Dallas has historically preferred longer extensions with more team control. The team has recently signed RB Ezekiel Elliott and LB Jaylon Smith to six-year extensions, but dropped to a five-year deal for Prescott.
The quarterback, however, is digging in on four years, per Florio, and anything more is considered to be a dealbreaker.
Prescott will reportedly sign his franchise tender Monday which ends any chance of a holdout. The two sides have until July 15 to work out a long-term deal.
Otherwise, Prescott will play out the 2020 season on the one-year, $31.4 million tender and the two sides will return to the table after the season.
Prescott, 26, is a former fourth-round pick of the Cowboys back in 2016. He’s entering the final year of his four-year, $2.72 million contract and was in line to be an unrestricted free agent this offseason.
In 2019, Prescott appeared in all 16 games and completed 65.1 percent of his passes for 4,902 yards, 30 touchdowns and 11 interceptions. He has also rushed for 277 yards and three touchdowns for Dallas. Pro Football Focus rated him as the No. 10 quarterback out of 37 qualifying players.
We’ll have more regarding Prescott and the Cowboys as the news is available.