Werder: Romo Extension
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GloryDaysRBack
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If Romo has 6 more years in him, at this level of play, we are absolutely blessed
Cowboys owner Jerry Jones has informed quarterback Tony Romo that the team has interest in signing him to an extension and, in fact, some preliminary dialogue has taken place, a source said.
The Cowboys are motivated to sign Romo because the player's salary-cap charge will double from $8 million this season to $16 million next season, the source said. Romo's contract is set to expire after the 2013 season.
The 32-year-old Romo, though, has not shown a great sense of urgency this season to re-sign. He believes he is leading a strong Dallas team that is capable of winning into the postseason and thinks he can enhance his leverage when negotiations turn more serious, the source said.
Speaking Thursday about his contract situation, Romo said, "I haven't even thought about it."
The Cowboys are motivated to sign Romo because the player's salary-cap charge will double from $8 million this season to $16 million next season, the source said. Romo's contract is set to expire after the 2013 season.
The 32-year-old Romo, though, has not shown a great sense of urgency this season to re-sign. He believes he is leading a strong Dallas team that is capable of winning into the postseason and thinks he can enhance his leverage when negotiations turn more serious, the source said.
Speaking Thursday about his contract situation, Romo said, "I haven't even thought about it."
Bob Sacamano
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but he'll get more than Matt Schaub received.
ThoughtExperiment
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Werder was hinting today that Romo might wait until after the season, thinking if he has a big year his price will go up...
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Dallas Cowboys Looking To Negotiate Extension For Tony Romo
by Tom Ryle
Ed Werder of ESPN is reporting that Dallas Cowboys owner and general manager Jerry Jones has informed Tony Romo that the team is interested in extending his contract.
There are a variety of reasons why this is a smart move by the team. However, there are also some ingredients in the mix that may make this considerably less easy to get done than the recent extension of DE/NT Sean Lissemore.
ESPN is all over the story, and using several articles from them, I have pulled the main issues together.
To start with, look at the current contract Romo is under. Contract details as reported by Todd Archer in another ESPN post:
Technically, Tony Romo is signed through 2016. However, the final three years of his deal with the Dallas Cowboys will void after next season as a result of a restructuring of his contract that was performed last summer.
Romo will count $8.06 million against the cap in 2012. It doubles to $16.8 million in 2013. Remember, they will also carry over another $5 million penalty because of dubious league sanctions.
There you have the two basic issues confronting the team. His contract expires after next season, and has a big financial hit that last year. The Cowboys have multiple incentives to make this move. Romo, however, may take a very different view.
First off, you have to consider Romo's current value to the team. It appears sky high. In a startling bit of Kool Aid imbibing, Tim MacMahon of ESPNDallas maintains that the current group of offensive skill players is the best the team has seen since the legendary triplets. And Romo is the lynchpin.
Tony Romo is a franchise quarterback playing the best football of his life.
He is now surrounded by a group of talented and mostly young players that could stay largely intact for several years. In the Archer article I mentioned above, the age argument about Romo is covered, with the conclusion being that Romo is younger in football years than his calendar age of 32. It goes on to cite Tom Brady, Drew Brees, Peyton Manning, Kurt Warner and Brett Favre as examples of players who have had success past the same age. The more you look at the situation, the more reasons there are for getting an extension worked out. And there is also this to remember at the end of the article.
It took the Cowboys six years to find the right replacement for Troy Aikman following the Hall of Famer's retirement in 2000.
There is no likely replacement on the team now, and no realistic chance of one suddenly appearing in the next year or two. The Cowboys are going to go as far as Tony Romo's play at quarterback will allow. That may be very far indeed, but the team needs him.
For Tony, however, there may be no real rush. He has already said so, as Werder quoted:
Speaking Thursday about his contract situation, Romo said, "I haven't even thought about it."
He is looking at a very good negotiating position. Dan Graziano at ESPN's NFC East Blog sums it up:
He's playing as well right now as he ever has in his career. He's got one year left on his deal after this one, so even if he were to get hurt this season he's still taken care of for next year and can come back in time to get a new contract when it's over. The Cowboys would have to make it very much worth Romo's while to commit to a number now when the quarterback market shows no signs of slowing down anytime soon.
Romo may be a dedicated player, but the salary numbers are likely to be huge, given Brees' five-year, $100 million contract with $40 million the first year and $60 million guaranteed, completed last July. It is hard to make much of an argument for a home town discount, especially with how many in the home town have joined in the ill-informed chorus of criticism of his play, his leadership, his time spent on the golf course, his choice in women, and his hat-wearing style.
This is going to be a very crucial negotiation for Jerry Jones, and likely his son Stephen, who is the man who massages the salary cap. They have to come up with a fiscally responsible package that is also sufficiently attractive for Romo, and make sure they don't do anything that arouses John Mara's ire. (Yes, still bitter.) And the great irony is that the fans would love to see the team get a bit of a bargain here, while wanting to see the on-field performance from Tony that will just jack the price up.
by Tom Ryle
Ed Werder of ESPN is reporting that Dallas Cowboys owner and general manager Jerry Jones has informed Tony Romo that the team is interested in extending his contract.
There are a variety of reasons why this is a smart move by the team. However, there are also some ingredients in the mix that may make this considerably less easy to get done than the recent extension of DE/NT Sean Lissemore.
ESPN is all over the story, and using several articles from them, I have pulled the main issues together.
To start with, look at the current contract Romo is under. Contract details as reported by Todd Archer in another ESPN post:
Technically, Tony Romo is signed through 2016. However, the final three years of his deal with the Dallas Cowboys will void after next season as a result of a restructuring of his contract that was performed last summer.
Romo will count $8.06 million against the cap in 2012. It doubles to $16.8 million in 2013. Remember, they will also carry over another $5 million penalty because of dubious league sanctions.
There you have the two basic issues confronting the team. His contract expires after next season, and has a big financial hit that last year. The Cowboys have multiple incentives to make this move. Romo, however, may take a very different view.
First off, you have to consider Romo's current value to the team. It appears sky high. In a startling bit of Kool Aid imbibing, Tim MacMahon of ESPNDallas maintains that the current group of offensive skill players is the best the team has seen since the legendary triplets. And Romo is the lynchpin.
Tony Romo is a franchise quarterback playing the best football of his life.
He is now surrounded by a group of talented and mostly young players that could stay largely intact for several years. In the Archer article I mentioned above, the age argument about Romo is covered, with the conclusion being that Romo is younger in football years than his calendar age of 32. It goes on to cite Tom Brady, Drew Brees, Peyton Manning, Kurt Warner and Brett Favre as examples of players who have had success past the same age. The more you look at the situation, the more reasons there are for getting an extension worked out. And there is also this to remember at the end of the article.
It took the Cowboys six years to find the right replacement for Troy Aikman following the Hall of Famer's retirement in 2000.
There is no likely replacement on the team now, and no realistic chance of one suddenly appearing in the next year or two. The Cowboys are going to go as far as Tony Romo's play at quarterback will allow. That may be very far indeed, but the team needs him.
For Tony, however, there may be no real rush. He has already said so, as Werder quoted:
Speaking Thursday about his contract situation, Romo said, "I haven't even thought about it."
He is looking at a very good negotiating position. Dan Graziano at ESPN's NFC East Blog sums it up:
He's playing as well right now as he ever has in his career. He's got one year left on his deal after this one, so even if he were to get hurt this season he's still taken care of for next year and can come back in time to get a new contract when it's over. The Cowboys would have to make it very much worth Romo's while to commit to a number now when the quarterback market shows no signs of slowing down anytime soon.
Romo may be a dedicated player, but the salary numbers are likely to be huge, given Brees' five-year, $100 million contract with $40 million the first year and $60 million guaranteed, completed last July. It is hard to make much of an argument for a home town discount, especially with how many in the home town have joined in the ill-informed chorus of criticism of his play, his leadership, his time spent on the golf course, his choice in women, and his hat-wearing style.
This is going to be a very crucial negotiation for Jerry Jones, and likely his son Stephen, who is the man who massages the salary cap. They have to come up with a fiscally responsible package that is also sufficiently attractive for Romo, and make sure they don't do anything that arouses John Mara's ire. (Yes, still bitter.) And the great irony is that the fans would love to see the team get a bit of a bargain here, while wanting to see the on-field performance from Tony that will just jack the price up.
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NFL Rumors: Tony Romo In No Hurry To Sign Dallas Cowboys Contract Extension?
September 15, 2012
By Rob Kelley
Tony Romo is 32-years-old. He has been the starting quarterback for the Dallas Cowboys for years now, and his career has had more than it’s fair share of ups and downs. While many have called for his benching at times, Romo still gives the Cowboys their best chance to win. That is why Jerry Jones wants to give him a contract extension.
Yet, to the surprise of some, Romo seems to be in no hurry to broker a new deal with Dallas.
The Cowboys have approached Romo about the possibility of a contract extension. In 2007, Romo signed a six-year, $67.4 million contract. He’ll be paid $9 million this season and $11.5 million in 2013, although the bigger numbers in the eyes of the Cowboys is the fact that Romo’s salary cap hit will be $8 million this year, but then it doubles to $16 million in 2013. The contract then would void after that year.
That is why the Cowboys have had preliminary talks with Romo regarding a new deal. At this point, as much as they would love to re-sign Romo to keep him around for the remainder of his playing days, they would also like to do so in order to switch up the crooked cap hit that next season’s salary will bring to the team.
Romo, however, has no sense of urgency and would not mind one bit waiting another year or so until seeing how much Matt Ryan of the Atlanta Falcons and Joe Flacco of the Baltimore Ravens receive. Romo has put up at least comparable numbers to those two quarterbacks, so he may choose to wait and see just how much they sign for before he considers inking a new deal with the Cowboys.
After all, it would be in his best interest.
With that being said, the Cowboys would probably really have to come in with an extremely attractive offer within the next year if they plan on signing Romo to an extension soon. Considering also what Peyton Manning received from the Denver Broncos and what Drew Brees recently got from the New Orleans Saints, Romo could ask for guaranteed money somewhere in the $40 million-$50 million range.
It is not yet known what type of numbers the Cowboys are talking when it comes to Romo. But as of right now, it will have to be a pretty big number to make it worth it for Romo to give up leverage as he approaches the end of his current deal this early.
September 15, 2012
By Rob Kelley
Tony Romo is 32-years-old. He has been the starting quarterback for the Dallas Cowboys for years now, and his career has had more than it’s fair share of ups and downs. While many have called for his benching at times, Romo still gives the Cowboys their best chance to win. That is why Jerry Jones wants to give him a contract extension.
Yet, to the surprise of some, Romo seems to be in no hurry to broker a new deal with Dallas.
The Cowboys have approached Romo about the possibility of a contract extension. In 2007, Romo signed a six-year, $67.4 million contract. He’ll be paid $9 million this season and $11.5 million in 2013, although the bigger numbers in the eyes of the Cowboys is the fact that Romo’s salary cap hit will be $8 million this year, but then it doubles to $16 million in 2013. The contract then would void after that year.
That is why the Cowboys have had preliminary talks with Romo regarding a new deal. At this point, as much as they would love to re-sign Romo to keep him around for the remainder of his playing days, they would also like to do so in order to switch up the crooked cap hit that next season’s salary will bring to the team.
Romo, however, has no sense of urgency and would not mind one bit waiting another year or so until seeing how much Matt Ryan of the Atlanta Falcons and Joe Flacco of the Baltimore Ravens receive. Romo has put up at least comparable numbers to those two quarterbacks, so he may choose to wait and see just how much they sign for before he considers inking a new deal with the Cowboys.
After all, it would be in his best interest.
With that being said, the Cowboys would probably really have to come in with an extremely attractive offer within the next year if they plan on signing Romo to an extension soon. Considering also what Peyton Manning received from the Denver Broncos and what Drew Brees recently got from the New Orleans Saints, Romo could ask for guaranteed money somewhere in the $40 million-$50 million range.
It is not yet known what type of numbers the Cowboys are talking when it comes to Romo. But as of right now, it will have to be a pretty big number to make it worth it for Romo to give up leverage as he approaches the end of his current deal this early.