deal for quarterback Dak Prescott. Things have seemingly gone back and forth for about a year now, but with the franchise tag in place there are still a couple of months left on the clock before things get really interesting/troubling.

Dak Prescott’s exclusive franchise tag is officially worth over $31M

Initial speculation was that this year’s exclusive franchise tag for quarterbacks would be around $33 million. The placeholder number that was presented was $27 million. Now we have an official calculation. According to NFL Network’s Ian Rapoport, the number that Prescott is on the books for if he plays under the tag is officially $31.409 million.

Rapoport’s note came on Tuesday, a day after news that the Cowboys and Prescott have spoken in the last couple of weeks and had “positive talks.”

There is still plenty of time to work out a deal, and while we might not be in the eleventh hour just yet, the sooner things can get worked out the better.