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Cowboys create $5 million in cap space with Romo deal

Dallas Cowboys' Romo directs the offense against Pittsburgh Steelers during their NFL football game in Arlington

Dallas Cowboys quarterback Tony Romo directs the offense against the Pittsburgh Steelers in the first half of their NFL football game in Arlington, Texas December 16, 2012. REUTERS/Mike Stone (UNITED STATES - Tags: SPORT FOOTBALL)

REUTERS

The Cowboys needed to do a new deal with quarterback Tony Romo in order to reduce his $16.8 million cap number.

According to Albert Breer of NFL Network, the new deal drops Romo’s 2013 cap charge to $11.8 million. That’s a savings of $5 million.

Of course, those dollars will still count against the cap in the future. Along with the rest of the $119.5 million he’s due to be paid over the next seven years.

Which means that the Cowboys could be in for annual cap headaches.

But at least they’ll keep their quarterback who has won one career playoff game.