Monday, 8 March 2021

Cowboys, Dak Prescott Agree to Record-Setting 4-Year Contract: Report

It. Is. Over.

After nearly two calendar offseasons, the Dallas Cowboys have locked down their franchise quarterback with a long-term contract. The Cowboys signed Dak Prescott to a four-year deal, the team announced Monday.

According to ESPN’s Adam Schefter, Prescott’s pact is worth up to $164 million overall with an NFL record $126 million in guarantees and a $66 million signing bonus. He’ll earn an average of $42 million annually over the first three years — $75 million in year one, the biggest single-season payout in league history. He also worked in a no-trade clause and no-tag provision, per NFL Network’s Ian Rapoport.

Prescott’s brother, Tad, confirmed the signing on Twitter.

The Cowboys will officially announce Prescott’s landmark agreement during a Wednesday press conference.

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