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ARLINGTON, TX - AUGUST 24: Dak Prescott #4 of the Dallas Cowboys warms up before a preseason game between the Dallas Cowboys and the Los Angeles Chargers at AT&T Stadium on August 24, 2024 in Arlington, Texas. (Photo by Ron Jenkins/Getty Images)
ARLINGTON, TX - AUGUST 24: Dak Prescott #4 of the Dallas Cowboys warms up before a preseason game between the Dallas Cowboys and the Los Angeles Chargers at AT&T Stadium on August 24, 2024 in Arlington, Texas. (Photo by Ron Jenkins/Getty Images)Ron Jenkins/Getty Images

Dak Prescott's Historic $240M Cowboys Contract Stuns NFL Fans Before Season Opener

Paul KasabianSep 8, 2024

The Dallas Cowboys and quarterback Dak Prescott have agreed on a four-year, $240 million contract extension, per Ian Rapoport of NFL Network, who provided more information.

The Cowboys also confirmed that Prescott signed a long-term deal.

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The contract makes Prescott the highest-paid player (per year) in NFL history, with his $60 million average annual value now No. 1 all time.

The news dropped hours before Prescott and the Cowboys were set to open their season on the road against the Cleveland Browns.

Needless to say, this was a significant Sunday morning surprise. Prescott was set to enter this season on the final year of his expiring contract, and news throughout the entire offseason indicated that things were moving along, at times, with a snail's pace (if at all).

But Prescott, who finished second in the NFL MVP race last year, is back with Dallas on a contract that now runs through 2028.

Fans reacted to the stunning news after it broke on a busy Sunday morning. Some thought he deserved the payday, while others believe the Cowboys overpaid him.

Regardless of opinions, Prescott is here to stay, and his focus is clearly on winning the Super Bowl.

Week 1 of that quest begins Sunday at 4:25 p.m. ET in Cleveland.

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