Per Cowboy Wire:
Dallas signed Prescott to a four-year, $240 million extension beyond what was already on the books for 2024. The extension has four void years at the end, allowing Dallas to restructure each season and push cap hit off into the future. As currently constructed, Prescott will count $89 million against the 2025 cap. If the Cowboys want to escape the deal sooner than later, they will not touch this very much, if at all. The other option is to move up to $36 million of cap hit into the future.
Eating Prescott's big cap hit in 2025 allows the Cowboys to see some cap savings in 2026 and a ton in 2027, if they decide to roll with a draft pick in Year 2 or Year 3. Dallas would save $6 million in space if they traded Prescott in 2026, and if he started the next two seasons they'd see $28 million in savings in 2027.
Allowing Prescott to rebuild his value in 2025, trading him for multiple first-round picks and having a new franchise signal caller already in tow seems like a viable path forward for the next head coach.
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