Tony Romo revealed that DeMarco Murray asked him to take a pay cut so the Dallas Cowboys could work on a deal to keep him. Romo said he would take the pay cut or restructure his contract because he really wanted to keep Murray on the team. It wasn’t done however and Murray instead signed a five-year contract with the Philadelphia Eagles worth up to $42 million. NOW the Cowboys officially restructure Tony Romo’s contract to accommodate other players.
via ESPN:
The Dallas Cowboys officially turned in the restructured contract of quarterback Tony Romo to the league Wednesday, giving Romo a $1 million base salary for the second straight year.
A restructuring would convert $16 million of Romo’s original $17 million salary into a signing bonus, thus reducing his cap figure from an NFL-high $27.773 million to $14.973 million.
The move will create $12.8 million in cap room for the Cowboys to fit the one-year deal agreed to by linebacker Rolando McClain, as well as enough money to account for the per-game roster bonuses totaling close to $8 million in the one-year deal signed by defensive end Greg Hardy and the team’s seven draft picks.
While a Romo restructuring will give the Cowboys some flexibility this season, it adds $3.2 million to his cap figures from 2016-19 — $20.8 million in ’16, $24.7 million in ’17, $25.2 million in ’18 and $23.7 million in ’19.
