UNSUPPORTED BROWSER
SI Wire

Report: Tony Romo, Cowboys agree to restructured contract

The Dallas Cowboys are 136-136 since 1997. (Richard W. Rodriguez/Fort Worth Star-Telegram/MCT via Getty Images) Tony Romo signed a $108 million deal last year. (Richard W. Rodriguez/Fort Worth Star-Telegram/Getty Images)

The Dallas Cowboys and quarterback Tony Romo have agreed to a restructured contract that will help bring the team to less than $1 million over the salary cap, according to Todd Archer of ESPN.

Archer reports the Cowboys' conversion of $12.5 million of Romo's $13.5 million base salary into a signing bonus will drop his salary-cap figure from $21.773 million to $11.773 million.

The six-year contract extension Romo signed last year was worth $108 million and included $55 million guaranteed. The Cowboys designed the contract to be restructured in the second year of the deal in anticipation of working under this season's salary cap.

BURKE: Players who hurt their free-agent value in 2013

Romo's reworked numbers, combined with expected restructured contracts with linebacker Sean Lee and defensive back Orlando Scandrick, will create another $6.8 million in cap room, according to the report, leaving the team less than $1 million over their $134.55 million cap. The Cowboys gave Scandrick a two-year extension late last season that guaranteed him $9 million. Lee was signed to a six-year extension worth as much as $51 million prior to last season.

The Cowboys could further reduce their cap number with the release of defensive end DeMarcus Ware and/or receiver Miles Austin. Ware will count $16 million against the cap but would give the Cowboys $7.4 million in relief if he is released. The Pro Bowler also could work out a restructured deal. Austin will count $8.249 million against the cap but provide a $5.5 million savings if he is released after June 1.

More SI Wire

Close

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 4 easy steps:

  1. Click the Chrome menu on the browser toolbar.
  2. Select Bookmarks.
  3. Select Bookmark manager.
  4. Locate your current Sports Illustrated bookmark, click the Organize menu, then select Edit. You can now easily update the web address of your Sports Illustrated bookmark.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 2 easy steps:

  1. Click the Safari bookmark manager on the browser toolbar.
  2. This will open the Bookmarks Bar. In the Bookmarks Bar, select your Sports Illustrated bookmark and manually edit the Address field.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 3 easy steps:

  1. Click the Firefox bookmark manager on the browser toolbar.
  2. Select Show All Bookmarks.
  3. This will open the library window. In the Library window, select your Sports Illustrated bookmark and manually edit the Location field.

    Our updated web address is http://www.si.com.
Don't Show This Again