Where Dak Prescott's contract ranks him among NFL's highest-paid players

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The Dallas Cowboys signed their quarterback to a four-year, $160 million contract extension on Monday.

—with his full salary counting against the cap in 2021—this year. Instead, the quarterback will count for just $22.2 million against the cap this coming season.

ESPN reported the Cowboys will place the franchise-tag on Prescott on Tuesday as a"procedural matter," before holding a press conference the following day when they are expected to disclose the full terms of the contract.

Dallas missed the playoffs for the third time in five years after finishing 6-10 and a swift turnaround in fortunes will be expected next season. There will be pressure on Prescott to deliver following his contract extension, particularly as the Cowboys will return a stacked offense next season. Wide receivers CeeDee Lamb and Amari Cooper are signed up through to the 2023 and 2024 season respectively, while star running back Ezekiel Elliott and tight-end Blake Jarwin are on the books until 2026 and 2023 respectively.

Dak Prescott #4 of the Dallas Cowboys celebrates his touchdown reception against the New York Giants during the second quarter at AT&T Stadium on October 11, 2020 in Arlington, Texas. Prescott signed a four-year, $160m deal with the Cowboys on March 8.

 

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