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

By Josh Sanchez

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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
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 /

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 ESPNDallas.com, 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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