Dak Prescott won't be hitting the open market. Instead of another offseason of uncertainty, Prescott and the Cowboys have come to terms on a four-year, $160 million contract that includes $126 million in guaranteed money. The Cowboys quarterback is signed through the 2024 season.
Prescott's deal comes less than a year after Patrick Mahomes and the Chiefs struck a whopping 10-year contract extension that will keep the former league and Super Bowl MVP in Missouri through the 2031 season. While Mahomes' contract remains the gold standard, Prescott's $66 million singing bonus is the highest in league history.
How, exactly, do the rest of the league's QBs stack up in terms of contracts, though? Here's a rundown of the top 20 highest-paid signal-callers entering the 2021 season:
| Player | Team | Contract Length | Average Per Year | Year Signed |
|---|---|---|---|---|
Patrick Mahomes | Chiefs | 10 years | $47M* | 2020 |
| Dak Prescott | Cowboys | 4 years | $42M** | 2021 |
Russell Wilson | 4 years | $35M | 2019 | |
| Ben Roethlisberger | Steelers | 2 years | $34M* | 2019 |
| Aaron Rodgers | Packers | 4 years | $33.5M | 2018 |
Jared Goff | Rams* | 4 years | $33.5M | 2019 |
| Kirk Cousins | Vikings | 2 years | $33M | 2020 |
| Carson Wentz | Eagles* | 4 years | $32M | 2019 |
| Dak Prescott | Cowboys | 1 year | $31.4M | 2020 |
| Matt Ryan | Falcons | 5 years | $30M | 2018 |
Ryan Tannehill | 4 years | $29.5M | 2020 | |
| Jimmy Garoppolo | 49ers | 5 years | $27.5M | 2018 |
| Matthew Stafford | Lions* | 5 years | $27M | 2017 |
| Derek Carr | Raiders | 5 years | $25M | 2017 |
| Drew Brees | Saints | 2 years | $25M | 2020 |
| Tom Brady | Buccaneers | 2 years | $25M | 2020 |
| Teddy Bridgewater | Panthers | 3 years | $21M | 2020 |
*Mahomes' deal is worth $477 million but can top out at $503 million -- so he will earn at least $47 million annually. Roethlisberger adjusted his salary this offseason while accepting a $5 million pay decrease. Goff and Stafford swapped teams during a trade between the Rams and Lions earlier this offseason. Wentz was traded from Philadelphia to Indianapolis earlier this offseason.
**Prescott will make an average of $42 million per year for the first three years of his contract.
While Prescott has received his long-awaited contract, several other notable quarterbacks are still in search of long-term deals. Among those quarterbacks include Ravens quarterback Lamar Jackson, who is entering the final year of his rookie contract.