NFL
Dak Prescott’s contract details: How much money does the Cowboys’ QB make?
The 30-year-old quarterback is in the best form of his career but his contract with the Cowboys will expire in March.
Dak Prescott signed a four-year contract extension with the Dallas Cowboys with the NFL deadline looming in March 2021. That deal, worth $160 million ($120 million guaranteed) included a $66 million signing bonus - an unprecedented figure at the time.
The 30-year-old is currently reported to be earning a base salary of $31 million plus other add-ons to take him to somewhere around the $40 million mark. Not bad at all for a player who just two years earlier had been taking home a base salary of around $2 million in the final year of his Rookie contract.
Salaries rising
But a lot has changed in the intervening years - and now a number of players are earning considerably more. Patrick Mahomes and Nick Bosa both top $31 million while Baltimore’s Lamar Jackson is reported to be pocketing around $80 million - double what Prescott is earning.
All of that will be factored in when Prescott’s representatives sit down to hammer out a new deal with the Cowboys. They have until 5 March to sort out a new agreement. Prescott’s contract will expire at 4:00 p.m. ET on 13 March 2024 - after that, unless he strikes a new deal, he will become a free agent. In the meantime, the objective is to secure a place in the playoffs - which they are currently on track to do (they top the NFC East standings with a 10-4 record).
Many are expecting Prescott to agree to a new, long-term contract with Dallas and the franchise is quietly confident of pushing a deal through before the end of the season. Cowboys vice-president Stephen Jones told The Athletic at the end of October: “”He’s under contract now, but we’d like to do this after the season. Once the season is over, we will focus on that. Dak will be our quarterback.”