Cowboys’ Dak Prescott officially signs his $31.4 million exclusive franchise tag

DALLAS, Texas -- Dak Prescott will be a Cowboy for at least one more year.

A Dallas Cowboys source confirmed to ABC affiliate WFAA that the Cowboys’ quarterback has officially signed his $31.4 million exclusive franchise tender. The tag ensures the 26-year-old Prescott will remain with the team through 2020.

Even though he signed, the quarterback and the Cowboys still have until July 15 to work out a long-term deal. The Cowboys assigned the franchise tag to Prescott in mid-March.

Prescott joined the Cowboys in 2016, and has started every game since replacing an injured Tony Romo in the 2016 preseason. 

He was a Pro Bowler in 2016 and 2018 and threw for 30 touchdown passes and almost 5,000 yards last season.

The news of the signing was first reported by ESPN.