From what I have seen at overthecap.com, Romo's cap hit for 2014 of roughly $21M is pretty much set in stone absent a restructure. His base salary of $13M is guaranteed. We could restructure his base to prorate it over the remaining 4 years to save on the cap hit. But, I wouldn't do that. In 2015, I think we could designate him a June 1st cap hit and save on the cap. I'm guessing that 2014 is Romo's last year as a Cowboy.
Who this probably affects most contractually is Ware. I doubt the Cowboys have much choice but to cut him to save $12.25M with a June 1st cut. Throw in Austin for kicks and grins as a June 1st cap hit and the Cowboys knock off about $18M from the cap. Restructure Lee, Carr, Scandrick, and Witten and we can easily get to $9M under the cap. Which would leave enough for K Bailey ($2M) and the draft picks.
Don't even think about free agency. We won't be in that market at all. We will pick up camp cuts and scraps. We really need to hit on the draft picks in 2014 because our future really hinges on those players.