Cowboys Cannot Place Franchise Tag On QB Tony Romo In 2014

Discussion in 'Dallas Cowboys' started by SRW, Mar 29, 2013.

  1. SRW

    SRW Ex-World's Worst Site Admin

    NFL.com's Ian Rapoport reported Thursday that, due to a technicality in Tony Romo's contract, the Dallas Cowboys won't be able to franchise the quarterback in 2014.

    Romo signed a six-year, $67.5 million contract extension in October 2007, and there was still $24,999,835 (about 37 percent of the deal) to be accounted for on the Cowboys' salary cap going into the 2013 league year, the final year of the contract. Romo's cap number for 2013 is $16,818,835, and the $8.181 million left over in prorated money is built into three voidable years, tacked on to the contract as an accounting measure during the 2011 restructuring.

    Romo's tag number would be, at a minimum, $20,182,602, and the $8.181 million in prorated money would accelerate on to the 2014 salary cap as soon as the old deal voided, landing Romo's cap number for 2014 at between $28 million and $29 million.

    Source: NFL.com
     
  2. Crowned

    Crowned Doesn't give a shit.

    I'm sure they will have him signed way through 2014 very soon.
     
  3. Agent Zero

    Agent Zero I rode the short bus


    HOLY CRAP! I bet his contract is done within a few weeks tops.
     
  4. Jihad Joe

    Jihad Joe Life to Infidels

    It's done now. He just extended

    Sent from my HTC Vivid
     
  5. Agent Zero

    Agent Zero I rode the short bus

    Just heard it was 6 years 108 mil. 55 Guaranteed. Dude got paid.. :icon_eek:

    I can't wait to see the breakdown. Wonder how much it will save us this year? I have heard two cap figures for this year. I heard 16 mil and 11 mil. Not sure what is accurate.