Dak Prescott Contract: Salary, Extension, Cap Hit

Dramatic rounds of high-stakes contract speculation have come to define the late Jerry Jones era in Dallas. 

Perhaps no contract drama rivaled that of quarterback Dak Prescott. For years, Prescott sought a new contract from Jones and the front office that would adequately compensate him for his extensive franchise duties as the face of the Dallas Cowboys.

Despite a series of early playoff flameouts, Jones finally capitulated in 2024, rewarding Prescott with a four-year extension worth nearly a quarter of a billion dollars. 

Dak Prescott Contract

Dak Prescott signed a four-year, $240 million contract extension with the Cowboys on Sept. 8, 2024. The extension began 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 $40 million from his NFL contract in 2026. 

Most of that money has already been converted to a signing bonus and paid out after Prescott agreed to the conversion earlier this year. His remaining base salary is $1.8 million.

The move saves about $30 million in cap space for Dallas, which should have a positive impact on the Cowboys odds.

Dak Prescott Cap Hit

Dak Prescott’s cap hit after his 2026 restructure was $44,589,885.