Dallas Cowboys quarterback Dak Prescott reportedly has received his final offer for a contract extension.
According to NFL Network's Jane Slater, the team is prepared to sign Prescott for an average annual salary of between $33 million and $35 million with more than $100 million guaranteed.
The deadline for Prescott to strike a deal or accept the franchise tag is July 15 at 4 p.m. ET.
Slater reports the two sides have not yet discussed the latest offer together.
This article will be updated to provide more information on this story as it becomes available.