How much money does Dak Prescott make? Salary, contract details, years left...
Having just led the Cowboys to a sensational victory over Tom Brady and the Buccaneers in the Wild Card Round of the playoffs, now seems like as good a time as any to talk about Dallas’ Dak Prescott and the current contract that he’s on.
Dak Prescott has begun to establish himself as a true star in the NFL and his latest performance in the Wild Card Round punctuates the point. Not only did he defeat Tom Brady, but he put his team into the Divisional Round of the NFL playoffs, a scenario the Cowboys haven’t experienced since 2018.
Introducing the Dallas Cowboys’ Dak Prescott
When we consider the team that he plays for and the fact that he’s consistently improved with each passing season, it makes sense that Dak Prescott is one of the highest paid quarterbacks in the league. Indeed, we are after all, talking about a player who has the franchise tag for the Dallas Cowboys. Quite something, for a player who was selected in the 4th round of the 2016 NFL Draft by the Cowboys and moreover, was initially brought on board to serve as a backup to then starting QB, Tony Romo. As fate would have it, Romo would suffer an injury that season and it would be Prescott who was handed the reins. What was the end result? Prescott led the Cowboys to the NFC title and along the way set a number of rookie records, which resulted in him being named Offensive Rookie of the Year. Needless to say, his wealth has increased exponentially with each campaign and in truth, rightly so.
What does Dak Prescott’s contract situation look like?
When he first signed with the Cowboys, Prescott put pen to paper on a deal that was worth $2.72 million with a signing bonus of $383,393 and an average annual salary of $680, 848. Needless to say, that number has risen by a whole lot since then. By virtue of two consecutive franchise tags, Prescott’s contract was worth $31,409,000 by time 2020 rolled around. Yet, the big bucks truly arrived in 2021, when the signal caller signed a massive extension worth an incredible $160,000,000. It also included $66,000,000 signing bonus and an average annual salary of $40,000,000. For a detailed look at Dak Prescott’s contract, have a look below:
|Breakdown of Dak Prescott’s contract - 4 years valued at $160 million|
|$95M fully guaranteed (signing bonus + 2021 salary + 2022 salary)|
|$31M 2023 salary fully guarantees on 3/20/2022 (injury guaranteed now)|
|2024 Roster Bonus: $5M (5th league day of 2024)|
|Annual $500,000 deescalator for missing workouts|
|2025-2026 are void years for cap purposes, automatically void the last league day of 2024|
|2026 void year will allow the 2022 base salary to be restructured|
|Annual Super Bowl win + 50% snaps: $1M|