(Photo: Reuters)
The Dallas Cowboys restructured the contract of QB Tony Romo freeing up enough cap space for a potential run at Adrian Peterson.
The Dallas Cowboys have restructured the contract of Tony Romo again. While this saves them money in the short term, it adds significant salary to later years of the contract and more importantly increases his cap hit as he gets older.
Romo, set to turn 35 in a few weeks, will certainly decline in skill and he gets older as all NFL QBs do. This could create an interesting problem down the road for the team when it becomes necessary to cut Romo and eat the cap hit on the dead money all of this restructuring has created.
“The Cowboys have restructured Romo’s deal yet again, creating $12.8 million in cap space this year,” Pro Football Talk reported. “A source with knowledge of the situation tells PFT that it wasn’t a negotiated restructuring, but an automatic conversion of $16 million of Romo’s base salary to a signing bonus. His salary for 2015 becomes $1 million.”
Signed until 2019, the Cowboys have added $3.2 million of cap charge to the remaining years of the deal. However, the $12.8 million in cap space may become very significant as the team searches for a replacement for the departed Demarco Murray.
Adrian Peterson has a 2015 $12.75 million dollar cap hit, and has long been rumored to be interested in playing for the Dallas Cowboys. The running back wants out of Minnesota and fresh start somewhere else, and now the Cowboys have the cap room to absorb his contract. They would still need to trade for the talented running back and that cost is likely to be high.
“We might add that Peterson and Jerry Jones once had a conversation that skirted the lines of tampering, a conversation in which Peterson reportedly told Jones he wanted to retire a Cowboy,” Eric Edholm of Yahoo Sports added. “This is, after all, a kid who grew up a Cowboys fan, went to their games (and in their locker room) as a high-school player in Texas and who wants no part of his current team.”
Source : Christian Post