Cowboys EVP outlines reasons for ‘holding money back’ as Dallas sweats on CeeDee Lamb, Dak Prescott’s contract extensions

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Following a defeat to the Green Bay Packers in the wild-card round of the previous season, the Dallas Cowboys were eliminated from the postseason. Following the game, team owner Jerry Jones declared that he would go “all in” this offseason to end the team’s three-decade Suρer Bowl drought and that he wasn’t scаred to spend money.

Executive vice president of the Dallas Cowboys Stephen Jones, his son, stated during an interview on 105.3 The Fan that he believes the franchise has been “all in” every season.

Although he acknowledged that Dallas uses the salary cap every season, he also provided an explanation for why he hasn’t signed any more significant free agents this winter.

According to Stephen Jones, they have to forgo spending money on other players in order to sign Dak Prescott, Micah Parsons, and CeeDee Lamb.

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It does not imply that it occurs instantly. However, if you want to have a realistic shot of signing players like Micah Parsons, Dak Prescott, and CeeDee Lamb, you have to hold back money.” Said Jones.

The Dallas Cowboys fan base is impatiently waiting for the organization to sign one of their key players to a contract extension. With Jones’ recent stance that he is saving money for those contracts, fans’ patience may start to run even thinner.

What could a Cowboys contract extension look like for Dak Prescott?

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In March 2021, quarterback Dak Prescott agreed to a $160 million, four-year contract extension. The 30-year-old quarterback’s contract is about to expire, and there have been persistent speculations for months about an extension.

Over the past year, the market for quarterback contracts has expanded significantly. Jalen Hurts, the quarterback for the Philadelphia Eagles, signed the first quarterback contract worth more than $50 million per season. Joe Burrow of the Bengals inked a $55 million contract, while Lamar Jackson of the Ravens and Justin Herbert of the Chargers have comparable deals.

Dak Prescott, who makes about $55 million a season, will probably be the highest paid quarterback in the NFL after a potential contract extension. According to Spotrac’s most recent estimate, a three-year contract of $180 million, or $60 million per season, may be reached.

What could a Cowboys contract extension look like for CeeDee Lamb?

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CeeDee Lamb, a wide receiver, did not show up for the Dallas Cowboys’ optional practices this week. The wide receiver’s contract had a fifth-year option that Dallas chose to exercise, giving him $17.199 million for the 2024 NFL season.

The first-team All-Pro, 25, has declared that he will delegate the negotiation process with the team to his agent.Spotrac reports that CeeDee Lamb may agree to a contract extension worth between $30 and $31 million annually. A four-year contract projected to be worth $120 million per season.