Quarterback for the Dallas Cowboys, Dak Prescott, is currently in the third year of his four-year contract worth $160 million. This deal, signed in March 2021, averages to a $40 million annual salary, positioning Prescott as one of the highest-paid players in the National Football League (NFL).
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Summary of Dak Prescott Salary
|Contract Duration||Contract Value||Average Annual Salary|
|4 years (2021-2024)||$160,000,000||$40,000,000|
Dak Prescott Salary: A Deeper Dive
After playing out his rookie contract and an additional season under a franchise tag, Prescott secured a major financial breakthrough with his current contract. This deal positioned him alongside the likes of Daniel Jones and Matt Stafford, with an average annual salary of $40 million, ranking 10th among NFL quarterbacks according to Over The Cap.
Prescott’s deal also included a $66,000,000 signing bonus, and $126,000,000 guaranteed, making it one of the most lucrative contracts in the NFL. It is worth noting that in 2023, Prescott will earn a base salary of $1,700,000 and a restructure bonus of $29,300,000, carrying a cap hit of $26,832,647 and a dead cap value of $89,070,000.
— Dak Prescott (@dak) August 31, 2023
The Potential for a Fully Guaranteed Contract
Following a challenging 2022 season marked by a career-high 15 interceptions, Prescott is poised for a bounce-back year in 2023. A return to his previous form could potentially set the stage for a fully guaranteed contract, a feat that could mark a major shift in NFL contract negotiations.
Prescott’s Impact on the Cowboys
Despite the ups and downs, Prescott’s impact on the Cowboys has been significant. He has led the team to four playoff appearances, exhibiting his prowess as a versatile and reliable quarterback. His strong performance has been a key factor in his high earning potential.
Comparison with Other NFL Quarterbacks
Prescott’s $40 million average annual salary ties him with Daniel Jones and Matt Stafford for the 10th highest among NFL quarterbacks. This places him in the same league as other marquee quarterbacks such as Deshaun Watson and Kirk Cousins, who are also among the highest earners in the league.
Future Contract Prospects
Prescott’s future contract prospects are promising. If he continues to perform at a high level, he could potentially become the NFL’s first $55 million-per-year player. The potential for a fully guaranteed contract also looms in the horizon, setting a precedent for future NFL contracts.
Despite a challenging 2022 season, Dak Prescott’s impressive performance in the NFL has earned him a spot among the highest-paid players. With a promising future ahead, Prescott’s salary and impact on the league are set to continue to grow.
1. What is Dak Prescott’s current contract worth?
Prescott’s current contract, signed in 2021, is worth $160 million over four years.
2. What is Dak Prescott’s average annual salary?
Prescott’s average annual salary is $40 million.
3. How does Dak Prescott’s salary compare with other NFL quarterbacks?
Prescott’s salary ranks him 10th among NFL quarterbacks, tying with Daniel Jones and Matt Stafford.
4. What are the future contract prospects for Dak Prescott?
With continued high performance, Prescott could potentially become the NFL’s first $55 million-per-year player.
5. Could Dak Prescott get a fully guaranteed contract?
A return to his previous form could set the stage for a fully guaranteed contract for Prescott, marking a major shift in NFL contract negotiations.
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