The Dallas Cowboys Have Agreed To A New $160 Million Deal With Dak Prescott

For more than a year, the big question for the Dallas Cowboys was whether they would be willing to work out a long-term contract with quarterback Dak Prescott. After Prescott begrudgingly signed his franchise tender a year ago, there was plenty of wonder about his future, particularly coming off of a devastating ankle injury that ended his season early last year.

However, rather than having to once again franchise tag Prescott to the tune of over $37 million, the team announced on Monday evening that they had worked out a longterm deal with the Mississippi State product to keep him in Dallas for years to come.

It didn’t take too long for the contract details to get reported once the Cowboys announced the deal, with ESPN’s Adam Schefter bringing word that his deal was a four-year, $160 million contract with a record-setting $126 million in guaranteed money coming his way. Ian Rapoport of NFL Network added that his deal includes a no-trade clause, meaning the Dallas signal-caller will be there at least until he decides he wants out.

Dak also gets most of that money up front, with $75 million coming in 2021 thanks to a $66 million signing bonus, a record in the NFL.

It’s big money for Dak, who gets the financial security he has wanted as well as being paid with the best in the league. Dallas is obviously confident in Prescott as the man who can help lead them to a return to prominence, but now the question turns to whether they have the roster around him to make that jump.