Another quarterback contract has risen the market, making the Dallas Cowboys deal with Dak Prescott look even better. When the two sides agreed to a 4-year $160 million deal, with $126 million guaranteed, it was met with mixed results.
While some believed the absence of Dak on the Cowboys offense during the 2020 season following his injury really highlighted his value to the organization, others believed that he hadn’t yet earned it. Having one playoff win in his first four seasons.
The reality is that the QB market is NOT based on which QB is best, but rather which QB is next. How they are individually valued is entirely subjective from the perspective of who values the player. Now, another player has reset the market.
With Arizona Cardinals QB Kyler Murray now signed to a heavy extension, it makes the Dak deal seem even more team-friendly.
BREAKING NEWS: KYLER GOT PAID.— PHNX Sports (@PHNX_Sports) July 21, 2022
Kyler Murray and the Arizona Cardinals have agreed to a five-year, $230.5 million deal.
Murray is now the second highest paid QB average at $46.1 million per year. pic.twitter.com/5w1thb5E8g
Murray was in a group of QB’s who were next in line to get paid. Now raising the asking price for a Pro-Bowl level starting passer. Regardless of how the feelings between the organization and Murray appeared on the outside, they weren’t ready to let go of their best passer since Carson Palmer.
In fact, ever since Dak’s deal was signed, the market has only skyrocketed, in only a year’s time (numbers provided by Spotrac):
- Aaron Rodgers – 3 years, $151 million. Fully guaranteed.
- Josh Allen – 6 years, $258 million. $150 million guaranteed.
- Derek Carr – 3 years, $121.5 million. $65 million guaranteed.
- Patrick Mahomes – 10 years $450 million. $141 million guaranteed.
- Deshawn Watson – 5 years $230 million. Full guaranteed.
- Matthew Stafford – 4 years $160 million. $130 million guaranteed.
Dak is still under contract until 2025, following his restructure. By 2024, the market as well as his future with the Dallas Cowboys will be much clearer. It wouldn’t be a surprise to see him request a new extension before then.
At the moment, his contract is one of the most valuable deals in the NFL. The cost of having a franchise QB always is. Especially in an ever-changing market.
With the Kyler Murray deal now inked in, it sets the table for the next QB to get paid. Lamar Jackson, Joe Burrow or even Justin Herbert. By the time Dak’s next chance for a new deal rolls around, it will make his current contract look like chump change.
Mandatory Credit: Kyle Terada-USA TODAY Sports