Dak Prescott’s Net Worth, Salary, Career Earnings, and Contracts (2024)

Thanks to significant contracts and endorsement deals, Dak Prescott’s net worth has skyrocketed. In 2024, his financial achievements place him among the richest NFL players, and his market value continues to rise. Learn more about his net worth, salary, and career earnings below.

Dak Prescott Quick Facts

What is the Net Worth of Dak Prescott in 2024?

As of 2024, Dak Prescott’s net worth is estimated at $90 million, positioning him among the wealthiest NFL quarterbacks. His recent contract extension in 2024 further solidified his place at the top. To give you some context, here’s how he compares to other notable NFL players of a similar age:

• Patrick Mahomes: Net worth of $50 million, known for his 10-year, $450 million contract with the Kansas City Chiefs.
• Josh Allen: Net worth of $40 million, earning from a six-year, $258 million deal with the Buffalo Bills.
• Lamar Jackson: Net worth of $80 million, thanks to his five-year, $260 million deal with the Baltimore Ravens.
• Joe Burrow: Net worth of $60 million, benefitting from his recent extension with the Cincinnati Bengals.

Prescott’s financial success, driven by a combination of salary and endorsements, places him in the elite tier of the richest NFL players.

What is Dak Prescott’s salary/income in 2024?

In 2024, Dak Prescott’s salary is a groundbreaking $60 million, making him the highest-paid NFL player. This impressive figure is part of his four-year, $240 million contract with the Dallas Cowboys, which includes a staggering $80 million signing bonus and $231 million in guaranteed money. His annual salary broke the NFL record, surpassing top quarterbacks like Patrick Mahomes and Lamar Jackson.

Prescott’s journey to this financial peak began with his rookie contract, worth $2.7 million over four years. Since then, he has leveraged consistent on-field performance, leading the Cowboys to playoff appearances and earning multiple Pro Bowl selections. His major contract in 2021, worth $160 million, was only a precursor to his 2024 record-breaking deal.

In addition to his salary, Prescott has amassed over $50 million from endorsement deals with AT&T, Pepsi, Adidas, and more, further boosting his income. His financial growth demonstrates his dominance on and off the field, making him a central figure in NFL contract negotiations.

Overview of Dak Prescott

Dak Prescott is one of the NFL’s most recognized and highest-paid quarterbacks today. From his humble beginnings in Sulphur, Louisiana, to becoming the franchise quarterback of the Dallas Cowboys, Prescott’s journey is one of perseverance, dedication, and consistent performance on the field.

His financial growth has paralleled his rise in the football world, making him a central figure in discussions about the business of sports and player earnings.

This detailed overview explores Prescott’s early life, college achievements, professional milestones, career statistics, playing style, and extraordinary financial success.

Early Life and Background

Born on July 29, 1993, in Sulphur, Louisiana, Dak Prescott grew up in a tight-knit family. His mother, Peggy Prescott, worked hard as a truck stop manager to support Dak and his siblings after separating from Dak’s father.

Dak’s childhood was shaped by strong family values, resilience, and a drive to succeed. Peggy played a significant role in inspiring Dak’s work ethic and determination.

Haughton High School was where Dak’s football journey truly began. Playing as the starting quarterback for the Buccaneers, he quickly made a name for himself.

In his senior year, he completed 159 of 258 passes for 2,860 yards and 39 touchdowns, demonstrating his natural talent. Leading his team to a district championship, Dak became one of the standout players in his class.

Although a three-star recruit, his potential attracted multiple offers, and he eventually accepted a scholarship to Mississippi State University, setting the stage for his football career.

College Career at Mississippi State

Prescott’s college career at Mississippi State University is legendary. Initially redshirted in 2011, Dak became the full-time starting quarterback by 2013.

He quickly broke school records and set benchmarks that still stand today. Over four years, he broke 38 school records, solidifying his place in Bulldog history.

During the 2014 season, Prescott led Mississippi State to a 10-2 regular-season record, earning the school’s first-ever #1 ranking in football.

His dual-threat capabilities were unmatched; he could throw and run the ball with precision and power.

Prescott’s impressive college stats include 9,376 passing yards, 70 touchdowns, and 2,521 rushing yards, making him one of the most dynamic quarterbacks in college football at the time.

Key Achievements at Mississippi State:

• Two-time First-team All-SEC selection.
• Winner of the Conerly Trophy in 2014 and 2015.
• Led Mississippi State to the Orange Bowl and other significant bowl games.
• Finished eighth in the 2014 Heisman Trophy voting.

These accomplishments made him a promising NFL prospect and laid his professional career foundation.

Professional Career

Drafted by the Dallas Cowboys in the fourth round of the 2016 NFL Draft, Dak Prescott’s professional career took off faster than anyone expected.

Initially intended to be a backup for veteran quarterback Tony Romo, an injury to Romo during the preseason opened the door for Prescott to prove himself. And he didn’t disappoint.

Prescott led the Cowboys to a remarkable 13-3 record in his rookie season, earning him the NFL Offensive Rookie of the Year award.

His poise, leadership, and ability to perform under pressure made him a fan favorite and an immediate success.

That season, he set several records for a rookie quarterback, including the highest passer rating (104.9) and a touchdown-to-interception ratio of 23 to 4, showcasing his impressive decision-making skills.

Since then, Prescott has continued to be a cornerstone of the Cowboys’ offense. His passing, rushing ability, and leadership qualities have kept the Cowboys competitive in the NFL.

Despite facing a severe ankle injury in 2020 that ended his season prematurely, Prescott made a strong comeback in 2021, proving once again why he’s one of the top quarterbacks in the league.

Career Milestones:

• Led the Cowboys to multiple NFC East Division titles.
• Three-time Pro Bowl selection (2016, 2018, 2023).
• Won the prestigious Walter Payton NFL Man of the Year award in 2022 for his contributions on and off the field.

NFL Career Statistics

Prescott’s performance stats as of 2024 paint a picture of consistency and excellence:

• Passing Yards: 31,061
• Touchdowns: 210 passing touchdowns
• Completion Percentage: 66.8%
• Rushing Yards: 1,909 yards
• Interceptions: 80

He ranks among the top quarterbacks in NFL history for completion percentage and passer rating, further cementing his legacy as one of the league’s most reliable players.

Playing Style

Prescott is widely regarded as a dual-threat quarterback. His ability to run the ball effectively when needed adds a dynamic element to his game. Mobility is one of his strengths, allowing him to extend plays, evade pressure, and pick up critical yards on the ground when needed. This, combined with his pocket poise and strong arm, allows him to make precise throws downfield.

Prescott is also known for his leadership. He commands the offense with authority on the field and off the field. His work ethic and community involvement have made him a beloved figure in Dallas.

Contracts and Earnings

Prescott’s financial journey is just as impressive as his on-field performance. After his rookie contract, he faced a pivotal point in his career when the Cowboys placed the franchise tag on him in 2020, earning him $31.4 million that year.

In 2021, Dak signed a historic four-year, $160 million contract, including $126 million guaranteed and a $66 million signing bonus—at the time, the highest in NFL history. This deal solidified Prescott as one of the top earners in the NFL.

In 2024, Dak extended his contract again, signing a four-year, $240 million deal. This contract made Prescott the highest-paid player in NFL history, with a record-breaking $60 million per year average. The contract included an $80 million signing bonus and $231 million guaranteed, setting a new benchmark for NFL contracts.

Key Financial Highlights:

• Total career earnings (including endorsements): Over $239.9 million.
• His endorsements with major brands, such as AT&T, Adidas, Pepsi, and more, contributed another $50 million to his earnings.

Career and Earnings Overview of Dak Prescott

Dak Prescott’s earnings have significantly risen since his rookie season. Drafted by the Dallas Cowboys in the fourth round of the 2016 NFL Draft, he signed his initial contract worth $2.7 million over four years, with an average annual salary of $680,000.

This was a modest amount for an NFL quarterback, especially considering Prescott would soon take over the starting quarterback role after an injury to Tony Romo.

His performance that season, where he led the Cowboys to a 13-3 record, earned him the NFL Offensive Rookie of the Year award, which set him up for much higher financial returns in the future.

By 2020, Prescott’s financial trajectory took a significant leap when the Cowboys placed the franchise tag on him, which paid him $31.4 million for that year. This was a substantial increase from his rookie deal, positioning him as one of the highest-paid players in the league for that season. Despite a devastating ankle injury in 2020, Prescott’s value remained strong, leading to a groundbreaking contract in 2021.

In March 2021, Dak Prescott signed a four-year, $160 million contract with the Cowboys. This deal included a $126 million guaranteed and a $66 million signing bonus, the highest in NFL history.

The contract had an average annual value (APY) of $40 million, placing him among the top earners in the league. Over the first three years of the deal, Prescott was set to earn an average of $42 million per year.

However, Prescott’s most significant financial milestone came in 2024, when he signed a four-year, $240 million contract extension with the Cowboys, making him the first player in NFL history to earn over $60 million per year.

The extension included a $231 million guarantee, with a massive $80 million signing bonus.

This contract secured Prescott’s position as the highest-paid player in the NFL, surpassing other elite quarterbacks like Patrick Mahomes and Joe Burrow.

This new deal ensures that Prescott remains the financial cornerstone of the Cowboys’ franchise for years to come.

Earnings by Team

Throughout his career, Dak Prescott has only played for the Dallas Cowboys, where he has built his reputation and financial success. Over his eight seasons with the team, Prescott has earned a total of $239.9 million in salary alone. This figure does not account for his substantial endorsement deals, further boosting his net worth.

The Cowboys’ investment in Prescott has been significant in terms of his performance on the field and his impact on the team’s salary cap.

His 2024 contract extension carries a $44.6 million cap hit, representing 17.2% of the Cowboys’ total cap space for the season.

By 2025, Prescott’s salary cap hit will increase to $89.9 million, placing considerable financial pressure on the team to balance their roster while maintaining Prescott’s elite status.

Contract Details

Prescott’s contract history is a testament to his negotiation skills and the Cowboys’ commitment to him as their franchise quarterback.

After his rookie contract, Prescott’s first significant deal came in 2021 with the four-year, $160 million contract, including $126 million guaranteed.

This deal came after Prescott’s recovery from a severe ankle injury, proving the Cowboys’ faith in his long-term potential.

At the time, the $66 million signing bonus with this contract was the highest in NFL history.

The 2024 contract extension, however, shattered all previous records. This four-year, $240 million deal includes $231 million guaranteed and an $80 million signing bonus.

Prescott’s salary structure under this contract provides him with substantial upfront earnings and fully guaranteed salaries for the 2024 and 2025 seasons.

Guaranteed Money: Prescott’s contracts have ensured significant financial security, with $231 million guaranteed under his 2024 extension. This amount is one of the highest guarantees ever given to an NFL player, ensuring Prescott’s financial stability even if injury or performance declines.

Cash Payouts: In 2024, Prescott will receive a cash payout of $86.25 million, which includes his base salary, prorated signing bonus, and other guarantees. This makes him the highest-paid player in the league for the year, a title he will likely hold for this contract.

Salary Cap Impact: Prescott’s contract significantly impacts the Cowboys’ salary cap. In 2024, his cap hit is $44.6 million, accounting for 17.2% of the team’s total cap.

His cap hit will rise to $89.9 million in 2025, reflecting the substantial investment the team has made in its star quarterback.

Despite the large-cap hits, the contract structure allows the Cowboys some flexibility in managing their salary cap through prorated bonuses and early guarantees.

Dead Money

Prescott’s contract also includes substantial dead money, the amount the Cowboys would still owe him in case of a trade or release.

In 2024, the dead money attached to Prescott’s contract will be $195.6 million, reflecting the massive guarantees included in his extension.

This figure will decrease to $150.9 million by 2025, but it still represents a significant financial commitment by the Cowboys.

The high dead money figures ensure that Prescott is essentially untouchable in terms of trade or release, solidifying his position as the team’s long-term quarterback.

Awards and Honors

Numerous accolades have marked Prescott’s career for his athletic performance and character. Some of the most notable honors include:

• NFL Offensive Rookie of the Year (2016).
• There are three Pro Bowl selections.
• Walter Payton, NFL Man of the Year (2022), recognizes his charitable work and leadership off the field.
• Pepsi NFL Rookie of the Year.
• Holds several NFL and Dallas Cowboys franchise records.

Records

Prescott holds various records from his time in the NFL, including:

• Most completions by a rookie quarterback.
• Most passing touchdowns in a season by a Dallas Cowboys quarterback (37 in 2021).
• Highest passer rating for a rookie season (104.9).

His ability to consistently set records shows his level of play and dedication to improving year after year.

Personal Life

Outside of football, Prescott has faced personal challenges and triumphs. In 2013, he lost his mother, Peggy, to colon cancer, a loss that profoundly impacted him.

He established the Faith Fight Finish Foundation to honor her, which supports those dealing with adversity.

In 2020, tragedy struck again when Dak’s older brother, Jace, died by suicide. Despite these personal hardships, Prescott has remained a pillar of strength on and off the field.

Recently, Prescott got engaged to his girlfriend, Sarah Jane Ramos, and the couple welcomed their daughter, Margaret Jane Rose, in early 2024.

Prescott often shares how becoming a father has reshaped his perspective and further fueled his desire to succeed as an athlete and a role model.

Team History

Since being drafted in 2016, Prescott has played his entire NFL career with the Dallas Cowboys. Over the years, he has become synonymous with the team, leading them to multiple division titles and playoff appearances. His leadership and consistent performance have made him the face of the franchise.

Social Media Accounts

FAQs About Dak Prescott

Did Dak Prescott get a big contract?

On Monday, some 20 hours after the Cowboys beat the Cleveland Browns, Prescott signed a four-year contract extension worth $240 million on a leather couch in Jerry Jones’ office at the Star with the owner and general manager, and executive vice presidents Charlotte Jones and Stephen Jones sitting next to him.

What is Dak Prescott’s 2024 salary?

Dak Prescott’s base salary for the 2024 season is $1.25 million. After accounting for his signing bonus, though, his total cash for 2024 is $81.25 million.

Does Dak Prescott have a master’s degree?

Dak Prescott is a two-time member of the SEC Academic Honor Roll. He received his undergraduate degree in educational psychology in December 2014 and completed his master’s degree in workforce leadership in December 2015.

Does Dak Prescott have kids?

How many kids do Dak Prescott and Sarah Jane Ramos have? They are proud parents to one child. Prescott and Jane welcomed their first child on February 29, 2024, whom they named Margaret Jane Rose Prescott.

How long has Dak Prescott been with the Cowboys?

Prescott, 31, was a fourth-round pick in the 2016 NFL draft. He is headed into his ninth season in the NFL, all with the Cowboys.

What car does Dak Prescott drive?

RealTruck worked with Dak Prescott to ensure his 2022 Ford F-350 had the accessories and upgrades needed to improve everything from utility and comfort to security and performance on his already formidable Ford.

Who is Dak Prescott’s ex-girlfriend?

Here’s everything about Dak Prescott’s ex-girlfriend, Natalie Buffett, and her relationship with the athlete.

How much is Dak Prescott’s house?

Prescott purchased the sprawling estate in Prosper back in 2019, and it is presently valued at just over $3 million.

Conclusion

Dak Prescott’s financial journey is remarkable, with record-breaking contracts and lucrative endorsements fueling his net worth. Be sure to explore more content on NFL Player Fortune, where we cover the financial details of top NFL stars. Leave your thoughts in the comments and share this article with fellow fans.