Dec 11, 2011; Dallas, TX, USA; Dallas Cowboys quarterback Tony Romo (9) meets with owner Jerry Jones prior to the game against the New York Giants at Cowboys Stadium. Mandatory Credit: Matthew Emmons-USA TODAY Sports

Cowboys Sign Romo to a Six-Year, $108 Million Extension; Creates Cap Space

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The Dallas Cowboys signed quarterback Tony Romo to a six-year, $108 million extension on Friday. The move not only locks up Romo until the 2020 season, but it also creates $5 million dollars in cap room for Dallas.

The Cowboys have been handcuffed in free agency this off-season because of a lack of cap space. I’d expect them to add to their current free agent signings, Justin Durant and Will Allen, very soon. The Cowboys have big needs on the offensive and defensive line, halfback and safety positions.

According to sources, Romo will receive $55 million guaranteed in this new contract. That’s $3 million more the Super Bowl MVP Joe Flacco received when he signed his new contract earlier this year.

Flacco’s contract was for six-years, $120.6 million with the Baltimore Ravens. In comparison, the New England Patriots signed quarterback Tom Brady to a team-friendly three-year, $27 million extension as part of his now five-year, $57 million deal.

Romo, who will turn 33 next month, is now a Dallas Cowboy into his 40’s. It is conceivable that he could be effective at an older age as he spent his first couple seasons of his career on the bench. Romo’s favorite player, Brett Favre, certainly paved the way for him as Favre had arguably his best season after he turned 40.

The combination of Jerry Jones’ affinity for Romo and the lack of other options really made this extension inevitable. The Cowboys wanted to begin negotiations for an extension last year, but Romo elected to focus on the season instead.

Statistically, Romo is coming off a year where he matched the most interceptions in a season for  his career with 19. But he also had the highest yards per game average of his career with 306.4. These numbers begin to make sense when you consider the Cowboys lack of a running game  and Romo’s tendency to put too much of the onus of winning the game on his shoulders…or in this case, his arm. The Cowboys are hoping that their recent coaching changes and the return of their many injuried players will help return Romo to his previous season’s statistical success.

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