Dak Prescott ‘agrees to restructure contract’ with Cowboys, with quarterback’s cap hit reduced to $55million as Dallas police investigate claims of sexual assault against him
Cowboys quarterback Dak Prescott has reportedly agreed to slightly restructure his contract, bringing his 2024 cap hit to a still-high $55 million.
Prescott, who has been the team’s starter since 2016, earned MVP buzz with his play last regular season before Dallas was ousted by the Packers in the first round of the playoffs.
Now, according to ESPNPrescott’s $5 million roster bonus converts to a signing bonus, lowering the passer’s cap by $4 million.
The contract rework included adding two more voidable years in 2027 and 2028, slightly increasing Prescott’s salary cap to $40 million in 2025.
The Cowboys can create more salary cap relief with an extension for Prescott, who is coming off a wild-card loss at home to Green Bay that dropped his playoff record to 2-5.
Dak Prescott has agreed to restructure his contract after finishing second in the MVP voting
While Jerry Jones has said the club plans to retain Prescott, the team owner and general manager hasn’t struck the same definitive tone he did in 2021 before signing his franchise QB to a club-record $160 million, four-year contract.
The 81-year-old franchise owner was asked at the NFL Combine about the possibility that this upcoming season could be Prescott’s last in Dallas.
“No, I’m not afraid of that,” Jones said ESPN. ‘Well, because I am convinced that I will be better than last year. And that’s where the focus would be.
“Every player you have has a while when their contract expires. You’d walk around with the shakes if you were afraid of them. That’s not possible, because they all come forward. They can all get hurt. They could all lose some talent.”
Dallas police are investigating claims of alleged sexual abuse against Prescott
Attorneys Bethel Zehaie (left) and Yoel Zehaie (right) were sued by Prescott in response
The restructuring comes less than a week after Dallas police confirmed they were investigating claims of alleged sexual abuse against the Cowboys quarterback.
The attorney for the woman who accused Prescott vowed to file criminal charges and a lawsuit against the Cowboys quarterback, who in response had already sued them over an alleged $100 million racketeering scheme.
Victoria Baleigh Shores accuses Prescott of sexually assaulting her in the back of an SUV in 2017 after his rookie season in the NFL.
Prescott has not been charged with any crime in this case.