Adam Schefter of ESPN reports that the Cowboys and Romo reached an agreement on a six-year extension that contains even more guaranteed money than the six-year, $120.6 million contract that Joe Flacco got from the Ravens.
As is always the case, the contract details will come out in time. But the initial indication is that Jerry Jones backed up the Brink’s truck to pay Romo. Schefter says the total value of the deal is a six-year contract worth $108 million.
The Cowboys have been trying for weeks to get a new deal done with Romo, who would have counted $16.8 million against this year’s salary cap if he didn’t have a new contract. The new deal will reduce Romo’s cap number for 2013.