Tony Romo, Dallas Cowboys strike $108M contract
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Tony Romo, Dallas Cowboys strike $108M contract
The Dallas Cowboys are taking care of quarterback Tony Romo.
NFL.com's Ian Rapoport reported Friday that the Cowboys and Romo have agreed to a six-year, $108 million contract extension with $55 million in guarantees and a $25 million signing bonus, according Romo's agent, RJ Gonser.
The deal makes Romo the highest-paid player in franchise history and tops the $52 million in guarantees that Joe Flacco earned from the Baltimore Ravens as part of his six-year, $120.6 million pact.
The Cowboys had been talking with Romo's camp off and on after hoping to ink the 32-year-old passer to an extension last summer. As Rapoport reported Thursday, a clause in Romo's contract stipulated that Dallas could not franchise Romo if no deal was reached by the end of the 2013 league year, effectively making him a free agent. That handed significant leverage to Romo, but instead of parting ways, he'll remain with Dallas deep into the future.
Romo was set to count $16.8 million against the cap in 2013, but a reworked extension will allow the Cowboys to lower that figure and add additional pieces to the puzzle.
For a quarterback with just one postseason win in nine seasons, every little piece will help.
NFL.com's Ian Rapoport reported Friday that the Cowboys and Romo have agreed to a six-year, $108 million contract extension with $55 million in guarantees and a $25 million signing bonus, according Romo's agent, RJ Gonser.
The deal makes Romo the highest-paid player in franchise history and tops the $52 million in guarantees that Joe Flacco earned from the Baltimore Ravens as part of his six-year, $120.6 million pact.
The Cowboys had been talking with Romo's camp off and on after hoping to ink the 32-year-old passer to an extension last summer. As Rapoport reported Thursday, a clause in Romo's contract stipulated that Dallas could not franchise Romo if no deal was reached by the end of the 2013 league year, effectively making him a free agent. That handed significant leverage to Romo, but instead of parting ways, he'll remain with Dallas deep into the future.
Romo was set to count $16.8 million against the cap in 2013, but a reworked extension will allow the Cowboys to lower that figure and add additional pieces to the puzzle.
For a quarterback with just one postseason win in nine seasons, every little piece will help.
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