This offseason, Jerry Jones and the Dallas Cowboys finally went all in, spending a historic and unusual amount of money on their quarterback. After agreeing to a record-breaking four-year, $240 million contract on Sunday, Dak Prescott became the highest-paid player in NFL history. Joe Burrow of the Cincinnati Bengals, Trevor Lawrence of the Jacksonville Jaguars, and Jordan Love of the Green Bay Packers all agreed to extensions worth an average of $55 million a year, but Prescott was the first player in the NFL to earn $60 million annually.
In addition, Prescott’s new contract guarantees a record $231 million, which is $1 million more than Deshaun Watson of the Cleveland Browns. “It signifies a significant dedication to our upcoming five years and our future as well,” Jones clarified the terms of the agreement to reporters in Cleveland. “Hopefully, Dak will be our starting quarterback going forward. I am really confident in him.
The deal is reached the day before Dallas takes on the Cleveland Browns to kick off the season. Even though Prescott stated on Thursday that he did not believe a contract could be signed by the Week 1 kickoff, he stated on August 29 that it would signal “a lot.” Everything Dallas Cowboys: the most recent information on the team’s roster, schedule, stats, injuries, and more. With an NFL-high $55 million cap cost, the three-time Pro Bowl quarterback was expected to enter the last year of his four-year, $160 million contract.
In contract negotiations, Prescott had unique leverage because of his deal, which featured no-trade and no-franchise-tag terms that, if not extended, would allow him to reach free agency in 2025, even though Jones has generally opposed resetting the market. Jones insisted that there was no reason for worry or skepticism about Prescott in the negotiations.
