Dallas Cowboys free up 10 million dollars in cap space with new Romo deal
According to ESPN Dallas, the Cowboys have reworked Tony Romo’s contract to create $10 million in salary cap space. The Cowboys will convert $12.5 million of Romo’s $13.5 million base salary into a signing bonus, dropping his salary-cap figure from $21.773 million to $11.773 million.
Romo signed a six-year contract extension last year worth $108 million that included $55 million in guaranteed money. The Cowboys designed the contract to be restructured in the second year of the deal to create the room.
Romo is rehabbing from back surgery performed last December, but the Cowboys anticipate he will be able to take part in the full offseason program that begins April 21.
The Cowboys have cleared up over 18 million in just a few moves. As of right now it looks like the Boys will be under the cap.