Lamar Jackson Signs for $260 Million; Cowboys QB Dak Prescott Next Up for New Contract?

The Ravens have a new contract for QB Lamar Jackson, following up on the Philadelphia Eagles doing the deal with Jalen Hurts, all of which naturally leads to a Dallas Cowboys-related question: What about Dak Prescott?

FRISCO - The Baltimore Ravens have a new contract for QB Lamar Jackson, a fact that naturally leads to a Dallas Cowboys-related question: What about Dak Prescott?Jackson and the Ravens have an "agreement in principle'' on a five-year deal which will surely propel him onto the said plateau that was just inhabited by Philadelphia Eagles QB Jalen Hurts.

The Cowboys are looking to make Prescott their quarterback for the next decade, as owner Jerry Jones told us when CowboysSI.com attended the recent NFL Owners' Meeting in Phoenix. So ... what are we waiting for?

That same wait time has now seen the Eagles reset the quarterback market with their five-year, $225 million contract handed to Jalen Hurts. In the deal, not only did Hurts receive $179.3 million in guaranteed money, but he also got the franchise to put a no-trade clause in the contract for the first time in team history.

Hurts' new deal was the benchmark the Cowboys will likely have to clear in a potential Prescott extension. But the Cowboys shouldn't wait much longer. That price of $51 million APY, which the Eagles are valuing Hurts at, will inevitably rise with the next new contract. And coming down the track are Cincinnati Bengals quarterback Joe Burrow and Justin Herbert of the Los Angeles Chargers and ... Baltimore's Jackson is no longer coming down the track. They got a difficult deal done in Baltimore.

Oh, and it's $260 million for the five years, with $185 million guaranteed ... so now Lamar is the highest-paid player in NFL history.

In theory, getting a deal done with Prescott before others could be the difference between paying him around $52 million (APY) if they get it done quickly rather than paying him closer to $60 million (APY) if they wait. ... with that number likely rising by the month - making the best time now.

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Mike Fisher
MIKE FISHER

Mike Fisher - as a newspaper beat writer and columnist and on radio and TV, where he is an Emmy winner - has covered the NFL since 1983 and the Dallas Cowboys since 1990, is the author of two best-selling books on the Cowboys.