Dak Prescott and the Dallas Cowboys have reportedly finalized a significant contract extension that will secure the quarterback’s tenure in Dallas for the foreseeable future. According to ESPN’s Adam Schefter, Prescott will obtain a historic four-year, $240 million contract deal with the Cowboys.
What is Dak Prescott’s net worth and salary?
Dak Prescott is an American professional football player with a net worth of $60 million and an annual income of $42 million, according to Celebrity Net Worth. Dak Prescott is primarily recognized as the Pro Bowl quarterback for the Dallas Cowboys.
Dak Prescott’s Contracts & Earnings
Dak’s base pay for 2018 was $600,000, with eligibility for a contract extension at the season’s conclusion. Rumors said that he would likely sign a $100 million extension, maybe reaching $140 million to align with Jimmy Garoppolo’s 2017 contract.
However, that did not occur. In August 2019, Dak declined a multi-year contract that would have compensated him $30 million annually.
Declining this contract appeared to be a poor decision months later when Dak sustained a severe leg injury that many believed could ruin his career. Fortunately, it was not detrimental to one’s career.
On March 8, 2021, it was revealed that Dak Prescott and the Cowboys had reached an agreement on a four-year contract valued at $160 million, which included $126 million guaranteed.
The agreement included a $66 million signing bonus, the most in NFL history at that time. During the initial three years of his contract, he would get an average annual compensation of $42 million.
Dak Prescott has accumulated approximately $131 million in pay from the NFL and more than $50 million in endorsements via sponsorships with AT&T, Adidas, Pepsi, Campbell’s Chunky Soup, Sleep Number, New Era, Beats by Dre, Direct TV, 7-Eleven, Oikos, and CitiBank.
Salary of Dak Prescott
Dak Prescott is presently among the highest-compensated athletes in the NFL, with an annual average salary of $40 million.
His four-year, $160 million contract with the Cowboys includes a basic salary of $1,700,000, a signing bonus of $13,200,000, and a restructure bonus of $11,932,647 for 2023. His deal has a cap hit of $26,832,647 in 2023 and a dead cap value of $89,070,000.
In 2024, Prescott will receive a base salary of $29,000,000 and a restructuring bonus of $5,000,000, with a cap hit of $55,132,647 and a dead cap value of $66,915,000.
Should you be eager for more updates and insights about celebrities, check out our previous posts where we’ve meticulously explored every detail.
Career Earnings of Dak Prescott
Dak Prescott has accumulated around $162,317,825 in career earnings over seven seasons as the quarterback for the Cowboys. Of this amount, $39,404,000 was allocated just for salaries. He has additionally accrued over $50 million from endorsement agreements with prominent brands.
Endorsements of Dak Prescott
Dak Prescott is said to have generated nearly $50 million only from endorsements. He sponsors products such as AT&T, Adidas, and Beats by Dre. This is a detailed enumeration of Dak Prescott’s endorsement agreements:
- 7-Eleven
- Beats by Dre
- Oikos Triple ZeroKeurig
- The Gentleman’s Playbook
- Jordan Brand
- Sleep Number
- Distributed Ledger Technology
- DirecTV
Dak Prescott Investments
Prescott is an investor in the Plano firm OxeFit, a workout program that employs artificial intelligence and robotics to improve strength training. Prescott allocated $12.5 million to the firm, in conjunction with Lydia Partners and other former NFL stars.
Home of Dak Prescott
Dak Prescott possesses a 9,000-square-foot mansion in Prosper, Texas. The property encompasses 7 acres and is valued at $3.3 million. It comprises an indoor sports simulator theater, a game room, an outdoor pool, and a customized field for football practice. The master bathroom in the mansion features a jacuzzi tub, steam shower, and a private exercise room that leads to the backyard.
Cars of Dak Prescott
The Cowboys’ starting quarterback is recognized for his fervent enthusiasm for automobiles. He has been observed operating a black Dodge Challenger SRT Hellcat and possesses several other vehicles, including an Escalade, Tesla, Chevrolet Corvette Stingray, Mercedes-Benz G63 AMG, Mercedes-Benz C63, and a Lamborghini Urus.
Dak Prescott Charity
Dak founded the Faith Fight Finish Foundation in 2013 to commemorate his mother, who succumbed to colon cancer that year after a prolonged struggle. The foundation assists those in need by allocating financial resources.
Double-check your awareness of celebrities’ riches by utilizing Wortholino.