Dec 22, 2013; Landover, MD, USA; Dallas Cowboys quarterback Tony Romo (9) warms up before the game against the Washington Redskins at FedEx Field. Mandatory Credit: Brad Mills-USA TODAY Sports

Cowboys restructure Romo's contract; save $10 million in cap room

The Dallas Cowboys have been busy fighting to get under the salary cap and they have been able to cut a big chunk of their expenses over the past two days by getting rid of some awful contracts that put them in the cap hell.

Dallas saved nearly $7 million in cap room earlier in the week by restructuring the deals of linebacker Sean Lee and cornerback Orlando Scandrick.

Now, according to Todd Archer of, the Cowboys have restructured the contract of quarterback Tony Romo and were able to save an additional $10 million under the cap.

To clear the space, Dallas simply converted $12.5 million of Romo’s base salary into a signing bonus.

One of the next players to learn his future with the team will be wide receiver Miles Austin, who could be released by the team.

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Tags: Dallas Cowboys Tony Romo

  • ctcowboy1968

    Where are the Boys currently regarding their cap situation? As noted above, they have saved $17 million by restructuring, the cap went up by $10 million and several players were cut saving??

    • Matt McCraw

      This would now make them even with the cap. Now free up Austin post June 1 and we can eventually be $5.5mil under the cap. That is he necessary room to sign your draftees. I don’t see them too agressive 10mil added to cap helps, plus we get the 5 mil penalty back. n the Hatcher and Spencer bidding market although the micro fracture surgery to Spencer just out him in our price range. People don’t pay big bucks for 30+ yr old players after that type surgery.