FRISCO, Texas (CBSDFW.COM) – Dallas Cowboys quarterback Dak Prescott has his $31.4 million franchise tag on Monday, David Helman of dallascowboys.com reported first.

A long-term deal is still the goal between Prescott and the Cowboys.

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Dak Prescott #4 of the Dallas Cowboys throws a pass during the first half against the Minnesota Vikings at AT&T Stadium on November 10, 2019 in Arlington, Texas. (Photo by Tom Pennington/Getty Images)

The two sides have until July 15 to work on a long-term deal, but Prescott is officially under contract for the 2020 season and will be reporting to training camp.

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Prescott replaced Tony Romo as the Cowboys starting quarterback in 2016.

Last season, he was second in the league in passing yards with 4,902 and added 30 touchdowns.

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The Cowboys finish 8-8 and did not make the playoffs.