Prescott plans to sign his franchise tender with Cowboys on Monday as the two parties work out a long-term deal. “The two sides have until July 15th to work out a long-term deal,” said Schefter. There has been communication between both sides, but the Cowboys and Prescott have been unable to reach an agreement on a long-term contract. It was reported that Dak was looking to become the second highest paid QB annually, just behind Russell Wilson. “Prescott’s decision to sign the franchise tender is not an indication that a long-term deal is close,” said Ed Werder of ESPN. He had a career-year in 2019, throwing for 4,902 yards with a 30:11 TD:INT ratio across 16 games. Dak is currently third among all quarterbacks in the latest expert consensus rankings.