How Much Is Dak Prescott Getting Paid

Introduction
Dak Prescott’s Contract Details
- Contract Breakdown
- Salary Cap Impact
How Dak Prescott’s Salary Compares to Other NFL Quarterbacks
Guaranteed Money and Incentives
- Guaranteed Money
- Performance Incentives
What This Means for the Dallas Cowboys
Conclusion
Further Reading

Introduction

Dak Prescott is one of the elite quarterbacks in the NFL, and his contract with the Dallas Cowboys reflects his value. Understanding how much Dak Prescott is getting paid can give insights into the financial dynamics of the league, his standing among other NFL players, and the Dallas Cowboys’ salary cap.

Dak Prescott’s Contract Details

Contract Breakdown

Dak Prescott’s contract with the Dallas Cowboys is a significant one in NFL history. Signed in 2021, the deal is a four-year agreement worth $160 million. Below is a breakdown of the most crucial parts of his contract:

Total Contract Value: $160 million over four years
Annual Average Salary: $40 million
Signing Bonus: $66 million
Total Guarantees: $126 million

This massive deal places him among the highest-paid quarterbacks in the NFL.

Salary Cap Impact

The salary cap impact of Dak Prescott’s contract is an important consideration for the Cowboys. Here’s how his cap hits break down over the years:

2021: $22.2 million
2022: $33.2 million
2023: $44.2 million
2024: $47.2 million

These figures reflect Dak Prescott’s escalating cap hit as the contract progresses.

How Dak Prescott’s Salary Compares to Other NFL Quarterbacks

Dak Prescott’s hefty contract places him among the top earners in the NFL. To understand how he measures up compared to other elite quarterbacks, here are some examples:

Patrick Mahomes (Kansas City Chiefs): $45 million per year
Josh Allen (Buffalo Bills): $43 million per year
Deshaun Watson (Cleveland Browns): $39 million per year

While Patrick Mahomes currently holds the highest annual salary, Dak Prescott is close behind.

Guaranteed Money and Incentives

Guaranteed Money

A key aspect of Dak Prescott’s contract is the guaranteed money. Out of his $160 million contract, $126 million is guaranteed. This includes:

Signing Bonus: $66 million (the highest in NFL history at the time of signing)
First-Year Salary: Fully guaranteed

The amount guarantees a significant portion of his earnings regardless of potential future injuries or performance issues.

Performance Incentives

Dak Prescott’s contract also includes performance-based incentives. These incentives provide additional earning potential, rewarding Prescott for high performance. Examples of these incentives include:

Pro Bowl Selection: Additional $1 million
Super Bowl MVP: Additional $1.5 million
Passing Yards Leader: Additional $500,000

These incentives motivate exceptional on-field performance and align Prescott’s interests with team success.

What This Means for the Dallas Cowboys

The financial commitment to Dak Prescott signifies the Cowboys’ confidence in him. Such a significant contract impacts the team in various ways:

Salary Cap Management: The high cap hits require careful planning by the Cowboys’ management to ensure they can also sign other key players.
Team Performance: Securing a top quarterback like Prescott sets the team up for competitive success in the NFL.
Long-Term Planning: The contract’s structure allows room for future adjustments and negotiations.

Understanding these dynamics is pivotal for Cowboys fans and NFL analysts alike.

Conclusion

Dak Prescott’s contract with the Dallas Cowboys is a landmark deal in the NFL. With a total value of $160 million, substantial guaranteed money, and performance incentives, Dak Prescott is very well compensated for his role as the franchise quarterback.

For more detailed insights into player salaries and other financial aspects of the sports world, be sure to check out How Much Is.

Dak Prescott Getting Paid