facebook
twitter
rss
account
search
search
 

Dallas Cowboys and Tony Romo restructure his contract to create cap space

The team converted $12.5 million of Romo's $13.5 million base salary into a signing bonus.
By Evan Bleier   |   March 4, 2014 at 3:48 PM   |   Comments

| License Photo
IRVING, Texas, March 4 (UPI) -- The contract of Dallas Cowboys quarterback Tony Romo will be restructured in a way that will allow the team to create $10 million in cap space heading into the 2014 free agency period in the NFL.

After the team converts $12.5 million of Romo's $13.5 million base salary into a signing bonus, the Cowboys will be less than $1 million over the salary cap. Romo signed a six-year extension last year that was worth $108 million with $55 million guaranteed.

The team also restructured the contracts of linebacker Sean Lee and defensive back Orlando Scandrick to create $6.8 million in cap space.

If the Cowboys want to create more space, they could part ways with defensive end DeMarcus Ware or wide receiver Miles Austin. The team would save $7.4 million by releasing Ware and $5.5 million by cutting Austin. Of the two, it would seem more likely that Austin gets released.

Executive vice president Stephen Jones said the Cowboys will be "efficient" spenders in free agency when he spoke with ESPN at the NFL scouting combine in Indianapolis.


[ESPN]

Follow @itishowitis and @UPI on Twitter.
Contact the Author
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
WATCH: Eric Bledsoe shakes Clippers guard all the way off the court WATCH: Eric Bledsoe shakes Clippers guard all the way off the court
2
Bowling to introduce new scoring system
3
Lions bring stingy defense to London, aim to ground Falcons
4
Pirates agree to minor league deal with Stinson
5
NCAA Game Summary - Miami-Florida at Virginia Tech
Trending News
Around the Web
x
Feedback