Dak Prescott and the Cowboys finalize a record-breaking $240M contract deal.

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The Dallas Cowboys and star quarterback Dak Prescott have finalized a historic four-year, $240 million contract extension, making Prescott the highest-paid player in NFL history, according to sources from ESPN. The record-breaking deal includes $231 million in guaranteed money, surpassing Deshaun Watson’s $230 million fully guaranteed contract with the Cleveland Browns. With an average annual value of $60 million, Prescott’s contract outshines recent deals by Joe Burrow, Jordan Love, and Trevor Lawrence. The agreement also includes a record $80 million signing bonus, exceeding the previous record of $75 million.

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Announced just before the Cowboys' season opener against the Browns, the extension secures Prescott’s future in Dallas through the 2028 season. This move helps Dallas avoid potential salary cap challenges and solidifies their franchise quarterback. The Cowboys also locked in wide receiver CeeDee Lamb with an extension, securing both star players through 2028.

Prescott was initially set to play the final year of his four-year, $160 million contract, but the new agreement prevents him from entering free agency next year. The extension cements Prescott’s status in Cowboys history and ensures the team won’t need to look for a new quarterback for several seasons. At 31, Prescott has led the Cowboys to the playoffs five times, though the team has yet to advance beyond the divisional round. His leadership, paired with head coach Mike McCarthy, keeps Dallas competitive despite recent postseason challenges.

The Cowboys remain focused on ending their nearly 30-year Super Bowl drought, with this deal highlighting their commitment to Prescott as the key to achieving that goal. Prescott is already one of the top quarterbacks in franchise history, trailing only Tony Romo and Troy Aikman in passing yards and touchdowns. This extension further strengthens his legacy, while aiming to deliver the long-awaited Super Bowl victory for Dallas.

Off the field, Prescott is known for his charitable work through the Faith, Fight, Finish Foundation, and was honored with the prestigious Walter Payton Man of the Year Award in 2022 for his contributions to the community.

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The Dallas Cowboys and star quarterback Dak Prescott have finalized a historic four-year, $240 million contract extension, making Prescott the highest-paid player in NFL history, according to sources from ESPN. The record-breaking deal includes $231 million in guaranteed money, surpassing Deshaun Watson’s $230 million fully guaranteed contract with the Cleveland Browns. With an average annual value of $60 million, Prescott’s contract outshines recent deals by Joe Burrow, Jordan Love, and Trevor Lawrence. The agreement also includes a record $80 million signing bonus, exceeding the previous record of $75 million.  Announced just before the Cowboys' season opener against the Browns, the extension secures Prescott’s future in Dallas through the 2028 season. This move helps Dallas avoid potential salary cap challenges and solidifies their franchise quarterback. The Cowboys also locked in wide receiver CeeDee Lamb with an extension, securing both star players through 2028.  Prescott was initially set to play the final year of his four-year, $160 million contract, but the new agreement prevents him from entering free agency next year. The extension cements Prescott’s status in Cowboys history and ensures the team won’t need to look for a new quarterback for several seasons. At 31, Prescott has led the Cowboys to the playoffs five times, though the team has yet to advance beyond the divisional round. His leadership, paired with head coach Mike McCarthy, keeps Dallas competitive despite recent postseason challenges.  The Cowboys remain focused on ending their nearly 30-year Super Bowl drought, with this deal highlighting their commitment to Prescott as the key to achieving that goal. Prescott is already one of the top quarterbacks in franchise history, trailing only Tony Romo and Troy Aikman in passing yards and touchdowns. This extension further strengthens his legacy, while aiming to deliver the long-awaited Super Bowl victory for Dallas.  Off the field, Prescott is known for his charitable work through the Faith, Fight, Finish Foundation, and was honored with the prestigious Walter Payton Man of the Year Award in 2022 for his contributions to the community.

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