Dak Prescott remains in negotiations for a contract extension with the Dallas Cowboys as he enters the final season of his current four-year, $160 million deal. Despite the lack of progress, Prescott expressed confidence that a deal can be reached, emphasizing that 'the money is out there' for both sides to work something out. With the quarterback market expanding, highlighted by recent record deals for players like Trevor Lawrence and Joe Burrow, Prescott's next contract is expected to be substantial. The Cowboys, who have a profitable franchise, currently have $12 million in cap space, but owner Jerry Jones has been vague about the negotiations. Prescott has indicated he prioritizes the upcoming season over the financial specifics, trusting his agent to handle discussions. If an extension isn't reached, Prescott would become a free agent in 2025, leading to significant cap implications for Dallas.