Over the past year, Dak Prescott’s potential contract extension with the Cowboys might have been the most interesting topic in the NFL. It’s right up there with Super Bowl odds and Taylor Swift mania.
After months of media frenzy, hot takes, and heavy discussion around Prescott’s market value, Cowboys owner and general manager Jerry Jones finally opened up his checkbook and agreed to new contract terms with Prescott. The new contract was announced right on the eve of the 2024 NFL season.
Whether or not the two parties actually agreed to terms at the most dramatic moment possible? Well, that’s up for debate. But with Prescott now signed, and the CeeDee Lamb contract also locked up for the next few years, bettors should continue to target the Cowboys’ odds.
Dak Prescott Contract
Dak Prescott signed a four-year, $240 million contract extension with the Cowboys on Sept. 8, 2024. The extension begins in 2025 and runs through 2028.
The deal includes a full no-trade clause, and Prescott cannot have the franchise tag used on him following the 2028 season.
Dak Prescott Signing Bonus
Dak Prescott received an $80 million signing bonus after agreeing to his new 2024 contract extension.
Dak Prescott Salary
Dak Prescott will make $1.25 million in base salary for the 2024 season. After accounting for his signing bonus, though, his total cash for 2024 is $81.25 million.
Over the life of his contract extension, Prescott’s average annual salary is $60 million.
Dak Prescott Guaranteed Money
Dak Prescott’s contract extension includes $129 million in guaranteed money at signing.
In total, Prescott’s contract calls for up to $231 million to be guaranteed by the spring of 2027.
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