After months of speculation and “good conversations,” the Dallas Cowboys have reportedly agreed to an extension with quarterback Dak Prescott on a four-year, $240 million deal.

The 31-year-old, who was entering the final season of a four-year, $160 million deal, sought to negotiate a new extension ahead of the season. However, both he and three-time Pro Bowler and star wideout CeeDee Lamb were eligible for new contracts at the same time, which proved tricky for the organization.

Lamb was awarded his extension first, signing a four-year, $136 million extension last week, ending his preseason hold out. 

Last season, Prescott totaled 4,516 passing yards, an NFL-high 36 passing touchdowns, nine interceptions and a 105.9 passer rating, while completing 69.5% of his passes. His passer rating and completion percentage were career bests en route to helping Dallas post its third consecutive 12-win season.

Dallas opens the 2024 NFL regular season on the road against the Cleveland Browns on Sunday at 4:25 p.m. ET on FOX and the FOX Sports app.

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