Reports Suggest Jerry Jones Is Breaking the Bank for This Dallas Star With $30,000,000 Extension

Dallas Cowboys is leaving no stone unturned for the next season! Jerry Jones is gearing up for some major investments in the upcoming months as the franchise anticipates contract extensions, particularly in pivotal positions. When it comes to top picks, QB Dak Prescott is entering the second year of his four-year $160 million deal which currently ranks him as the tenth highest salary in his position. And there are others as well.

Micah Parsons, the linebacker who is three years left on his rookie contract is expected to command a deal of around $35 million. Other notable players such as RB Tony Pollard, Terence Steele, and CB Trevon Diggs are also due for potential extensions. WR CeeDee Lamb secures the center stage of contract talks as recent reports indicate that is poised to grab a lucrative deal extension worth $30,000 million.

What does the extension say

According to a projection by Jon Machota of The Athletic, the Cowboys are believed to be mulling over a contract extension that could land CeeDee Lamb’s annual salary within the range of $25 million to $ 30 million.

Machota observed while assessing the priority of different players on contract extensions, Lamb should be the second priority, just behind quarterback Dak Prescott.

He also notes that the top 10 highest-paid receivers in the league all earn at least $20 million every year, and the top five wide receivers earn around $24 million on average annually, emphasizing the high market value of the position.

Currently, CeeDee Lamb is still playing under his rookie contract, which earns him a  salary of $4.5 million for the current season. This places him at the 46th spot in terms of receiver payscale across the leagues.

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The team chose to retain him for the 2024 season in April, which is scheduled to pay Lamb approximately $18 million. However, these figures dip way below the projected earnings for Lamb if he were to explore the open market.

A rising star in the league

Lamb was chosen by Dallas in the first round of the 2020 NFL draft as the 20th overall pick. Since his rookie season, the wideout has showcased an impressive career establishing himself as one of the best wide receivers in the league. During his rookie season, he caught 74 balls for 935 yards and five touchdowns. In the subsequent year, he continued to excel with a record of 79 catches for 1,102 yards and six touchdowns.