Dak Prescott Net Worth: Inside the NFL Star’s Career, Contracts, and Personal Journey

Dak Prescott (Image via Getty)

Net Worth and Salary

Dak Prescott, an accomplished NFL quarterback for the Dallas Cowboys, has a net worth of $90 million and a groundbreaking annual salary of $60 million. A product of Mississippi State University, where he shattered records and earned All-SEC honors, Prescott’s NFL journey began when the Cowboys selected him in the fourth round of the 2016 NFL Draft.

Prescott rose to prominence in his rookie season, stepping in for an injured Tony Romo and leading the Cowboys to a remarkable 13-3 record. His performance earned him NFL Offensive Rookie of the Year honors and solidified his position as Dallas’s franchise quarterback. Known for his leadership, mobility, and ability to excel under pressure, Dak has guided the Cowboys to multiple playoff appearances and has been selected to the Pro Bowl twice. In 2024, he made history by signing a $240 million contract, becoming the NFL’s highest-paid player.

Early Life and Education

Born Rayne Dakota Prescott on July 29, 1993, in Sulphur, Louisiana, Dak is the youngest child of Peggy and Nathaniel Prescott. Raised by a hardworking single mother, Dak attended Haughton High School, where he excelled as a quarterback and led the Buccaneers to a championship. A three-star recruit, he accepted a scholarship to Mississippi State, where he earned two First-Team All-SEC selections and won the Conerly Trophy twice. Over his collegiate career, he set an impressive 38 school records.

Rise in the NFL

Drafted 135th general in the 2016 NFL Draft, Prescott was initially expected to learn under Tony Romo. However, injuries to teammates thrust him into the starting role, and he thrived. That year, Dak won NFL Rookie of the Year honors and led the Cowboys to the top seed in the NFC with 23 touchdown passes and 3,667 yards. Over the years, Dak has consistently led Dallas to success, including two additional NFC East division titles and another Pro Bowl selection in 2018.

Dak Prescott (Image via Getty)

Contracts and Earnings

Dak’s journey to financial success began with a modest $600,000 salary in 2018, but his persistence and talent paid off. In 2021, he signed a $160 million contract, which included $126 million guaranteed and a $66 million signing bonus—the highest in NFL history at the time. By 2024, Dak had signed a record-breaking $240 million extension, becoming the first NFL player to earn over $60 million annually.

Off the field, Prescott has garnered over $50 million in endorsements from top brands such as AT&T, Adidas, and Beats by Dre.

Personal Life and Philanthropy

Dak has faced personal adversity, including the tragic loss of his brother, Jace, in 2020 and his mother, Peggy, to cancer in 2013. To honor his mother, he established the Faith Fight Finish Foundation, which helps people overcome adversity. Prescott currently resides in Frisco, Texas.

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By Matt Harmon

Matt Harmon is a Fantasy Football Writer at OK Fantasy Football. With extensive experience in fantasy sports, he offers in-depth analysis and expert advice to help players refine their strategies. Matt is known for his accuracy in evaluating player performance and predicting team dynamics throughout the football season. You can contact him at MattHarmon@okfantastygfootball.com.

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