The 2024 NFL is in full swing, but players are still finalizing deals and securing contracts. One of the most lucrative deals recently announced was that of Dallas Cowboys quarterback Dak Prescott.
Prescott entered the league in 2016 as the round four, 135th pick. In the 2023-2024 season, he completed 410 passes for 4,516 yards and 36 touchdowns. This level of play has made him a mainstay for the Cowboys organization, prompting high-level negotiations for his most recent contract.
According to Spotrac data, Prescott inked a four-year deal with the Dallas Cowboys worth $240 million. The contract includes a $80 million signing bonus and guarantees totaling $231 million, with an average annual income of $60 million. For the 2024 season, Prescott is set to receive a base salary of $1.25 million, along with the $80 million signing bonus.
The contract extension was completed after the season-opener vs. the Cleveland Browns. However, the 31-year-old athlete didn’t let the lingering deal impact his in-game play, winning the game 33-17.
“If you would have asked me this [Saturday], I would have said I was going in the game without one,” Prescott said in an interview via ESPN. “That didn’t mean the contract talks was going to end, but I was just going to focus on what I could control.”
Although the negotiations went into the first week of in-season play, Prescott clarified that lingering talks did not indicate his desire to leave the Cowboys organization.
“At the end of the day, it’s a business,” Prescott said. “I’m going to say it: I want to be here, but when you look up, all the great quarterbacks I’ve watched played for other teams. So my point in saying that is that’s not something to fear. That may be a reality for me one day. That may not be my decision.”
With his focus on the future, the massive deal made Prescott the highest-paid player in NFL history. The historic moment signals an all-in approach as the team looks to have some significant success, hoping to land its first Super Bowl title in nearly 30 years.
