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Dez Bryant, Demaryius Thomas agree to contract extensions

Another franchise tag domino falls. Dez Bryant has agreed to a five year deal with a $20 million signing bonus.

Andrew Weber-USA TODAY Sports

Fooch's Note: And now Demaryius Thomas has his deal at 5 years, $70 million, with $43.5 million in guarantees. And there you go.

After much back and forth, the Dallas Cowboys and Dez Bryant have come to terms on a five-year contract extension, worth a reported $70 million. PFT is reporting the deal includes a $20 million signing bonus, $45 million in full guarantees as of next March.

The Cowboys placed their franchise tag on Bryant, and he was threatening to skip games if a long-term deal was not reached. As one should expect, it was a lot of talk on both sides, but a deal was finally done. Considering how great a wide receiver Bryant is, congrats to him for cashing in.

Bryant joins Justin Houston in getting a deal done before the franchise tag deadline ended those hopes. Had they not gotten deals done by 1 p.m. PT today, they would have had to wait until after the season to sign a long-term deal. And that is now where Demaryius Thomas potentially sits. He and the Denver Broncos have been unable to work out an extension, and barring a last minute deal, he will have to sign his franchise tender at some point.

There has been some talk Thomas might choose to skip games if a deal was not done. Now we get to wait and see if he will hold true to that threat. I highly doubt we see him for most of Denver Broncos training camp. He is technically not under contract, so he does not face fines for missing camp. However, will he forego salary and skip the early portion of the Broncos regular season schedule? If he is back for the final six games, he gets credit for the season, and thus the Broncos would either have to place the higher franchise tag on him next year, trade his rights, or let him walk as a free agent. An 11-week absence (ten games plus the bye week) might make the Broncos think twice about another run through this situation. We'll see what September brings us.