Dak Prescott Net Worth

What Is Dak Prescott's Net Worth and Salary?

Dak Prescott is an American professional football player who has a net worth of $90 million. His salary is $60 million per year. Dak Prescott played college football at Mississippi State, where he set numerous school records and earned All-SEC honors. The Cowboys selected Prescott in the fourth round of the 2016 NFL Draft.

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Prescott unexpectedly became the Cowboys' starting quarterback as a rookie after Tony Romo suffered an injury. He excelled in the role, leading the team to a 13-3 record and earning NFL Offensive Rookie of the Year honors. Since then, Dak has established himself as Dallas's franchise quarterback.

Throughout his career, Prescott has been known for his leadership, mobility, and ability to make plays under pressure. He's led the Cowboys to multiple playoff appearances and has been selected to the Pro Bowl twice. In 2021, he signed a lucrative four-year contract extension with the team. In 2024, he signed a 4-year $240 million deal that made Dak the first player to break the $60 million per year salary barrier and made him the highest-paid player in the NFL.

Early Life

Rayne Dakota Prescott was born on July 29, 1993, in Sulphur, Louisiana. He is the son of Nathaniel and Peggy Prescott. His mother worked as a manager of a truck stop to support the family while Dak was in school. Prescott attended Haughton High School, where he played quarterback for the Buccaneers and led them to a championship. As a three-star recruit, Dak accepted a scholarship to Mississippi State, where he was a two-time First-team All-SEC selection and won the Conerly Trophy twice. Over his four-year college career, Prescott set 38 school records.

NFL

With the 135th overall pick in the fourth round of the NFL Draft, the Dallas Cowboys selected Dak as a young quarterback to groom behind starter Tony Romo. However, after other players became injured, Prescott rose up the depth chart, and he took over the starting role in week three of the 2016 preseason. Dak impressed coaches with his playing and held down the spot.

Prescott won the Pepsi NFL Rookie of the Year and the AP NFL Offensive Rookie of the Year awards and was named to the PFWA All-Rookie Team. He was also a Pro Bowl selection in 2016. Dak started all 16 games and threw for 23 touchdowns and 3,667 yards. He helped lead the Cowboys to the top seed of the NFC and set several rookie quarterback records. Since then, the Dallas Cowboys have won two additional division titles under his command, and Dak made the Pro Bowl again in 2018.

Contracts & Earnings

Dak's 2018 base salary was $600,000, but he was eligible for a contract extension at the end of the season. There had been whispers that he would almost certainly sign a $100 million extension, perhaps as much as $140 million to match Jimmy Garoppolo's 2017 deal. But that did not happen.

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In August 2019, Dak turned down a multi-year deal that would have paid $30 million per year. Rejecting this offer seemed like a bad call a few months later when he suffered a horrific leg injury that many thought was career-ending. Fortunately, it was not career-ending.

On March 8, 2021, it was announced that Prescott and the Cowboys had agreed to a four-year, $160 million contract that came with $126 million guaranteed. The deal came with a $66 million signing bonus, the highest in NFL history at that point. Over the first three years of his deal, he would earn an average of $42 million per year.

In his first eight seasons in the NFL, Dak earned over $131 million in salary alone and upwards of $50 million more in endorsements from his sponsorships with AT&T, Adidas, Pepsi, Campbell's Chunky Soup, Sleep Number, New Era, Beats by Dre, Direct TV, 7-Eleven, Oikos, and CitiBank.

In 2024, Dak signed a 4-year, $240 million extension with the Cowboys. The deal made him the highest-paid player in the league and the first person in the NFL to earn over $60 million in a single season.

Personal Life

Dak was the youngest child with two older brothers, Tad and Jace, an older sister, Natalie, and an older half-brother, Elliot. Jace died by suicide in April 2020. Dak's mother, Peggy, died of colon cancer in November 2013. He set up the Faith Fight Finish Foundation in her honor to help people deal with adversity. Prescott resides in Frisco, Texas.