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 135th 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, and he earned 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 and was titled NFL Offensive Rookie of the Year in 2016.
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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|
What are the terms of Dak Prescott’s contract?
Dak Prescott’s current contract with the Dallas Cowboys has a no-tag and no-trade clause. He is guaranteed a whopping $95 million and includes the signing bonus and salaries of 2021 and 2022. $31 million of Dak’s 2023 salary is currently an injury reserve and will become fully guaranteed on the 5th league day of 2022. He will also earn $5 million as roster bonus for the 2024 season. Also included in the terms are $1 million for a Super Bowl win, with 50% snaps.
The $66 million signing bonus is the highest in NFL history.
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.
Dak Prescott’s Net Worth
The 27-year old quarterback’s net worth is estimated to be $40 million, equal to his annual salary. He is the second highest paid quarterback in the NFL.