The extension comes with $90 million in new money with $50 million guaranteed, according to NFL Network’s Ian Rapoport. The plan is for Elliott to be at practice Wednesday, according to Archer.
Elliott’s signing is one if three main Notable transactions by the Cowboys this off-season. They signed OT La’el Collins to a fuve-year, $50 million extension on Tuesday, and signed LB Jaylon Smith to a five-year, $64 million extension on August 20.
With the deal, Elliott becomes the highest-paid running back in the NFL based on guaranteed money. The $50 million surpasses Todd Gurley’s $45 million, Le’Veon Bell’s $35 million, David Johnson’s $31.8 million, and Saquon Barkley’s $31.2 million.
In 40 games across three NFL seasons, Elliott — a two-time Pro Bowler — has rushed for 4048 yards and 28 touchdowns on 868 attempts. He has ran for 1199 yards and six touchdowns on 135 receptions. He leads the NFL among active players with 101.2 rushing yards per game.