The Dallas Cowboys held off as long as they could on extending Dak Prescott’s contract, but in September 2024, they finally committed to their franchise quarterback with a four-year deal that made him the highest-paid quarterback in NFL history.
A year later, here’s a closer look at Prescott’s contract, salary, net worth, career earnings, and how he has performed since signing the record-setting extension.
Dak Prescott’s Contract Details
The Cowboys gave Prescott a record four-year, $240 million deal. His average annual value (AAV) is a whopping $60 million, which is $5 million more than the next-closest player, Buffalo Bills’ Josh Allen. The deal featured $231 million in guaranteed money, just beating out Cleveland Browns QB Deshaun Watson for the most ever in 2024, before being overtaken by Allen’s $250 million in 2025.
The new contract took effect this season, but the Cowboys converted $45.75 million of Prescott’s base salary into a signing bonus this offseason, reducing his cap figure from $89.89 million to $53.29 million. He is now earning $47.7 million this season.
There is a potential out after the 2027 season, but assuming all parties stay interested, Prescott will be well compensated through the 2028 season.
Cap Hit and Percentage of Cap Allocated
- 2025: $50,527,250 (18.10%)
- 2026: $74,068,430 (24.12%)
- 2027:$68,385,783 (20.24%)
- 2028: $78,385,783 (21.09%)
Given the size of Prescott’s contract, the natural question is whether he’s delivered on it. So far, the answer leans toward no. He missed half of the 2024 season due to injuries and finished with a 3-5 record as a starter, with the Cowboys ultimately missing the playoffs.
Now off to a 3-5-1 start in 2025, Prescott faces mounting pressure to justify his record-breaking deal. Without a deep postseason run, the extension risks being viewed as a major misstep for Dallas.
Prescott’s Net Worth and Career Earnings
Prescott’s net worth jumped quite a bit after signing this monster extension. While previous estimates were in the $50 million to $60 million range, his net worth is currently reported to be $90 million.
Prescott’s career earnings from the NFL contracts will jump to $296,335,465 at the end of the 2025 season. And thanks to this new deal, Prescott is projected to have the highest career earnings of any player in NFL history by 2028, with $436,335,465 in the bank.
Beyond football, Prescott has numerous endorsement deals, including partnerships with companies such as DirecTV, Jordan Brand, Beats, Pepsi, Campbell’s, Sleep Number, Oikos Triple Zero, and Citibank. That’s one of the perks of being a superstar quarterback for America’s Team.
He has also expanded into business ventures and owns stakes in four Walk-On’s restaurants in Texas. He also has invested in RealTruck, a company specializing in truck accessories and customization, and holds equity in GLOW Beverages. One of his most significant investments includes $12.5 million in OxeFit, a company developing AI-powered fitness equipment.
Dallas Cowboys’ Insights for Week 11
Team: After playing the Raiders, the Cowboys host the Eagles and Chiefs before playing in Detroit. The three games will be played over a 12-day period.
QB: Dak Prescott rated 28th out of 29th among all qualified quarterbacks in Week 9 against the Cardinals. He recorded a QBi score of 69.9 (D+).
Offense:Â Dallas had its worst OFFi score (71.1, C-) of the season in Week 9.
Defense: New Cowboys DT Quinnen Williams is 10th (72.7, B-) in Defensive Tackle Impact Rankings. Osa Odighizuwa and Kenny Clark rank 24th and 38th in DTi, respectively.
Fantasy: In three games without CeeDee Lamb, George Pickens averaged 26.3 PPG. In six games with Lamb, Pickens is averaging 13.7 PPG. Still a solid WR2, and the Raiders allow the sixth most fantasy points per game to wide receivers.
