The Dallas Cowboys and Dak Prescott have come to terms on a record-breaking contract.
Cowboys owner Jerry Jones opened up his checkbook, and the team now has their franchise quarterback under contract for the next four years.
Here is the official statement from the Dallas Cowboys:
“The Cowboys announced Monday night that Prescott and the club have agreed to terms on a new contract. Terms have not been disclosed; further information and details will be released at a formal press announcement on Wednesday. Both sides have agreed to terms before Tuesday’s tentative deadline to place a second straight franchise tag for Prescott.”
According to Adam Schefter, the contract breaks down as a six-year deal, but voids to four years to help the Cowboys with salary cap issues.
The Cowboys and quarterback Dak Prescott agreed to the four-year 160 million dollar deal Monday night, with 126 million guaranteed.
The deal also includes a record 66 million dollar signing bonus.
The first three years of the deal will average 42 million dollars, according to Adam Schefter.
The Cowboys put the franchise tag on Prescott last season and were going to do that again this season.
The 28-year-old Prescott missed the majority of last season with a compound fracture and dislocated right ankle suffered in Week Five against the New York Giants.
Prescott should be ready to go for training camp and the 2021 season.
The Cowboys have said that they wanted to sign Prescott and ensure that he was their quarterback of the future. Prescott had said all along that he wanted to stay in Dallas and play for the Cowboys.
These negotiations have been the longest in NFL history as these negotiations started after the 2018 season. The Cowboys wanted a five-year deal, while Prescott’s camp wanted a four-year contract, and that’s what Prescott got.
Dallas has missed the playoffs three out of the last four seasons, and the focus now must be getting a better roster together to support Prescott and get the Cowboys back in the playoffs.
Prescott has a career 42-27 record with 106 touchdown passes and 40 interceptions. Prescott has passed for 17,364 yards in his career.
The Cowboys quarterback has two Pro Bowls on his resume and was the offensive rookie of the year in 2016.
In 2019, Prescott and the Cowboys offense averaged 31 points per game before the ankle injury. After the injury, the Cowboys struggled to put points on the board as they scored just one touchdown over the next three games.