BREAKING: Tony Romo deal DONE. 6 year, 108m. 55 mil guaranteed

[Midswat]

Todd Archer

IRVING, Texas -- A long-term deal between the Dallas Cowboys and quarterback Tony Romo is "imminent," according to sources.

The deal would knock down his $16.8 million salary-cap figure and allow the Cowboys to make other moves in free agency.

The sides have had on-and-off talks for most of March. The Cowboys hoped to sign Romo to an extension last summer, but the quarterback put contract talks on hold so he could concentrate on the season.

According to sources, the Cowboys could not have used the franchise tag on Romo next year because his original contract would not have voided until after the franchise tag window closed. Even if the Cowboys could have used the tag on him it could cost between $26 million to $28 million to do so, which would have been prohibitive.

Romo is scheduled to make $11.5 million in 2013

 

[Midswat]

‏@AdamSchefter 4m Cowboys and Tony Romo reached an agreement on blockbuster 6-year extension that makes him highest paid player in team history, per sources.

@AdamSchefter 2m Cowboys Chief Operating Officer Stephen Jones and one of Romo’s agents, CAA’s R.J. Gonser, did the record six-year deal together.

@richiewhitt 1m #Cowboys' close to contract extension w/ Tony Romo. 4-6 years and will immediately create approx $8 million of room under salary cap.

 

[Midswat]

@RapSheet: #Cowboys and Tony Romo strike a deal. Per RJ Gonser of CAA, it's 6-year extension with $55M guaranteed. More than Flacco.

 

[superpunk]

AWESOME

 

[Midswat]

Good news. Now fix the Oline Jerry.


‏@AdamSchefter 1m And here are the numbers: Dallas is giving QB Tony Romo a six-year extension worth $108 million, per sources.

 

[cmd34(work)]

yes!

now, most importantly, what does it bring his 2013 cap number down to?

 

[superpunk]

Good news. Now fix the Oline Jerry.


‏@AdamSchefter 1m And here are the numbers: Dallas is giving QB Tony Romo a six-year extension worth $108 million, per sources.

 

[Midswat]

yes!

now, most importantly, what does it bring his 2013 cap number down to?

Supposedly frees up 8mil for this year.

 

[iceberg]

yes!

now, most importantly, what does it bring his 2013 cap number down to?

overall numbers also. backloaded not likely to see? anxious to see the rest of this but damn happy it got done.

 

[Bob Sacamano]

@AdamSchefter 2m Cowboys Chief Operating Officer Stephen Jones and one of Romo’s agents, CAA’s R.J. Gonser, did the record six-year deal together.

um, k

I'm interested in reading dbair's reaction.

 

[Slatemosphere]

Hahahahajahahahah we are fucked hahahahaha

 

[Hoofbite]

Supposedly frees up 8mil for this year.

So....there's a shit ton on the back end?

With 55M guaranteed?

Wow.

 

[Bob Sacamano]

Romo deal done.

How much cap money do we save?

Like we're going to do anything in 2013.

 

[eagle-9r-sknh8r]

The rest of the NFC east is just as happy!
Tony turnover!

 

[Bob Sacamano]

Should we put the search for Romo's replacement on hold?

 

[cmd34(work)]

Romo deal done.

How much cap money do we save?

Like we're going to do anything in 2013.

Andre Smith is still available.

 

[bbgun]

So....there's a shit ton on the back end?

With 55M guaranteed?

Wow.

yes, we will be owing him more and more money as his skills are declining. rue.

 

[2233boys]

Should we put the search for Romo's replacement on hold?

A franchise run by a fake GM would so yes we will. A smart franchise wouldn't put it on hold. Sick of this team.

 

[ZeroClub]

@AdamSchefter 4m Cowboys and Tony Romo reached an agreement on blockbuster 6-year extension that makes him highest paid player in team history, per sources.

If you stand back and take a look at this, it is a pretty cool rags to riches story. ... UDFA makes himself a megamillionaire.

Some postseason success would be welcome too.

 

[Midswat]

‏@donovanjmcnabb
Tony Romo 6 yr 55 million dollar extension. Wow really, with one playoff win. You got to be kidding me