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Romo Agrees to 6-Year Extension With Cowboys

IRVING, Texas -- To clear salary-cap space and lock up their franchise quarterback, the Dallas Cowboys and Tony Romo reached an agreement on a blockbuster six-year extension worth $108 million, making him the highest-paid player in franchise history.
IRVING, Texas -- To clear salary-cap space and lock up their franchise quarterback, the Dallas Cowboys and Tony Romo reached an agreement on a blockbuster six-year extension worth $108 million, making him the highest-paid player in franchise history.

In the first year, Romo will make $26.5 million, and after two years he will make $47.5 million. Romo's money over the first three years, with the likelihood that Dallas keeps him the next three seasons, will be $57 million, which is his three-year cash total.

"In today's game, every NFL franchise understands the importance of production and continuity at the quarterback position, and, historically, few franchises have enjoyed those benefits more than the Dallas Cowboys," Cowboys owner and general manager Jerry Jones said in a statement. " We are very confident in this investment and commitment."

Romo's salary-cap number was $16.8 million in the final year of his current deal, but he now will count a fraction of that amount against the cap in exchange for six more years at an average salary of $18 million. For 2013, Romo receives a base salary of $11.5 million. He gets a $25 million signing bonus spread over the course of the deal. His cap hit for 2013 becomes $11.8 million, saving the Cowboys $5 million.

For more information visit ESPNDallas
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