Cowboys restructure Romo's deal
DALLAS, TX (The Spread) – The Cowboys recently made several moves in order to clear cap room for 2014.
Dallas converted $12.5 million of quarterback Tony Romo’s $13.5 million base salary into a signing bonus, which cleared cap room for the 2014 season. The Cowboys also restructured the contracts of middle linebacker Sean Lee and cornerback Orlando Scandrick, which created nearly $7 million in cap space.
Lee converted $4.75 million of his $5.5 million base salary into a bonus while Scandrick turned $3.75 million of his $4.5 million base into an immediate bonus. Romo’s cap figure has now dropped from $21.773 million to $11.773 million.
The Cowboys are now roughly over $1 million thanks to these cap moves but Jerry Jones is only stalling the inevitable. He may have freed up space for the 2014 season but at some point he and the Cowboys are going to have to make serious cuts in order to free up cap space and that situation could cause a lot of dead money to stay on the team’s books. For now though, Jones has made the necessary moves to help get the Cowboys’ cap figure down.
According to oddsmakers from online sports book Bovada.lv, the Cowboys are 33/1 to win the 2015 Super Bowl, which gives them the same odds as the Cardinals, Falcons, Bengals, Lions, Texans, Steelers and Chargers. Dallas is also 18/1 to win the NFC title in 2014/15.