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Report: Cowboys, Prescott resume extension talks

Thearon W. Henderson / Getty Images Sport / Getty

The Dallas Cowboys and franchise-tagged quarterback Dak Prescott have resumed contract negotiations, a source told ESPN's Ed Werder.

Prescott was hit with the exclusive tender, which means he can't negotiate with another team. If the two parties don't agree to a long-term extension by July 15, the signal-caller will earn $33 million on the one-year deal.

The 26-year-old reportedly turned down a new contract worth $33 million per season with $105 million guaranteed in early March.

That annual figure would've put Prescott behind only Russell Wilson ($35 million), Ben Roethlisberger ($34 million), Aaron Rodgers ($33.5 million), and Jared Goff ($33.5 million).

Prescott is looking for his first career extension after earning $4.03 million over four years on his rookie deal. In 2019, the passer produced career highs in yards (4,902) and touchdowns (30).

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