Over his first three years, he'll earn an average of $42 million per year, the two people told USA TODAY Sports. How big is Dak Prescott's signing bonus? "I’m a Cowboy and couldn’t be happier," Prescott told USA TODAY Sports that night. “I trust that the guys in the front office are definitely going to make the right decisions. As reported by ESPN’s Adam Schefter and other media, the Dallas Cowboys and quarterback Dak Prescott have agreed to a four-year, $160 million contract. More: Troy Aikman says Cowboys aren't in need of QB; hopes Dak Prescott gets his deal. The Cowboys maintained throughout that his recovery was ahead of schedule and they were confident in his potential. Teammates were eager for Prescott to achieve long-term security. He was carted off the field of AT&T Stadium in tears, an ambulance waiting to transport him to a local hospital for immediate surgery that night to clean the wound and repair the fracture. NFL; Football (U.S.) Dak Prescott; Russell Wilson The mechanism will allow for the details of the deal to be ironed out before pen hits paper. With an NFL-record $66 million signing bonus, Prescott is set to earn $75 million in 2021 – one year after he played out a $31.4 million franchise tag. According to the outlets, Prescott's signing bonus is $66 million, the highest in league history. Brown played for the Patriots in 2018 but has spent the last two seasons with the Raiders. Teammates were eager for their quarterback to achieve long-term security. Prescott and the Cowboys agreed to a four-year deal worth $160 million with $126 million guaranteed, two people with knowledge of the contract confirmed to USA TODAY Sports on Monday. With such a massive signing bonus, the Cowboys will write Dak a $66 million check when he signs the deal, but $11 of it will count against their cap this season thanks to the two void years on the end of the contract. Show full articles without "Continue Reading" button for {0} hours. “I hope he’s coming back 2021 and for the long haul.”. The NFL salary cap is expected to balloon amid upcoming TV contract renewals and the advent of legalized sports gambling. Instead, Prescott and France bet on Prescott's worth. ET deadline. The Cowboys finished 6-10 in McCarthy's debut season, Prescott topping a long list of injured starters. He rose from fourth-string quarterback to immediate starter in a matter of months, supplanting Tony Romo as the Cowboys' face of the franchise. Dak Prescott signed a 1 year, $31,409,000 contract with the Dallas Cowboys, including $31,409,000 guaranteed, and an average annual salary of $31,409,000. The Cowboys now will have more flexibility to shore up their roster in free agency. The Cowboys had insisted there was no moving forward without Prescott. With this megadeal, he becomes the second-highest-paid QB in … Thus Prescott could return to the negotiating table as soon as three years from now. Only Chiefs quarterback Patrick Mahomes, who signed a 10-year extension worth $450 million last July, will play on a contract with a higher annual salary or guarantee than Prescott. In addition, Dak gets $126 million of that guaranteed, with an NFL record $66 million signing bonus, while he gets a no-trade clause and no tag provision. Prescott and Cowboys running back Ezekiel Elliott expressed their hope for this in a September interview with USA TODAY Sports. Elliott said he'd fight for his draft classmate to re-sign with the Cowboys. He racked up another 24 rushing touchdowns as well as his receiving touchdown one quarter before his 2020 season ended abruptly. They can turn more than $18 million of Prescott's 2022 base salary into signing bonus for cap purposes and create $14.4 million in room in Year 2 … "I look forward to working along with Coach McCarthy, the staff and my teammates to be the best team we can be in pursuit to our goal of a Super Bowl.". From NFL plays to college sports scores, all the top sports news you need to know every day. The Cowboys will have more flexibility to shore up their roster in free agency. At that point, he'll be just 30 years old. The Jones family has long maintained that deadlines spur deals. Prescott started 72 straight games, including three playoff games, from 2016 through the fifth of week of the 2020 season. The Cowboys had insisted there was no moving forward without Prescott. I'm told Dak Prescott wanted to get this deal done but it was just too late per source informed. Prescott is expected to address reporters then. Technically, the deal that voids to four years will span six to give the team accounting flexibility logging Prescott's hefty signing bonus. Thus Prescott could return to the negotiating table as soon as three years from now. Those astronomical numbers happen to include the highest signing bonus in NFL history. Prescott's signing bonus is $66 million, the highest in NFL history, a source told ESPN. From Prescott’s perspective, he was seeking the security of a long-term deal with a hefty signing bonus. After Prescott's injury, the Cowboys didn't win again for 42 days. What’s more important for Prescott is how the contract is put together. Monday, they took their most important step. The Dallas Cowboys announced today that Prescott has signed a 4-year, $160 million contract, including $66 million at signing. Dak Prescott had said he wanted to be a Cowboy for life. The Dallas Cowboys and Dak Prescott have finally agreed on the richest contract in club history, two years after negotiations began with the star quarterback. He was carted off the field at AT&T Stadium in tears, an ambulance waiting to transport him to a local hospital for immediate surgery. Follow USA TODAY Sports' Jori Epstein on Twitter @JoriEpstein. That’s the biggest signing bonus ever received by any player in league history. “It’s no secret we want Dak back,” CeeDee Lamb told USA TODAY Sports in February. A deal with a $66M signing bonus and a $9M base salary (which would bring the total to $75M in year one) would bring Dak’s 2021 cap number down to $25.5M. But a deal that Jerry Jones said was "imminent" in September 2019 stalled spectacularly. Best & Worst Refi Mortgage Companies of 2021. The two sides did not reach an agreement -- or really, even have meaningful discussions -- leading up to the July 15 franchise tag deadline in 2020. He compiled a 42-27 regular-season record, throwing for 17,634 yards and 106 touchdowns to 40 interceptions. Prescott is guaranteed $126 million as part of the deal.
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