Report: Dallas Cowboys sign QB Dak Prescott to massive new contract

The Dallas Cowboys and former Mississippi State QB Dak Prescott have been in a stalemate when it comes to his contract for a while now.

But, on Monday, that stalemate came to an end, and Prescott is getting a massive contract extension.

Per Ian Rapoport of the NFL Network, the contract is for 4 years and worth up to $164 million, with $126 million guaranteed:

Full terms on the Dak Prescott contract: 4 years, $160M, up to $164M. He gets a no-trade clause and no tag provision. The guarantee is $126M. Massive.

— Ian Rapoport (@RapSheet) March 8, 2021

He also received the biggest signing bonus in NFL history:

Highest signing bonus in NFL history:
 
Dak Prescott               $66M
Russell Wilson            $65M
Aaron Rodgers           $57.5M
Matthew Stafford       $50M
Matt Ryan                     $46.5M
Joe Flacco                    $40M
Aaron Donald               $40M

— Adam Schefter (@AdamSchefter) March 9, 2021

Prescott suffered a season-ending injury in 2020, so we’ll see if he can come back at 100% strength for Week 1 of the 2021 season.

In his 5-year career, Prescott has thrown for 17,634 yards, 106 touchdowns and 40 interceptions. He’s added 24 touchdowns as a rusher and 1 as a receiver. We’ll see how he fares during the course of his massive new contract.