The full details on the Romo deal

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It took a little while, but the complete and official numbers are in on the contract signed by Cowboys quarterback Tony Romo.

Per a source with knowledge of the deal, Romo received a $25 million signing bonus.  But that payment includes $10 million of the $11.5 million he already was due to earn in 2013, which pushes his base salary down to $1.5 million.

In addition to the total cash payment of $26.5 million in 2013, Romo will receive $13.5 million in fully guaranteed money in 2014.  That’s a two-year haul of $40 million.

His 2015 salary of $17 million has $15 million guaranteed for injury now; half of that becomes fully guaranteed in 2014, and the other half becomes fully guaranteed in 2015.  That results in a total guarantee of $55 million, with $40 million fully guaranteed, for now.

The remaining base salaries are $8.5 million in 2016, $14 million in 2017, $19.5 million in 2018, and $20.5 million in 2019.

The cap numbers are $11.8 million in 2013, $21.7 million in 2014, $25.2 million in 2015, $15.135 million in 2016, $19 million in 2017, $19.5 million in 2018, and $20.5 million in 2019.

The final two years appear to be the “fluff” years that Romo may or may not ever realize, and that help drive up the total average by paying out $20 million per season.  As a practical matter, it’ll likely be a four-year, $65.5 million deal or at most a five-year, $79.5 million contract.

A restructuring seems possible if not likely in 2015, when Romo’s cap number shoots to $25.2 million.  It’s also possible that owner Jerry Jones believes the new TV deals will cause the salary cap to spike that year, even though the league and NFLPA have been bracing for an ongoing “smoothing” of the spending limit.

30 responses to “The full details on the Romo deal

  1. Ridiculous numbers for a guy who has won one playoff game. But as a Redskins fan I love it, you always know Romo will throw that pick ir fumble to cost the Cowboys their season.

  2. Wow counts more against the cap than flaccos for the next three years and he has won how many playoff games…….ONE. How many games had he blown with ints…….at least three last year. That franchise is in trouble for years to come.

  3. 2 year/40 mil. That’s Peyton money! Well done Romo for completely fleecing Jerry of his money.

  4. Philip Rivers deal is about this much as well yet I don’t hear many people complaining about that and he has as many playoff wins as Romo. People need to get off of Romo’s jock already!

  5. So Jerry Jones will be paying 60 more million dollars for 1 playoff win. Good luck.
    I knew 50 million dollars ago that Romo was overpaid and overrated.
    Everything is bigger in Texas including the learning curve.

  6. As an Eagles fan, I love this move. Romo is a perennial loser… He may win some games and have good numbers, but he will NEVER win the big one. This guy is a professional choke, and even his teammates (De Marcus Ware) knows it. Go EAGLES!

  7. If I were the owner I’d fire the GM for giving Romo that kind of money……………. oh wait

  8. kracker315 says: Apr 5, 2013 11:49 AM

    As an Eagles fan, I love this move. Romo is a perennial loser… He may win some games and have good numbers, but he will NEVER win the big one. This guy is a professional choke, and even his teammates (De Marcus Ware) knows it. Go EAGLES!
    ______________________________________
    You call Romo a choke artist and your an Eagles fan? Talk about pot calling the kettle black!

  9. A fool and his money are soon parted (JJ being the fool here).

    This is a #1 example of overpayment for a QB.

    But hey, if someone is willing to give him the dollars.

    THIS is why the Cowboys are no longer America’s team and haven’t been for a long time and never will be while JJ is at the helm.

  10. Mama please let your boys grow up to be Cowboys. Tony just hit the jackpot without even playing the big game.

  11. bogdinla:

    “Love all the ignorant haters!”

    ———-

    You are always going to have those. That being said I don’t see how you can possibly think that Tony Romo deserves this kind of money. Granted, I am an Eagles fan, so I am biased. However, it seems like common sense to think that Tony Romo is not going to win the big one or even come close. Take off your fan hat for just a moment and ask yourself: do I really think Tony Romo can win? Even the most ardent fan must have some serious doubts about that.

  12. mancave001 says: Apr 5, 2013 2:00 PM

    That being said I don’t see how you can possibly think that Tony Romo deserves this kind of money. Granted, I am an Eagles fan, so I am biased.
    ______________________________________

    So I guess you were totally against Mike Vicks $100+ million dollar contract then ehh? If you say no then how can you think that Vick deserved that much?

  13. Just another NFC East rival checking in to say thank you to Jerrah for practically guaranteeing mediocre performance from your football team for years to come with this deal. We appreciate your generosity!

  14. The regular season does count for something. Your team may go 13-3 and lose the first playoff. But you cheered all year and were elated most Monday mornings, that’s gotta mean something.

    And Romo is a great player who is exciting to watch. Pay the man!

    I would rather to have loved and lost than not loved at all…LOL.

  15. Only in New York, Boston, or Los Angeles, or for Invincible Dallas, can so unaccomplished a player get so much money and attention for doing such an ordinary and non-clutch a job.

    Tony “Oh-No” Romo would be laughing all the way to the bank, but he’s probably too busy admiring himself in a mirror.

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