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Report: Cowboys Place Exclusive Franchise Tag on Dak Prescott

The Dallas Cowboys have placed the exclusive franchise tag on quarterback Dak Prescott, according to multiple reports. The tag costs the team $33 million and prevents other teams from signing him.

The team has been working on a long-term deal for weeks but has yet to reach an agreement. The Cowboys now have until July 15 to reach an agreement.

The Cowboys are reportedly also working on a long-term deal with wide receiver Amari Cooper because he can now test the free agent market.

More from Cowboys Maven as Mike Fisher explores what comes next.