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Dak Prescott, Cowboys agree to new deal with record $126M guaranteed

(AP Photo / Ron Jenkins)

It would apparently take something much worse than a drastic, season-ending leg injury to deter the Dallas Cowboys from signing their star quarterback to a long-term deal.

Per ESPN’s Adam Schefter, the Cowboys and quarterback Dak Prescott agreed to a four-year, $160 million deal on March 8, 2021, about five months after Prescott’s 2020 season ended due to a compound right ankle fracture and dislocation.

The contract, which actually runs six years and voids after four for salary cap purposes, features a no-trade clause, a no-franchise tag clause, and a record-breaking $126 million guaranteed.

The deal reportedly also includes a $66 million signing bonus and $75 million in the first year, both of which go down as the highest amount in NFL history.

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All in all, Prescott could earn up to $164 million by the time the current contract is finished, per Schefter.

Prescott, who was drafted in 2016 and started 16 games as a rookie after replacing Tony Romo, will be 31 years old when his new contract with the Cowboys runs out, and will have the chance to prove himself once again before another potentially massive payday in the future.

The move also proves that Prescott’s initial bet on himself while searching for a long-term deal was well worth it, despite the injury that ended his fifth NFL season after just five weeks.

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In his first five years in the league, Prescott accumulated 17,634 passing yards, 106 passing touchdowns and a quarterback rating of 97.3. In his last full season, he compiled 4,902 passing yards, 30 touchdowns, and 11 interceptions.

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