Skip to main content

Report: Tony Romo, Cowboys agree to restructured contract

Tony Romo signed a $108 million deal last year. (Richard W. Rodriguez/Fort Worth Star-Telegram/Getty Images)

The Dallas Cowboys are the NFL's most valuable team. (MCT via 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.

could further reduce their cap number