Dallas Cowboys quarterback Dak Prescott is a new investor in the restaurant industry, taking a 20 percent stake in Walk-On’s, a sports-themed bar and eatery, as reported by CNBC.
Prescott will take co-ownership of Walk-On’s in its Dallas-Fort Worth and Waco-area locations and joins former New Orleans Saints quarterback Drew Brees, who is co-owner of the parent company, Walk-On’s Enterprises. The financial terms of Prescott’s investment were not made available.
Walk-On’s also operates in Florida and is looking to expand to Colorado and Ohio. Walk-On’s has 51 restaurants operating and wants to expand to roughly 70 locations by the end of 2021.
Prescott, 27, signed a four-year, $160 million deal ($126 million is guaranteed) with the Cowboys in March. He’ll make $75 million in 2021, including a $9 million base salary and $66 million signing bonus, the largest in NFL history.