The Dallas Cowboys committed their long-term future to Pro Bowl quarterback Dak Prescott with the biggest contract in franchise history. The massive payday came with lofty expectations to lead the Cowboys to tremendous success. It also presented Prescott the opportunity to spoil himself with a special gift after receiving the biggest signing bonus in NFL history.
Dak Prescott inks record-breaking $160 million deal with the Cowboys
Before the 2020 campaign, the Cowboys slapped the franchise tag on Prescott with the hopes of securing a long-term deal.
The two sides failed to work out an extension before last season, leading to plenty of uncertainty regarding his future in Dallas. Prescott leaped out of the gate in the regular season, leading the league with 1,856 passing yards, including becoming the first player to post back-to-back 500-passing-yard performances.
However, his year ended abruptly after suffering a compound ankle fracture in Week 5 against the New York Giants. It further clouded his future contract discussions as the injury placed a long-term health concern into the equation.
The Cowboys chose to look past those doubts, even with Prescott requiring a second minor operation shortly after the surgery to correct the ailment. In March, the two sides agreed to a franchise-record four-year, $160 million deal that runs through the 2024 season, including an NFL-record $66 million signing bonus and $126 million guaranteed.
Prescott finds himself at the center of the Cowboys’ future plans with a significant amount of money now in his pocket. It didn’t take long for him to treat himself to a special gift.
Dak Prescott spoiled himself using his NFL-record $66 million signing bonus to quench his car thirst
Beyond Prescott‘s tenure in Dallas being secured for the foreseeable future, the deal included a considerable pay raise with life-changing money.
The 28-year-old hasn’t been one to flaunt his financial earnings, but he isn’t against rewarding himself for his hard work. During the broadcast of the Cowboys’ preseason action against the Houston Texans, Prescott revealed he took a much different approach with spending some of his $66 million signing bonus.
“Probably dinner for the whole family and friends when they all came into town that night,” Prescott said via Jon Machota of The Athletic. “… But then I got a Ferrari.”
It’s a much different ballpark for Prescott this time around as it far exceeds the $383,393 signing bonus he received from his four-year, $2.7 million deal as a fourth-round pick in the 2016 NFL Draft. Prescott possesses much more wiggle room to splurge as he gave himself a fancy new car.
It likely won’t be his last big-spending item, and it’s something he could afford with ease this time around.
Cowboys are eyeing Super Bowl push in 2021 season
The massive contract puts significant pressure on Prescott‘s shoulders to live up to the lofty expectations.
The two-time Pro Bowler must lead the Cowboys to much more than a playoff berth. In other words, the franchise has firm Super Bowl aspirations after paying him the richest contract in franchise history.
Dallas surrounded him with a surplus of offensive Pro Bowl talent to anchor a deep playoff push. Prescott’s performance will play a crucial part in determining the Cowboys’ fate in the upcoming season and beyond.
The front office followed the extension by retooling the defense through the draft, with its first six picks on that side of the ball. The pieces may be in place to bring the first Lombardi trophy back to Dallas in nearly three decades.
Contract figures courtesy of Spotrac.