Cowboys would benefit from cutting Tony Romo, eventually

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As it becomes more clear that the Cowboys will release quarterback Tony Romo (or, at a minimum, that he’ll ask for it), it’s important to explain how that would work, as a practical matter.

Romo, as explained last month, would be cut with the post-June 1 designation. This would allow the Cowboys to spread the cap hit over two years, with the $19.6 million cap hit becoming $10.7 million this year and $8.9 million in 2018.

Of course, this would require the Cowboys to carry his full cap charge of $24.7 million until June 1. The only way to avoid that would be to cut Romo without the post-June 1 designation, taking the fully $19.6 million hit in 2017 and wiping him off the books.

Regardless, no move will be made until March 9 at 4:00 p.m. ET at the earliest, since the Cowboys need the 2017 league year to start before cutting or trading Romo. It’s surely going to be one or the other, and the matter undoubtedly will be resolved before the start of the offseason program, when Romo would have the right to show up and do all sort of things on team property that could result in the Cowboys owing Romo his $14 million salary if has any unfortunate weightlifting and/or TV-relocation mishaps.

47 responses to “Cowboys would benefit from cutting Tony Romo, eventually

  1. I wish Tony nothing but the best, if he ever plays against the Dallas Cowboys and carves us up I wouldn’t even be mad, i’d let out a little smirk and nod in respect. That’s my quarterback!

  2. Is there any way the cowboys could redo the contract so that Romo becomes a FA instead of outright cutting him? This way they would get a compensatory pick next year. It’s not much, but at least they’d get something for the cap hit.

    I’m not sure why I care, I’m an Eagles fan. lol

  3. Actually, there would be a trade market for him. Several teams will be after Romo after he is released and it will undoubtedly drive his salary to approx. what he is making now on a 2 year contract. The Cowboys would have to decide whether not they want to escalate the rest of the money due and take the cap hit as opposed to letting it ride for two years. Is it worth the extra pick to lose that much cap space in one year…..

  4. Couldn’t they get Romo to agree to some sort of restructured contract in exchange for releasing him to help him with that? I know I’ve read about the possibility of players agreeing to rip up contracts and forfeit some guaranteed money in exchange for being released, but obviously every situation is different.

  5. Couldn’t they get Romo to agree to some sort of restructured contract in exchange for releasing him to help them* with that?

  6. Why would Dallas use the post-June 1 designation. Sure, it COULD happen, but then it doesn’t realize any usable savings until it’s too late to take advantage of the cap space, AND it would take a hit to next year’s cap too. If he’s cut, just cut him outright, tweak the obvious restructure contracts (Smith, Frederick) to make whatever room is needed, and then that massive Romo cap number is gonzo next year, and that is that.

    Notice to anyone who thinks Romo has no trade value: Brett Favre, who was no more appealing at the time of Romo (I’d call it pretty even), garnered a minimum 4th rounder (eventually upgraded to a 3rd, could have been as much as a 1st) when Green Bay LITERALLY had to cut him, as it was too late to fit him into the team’s cap situation. Dallas has leverage in that it COULD keep Romo, even while it probably won’t. With that in mind, it can slow-play things and wait for a team to decide that it’s worth paying something to make sure it gets Romo, instead of having to compete for him on the open market (and then give him some amount of guaranteed money, whereas Romo’s current contract would contain none for a trading team).

  7. Hey, I like Romo. He is not elite but he is a very good QB. Set him free Jerrah. Talk to your buddy Irsay and remember how Jim Bob handled Peyton. It would be nice to see Romo have a shot at a ring. The Chiefs and Texans come to mind. Jerrah, say good bye and let him go!

  8. Kansas City, Denver and Houston have hired employees to do nothing all day but monitor Romo’s status and be the first to hit the speed dial when he goes free

  9. touchdownroddywhite says:
    Feb 17, 2017 11:23 AM
    Couldn’t they get Romo to agree to some sort of restructured contract in exchange for releasing him to help them* with that?
    ——–
    Nope. It’s all guarantee money that’s already been paid. It all hits the cap as soon as they release him. Either the $ hit it all in 2017 or 17-18 if they make him a post June cut.

    Tough pill to swallow for a contending team. But Cowboys’ fans can easily reconcile it as just paying for Prescott. Instead of the rookie salary this year, look at it as him being paid as a normal starter.

  10. redsoxu571 says:
    Feb 17, 2017 11:26 AM

    Notice to anyone who thinks Romo has no trade value: Brett Favre, who was no more appealing at the time of Romo (I’d call it pretty even), garnered a minimum 4th rounder (eventually upgraded to a 3rd, could have been as much as a 1st)

    ———————————

    Dude, Farve was an iron man who played over 40 straight games after he left the Packers. Romo has played 3 games in the last two seasons, is made of paper mache, and is basically one hit away from the end. You can make the case that everyone is one hit away, but be honest with yourself. You may call it pretty even, but the reality is those situations are miles apart. And every GM in the league knows it.

  11. Having two great QBs, and the problems that go with it, is a good thing. Those are the problems that are fun to deal with. Lots of teams can’t find one good QB. Those problems are not fun to deal with. I’m happy for Jerry Jones. He doesn’t run things the way I would all the time, but you have to love his passion for the game. That will win me over every time.

  12. “Couldn’t they get Romo to agree to some sort of restructured contract in exchange for releasing him to help him with that? ”

    I suppose it would depend on if any of the bottom feeding teams would trade for him.

    For example – Hey Tony, we need to restructure your contract and take a few million off the board so we can release you at the start of the league year and not get killed on the cap.

    Or if you won’t do that – we have an offer from the Browns, who had the worst Oline in the league last year. They gave up 138 QB hits and 68 sacks.

    If the team doesn’t have any leverage like the Browns to hold over his head, Romo has no reason to alter his contract.

  13. I wouldn’t release him at all this is a business ya can’t go with your heart I don’t care if ya only get a 5th rounder for em there is some desperate poorly run team out there that would go for it plus I think if he’s traded we don’t get any of the cap hit

  14. Its not that there isnt a market for him but what benefits the cowboys the most. Im by no means a cap expert but i do visit overthecap.com often. Using their calculator tool you can see why the cowboys would release him rather than trading. At this point the cowboys are around -13M in cap room and if they cut/trade him now they will gain some cap space but still be around -8m. If they release him as a post june 1rst cut then they can spread out his dead money the next 2 years and will be in the positive for cap in 2017. It would be around 700K. By no means is that enough but im sure they could make other moves to give them a few million in cap space. Again im no cap expert and i know its confusing but overthecap is a legit site and im preety sure the nfl uses it for comp pick projections.

  15. I’m sure there are at least five NFL teams that would love to have Romo start for them next season. So yes, there’s a trade market. If four of them wait for him to get cut while the fifth makes a trade offer that doesn’t stick the Cowboys with the cap hit, guess who gets Romo?

  16. I know Tony is older and has had his issues, but when healthy he is still a top tier QB that can take a team to the playoffs. If I am a team that is in win now mode, Tony is the best option available and a conditional pick is worth taking on that huge salary.

    I’ll give examples of QBs like Brock Osweiler, or even Sam Bradford – these guys were paid. I would rather have Tony Romo today than these guys at their very best. His cap hit is around the norm for most starting QBs, slightly overpaid sure, but if a conditional pick can be traded while restructuring the contract slightly, it would make sense.

  17. Spread the hit over 2 yrs. they have a lot of holes to fill.
    They have 2 starting CBS and 2 Safeties as free agents alone. Basically their whole backend. They need another receiver. It would be nice to eat the whole amount at once but that would require a lot of moving of money around to sign players this season.

  18. Overthecap is ok, but Spotrac is more accurate for this.

    Due to a prior renegotiation, Romo has $19.6 million in bonus money that Dallas is on the hook for no matter what. It’s bonus money, and whatever other team gets him (regardless of how) doesn’t pay that. If they trade him, they take the hit; if they cut him, they take the hit; if they keep him, they take the hit. The only difference is how much and when. If he leaves the team they either take the hit immediately (for 2017) or designate him as post-June-1 and take the hit over 2 years ($10.7 million in 2017 & $8.9 million in 2018). Obviously, if they keep him, it gets spread out over the remainder of his contract, which would go through 2019, but they pay his base salary as well.

  19. RegisHawk says:
    Feb 17, 2017 1:11 PM

    This is exactly what i just said. The cowboys need to open up cap space for 2017 and a post june 1rst cut is their best option. Overthecap is better than sportrac. Sporttrac has some errors

  20. redsoxu571 says:
    Feb 17, 2017 11:26 AM

    Notice to anyone who thinks Romo has no trade value: Brett Favre, who was no more appealing at the time of Romo (I’d call it pretty even), garnered a minimum 4th rounder (eventually upgraded to a 3rd, could have been as much as a 1st) when Green Bay LITERALLY had to cut him, as it was too late to fit him into the team’s cap situation. Dallas has leverage in that it COULD keep Romo, even while it probably won’t. With that in mind, it can slow-play things and wait for a team to decide that it’s worth paying something to make sure it gets Romo, instead of having to compete for him on the open market (and then give him some amount of guaranteed money, whereas Romo’s current contract would contain none for a trading team).
    ———————————————————
    For real?? Dallas is $10 million dollars over the salary cap, so PLEASE do keep Romo. Farve was no more appealing? Name any one year Romo missed less games than Farve did in all 20 years combined? Romo should be renamed “Glass Joe.”

  21. The Truth says:
    Feb 17, 2017 12:06 PM
    @redsox

    And Romo never had to chew on vicodins to play with pain

    ____________

    HahAHHAhAHaH c’mon man, you wanna call yourself the truth?

    How many times did they have to give Romo injections in his back just to get him upright and play? That’s truth. What do you think were in those shots? Sunny D?

    Every guy who plays thru injury takes pain killers. Whatever your favorite team is, there’s guys on it taking Vicodin or more. The fact that he got hooked, got help, and got clean is a reason to troll him tho I guess.

  22. I believe Romo can renegotiate his deal to help the Cowboys trade
    him. Jerry has been great to Romo, in fact, probably too nice as Romo
    sometimes took advantage of his relationship with Jerry. I think Romo
    should help the Cowboys out, renegotiating and allowing a trade.
    He obviously would then have a say in where he goes via trade. It could work for all.

  23. @redsoxu571 says:
    Feb 17, 2017 11:26 AM

    Why would Dallas use the post-June 1 designation. Sure, it COULD happen, but then it doesn’t realize any usable savings until it’s too late to take advantage of the cap space, AND it would take a hit to next year’s cap too. If he’s cut, just cut him outright, tweak the obvious restructure contracts (Smith, Frederick) to make whatever room is needed, and then that massive Romo cap number is gonzo next year, and that is that.

    Notice to anyone who thinks Romo has no trade value: Brett Favre, who was no more appealing at the time of Romo (I’d call it pretty even), garnered a minimum 4th rounder (eventually upgraded to a 3rd, could have been as much as a 1st) when Green Bay LITERALLY had to cut him, as it was too late to fit him into the team’s cap situation. Dallas has leverage in that it COULD keep Romo, even while it probably won’t. With that in mind, it can slow-play things and wait for a team to decide that it’s worth paying something to make sure it gets Romo, instead of having to compete for him on the open market (and then give him some amount of guaranteed money, whereas Romo’s current contract would contain none for a trading team).
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
    The first paragraph I agree with. The second paragraph mainly because when I compare the number of games played and injuries…Farve wins games played while Romo wins injuries.

  24. billiquid says:
    Feb 17, 2017 11:59 AM

    Romo has played 3 games in the last two seasons, is made of paper mache

    ————————

    How many games have you played, and WON, with a broken rib and punctured lung?

    And its papier-mâché, by the way, for those of you out there who actually read paper, as opposed to just cutting it up & soaking it.

  25. mygirlhassuperhairymanarms says:
    Feb 17, 2017 11:59 AM
    @ the truth

    Denver, KC and Houston have hired employees to monitor Romo’s status? LOL!! You know this how?? They have skilled GMS that are pretty much “in the know.”
    ——————————————————————

    I believe what you have encountered here, good sir, is called a “joke”.

  26. kevpft says:
    Feb 17, 2017 3:37 PM

    billiquid says:
    Feb 17, 2017 11:59 AM

    Romo has played 3 games in the last two seasons, is made of paper mache

    ————————

    How many games have you played, and WON, with a broken rib and punctured lung?

    And its papier-mâché, by the way, for those of you out there who actually read paper, as opposed to just cutting it up & soaking it.

    ————-

    The same exact amount of game as you my man. Zero.

    But that wasn’t the point was it, the point that you fully understood, Romo is an injury liability where Favre was nearly unbreakable. Ribs and all. Was there ever a stretch in his career where Romo played 40 games in a row? And yeah, I can use google to cut and paste the proper accenting for “papier-mâché” just like you did. However you, and everyone who read it, knew what it was anyway without being a pretensions turd. But good for you. If you wanna bet the farm on Romo making it through a full slate without getting injured, then trade whatever you think he’s worth for him. And when that GM does, and Tony gets hurt, that GM will possibly find himself looking for work the following season. But the smart play would be to let the Cowboys cut him, and then if he’s what you want, sign him to a more team friendly deal where you don’t have to give draft compensation. At least that’s my opinion on it.

    But yeah, play the “you never played in the NFL so you have no room to talk” card… because this thread is chock full of NFL veterans.

  27. The Pats will trade Jimmy Garoppolo to the Browns for a 1st round draft pick and after the Cowboys cut Romo they will sign him as Brady’s backup.
    Belichick will tell him he’ll get a Super Bowl ring if he signs with the Patriots, whether he plays or rides the bench, and that will sell it for Romo.

    Then next year the Pats will lose Tom Brady to a pulled hamstring late in the year and Romo will step in.
    Romo will lead the Pats to the Super Bowl and play against the Cowboys. The Pats will win and give Romo a Super Bowl win.

    Romo will say “thanks Dad, for cutting me!” pointing to Jerruh Jones’s luxury box, and then immediately announce his retirement.

    Jerruh Jones will be seen crying in his luxury box saying, “see!” ….. ” I told you we should have kept my man crush!”…….

    And Tom Brady will tell the press he really didn’t have a pulled hamstring, he just wanted to see Tony Romo get a Super Bowl win.

    And with the Browns first round draft pick, the Pats will draft a QB no one has ever heard of and he will take over for Brady in three years and lead the Patriots to 4 more Super Bowl victories.

    And Brady, Belichick, and Romo will live happily ever after.

  28. The only trade that may happen is the Broncos send Siemian to Dallas for Romo – Siemian has shown he’s an above average backup. The Broncos hold onto Paxton Lynch and try to roll with Romo.

    Denver better upgrade their O-line if they are considering that move…

  29. whispersd says:
    Feb 17, 2017 12:45 PM

    I’m sure there are at least five NFL teams that would love to have Romo start for them next season. So yes, there’s a trade market. If four of them wait for him to get cut while the fifth makes a trade offer that doesn’t stick the Cowboys with the cap hit, guess who gets Romo?
    ————————————————-

    I’m sure there ARE at least 5 NFL teams that would love to have Romo, but that doesn’t mean they want to give up anything of value for him.

  30. Hold on to Romo thru training camp, see if any team loses a starter and get something comparable to Bradford’s deal or even better. I wouldn’t turn him lose right now, his salary cap was planed before this anyway. Dallas doesn’t have to release him,

  31. nyneal says:
    Feb 17, 2017 4:46 PM
    The Pats will trade Jimmy Garoppolo to the Browns for a 1st round draft pick and after the Cowboys cut Romo they will sign him as Brady’s backup.
    Belichick will tell him he’ll get a Super Bowl ring if he signs with the Patriots, whether he plays or rides the bench, and that will sell it for Romo.

    Then next year the Pats will lose Tom Brady to a pulled hamstring late in the year and Romo will step in.
    Romo will lead the Pats to the Super Bowl and play against the Cowboys. The Pats will win and give Romo a Super Bowl win.

    Romo will say “thanks Dad, for cutting me!” pointing to Jerruh Jones’s luxury box, and then immediately announce his retirement.

    Jerruh Jones will be seen crying in his luxury box saying, “see!” ….. ” I told you we should have kept my man crush!”…….

    And Tom Brady will tell the press he really didn’t have a pulled hamstring, he just wanted to see Tony Romo get a Super Bowl win.

    And with the Browns first round draft pick, the Pats will draft a QB no one has ever heard of and he will take over for Brady in three years and lead the Patriots to 4 more Super Bowl victories.

    And Brady, Belichick, and Romo will live happily ever after.

    You have a future as a public speaker or politician. Anyone putting that much effort into a fantasy should be gettin paid. Lol.

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