Cowboys sign Dak Prescott to $160 million extension with no-trade clause

On the eve of Tuesday’s franchise tag deadline, the Dallas Cowboys have struck a deal with quarterback Dak Prescott.

ESPN has the details:

The Dallas Cowboys and quarterback Dak Prescott have agreed to a four-year, $160 million contract, including $126 million guaranteed, a source told ESPN’s Adam Schefter.

The deal, which is technically for six years but voids to four so as to help Dallas against the salary cap, can be worth up to $164 million, a source said.

Prescott’s signing bonus is $66 million, the highest in NFL history, with $75 million due in year one, Schefter reported. The first three years of the deal average $42 million per year, according to a source.

Prescott was franchise tagged last season after the two sides failed to come to terms on a long-term contract. A brilliant start to 2020 sadly ended in horrible fashion after he broke his ankle in Week 5 against the New York Giants. The Cowboys did have Andy Dalton as a serviceable backup but they also endured Ben DiNucci and Garrett Gilbert for a couple of games.

We really wouldn’t make this a story on Field Gulls, but because the Cowboys were on Russell Wilson’s apparent list of teams he’d approve a trade to, this news basically wipes out Dallas once and for all. And before you even think about suggesting otherwise, Prescott also has a no-trade clause in his new deal so any such convoluted Wilson for Prescott swap would have to involve them both waiving those clauses as opposed to just Russ.

So good for Dak, who will surely be expected to bring the Cowboys to Super Bowl contention, and ideally we can close any “Wilson to Dallas?” speculation as a result of this announcement.