Found April 01, 2013 on Fox Sports Southwest:
IRVING, Texas -- To fully understand quarterback Tony Romo's new contract with the Dallas Cowboys, you must understand that it's actually four different contracts. On Friday afternoon, Romo's agent fed to the media the blockbuster number: Six years and 108 million. That was the first number released into the ether. So it is destined to stick. Minutes later, I spoke to Cowboys vice president Stephen Jones, the club's point man for the negotiations. It occurred to me that the initial reports seemed vague in regard to whether the "six years" represented the entire stem-to-stern term of the agreement. "It's one plus six," Jones told me. Meaning the one remaining year plus six additional years. Stem-to-stern: Seven years and 119 million. Mixed into this is the 55 million guaranteed, which includes a 25 million signing bonus. And then there is the fourth, most important, most "real" number: Four years and 65 million. So which is is? In a sense, depending on how you examine it, Tony Romo's contract is actually four different contracts. Contract 1: CAA wants the world to know it's six years and 108 million. Why? The "108" number is a headline-getter and those numbers, divided up, create the impression that CAA won its client a deal worth 18 million a year. Contract 2: Jones tells me the full deal is seven years and 119 million. What's the difference? Those numbers, divided up, reduces the annual worth to 17 million. Contract 3: What matters most to the client? Guaranteed money, of course. This is CAA's real win: The 55 million guaranteed is a notch behind Tom Brady's record 57 million guarantee, a notch ahead of Joe Flacco's 52 million guarantee and a perfect match with Drew Brees' 55 million guarantee. (Soon to join this crowd: Aaron Rodgers, Matt Ryan and probably Matthew Stafford, with their representatives interested in headline-grabbing "100-million" stuff but with 50-million-plus guarantees the true test of the negotiations.) Again, Romo's "win" in these negotiations is the guaranteed money. Contract 4: The team's win: This is, as a practical matter, really a four-year contract worth 65 million. Divide that up and it's 16 million a year. and suddenly, the Romo price tag doesn't seem quite so exorbitant at all. How can this be only a four-year deal? The structure of the contract allows for that flexibility. There is money that can be moved around starting in 2014. (That includes ways to create cap room for the club.) There is the usual manner of escaping a contract gone bad, which includes renegotiating down as Romo gets older and theoretically less effective. There is 40 million worth of "base salary" listed in the deal (for the 2018 and 2019 seasons) that Romo may never see: he'll turn 38 after the 2017 season; there is no expectation from either side that Tony Romo will be the Dallas Cowboys' starting quarterback at age 38. The pressure is on Romo because the unwashed masses are going to stick with the 108 million number it's the most noted and it's the most bloated. But the smart money says Romo will never see that money. And due to the nature of his job as the centerpiece of a Dallas Cowboys franchise that habitually talks "Super Bowl," the four-years and 65 million the most important of Tony Romo's "four contracts" -- represents pressure enough.
THE BACKYARD
BEST OF MAXIM
RELATED ARTICLES

Dallas Cowboys Now Married to Tony Romo

Dallas Cowboys Now Married to Tony Romo: If it wasn’t clear before, it is now—the future of the Dallas Cowboys is going to be as bright as Tony Romo and Jerry Jones want it to be. Finding a quality starting quarterback in the NFL is not an easy thing to do. It would be nice if college success equated to success in the NFL, but that just isn’t the case. So...

Tony Romo was Overpaid by the Dallas Cowboys: Inside the Numbers

Few names trigger the type of reaction when you say them in the middle of a group of sports fans like that of Tony Romo. For whatever reason, the guys is a walking controversy. A large part of it is his position as Dallas Cowboys quarterback. Beyond that, he’s just a guy with which there is no middle ground. You love him or hate him. He’s good or he’s not. Quite simply, his...

Cowboys April Fool's Joke Is No Joke: Tony Romo Gets Millions

When the news broke a few days ago, I was flabbergasted to hear the deal the Dallas Cowboys made with quarterback Tony Romo. The week was a slow one for Romo, but make no mistake on Friday, it finished with a bang that was heard round the league. Dallas Cowboys dropped the bomb on the NFL by extending quarterback Tony Romo to a franchise breaking record contract. Romo and the Cowboys...

Breaking down Tony Romo's $119.5 million extension: $55 million guaranteed, $25 million bonus

Hot News for QB Tony Romo

The Cowboys Were Smart To Extend Tony Romo

WHOA. What an incendiary headline. These days it’s pretty unacceptable to write/say/do anything in support of the embattled Dallas Cowboys quarterback, but that’s what I am going to do here. I think it was a smart move to hand Tony Romo a 6-year/$108 million extension with $55 million guaranteed.

Cowboys save $5 million in cap room with Romo’s new contract

According to Albert Breer of the NFL Network, the Dallas Cowboys have freed up $5 million cap room for the 2013 season with Tony Romo’s six-year contract extension. If the Cowboys can get Anthony Spencer’s extension worked out, they’ll create even more room, which can possibly help them make some more free agent moves.   Need NFL Tickets? var _CI = _CI || {}; (function...

Cowboys, Tony Romo sign six-year, $108 million extension

The Dallas Cowboys and quarterback Tony Romo agreed to a six-year, $108 million contract extension with $55 million in guarantees and a $25 million signing bonus, according to Ian Rapoport of NFL.com. Romo’s extension will go into effect after the 2013 season. The 32-year-old is set to earn $11.5 million next year, meaning that he’s basically signed to a seven-year, $119...

MEME cuts Cowboys fans deep

Sometimes, it's very hard to face reality. But a new MEME is floating around the web that is making Dallas Cowboys fans do just that. First this week came the realization (and the huge backlash on Twitter) that the Cowboys just guaranteed Tony Romo 55 million. Now, they realize there's another team who has more playoff wins in their own stadium then they do. With the...

Tony Romo: The NFL’s Joe Johnson Or The Cowboys’ Ticket To A Super Bowl?

There’s no doubt that Tony Romo has been under a microscope throughout his career as the starting quarterback of one of the NFL’s most popular teams.  The Cowboys just gave us all 108 million (or 55 million if you only want to count guaranteed money) more reasons to zoom-in. Much to the chagrin of many observers, the Cowboys from signed Romo to a six-year, $108 million contract...
NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.