Dak Prescott protects his future with insurance policies and advertising agreements


There are just over 50 million reasons why Dak Prescott did not demand a new contract with the Dallas Cowboys.

Prescott has insurance contracted for loss of value and disability, as well as advertising contracts that, together, are valued at more than $ 50 million, sources from the league told ESPN.

Insurance protects the quarterback if he suffers an injury that ends his career. Advertising agreements, which have a higher value than the regular NFL winners, are valid for several years, according to sources.

Dak Prescott could be labeled as a franchise player in Dallas in 2020 in case of not reaching a new contractual agreement. Getty Images / Tom Pennington

The defensive lineman Aaron Donald also hired insurance to protect himself from serious injuries while negotiating his long-term contract last year with Los Angeles Rams.

However, unlike Donald, who reportedly rejected an offer that would have guaranteed him $ 90 million while forcing him to take the risk of playing with the Rams with a base salary of $ 1.8 million in 2017, Prescott added security from advertising contracts and profits outside the field, to the economic protection of insurance, which can be difficult to collect.

All this contributes to the perception of Prescott and why he has not been in a hurry to reach an agreement with Dallas that he considers fair, according to the sources. Both parties have negotiated, but, although the quarterback would like to have a new contract, he does not feel the need to have it this campaign.

The point is that Prescott is not in the same economic situation as a typical player recruited in the fourth round of the draft who might be forced to accept a suitable offer for the team. Whether you are labeled as a franchise player for more than $ 30 million, your insurance or advertising contracts appear on the scene or Dallas gives you a free agent, Prescott seems to be in a unique situation.

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In the past recess of the season, the Cowboys have given new contracts to runner Ezekiel Elliott, defensive end DeMarcus Lawrence, linebacker Jaylon Smith and right tackle La'el Collins valued at $ 185.5 million in guaranteed money and will now fix their attention on Prescott and receiver Amari Cooper.

One factor that the Cowboys must keep in mind is that they can not only tag one player next season break but two.

If there is no agreement to extend the collective bargaining agreement before the start of next season, teams can use franchise or transition player tags in potential free agents, which means that the Cowboys would have the ability to tag Prescott and cornerback Byron Jones.

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