He is to become a restricted free agent this spring.
"I'd say Bailey is restricted, so he's not all (for) practical purposes not going anywhere," Cowboys executive vice president Stephen Jones said Wednesday. "But our goal is to get him signed to a long-term deal. We’re actually in pretty serious talks with him. I'm optimistic with that."
Bailey converted 93.3 percent of his field goal attempts in 2013, and made all 47 of his point-after-attempts. Of the 13 kickers who had double-digit attempts from between 40-47 yards, Bailey was the only one who was perfect, 10-of-10. He also made his last 21 field goal attempts of the season, tying a mark for the fourth-most consecutive field goals made in franchise history.
Bailey will go into the 2014 season trying to break the record of consecutive field goals made, set by former Cowboys' kicker, Chris Boniol, who made 27 straight in 1996.
It's unknown if the Cowboys are willing to make Bailey one of the highest-paid kickers in the league.