Introduction
Dak Prescott is one of the most recognizable names in the NFL. The Dallas Cowboys quarterback has had a successful career since entering the league in 2016, and he recently signed a four-year contract extension worth up to $160 million. But just how much money does Dak Prescott make? In this article, we will examine his contract and salary to get a better understanding of his earnings.
Examining Dak Prescott’s Contract and Salary
Dak Prescott signed a four-year contract extension with the Dallas Cowboys in March 2021. The deal is worth up to $160 million and includes a guaranteed $126 million. According to ESPN’s Adam Schefter, “Prescott will receive $75 million fully guaranteed at signing, and then another $51 million in injury guarantees that can become fully guaranteed by the third day of the 2022 league year.”
Let’s break down the numbers to get an idea of how much Dak Prescott will be earning each year. According to OverTheCap.com, Prescott will earn an average of $40 million per season over the course of his contract. This breaks down to $31.41 million in base salary and a signing bonus of $8.59 million. He will also receive a roster bonus of $5 million in 2021 and $20 million in 2022.
How Much Money Does Dak Prescott Make?
With an average annual salary of $40 million, Dak Prescott is now the highest paid player in the NFL. His salary is a significant increase from his previous contract, which was worth $2.7 million per year. It’s also worth noting that the deal includes a no-trade clause, so Prescott will remain with the Cowboys for the duration of his contract.
The impact of Dak Prescott’s salary on the Dallas Cowboys cannot be understated. According to Spotrac, the team’s salary cap for the 2021 season is estimated to be around $183 million. With Prescott’s new deal, the Cowboys will have to account for almost 22 percent of their salary cap devoted to one player. While this could potentially limit the team’s ability to sign other players, it could also pay off in the long run if Prescott continues to perform at a high level.
In addition to his salary, Dak Prescott also earns money through endorsements. According to Forbes, Prescott earned an estimated $6 million in endorsements in 2020. This number is expected to increase significantly in the coming years as Prescott continues to build his brand.
Analyzing Dak Prescott’s Total Earnings Over Time
When you consider all of the factors mentioned above, it’s easy to see why Dak Prescott is one of the highest paid players in the NFL. Since entering the league in 2016, Prescott has earned an estimated $100 million in salary, bonuses, and endorsements. This number is only expected to increase in the coming years as Prescott continues to cement his status as one of the best quarterbacks in the league.
Conclusion
Dak Prescott is one of the highest paid players in the NFL. His four-year contract extension with the Dallas Cowboys is worth up to $160 million, with an average annual salary of $40 million. He also earns money through endorsements, which are expected to increase significantly in the coming years. When you factor in all of these elements, it’s easy to see why Prescott is one of the most well-paid players in the league.
In conclusion, Dak Prescott is making quite a bit of money. His contract extension with the Dallas Cowboys is worth up to $160 million, and he earns additional money through endorsements. His total earnings have already surpassed the $100 million mark and are only expected to increase in the coming years. There’s no doubt that Prescott is well-compensated for his services.
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