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COWBOYS

Cowboys quarterback Dak Prescott’s contract details revealed: no-trade cause

Dallas Cowboys quarterback Dak Prescott became the highest-paid player in the league after his recent contract extension and on Wednesday, the details were revealed.

Dallas Cowboys quarterback Dak Prescott became the highest-paid player in the league after his recent contract extension and on Wednesday, the details were revealed.
NICK CAMMETTAFP

The Dallas Cowboys made their star quarterback the highest-paid player in the league when they offered him a four-year, $240 million contract extension ahead of their Week 1 opener against the Cleveland Browns on Sunday. The contract came with an $80 million signing bonus, the largest in NFL history. His average annual salary of $60 million surpassed Bengals’ Joe Burrow, Jaguars’ Trevor Lawrence, and Packers’ Jordan Love, who are all earning $55 million annually with their recent signings. On Wednesday, more details on Prescott’s contract were revealed.

The details of the Prescott deal and the no-trade clause

ESPN’s Dan Graziano reported that $231 million, 96% of Prescott’s contract’s total value, is fully guaranteed. Along with the $80 million signing bonus, Prescott received $129 million fully guaranteed at signing, including his $1.25 million salary for the 2024 season and his $47.75 million salary for the 2025 season.

His $40 million salary for 2026 and $45 million for 2027 are both guaranteed if Prescott gets injured, and will become fully guaranteed by March 2025 and March 2026, respectively. His $55 million salary for 2027 includes $17 million guaranteed for injury and will become fully guaranteed in March 2027.

Prescott’s new deal also includes a no-trade clause and a no-franchise/transition tag clause. A no-trade clause means that the Cowboys cannot trade Prescott to another team without his consent. The no-franchise tag clause means Prescott cannot be franchise tagged.

The contract includes four void years from 2029 to 2032 with the right for the Cowboys to restructure and add more void years as often as they want in order to create salary cap space.

Breakdown of Dak Prescott's contract details

  • Four year, $240 million deal
  • $60 million annual average - highest-paid NFL player in 2024
  • $80 million signing bonus
  • $129 million fully guaranteed at signing (including $1.25 million salary for the 2024 season and $47.75 million salary for the 2025 season)
  • $231 million fully guaranteed (96% of the contract’s total value)
  • $40 million salary for 2026 injury guaranteed
    • fully guaranteed in March 2025
  • $45 million for 2027 injury guaranteed
    • fully guaranteed in March 2026
  • $17 million of his $55 million salary for 2027 injury guaranteed
    • fully guaranteed in March 2027
  • No-trade clause
  • No-franchise/transition tag clause
  • 4 void years from 2029 to 2032 
  • Cowboys heve the right to restructure and add more void years as often as they want 
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