Originally posted on 60 Max Power O  |  Last updated 3/30/13
After much hoopla and speculation about when Jerry Jones and the Cowboys would take care of quarterback Tony Romo going into his final contract year, they pulled the trigger on a whopping $108 million extension with $55 million in guarantees. On top of that, Romo will also collect a $25 million signing bonus. The new contract will go into effect after the 2013 season, so it can be essentially looked at as a 7-year deal. With the extension, Romo becomes the highest paid Cowboy in history. The team officially announced the signing Friday night, with owner Jerry Jones saying that "we are very confident in this investment and commitment." Romo added, "our goal is the Super Bowl, and I am determined and honored to be the guy in this position to help our team do that." Per Marc Sessler of NFL.com: 'Romo's new contract also gives the Cowboys more salary-cap room, which was an issue earlier this week when the team tried to sign free agents. According to NFL.com's Albert Breer, Romo's previous cap number was $16,818,835. With a $1.5 million base salary for 2013, $5 million prorated off his $25 million signing bonus and $5,818,835 due in dead money prorated off the old deal, Romo's new 2013 cap number is $11,818,835. So Dallas saves exactly $5 million on the cap.' var switchTo5x=true; stLight.options({publisher:''});
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