Dak Prescott's $240 million Cowboys contract in 2024 included $231 million guaranteed
Dak Prescott signed a record-breaking $240 million contract extension with the Dallas Cowboys in 2024, including $231 million in guaranteed money. The deal secures his position as the team's quarterback through 2028 and makes him one of the highest-paid players in NFL history.
Why it matters
This contract represents a significant financial commitment in professional sports and highlights the rising market value of elite NFL quarterbacks.
Dak Prescott secured his place at the centre of the Dallas Cowboys' future in September 2024, when he signed a record-breaking contract extension worth $240 million. The four-year agreement included $231 million in guaranteed money and an $80 million signing bonus, making him the NFL's highest-paid player by average annual value at the time. The deal came just hours before Dallas opened its season against the Cleveland Browns. For Prescott, it was a major financial milestone. For owner Jerry Jones, it was a costly commitment to a quarterback expected to lead one of football's most valuable franchises towards another Super Bowl.How Dak Prescott secured his $240 million Cowboys contractThe agreement arrived after months of uncertainty over Prescott's future in Dallas. Entering the 2024 season, the quarterback was in the final year of his previous four-year, $160 million contract.
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