Thursday, April 16, 2026

Cowboys, Dak Prescott Agree to Record Contract Extension

  • The extension, which sets multiple records, was reportedly completed five hours before the Cowboys’ first game of the season.
  • Prescott was set to be a free agent next year, with the Cowboys barred from using a franchise tag.
Jerome Miron-USA TODAY Sports

Mere hours ahead of the Cowboys’ season debut in Cleveland, a year-long standstill is over.

Per NFL Media Dak Prescott has agreed to a four-year deal worth $240 million dollars, with a staggering $231 million guaranteed. The $60 million per year figure is the highest in NFL history, easily clearing the $55 million per year marks of Trevor Lawrece, Joe Burrow, and Jordan Love. The guarantee is also the largest in NFL history, outpacing DeShaun Watson’s $230 million.

The 30-year-old Prescott was entering the final season of his previous contract and set to become an unrestricted free agent next year. A clause in that deal included a no-trade clause and also restricted Dallas from using the franchise tag.

Prescott is a three-time Pro Bowler who led the NFL in passing touchdowns in 2023. He’s been one of the NFL’s best statistical QBs since debuting, but Dallas has only won two playoff games during his tenure.

https://twitter.com/DMRussini/status/1832807541941666276

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 15, 2026; Inglewood, California, USA; Golden State Warriors guard Stephen Curry (30) drives past Los Angeles Clippers guard Kris Dunn (8) and guard Darius Garland (10) in the second half during the play-in rounds of the 2026 NBA Playoffs at Intuit Dome.
exclusive

NBA Is in Talks With Kalshi and Polymarket

Discussions ramped up after the CFTC began engaging with leagues, sources say.

New Jersey Gov. Blames FIFA For Possible $100 World Cup Train

FIFA said it’s “quite surprised” by New Jersey’s attack.

NFL Draft Week Brings Tension, Trade Rumors, Pittsburgh Frenzy

Trade talk grows while hotel rooms in Pittsburgh remain historically expensive.
[US, Mexico & Canada customers only] Sep 5, 2025; Sao Paulo, BRAZIL; Los Angeles Chargers wide receiver Keenan Allen (13) runs against Kansas City Chiefs cornerback Trent McDuffie (22) in the second half during a NFL game at Corinthians Arena. Mandatory Credit: Jean Carniel/Reuters via Imagn Images
exclusive

NFL, YouTube in Advanced Talks for 5-Game Package

The deal has yet to be finalized.

Featured Today

blake griffin

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.
Matthew Schaefer/Front Office Sports
April 10, 2026

Matthew Schaefer Has the Hockey World in His Thrall

The teenage Islanders defenseman cannon-balled into the NHL.
April 9, 2026

College Athletes Are Ignoring NCAA Gambling Bans

“We were going to bet regardless,” says one former D-I athlete.
April 8, 2026

Why Did FIFA Do a Deal With an Obscure Prediction Market?

The product is scheduled to launch on Thursday.

Sophia Wilson on Returning to Soccer With a Million-Dollar Deal

Wilson became the NWSL’s first million-dollar player this offseason.
Jan 13, 2026; San Francisco, California, USA; Golden State Warriors guard Stephen Curry (30) looks to shoot a jump shot against the Portland Trail Blazers in the third quarter at Chase Center.
April 14, 2026

Steph Curry Auctions 75 Pairs of Shoes As Sneaker Free Agency Looms

Sneakers Curry wore to a 2010 game are going for more than $50,000.
Apr 11, 2026; Philadelphia, Pennsylvania, USA; Philadelphia Phillies infielder Alec Bohm (28) throws to first against the Arizona Diamondbacks in the second inning at Citizens Bank Park.
April 14, 2026

Alec Bohm’s Family Feud Heats Up As Parents Push Back

The third baseman claims his parents took advantage of him.
Sponsored

From Gold Medalist to Business Founder

Allyson Felix on investing in women’s sports and what comes next for track & LA28.
April 14, 2026

Valkyries GM Avoids Questions After Draft Trade: ‘I’m Exhausted’

Golden State traded Flau’jae Johnson to Seattle for two second-rounders.
April 13, 2026

Azzi Fudd Gets $500K Salary As WNBA No. 1 Pick

The new CBA sets a $500,000 salary for the first pick.
April 13, 2026

Carlos Alcaraz Cracks Top 4 in Career Earnings Despite Loss

Jannik Sinner reclaimed the world No. 1 ranking. 
April 10, 2026

WNBA Free Agency Tracker: Welcome to the Million-Dollar Era

The supermax deal is worth $1.4 million per year.