Dak Prescott and the Dallas Cowboys have reached a monumental agreement on a four-year, $240 million contract extension just hours before their season opener against the Cleveland Browns, according to a report from ESPN’s Adam Schefter. The new deal solidifies Prescott’s future with the franchise and sets a historic precedent, making him the highest-paid player in NFL history.
Prescott, now in his ninth year with the Cowboys, has been the cornerstone of the team’s offense since being drafted in the fourth round in 2016. With this record-breaking contract, the Cowboys are making it clear that they view Prescott as their long-term solution at quarterback, ensuring he remains in Dallas for the foreseeable future.
The contract includes a staggering $231 million in guaranteed money, a significant commitment that demonstrates the Cowboys’ confidence in Prescott’s ability to lead the team. The 30-year-old quarterback has been a critical part of Dallas’ success over the past several seasons, and this extension secures his role as the face of the franchise for years to come.
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For comparison, Prescott’s new deal puts him ahead of some of the league’s top quarterbacks in terms of compensation. It surpasses the recent contracts of stars like Patrick Mahomes, Josh Allen, and Lamar Jackson, cementing Prescott as the highest earner in the NFL. Mahomes’ 10-year deal with the Kansas City Chiefs, valued at $450 million, averages less annually than Prescott’s new contract. Similarly, Josh Allen’s six-year, $258 million extension with the Buffalo Bills and Lamar Jackson’s five-year, $260 million deal with the Baltimore Ravens also fall short of Prescott’s latest agreement in terms of yearly salary and guaranteed money.
The timing of the deal couldn’t be more crucial for the Cowboys. With the season opener just hours away, Dallas has now locked in its star quarterback, eliminating any distractions heading into the 2024 season. Prescott’s leadership and consistent performance have been key to the Cowboys’ recent success, and this extension ensures that Dallas can focus on their goal of making a deep playoff run without the uncertainty of their quarterback’s future.
As the Cowboys prepare for their Week 1 showdown against the Browns, fans and analysts alike are now turning their attention to how this massive deal will impact the team both on and off the field.
With Prescott leading the charge and the weight of this historic contract behind him, the pressure will undoubtedly be high for both Prescott and the Cowboys to deliver this season.