Romo's contract and offsetting cap relief

[KJJ]

can he easily be traded as you say before the trade deadline this season?

Can't see anyone being interested for a number of reasons and we wouldn't do it unless it was for another player that can help us this season primarily a pass rusher. The problem with trying to trade him during the season is he's coming off a broken back and hasn't played since Aug. His game can't possibly be very good with all the time he's missed especially if he's traded to a another team and has to learn a new offense. If we traded him tomorrow he still won't be able to help anyone for a few weeks as he begins to practice again and learn the offense. Something will come down during the offseason with him, most likely he'll be released.

 

[ConstantReboot]

It takes two to tango and Jerry ain't dancing. He sees a great chance to get another SB and Romo is going
to be around to help get it if needs be.

Yes your right. It does take two to tango. But its more like Jerry's unwillingness to let go of Romo rather than teams not wanting him.

 

[LittleD]

Yes your right. It does take two to tango. But its more like Jerry's unwillingness to let go of Romo rather than teams not wanting him.

And that's a bad thing...how? Jerry puts a team together that might actually have a chance at the big show and everyone wants to dismantle the pieces. Geez...
Find another team to root for, buddy...

 

[theebs]

i was listening to steve dennis and tim cowlishaw on the radio this afternoon. They both agreed Romo isn't even worth a 6th round pick and no one would want him. Anywhere in the league.

there expert paid to be on the air opinion was that no one would want him and he couldn't get anything in return.

then steve dennis had to throw in that he thinks Romo has done nothing on the new contract and should give something to the cowboys.

And they were serious.

Romo is apparently so bad he should quit. And they were talking about right now, not next year. He should just go away apparently.

I found it funny since Steve Dennis was on twitter yesterday trying to act like he has been fair to romo through the years. Funny stuff. The guy who used to lead off the sports news by calling him Tony Oh No.

all the people who have always hated romo are ramping it up now. Taking it to epic proportions of silliness.

 

[ConstantReboot]

And that's a bad thing...how? Jerry puts a team together that might actually have a chance at the big show and everyone wants to dismantle the pieces. Geez...
Find another team to root for, buddy...

I didn't say that it was a bad thing. Never did. Read my original postings.

You stated that no one would trade for Romo. I asked how do you know?

 

[JPostSam]

I would trade Romo for a 7th round pick just to clear his contract off the books...

 

[Broges74]

only team that might be interested in Romo right now is Denver.

And he'd make them a super bowl contender instantly .

 

[DeaconBlues]

Yes...the new team would only take on 4m in salary this year...his salary for 2017 is only 14m

the cap hit for DAL would come next year at 19m but they would save an additional 4m this year that would be carried over....that would reduce his dead money hit to 15m(which is 9m less than his scheduled hit of 24m)

He would then be off the books forever

No.

If TR is traded prior to this year's trade deadline, his cap hit occurs immediately. You cannot roll dead money until the 2017 league contracted year begins on March 9.

 

[DeaconBlues]

This isn't a trade Romo thread. This is a question about Romo's contract and the cap hit associated with it. We all know that if Romo is cut or traded or retires the entire prorated cap hit for the signing bonus gets accelerated into this year. That is also true in subsequent years, but the prorated money falls with each succeeding year.

Are there contracts on the team that could be combined with Romo's cap number to provide relief allowing Romo's contract to be moved? Someone mentioned Crawford's contract a day or so ago regarding cap relief, but I am not sure he is far enough along to be a positive cap flow contract.

We all know Romo's contract alone prevents the team from just trading him at this point. I am just wondering what the numbers say about it. A team like Denver might give up the farm to get Romo during this season, but the offered compensation might decrease significantly after the year is over. I'm not saying it should happen. I am just wondering if it is even remotely feasible to do it.

I wonder if Romo and another player are traded together that it actually helps the cap enough to make a trade of Romo feasible. In return we would probably have to get several picks and a player or two who are overperforming their contracts (at a position of need) to make it feasible to do it.

Right now I am guessing even if the team were motivated to move Romo to take advantage of the situation (I don't think we are) the chances of doing it are less than 5 percent of being able to make it happen during this actual season. After this season, the possibilities are 50/50 if they are motivated to make it happen.

To answer your question, per spotrac, TR's dead money for 2016 is $40.1 million. If he is traded this year, it would be pro-rated for the number of games played by Dallas, minus his salary, also pro-rated. Roughly, a cap hit of $32 million. Immediately.

http://www.spotrac.com/nfl/dallas-cowboys/tony-romo-2447/

 

[Nightman]

No.

If TR is traded prior to this year's trade deadline, his cap hit occurs immediately. You cannot roll dead money until the 2017 league contracted year begins on March 9.

you are not correct at all...the dead money would hit next year

 

[Wood]

This isn't a trade Romo thread. This is a question about Romo's contract and the cap hit associated with it. We all know that if Romo is cut or traded or retires the entire prorated cap hit for the signing bonus gets accelerated into this year. That is also true in subsequent years, but the prorated money falls with each succeeding year.

Are there contracts on the team that could be combined with Romo's cap number to provide relief allowing Romo's contract to be moved? Someone mentioned Crawford's contract a day or so ago regarding cap relief, but I am not sure he is far enough along to be a positive cap flow contract.

We all know Romo's contract alone prevents the team from just trading him at this point. I am just wondering what the numbers say about it. A team like Denver might give up the farm to get Romo during this season, but the offered compensation might decrease significantly after the year is over. I'm not saying it should happen. I am just wondering if it is even remotely feasible to do it.

I wonder if Romo and another player are traded together that it actually helps the cap enough to make a trade of Romo feasible. In return we would probably have to get several picks and a player or two who are overperforming their contracts (at a position of need) to make it feasible to do it.

Right now I am guessing even if the team were motivated to move Romo to take advantage of the situation (I don't think we are) the chances of doing it are less than 5 percent of being able to make it happen during this actual season. After this season, the possibilities are 50/50 if they are motivated to make it happen.

Before any of this...we need to find out if Romo can take hit again. Stay tuned.

 

[DeaconBlues]

you are not correct at all...the dead money would hit next year

http://www.nfl.com/news/story/0ap3000000636092/article/key-nfl-offseason-dates-for-2016

"For any player removed from the club's roster or whose contract is assigned via waivers or trade on or after June 2, any unamortized signing bonus amounts for future years will be included fully in Team Salary at the start of the 2017 League Year."

The key words are for future years, or guarantees not yet reached. TR is in the fourth year of five yearly bonuses. Only the guarantee for 2017 ($5 million) would hit next year. That leaves $40.1 million from current/prior years, with appropriate pro-ration, for 2016.

 

[Nightman]

http://www.nfl.com/news/story/0ap3000000636092/article/key-nfl-offseason-dates-for-2016

"For any player removed from the club's roster or whose contract is assigned via waivers or trade on or after June 2, any unamortized signing bonus amounts for future years will be included fully in Team Salary at the start of the 2017 League Year."

The key words are for future years, or guarantees not yet reached. TR is in the fourth year of five yearly bonuses. Only the guarantee for 2017 ($5 million) would hit next year. That leaves $40.1 million from current/prior years, with appropriate pro-ration, for 2016.

Sorry but you are 100% wrong on this...it is treated just like a post June 1st cut

 

[plymkr]

Get outta here. There will be several teams licking their chops to sign or trade for romo if the price is right.

If half of the Cowboys fanbase, or maybe more than half, feels that Romo is an injury prone, 36 yr old QB who can't take the simplist tackle without breaking a bone. Why would a team trade for him. What makes me laugh is the part of the fanbase that doesn't want Romo to start when he's healthy bases their opinion on his extensive injury history, his age, his lack of production, and how he will not finish one game without a season ending injury. If we as fans have those concerns then why would the Dolphins, Jets or some other sucker trade for a guy and eat his salary if he's not going to be able to finish one game without breaking like a china doll. Either he's a viable starting option for a every team or he's too fragile and old for every team. He can't be a has been, injury prone guy just for our team but for another team be someone who could play without getting hurt.

Now CowboyRoy this post is not directed at you by any means nor is it a reflection of anything you've said. The reason why I quoted your post was because it gave me the thought, but that's not to say you're wrong, it just made me think of what other teams would be thinking.

Also thanks to all the people who know the cap numbers and how it works. It's kind of cool to see the financial break down.

 

[DeaconBlues]

Sorry but you are 100% wrong on this...it is treated just like a post June 1st cut

I quoted (and linked) the official release from the NFL. Where is your info coming from?

 

[Nightman]

I quoted (and linked) the official release from the NFL. Where is your info coming from?

the CBA and it says the same thing you posted......you are just reading wrong

any cuts or trade after June 1st count for the next year....there is no other way to put it

Article 13 of the CBA Section 6

(2)For any player removed from the Team’s roster or whose Contract is
assigned via waivers or trade after June 1, except in the Final League Year, any unamor-
tized signing bonus amounts for future years will be included fully in Team Salary at the
start of the next League Year.
(3)
In the event that a player who has had a signing bonus allocated over the
years of his Player Contract is traded, or whose Contract is assigned to another team
pursuant to the NFL’s waiver procedure, the Team Salary of the player’s new team will
not include any portion of the signing bonus.

 

[plymkr]

the CBA and it says the same thing you posted......you are just reading wrong

any cuts or trade after June 1st count for the next year....there is no other way to put it

Article 13 of the CBA Section 6

(2)For any player removed from the Team’s roster or whose Contract is
assigned via waivers or trade after June 1, except in the Final League Year, any unamor-
tized signing bonus amounts for future years will be included fully in Team Salary at the
start of the next League Year.
(3)
In the event that a player who has had a signing bonus allocated over the
years of his Player Contract is traded, or whose Contract is assigned to another team
pursuant to the NFL’s waiver procedure, the Team Salary of the player’s new team will
not include any portion of the signing bonus.

Ok If I understand this right. If TR was traded or released tomorrow then it would be considered after June 1 therefor counting against the 2017 cap. But if we traded or cut him prior to June 1st 2016 then it would have counted against the 2016 and 2017 cap. So we could have traded or cut TR June 2nd 2016 and the cap hit wouldn't take effect until the start of the NFL year which is in March sometime and it would count against 2017 salary cap.

Am I reading that right? I think what's confusing is the start of the league year is different then the start of the playing schedule. Well that's confusing for me anyway.

 

[Redball Express]

This isn't a trade Romo thread. This is a question about Romo's contract and the cap hit associated with it. We all know that if Romo is cut or traded or retires the entire prorated cap hit for the signing bonus gets accelerated into this year. That is also true in subsequent years, but the prorated money falls with each succeeding year.

Are there contracts on the team that could be combined with Romo's cap number to provide relief allowing Romo's contract to be moved? Someone mentioned Crawford's contract a day or so ago regarding cap relief, but I am not sure he is far enough along to be a positive cap flow contract.

We all know Romo's contract alone prevents the team from just trading him at this point. I am just wondering what the numbers say about it. A team like Denver might give up the farm to get Romo during this season, but the offered compensation might decrease significantly after the year is over. I'm not saying it should happen. I am just wondering if it is even remotely feasible to do it.

I wonder if Romo and another player are traded together that it actually helps the cap enough to make a trade of Romo feasible. In return we would probably have to get several picks and a player or two who are overperforming their contracts (at a position of need) to make it feasible to do it.

Right now I am guessing even if the team were motivated to move Romo to take advantage of the situation (I don't think we are) the chances of doing it are less than 5 percent of being able to make it happen during this actual season. After this season, the possibilities are 50/50 if they are motivated to make it happen.

Good questions..

No chance of trading Romo.

Tony is still greatly in our plans and his salary requires he plays.

As a 4th Rd draft pick signed for the next 4 yrars..

it's obvious they are going to need to redo DAKS deal next year..

and when he takes over for Tony..

they will switch off Tonys deal to DAK and Tony will retire.

 

[TheSkaven]

To answer your question, per spotrac, TR's dead money for 2016 is $40.1 million. If he is traded this year, it would be pro-rated for the number of games played by Dallas, minus his salary, also pro-rated. Roughly, a cap hit of $32 million. Immediately.

There has been a lot of bad information in this thread. This is absolutely, unequivocally wrong. If Romo is traded during this bye week, the 2016 cap hit will be about $15 million. Keep in mind that this is prorated based upon where we are in the season so this changes week to week.

The best source that I can give you is a timely article in the Sporting News which breaks down the cap hit for three scenarios: trading/releasing him in 2016, 2017 or 2018. I think this is what the OP was seeking.

http://www.sportingnews.com/nfl/new...rumors-dak-prescott/20qv4nggl2fr175pgnxzy64fc

My opinion: I like the middle scenario. We're only 6 games into this season and this looks like a Superbowl contender. Romo provides an important insurance policy if Dak struggles or gets hurt. I would eat the extra 5 million to look for trade partners in 2017. The only caveat is that if we were offered a ridiculous deal, obviously that would need to be considered.

 

[Wood]

When I look at Romo cap number next year it becomes clear this is last 10 games as Cowboy. He should be celebrated, knighted, ring of honor and all that fun stuff. But what can't happen is Romo on this team to start next season at 20+ million cap hit while Dallas can't sign & resign defensive players.