Dak Prescott, Cowboys
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Cowboys sign Dak Prescott to record-breaking deal

The Dallas Cowboys have reached a contract agreement with quarterback Dak Prescott. The Cowboys confirmed the deal Monday afternoon.

ESPN’s Adam Schefter reports that the extension is for four years and $160 million with $126 million guaranteed and includes a no-trade clause.

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The contract includes a $66 million signing bonus and is worth an NFL-record $75 million total in its first year, according to the report.

 

The deal brings an end to a lengthy saga that saw Prescott play under the franchise tag and Cowboys owner Jerry Jones repeatedly address the negotiations in public. While playing under the one-year franchise tag last season for $31.4 million, Prescott suffered a season-ending compound fracture of his right ankle that required multiple surgeries.

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Monday’s news arrives a day before the franchise-tag deadline for the 2021 season. Another year under the franchise tag would have been worth roughly $37 million for Prescott.

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