"I've got confidence something will get done that's good for both of us," Prescott said. "Being the Cowboys' QB is second to none. There are very few positions in all of sports that are comparable."
Prescott will become a free agent at the beginning of the 2020 league year March 18.
Dallas selected Prescott in the fourth round of the 2016 NFL draft. He has started all 64 of the team's regular-season games (and three playoff contests) since Week 1 of his rookie campaign.
Prescott, a two-time Pro Bowler, also won the Associated Press' NFL Offensive Rookie of the Year award.
The 6'2", 238-pound signal-caller registered career highs with 30 touchdown passes and 8.2 yards per pass attempt last year. He also completed 65.1 percent of his throws and rushed for 277 yards and three scores.
Dallas struggled en route to an 8-8 record in 2019 and missed the playoffs, but the offense largely excelled. The unit finished sixth in scoring and second in Football Outsiders' DVOA (defense-adjusted value over average).
Prescott played a big part in that success, and re-signing with the Cowboys seems to be inevitable.
Recent comments made by Cowboys owner Jerry Jones and executive vice president Stephen Jones back that assertion.
"We know what our future is there," Jerry Jones said of Prescott last week, per Aaron Wilson of the Houston Chronicle. "We'll keep our head down and keep working on that."
"Not even a thought," Stephen Jones said on 103.3 ESPN Radio when jokingly asked about whether Dallas would call soon-to-be free agent Tom Brady (h/t Charean Williams of Pro Football Talk). "We're so, so all-in on Dak. [Cowboys head coach Mike McCarthy] is so all-in on Dak. He's so convicted that [Dak's] the guy that can help us win championships. He's putting together a great staff to support him."
Prescott has led Dallas to a 41-26 record (including playoffs) and two postseason appearances.