Dak Prescott Signs Record $240M Extension, Becomes Highest-Paid Player in NFL History

Dallas Cowboys quarterback Dak Prescott recently signed a four-year, $240 million contract extension, making him the highest-paid player in the NFL with an average annual salary of $60 million. Cowboys owner Jerry Jones believes the contract was worth it as Prescott's leadership has a profound impact on the team. The Cowboys also extended CeeDee Lamb, the 2023 NFL receptions leader, for four years at $136 million.

Financial Commitment

The financial commitment to Prescott and Lamb reflects the team's long-term plans and their aspiration to win a conference championship. Moreover, the Cowboys' salary cap is expected to rise significantly over the next few years, allowing them to remain competitive while accommodating these substantial contracts.

With Prescott and Lamb secured for the long-term, the focus will shift to extending the contract of three-time All-Pro edge rusher Micah Parsons, who had an outstanding season with a career-high 14.0 sacks. The Cowboys are now in a position to shape their roster around these key players and make aggressive moves in terms of player acquisitions.