GOOD NEWS: Dak Prescott Extends Stay with Dallas Cowboys with Massive Contract!

Cowboys Nation Celebrates as Star Quarterback Commits to Dallas for the Long Run

In a move that has sent waves of relief and excitement through Dallas, star quarterback Dak Prescott has officially signed a blockbuster contract extension with the Cowboys. The Dallas Cowboys and Dak Prescott agreed to a four-year, $240 million contract extension that will make the star quarterback the highest-paid player in NFL history and keep him in a Cowboys uniform through the 2028 season37.

Prescott’s Path: From Draft Pick to Dallas Icon

Prescott’s journey to this pivotal moment has been one of dedication and leadership. Drafted in the fourth round in 2016, he quickly rose to prominence, becoming the Cowboys’ starting quarterback and a fan favorite64. Over the past three seasons, Prescott has guided the Cowboys to the playoffs and has achieved this feat five times in his first eight years in the league2.

Contract Breakdown: A Closer Look at the Landmark Deal

• Total Value: $240 million2

• Signing Bonus: $80 million, the largest in NFL history5

• Guaranteed Money: $231 million, which is the most in league history7

• Average Annual Salary: $60 million, making him the highest-paid quarterback in the NFL4

The contract includes $231 million in guaranteed money, exceeding the fully guaranteed contract that Deshaun Watson signed with the Browns by $1 million two years ago2.

The Implications: What Prescott’s Extension Means for the Cowboys

By signing Prescott before he was slated to hit unfettered free agency in 2025, Dallas avoided their franchise QB reaching the market with unheard-of leverage4. With Prescott and Lamb now under contract, each near record levels, Dallas can turn its attention to a critical 2024 season and to re-signing the two-time All-Pro and perennial Defensive Player of Year candidate Parsons, who is entering the fourth season with the Cowboys4.

Cowboys Fans Aim for Super Bowl

With Prescott secured for the long term, the Cowboys can now fully focus on building a championship-contending team around him. The last time the Cowboys won a championship was in Super Bowl XXX with Aikman as their quarterback3. The last time the Cowboys made an NFC Championship Game was 19953.