Rayne Dakota Prescott is an American football quarterback in the National Football League (NFL) who goes by the name “Dak”. He was drafted by the Dallas Cowboys with pick number 135 in the fourth round of the 2016 NFL Draft.
He began playing football in high school and pursued it in Mississippi State University as well earning recognition with his performance. He was placed on the watchlist for all national level college awards, and won the Corney Trophy twice in 2014 and 2015.
Dak Prescott has been named to 2 Pro Bowls in 2016 and 2018 and was also the winner of the NFL Offensive Rookie of the Year in 2016.
Dak Prescott Contract with Dallas Cowboys
Dak Prescott’s current contract with the Cowboys can be broken down as follows:
Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
4 yr(s) / $160,000,000 | $66,000,000 | $40,000,000 | $95,000,000 | $126,000,000 |
Year | Base Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
2021 | $2,750,000 | $13,200,000 | $17,200,000 | $95,000,000 | $75,000,000 |
2022 | $1,600,000 | $13,200,000 | $19,730,000 | $108,800,000 | $20,000,000 |
2023 | $1,700,000 | $13,200,000 | $26,832,647 | $89,070,000 | $31,000,000 |
2024 | $29,000,000 | $13,200,000 | $59,455,000 | $61,915,000 | $34,000,000 |
What are the terms of Dak Prescott’s contract?
Dak Prescott signed a 4 year, $160,000,000 contract with the Dallas Cowboys, including a $66,000,000 signing bonus, $126,000,000 guaranteed, and an average annual salary of $40,000,000. In 2021, Prescott will earn a base salary of $2,750,000, a signing bonus of $66,000,000 and a restructure bonus of $6,250,000, while carrying a cap hit of $17,200,000 and a dead cap value of $95,000,000.
In 2022, the Cowboys restructured Prescott's contract by converting $18.4 million into a bonus. This move was made to allow the Cowboys an additional cap space of $14.72 million in 2022.
Dak Prescott’s Contract History
Year | Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
2016 - 2019 | 4 yr(s) / $2,723,393 | $383,393 | $680,848 | $383,393 | $383,393 |
2020 | 1 yr(s) / $31,409,000 | - | $31,409,000 | $31,409,000 | $31,409,000 |
Dak Prescott’s Salary
Dak Prescott’s annual average salary is $40 million. The 4-year contract extension worth $160 million is the richest contract to be signed by a Cowboys player and placed him in second rank as the highest paid quarterback in the league at the time of signing.
Dak Prescott’s Net Worth
The 27-year old quarterback’s net worth is estimated to be $70 million, equal to his annual salary. He was the second highest paid quarterback in the NFL when he signed his contract, but in 2023 he has fallen out of the top 10.
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FAQs
Q. Which team drafted Dak Prescott?
A. Dak Prescott was selected by the Dallas Cowboys in the fourth round of the 2016 NFL Draft.
A. Dak Prescott was selected by the Dallas Cowboys in the fourth round of the 2016 NFL Draft.
Q. How old is Dak Prescott?
A. Dak Prescott is 30 years old as of November 2023. He was born on July 29, 1993.
A. Dak Prescott is 30 years old as of November 2023. He was born on July 29, 1993.
Q. Which college did Dak Prescott go to?
A. Dak Prescott attended Mississippi State University and played quarterback for the Bulldogs football team.
A. Dak Prescott attended Mississippi State University and played quarterback for the Bulldogs football team.
Q. Where is Dak Prescott from?
A. Dak Prescott was born in Sulphur, Louisiana. He went to Haughton High School in Louisiana.
A. Dak Prescott was born in Sulphur, Louisiana. He went to Haughton High School in Louisiana.
Q. When did Dak Prescott win the Walter Payton NFL Man of the Year Award?
A. Dak Prescott won the Walter Payton NFL Man of the Year Award in 2022 for his work with his Faith Fight Finish (FFF) Foundation which focuses on colon cancer research, mental health and suicide prevention.
A. Dak Prescott won the Walter Payton NFL Man of the Year Award in 2022 for his work with his Faith Fight Finish (FFF) Foundation which focuses on colon cancer research, mental health and suicide prevention.