CeeDee Lamb Agrees to Record-Breaking $136M Contract Extension with Cowboys

CeeDee Lamb has secured a record-breaking four-year, $136 million contract extension with the Dallas Cowboys, making him the second-highest paid non-quarterback in NFL history.

The 25-year-old wide receiver will receive $100 million in guaranteed money and will not become a free agent until 2028. His deal includes a $38 million signing bonus, the largest ever given to a wide receiver.

Lamb’s contract only trails Justin Jefferson’s four-year, $140 million deal with the Vikings among wideouts in the league.

Lamb’s agent, Tony Dandy, negotiated the extension with the Cowboys, according to ESPN.

Lamb had refused to take the field for the Cowboys in their usual preseason training camp base in Oxford, California, as he sought to resolve his contract situation before playing football, worrying fans in the process. Under his rookie deal, he would have played under a $17.99 million fifth-year option this season.

Cowboys wideout CeeDee Lamb has become the second highest paid player in his position

Lamb earned All-Pro first-team honors and set franchise records in 2023 with 135 receptions for 1,749 yards and 12 touchdowns.

The Cowboys drafted Lamb 17th overall in 2020. He has amassed 395 catches for 5,145 yards and 32 touchdowns in 66 games (61 starts).

Star pass rusher Micah Parsons and quarterback Dak Prescott also are looking to get restructured contracts, and the team has said it intends to get those deals done.

Prescott figures to get paid, either by Dallas or another team willing to go north of $50 million per year if the Cowboys let his contract expire after this season.

After his worst flop yet in a shocking home wild-card loss to Green Bay last season, Prescott faces questions of whether he’s the guy to do what Tony Romo couldn’t in 10 years as the starter.

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This will be the ninth try for the 31-year-old entering the final season of a club-record $160 million, four-year contract.

The Cowboys say they want to keep him. Prescott, who replaced an injured Romo in his first training camp and started from the get-go, says he wants to stay.

Yet the 2016 AP NFL Offensive Rookie of the Year remains a lame duck QB for 2024, with the Cowboys at 28 years and counting since their most recent trip to the NFC championship game. Dallas won its fifth Super Bowl title to finish the 1995 season.

‘I don’t think that’s pressure,’ Prescott said from training camp in California this month. ‘I don’t necessarily worry about the talk. I’m confident in getting something done. I’m confident in the front office here. I’m under contract right now so all I need to do is be the best I can be for my job.’