Before the 2013-14 season, Dallas Cowboys owner and general manager Jerry Jones extended his franchise quarterback Tony Romo to the tune of $108 million over six years with $55 million guaranteed and an average of $18 million per season.
Jones understands the nature of the business and defended the decision to give Romo such a large contract extension despite Romo entering the 1st year of the contract at 33-years-old:
“In today’s game, every NFL franchise understands the importance of production and continuity at the quarterback position, and, historically, few franchises have enjoyed those benefits more than the Dallas Cowboys. We are very confident in this investment and commitment.”
According to Spotrac.com, the breakdown of Romo’s contract is:
Year, Base Salary, Signing Bonus, Cap Hit
2013: $1,500,000, $5,000,000, $11,818,833
2014: $1,000,000, $5,000,000, $11,773,000
2015: $17,000,000, $5,000,000, $27,773,000
2016: $8,500,000, $5,000,000, $17,635,000
2017: $14,000,000, $5,000,000, $21,500,000
2018: $19,500,000, No signing bonus, $22,000,000
2019: $20,500,000, No signing bonus, $20,500,000
Romo wouldn’t be an unrestricted free agent until 2020 — he would be 40-years-old, and most likely retied by then. At some point in the next four seasons, the Cowboys organization will most likely find a way to release Romo and pave the way for the next franchise quarterback in Dallas.
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