Dak's contract isn't fully guaranteed until 2027

leeblair

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Only $129 million is guaranteed.
Dak_Prescott.jpg

Dak Prescott​

Quarterback

Dak Prescott Contract Details and Salary

Age: 31​

Free Agency: 2029 (Void)​

Accrued Seasons: 8​

  • Height: 6'2"
  • Weight: 226
  • College: Mississippi State
  • Entry: 2016 Draft, Round 4, #135 overall (Cowboys)
  • 2024 Salary Cap Charge: $44,615,980 (17.17% of cap)
  • 2024 Cash Payout: $86,250,000 (31.37% of spending)
  • 2024 Cash to Cap Ratio: 1.93
  • Contract Value: $240,000,000 ($60,000,000 APY)
  • Fully Guaranteed Money: $129,000,000
  • Contract Ranking: 1/107 at QB
*Per Over the Cap
If Dak is released or cut before 2027, the Cowboys don't have to pay him the full amount.

Thought you guys might want to know.
 
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leeblair

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I and others pointed this out right after the details came out.

The only issue is that some of the years are paid a year ahead of time, so it will cost them to release him.

For example, his 2026 salary is guaranteed if he's on the roster in March of 2025.
They would have to be proactive in making a decision if he continues to bomb.
I saw the dates once before, but couldn't find them this time.
I also don't know if he can be simply cut and released. I would think so, but I don't want to say for sure.
 

leeblair

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Team signed with
2024-2028Extension​

Dak Prescott signed a 4 year , $240,000,000 contract with the Dallas Cowboys, including $80,000,000 signing bonus, $231,000,000 guaranteed, and an average annual salary of $60,000,000. In 2024, Prescott will earn a base salary of $1,250,000 and a signing bonus of $80,000,000, while carrying a cap hit of $43,382,647 and a dead cap value of $195,270,294.
Contract Terms:

4 yr(s) / $240,000,000
Average Salary:

$60,000,000
Signing Bonus:

$80,000,000
GTD at Sign:

$129,000,000
Total GTD:

$231,000,000
Free Agent:

2029 / UFA
SummaryCapCashVisual


YearAgeStatusBaseP5 SalarySigningProrationRestructureProrationCap HitCap %League CapDead Cap
2024
dal.png
31$1,250,000$29,200,000$12,932,647$43,382,64716.99%$195,270,294
2025
dal.png
32$47,750,000$29,200,000$12,932,647$89,882,64732.89%$151,887,647
2026
dal.png
33$40,000,000$16,000,000$12,005,000$68,005,00023.26%$62,005,000
2027
dal.png
34$45,000,000$16,000,000$1,000,000$62,000,00019.81%$34,000,000
POTENTIAL OUT: 2028, 4 YR, $231,000,000; $34,000,000 DEAD CAP
2028
dal.png
35$55,000,000$16,000,000$1,000,000$72,000,00021.51%$17,000,000
2029
dal.png
36Void

UFA
------
2030
dal.png
Void------
2031
dal.png
Void------
2032
dal.png
Void------
Contract Notes
  • $129M guaranteed at signing (signing bonus + 2024 salary + 2025 salary)
  • $40M 2026 salary fully guarantees March 16, 2025 (injury guaranteed at signing)
  • $45M 2027 salary fully guarantees the 5th league day of 2026 (injury guaranteed at signing)
  • $17M of 2028 salary fully guarantees the 5th league day of 2027 (injury guaranteed at signing)
  • Full No Trade Clause
  • No Tag Clause
  • 2029-2032 years automatically void 23 days prior to the 2031 league year
  • $87.1M of 2024-2027 compensation is insured
Source: PFT
 

KingintheNorth

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He signed an $80M signing bonus, and his 2025 base ($47,750,000) is already guranteed.

Reality already mentioned that the guarantees are one year ahead.

Plus another no-trade and no-franchise tag cap.

Stephen Jones was taken to the woodshed yet again.

Not going anywere soon.
 

Ranching

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CowboysZone LOYAL Fan
I and others pointed this out right after the details came out.

The only issue is that some of the years are paid a year ahead of time, so it will cost them to release him.

For example, his 2026 salary is guaranteed if he's on the roster in March of 2025.
Bah Humbug
 

TheMarathonContinues

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Like Dez said, if you think Dak is why we suck you don’t no ball. He also said he was drunk but I’m pretty sure that has nothing to do with anything lol.
 
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