More Romo contract discussion
Thanks to a diary by BTB-regular Impatient we get the Matt Mosley view on the Tony Romo contract. Here’s the key paragraphs:
For everyone who keeps writing that the Cowboys should hedge their bets with Romo, you lost that opportunity on draft day when owner Jerry Jones decided not to take Brady Quinn at No. 22.
Hey, I wonder if I’m part of that "For everyone who keeps writing" line? I have written that the Cowboys might consider waiting to evaluate Tony Romo under the new regime before locking into a long-term contract. Now, I’m not dead-set on this, if the Cowboys signed Romo to a long-term contract tomorrow I wouldn’t be upset. Contrary to popular belief, even though I’m known to criticize some of Romo’s play from last season, I am genuinely excited about what he can achieve this season and for seasons to come. But optimism and hope can be a dangerous feeling when signing guys to long-term deals.
As for the passing on Brady Quinn locking the Cowboys into a situation where they have to sign Romo long-term, I’m not as sold on that theory. Yes, passing on Quinn was a huge indication that the Cowboys are banking on Romo for their future. But there’s always another draft coming up every year, and there are always free-agents in every offseason. Still, I get the drift that Romo is supposed to be the Cowboys’ future, so maybe you want to pay him like that.
Mosley’s solution:
I expect the Cowboys to reward Romo with a split signing bonus over two years that totals more than $20 million. At this point, the only leverage Jones has is that Romo only has 10 starts.
The idea of splitting up the signing bonuses over a couple of years is a good way to remedy the problem of locking yourself into a deal that may backfire on you.
In the end, if I had to guess, the Cowboys will have Tony Romo as their starting QB for well into the future. I think he has that kind of promise and potential, so whichever way the Cowboys choose to go, I think the end result is that Romo will be a Cowboy, unless he totally bombs this year. And I mean extra heavy-duty bombage, not just a so-so season.
But I doubt the deal gets done before training camp, that’s only a month away and the Cowboys and Romo’s agent haven’t begun serious negotiations yet. No one seems willing to propose a number yet, even though the Matt Schaub deal has been bandied about as a starting point.

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16 comments
Comments
Romo's contract
I think the flaw in everyone's thinking regarding the "wait and see" or "let me see more" theory is that you are making a huge assumption that Romo will want to sign a deal 5 or 6 games into the season. If Romo starts out playing very well like he did last season, I'm betting his agent tells him to wait until after the season as his market value will be sky high. Right now, its in the Matt Schuab range which isn't too bad.
Just remember, there aren't too many young franchise qb's who hit the open market, which is what Romo will be after this season. Teams will be offereing him huge money and I'm sure Jones doesn't want to deal with that scenario.
If you lock him up now, you'll have your franchise qb for the next several years at a fairly reasobable price.
by Terry on Jun 19, 2007 12:28 PM CDT reply actions 0 recs
Dallas QB
You can't get any better than that. If Romo thinks he can, let him go if he has that type of ego...
by Longhorn on Jun 19, 2007 7:41 PM CDT up reply actions 0 recs
My cousin's friend is good friends with
Romo and I guarantee you he has a huge ego.
by Burt D on Jun 19, 2007 8:04 PM CDT up reply actions 0 recs
Could Romo lay an egg this season?
sure. Could Romo be awesome? sure. There is no sure thing at this point, and everyone wants to be extra safe and wait and see.
Well the way I see it if Romo is not the man then we are going to be drafting a qb next year and that will set back our franchise anyhow. The Cowboys are made to win now. So at some point we are going to have to take a risk.
Jerry is always saying he is a risk and reward type person. I think its well worth the risk to lock up Romo to a reasonable contract now. Because to potentially have a great QB tied to your organization for the forseeable future at a reasonable contract that won't waste a lot of cap space is quite a reward.
by Burt D on Jun 19, 2007 1:20 PM CDT reply actions 0 recs
The problem is that's more complicated than that
All players take some time to "get it". Brees was considered a bust until his final season in San Diego, so maybe 2008-2009 is Romo's defining year. He may very well continue to have highs and lows rather than the binary equation we're all looking for - Super Bowl or First Overall Draft Pick.
I say you lock him up for precisely what his fair market value is today.
by dunkman on Jun 19, 2007 3:15 PM CDT up reply actions 0 recs
exactly
I don't know why so many Copwboys fans want to see Romo hit the open market, which I think will happen if he deosn't sign before the season starts. Most players want to concentrate on football during the season, not negotiating their contract, especially Romo, which is why I think he wants it done now.
The argument that we will be in cap hell if he busts doesn't wash with me because this team will be headed into another dark era real quick if Romo doesn't come through so it really doesn't matter what our cap situation will be.
Everyone thinks just drafting a qb in the 1st rd would solve that problem, but it wouldn't as over 50% of qb's taken in the 1st rd are busts anyway. Like or not, the future success of the Cowboys rests on the shoulders of Romo, so making the financial committment now makes the most sense.
by Terry on Jun 19, 2007 3:36 PM CDT up reply actions 0 recs
Straw man alert!!!
No one wants to see Romo hit the open market, your putting words in people's mouths. We are just examining the options.
by Dave Halprin on Jun 19, 2007 6:19 PM CDT up reply actions 0 recs
Romo Contract
I don't blame Jerry Jones for Chad Hutchinson or Drew Henson, because they didn't cost him that much and he was trying to take a risk to find the next Aikman. He wasn't going to do it through the draft.
I would prefer to give Romo a 3 - 4 year contract, but I expect he will want more. I would want to lock up as much as I could now if I were him. He might not get another chance.
He's exciting to watch and seems to have a winning personality and work ethic as well.
I would take the plunge!
by huck on Jun 19, 2007 4:25 PM CDT reply actions 0 recs
For those who want him signed now
What makes you think his price isn't already above a Schaub like contract? Don't you think both Romo and his agent will be negotiating for a contract based on the assumption that he is a Probowl QB? They'd be pretty dumb if they didn't.
I think Jerry can wait and see how Romo does this season. I don't think the price will go up much (in football salary terms) if he plays well, but it might come down if he struggles or, if he tanks, we won't be tied to a mega contract.
I think he's the future QB of the Cowboys for a long time, but I also don't think it will hurt Jerry's wallet to take a wait and see approach. They also might want to re-sign Newman first to see where they stand cap wise before working on Romo's deal.
by APerfectStar on Jun 19, 2007 5:14 PM CDT reply actions 0 recs
just so you know
Newman isn't a FA until after the 2008 season. I was also under the impression Newman would be a UFA after this season, but Mickey Spags in one of his articles says he signed through 2008.
by Terry on Jun 19, 2007 9:53 PM CDT up reply actions 0 recs
Thanks
I had not read the Spags article. That's a relief to not have to worry about TNew for at least another year.
by APerfectStar on Jun 19, 2007 11:24 PM CDT up reply actions 0 recs
Schaub is the floor
I think we have to assume that the Schaub contract would be Jerrah's opening offer. There is no justifiable reason he would be paid less; he has done more and has a longer history. Romo will get something more than that.
But hey, if he'll settle for Schaub's deal, fine by me!
by grapejoos on Jun 19, 2007 9:57 PM CDT up reply actions 0 recs
That's my point
He's already above the Schaub level contract. How far above...I don't know, but it's already going to cost a lot to sign Romo, so I don't see much risk in waiting to re-sign him at some point during the season.
by APerfectStar on Jun 19, 2007 11:31 PM CDT up reply actions 0 recs
the difference is more than you think
I think if the Cowboys signed Romo right now, he would get more than Schaub, but not much more. I would say around 6 yr, 55 mil.
However, if Romo lights it up this season, that number goes up to at least 80 mil, maybe even 90 mil, given the current FMV of starting qb's in the league.
To me thats a substantial increase Tom and as we all know, the odds of Romo succeeding greatly outweigh the odds of him bombing.
by Terry on Jun 20, 2007 8:36 AM CDT up reply actions 0 recs
If Romo has a big year
the Cowboys will get something done with him after the season. Let him become a FA. He will be begging to be the Dallas QB for life at that time.
by Longhorn on Jun 19, 2007 7:44 PM CDT reply actions 0 recs

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