Massive Contract Details Released of Dak Prescott’s New 4-Year Deal With Cowboys

On Monday, the Dallas Cowboys were said to have signed Dak Prescott to a long-term deal. Negotiations had been at a stand-still since both sides wanted a different amount of years in the deal.

The #Cowboys announce they’ve agreed to terms on a new contract with Dak Prescott.

— Mike Garafolo (@MikeGarafolo) March 8, 2021

Terms were soon released of his massive new deal and Dak ended up getting the four years that he wanted in the end.

Cowboys are giving Dak Prescott a four-year, $160 million deal, including a record $126 million guaranteed, source tells ESPN.

The first three years average $42 million per year.

— Adam Schefter (@AdamSchefter) March 8, 2021

His deal also includes a no-trade clause and a no-tag clause as well.

The deal includes a no-trade and no tag clause, per source. https://t.co/v8L2tZqtZe

— Adam Schefter (@AdamSchefter) March 8, 2021

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Cowboys still are placing the franchise tag on Dak Prescott on Tuesday as a procedural matter, per source, which means they cannot tag him again in the future.

— Adam Schefter (@AdamSchefter) March 8, 2021

The Cowboys have scheduled a press conference for Prescott on Wednesday to formally announce the deal. 

In 2020, Prescott appeared in four games for the Cowboys and completed 68 percent of his passes for 1,856 yards, nine touchdowns and four interceptions.