REPORT: PRESCOTT/COWBOYS REACH FOUR-YEAR DEAL

Multiple sources are reporting the Dallas Cowboys and quarterback Dak Prescott have agreed to a four-year, $160 million contract, including $126 million guaranteed.

Sources also say Prescott's signing bonus is $66 million, the highest in NFL history. The first three years of the deal average $42 million per year.

The Cowboys announced they had agreed to a contract with Prescott but did not disclose terms.

The Cowboys will place the franchise tag on Prescott on Tuesday as a procedural matter.  The Cowboys announced they will hold a Wednesday news conference.

Prescott, who turns 28 in July, is coming off a compound fracture and dislocation of his right ankle suffered in Week 5, but he was predicted to make a full recovery during the offseason.

Prescott, the Cowboys' 2016 fourth-round pick, has posted a 42-27 record with 17,364 passing yards to go along with 106 touchdown passes and 40 interceptions.