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Matts4313
Joined: 08 Dec 2004
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Location: Cowboys Forum ROH Class of 12
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 Posted: Mon Mar 25, 2013 1:11 pm Post subject: UPDATED: Romo Contract - 7YR/119M/$40 Guaranteed |
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UPDATE:
http://www.spotrac.com/nfl/dallas-cowboys/tony-romo/
^^^^ Link with contract info
EDIT:
| Quote: | Here’s the breakdown of Romo’s contract, not including the $25 million signing bonus:
2013: $1.5 million base salary, $11.818 million cap figure
2014: $13.5 million base salary, $21.773 million cap figure
2015: $17 million base salary, $25.273 million cap figure
2016: $8.5 million base salary, $15.135 million cap figure
2017: $14 million base salary, $19 million cap figure
2018: $19.5 million base salary, cap figure
2019: $20.5 million base salary, cap figure
With the high cap figures in 2014-15, the Cowboys can lower Romo’s base salaries to the league minimum and turn the difference into signing bonus. Such a move in 2014 could save the Cowboys $10 million in cap space but add $2.5 million to the cap figures in each of the remaining years.
In the first three years of the deal, Romo will make $57 million for a $19 million average. In the first four years of the deal, he will make $65.5 for a $16.38 average.
Without seeing the specific language, Romo was able to do well in the first three years and the team was able to do well over the first four years. Both sides would call that a win-win deal.
http://espn.go.com/blog/dallas/cowboys/post/_/id/4707104/breaking-down-tony-romos-contract |
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4 years, $68 million, with $30 million guarnteed, per Graziano tweet.
@fishsports: As we just said on @1053thefan I think #Cowboys closing in on QB Tony Romo deal
@nickeatman: You don't bring people in without the intent to buy .. Romo deal has to be close .. As in hours maybe
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| Quote: | The Cowboys had Livings sign a re-structured deal, but it was never handed in to the league office.
If the Cowboys take a guard early, Livings could possibly be released, per Nick Eatman. |
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@Edwerderespn: Cowboys negotiating multi-year deal with Anthony Spencer. That could create cap space for visiting FAs S0 Michael Huff or OL Eric Moore
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Last edited by Matts4313 on Mon Apr 01, 2013 11:15 am; edited 3 times in total |
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Captain Zapp
Joined: 03 Jan 2012
Posts: 261
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| Posted: Mon Mar 25, 2013 1:22 pm Post subject: |
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| Well, I don't hate the contract. I like that its only 4 years and 17 per seems fair for Tony. Its hard to determine without details but hopefully its set up to where 80 percent of that 30 mil signing bonus is in the first two years and the team can feasibly cut him in 2015 worst case scenario. |
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The_Slamman
Joined: 07 Feb 2005
Posts: 11669
Location: Las Vegas, NV
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| Posted: Mon Mar 25, 2013 1:24 pm Post subject: |
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If that's true, Romo just got over in a big way. Schaub signed 5 years/$66M or about $13M per year. Romo is getting $16M per year. And they got the same guaranteed money but schaubs is spread out over 5 years.
All I'm going to say is now they better give the guy an OL. |
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Matts4313
Joined: 08 Dec 2004
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Location: Cowboys Forum ROH Class of 12
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| Posted: Mon Mar 25, 2013 1:25 pm Post subject: |
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I cant find the tweet. I read elsewhere that the tweet was deleted, so it could be wrong.
As for the contract, I think its great if true. Thats in the neighborhood of what I hoped for (15 per) and the guaranteed isnt too bad either. Good for all involved, and definitely a hometown discount as compared to the open market.
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Texas_OutLaw7
Joined: 27 Mar 2005
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Location: Cowboys Forum ROH Class of '12
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| Posted: Mon Mar 25, 2013 1:27 pm Post subject: |
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YES!
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In Redball I Trust!
The price of progress is trusting the process.
Heart. Leadership. Passion. Will. |
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Desperado82
Joined: 20 Feb 2010
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Location: Maryland
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| Posted: Mon Mar 25, 2013 1:30 pm Post subject: |
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Not a bad contract. Like hearing that Livings could possibly be released.
I wonder if we'll see the likes of Durant and others be signed now that we have some cap room.
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Nextyearfordaboyz
Joined: 11 Jan 2005
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| Posted: Mon Mar 25, 2013 1:32 pm Post subject: |
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4 year contract, so essentially a 3 year extension.
I'm perfectly fine with that. Opportunity to find QB of the future in 2014 or 2015, and let him groom for a year. Any longer would have been a mistake, but I'm happy with this.
Now I just hope they don't screw it up and extend Spencer.
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Matts4313
Joined: 08 Dec 2004
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| Posted: Mon Mar 25, 2013 1:35 pm Post subject: |
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Dan Graziano @espn_nfceast 45m
OK, thanks for the tip. RT @lexhaynes88: @espn_nfceast Romo deal hours away 4 years 68 million 30 Guaranteed
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Dirk Gently
Joined: 04 Jun 2008
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| Posted: Mon Mar 25, 2013 1:36 pm Post subject: |
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Phenomenal deal for the cowboys if true.
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htfryar
Joined: 14 Feb 2005
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| Posted: Mon Mar 25, 2013 1:37 pm Post subject: |
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If true, it is a good contract. The price range is a little better than I expected. I figured it would be 5 yrs $80 million with $35 guaranteed. He gets 1 less year and 1 more million per year, but with less guaranteed than I expected.
Like Slam said, now that he is re-signed, we better get him an o-line that can protect him. I love it that we didn't sign in the paperwork on Livings and can possibly release him later. Wish we'd done that with McBurning Deuce.
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Matts4313
Joined: 08 Dec 2004
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| Posted: Mon Mar 25, 2013 1:41 pm Post subject: |
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| htfryar wrote: | If true, it is a good contract. The price range is a little better than I expected. I figured it would be 5 yrs $80 million with $35 guaranteed. He gets 1 less year and 1 more million per year, but with less guaranteed than I expected.
Like Slam said, now that he is re-signed, we better get him an o-line that can protect him. I love it that we didn't sign in the paperwork on Livings and can possibly release him later. Wish we'd done that with McBurning Deuce. |
MB's contract is fairly small. Not sure that it would be wise to cut him. He might make more sense as a back up OG and C.
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htfryar
Joined: 14 Feb 2005
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Location: Hot Springs, Arkansas
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| Posted: Mon Mar 25, 2013 1:43 pm Post subject: |
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| Matts4313 wrote: | | htfryar wrote: | If true, it is a good contract. The price range is a little better than I expected. I figured it would be 5 yrs $80 million with $35 guaranteed. He gets 1 less year and 1 more million per year, but with less guaranteed than I expected.
Like Slam said, now that he is re-signed, we better get him an o-line that can protect him. I love it that we didn't sign in the paperwork on Livings and can possibly release him later. Wish we'd done that with McBurning Deuce. |
MB's contract is fairly small. Not sure that it would be wise to cut him. He might make more sense as a back up OG and C. |
Except for the fact that he sucks. I don't mean just a little bit of suction. I mean full on Linda Lovelace action.
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Justin Hoover82
Joined: 19 Jan 2013
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Location: Ft.Worth Texas
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| Posted: Mon Mar 25, 2013 1:56 pm Post subject: |
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So how much cap space are we gong to have now? Maybe we can sign 1 or a few of these guys.
FS - M.Huff
OG - B.Moore
OG- M.Slausen
OLB - J.Durant
or maybe even RT A.Smith
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Matts4313
Joined: 08 Dec 2004
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Location: Cowboys Forum ROH Class of 12
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| Posted: Mon Mar 25, 2013 1:57 pm Post subject: |
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| Matts4313 wrote: | | TheKillerNacho wrote: | | nugpimpen wrote: | | Considering I don't think Romo is far from Flacco, the money seems to make sense. |
Well, yeah, if you look it with the context of Flacco's deal, any deal looks like a good deal. Perhaps I'm just not used to the current inflation on QB contracts, but I don't think Romo is worth $17 million a year, and I'm not trying to be a hater (I've always liked the guy in fact).
Wish him and the Cowboys the best, but this deal could hurt the Cowboys in the long run, I believe. |
2013
E Manning - 21M
M Stafford - 21M
P Manning - 20M
D Brees - 17M
P Rivers - 17M
T Romo - 17M
C Parmer - 15M
T Brady - 14M
B Roeth - 14M
M Sanchez - 13M
2014
E Manning - 20M
M Stafford - 19M
P Manning - 20M
D Brees - 18M
P Rivers - 15M
C Parmer - 17M
T Brady - 15M
B Roeth - 18M
S Bradford - 18M
J Flacco - 15M
2015
E Manning - 20M
M Stafford - 17M
P Manning - 19M
D Brees - 26M 
P Rivers - 16M
C Parmer - 17M
B Roeth - 17
S Bradford - 17M
Schaub - 17M
Sanchez - 16M
Just throwing this out there - Romo at 17 per is pretty reasonable. |
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Matts4313
Joined: 08 Dec 2004
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Location: Cowboys Forum ROH Class of 12
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| Posted: Mon Mar 25, 2013 1:57 pm Post subject: |
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| Justin Hoover82 wrote: | So how much cap space are we gong to have now? Maybe we can sign 1 or a few of these guys.
FS - M.Huff
OG - B.Moore
OG- M.Slausen
OLB - J.Durant
or maybe even RT A.Smith |
We could probably cut Free and sign Smith without the Romo deal. Which is something I think we should have done already.
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