Top 3 Offseason Needs: Dallas Cowboys
In advance of March 9, the start of free agency in the NFL, Pro Football Rumors will detail each team’s three most glaring roster issues. We’ll continue this year’s series with the Dallas Cowboys, who rode two rookie offensive stars to a 13-3 record and the NFC East title.
Depth Chart (via Roster Resource)
Pending Free Agents:
- Brice Butler, WR
- Brandon Carr, CB
- Barry Church, S
- Morris Claiborne, CB
- Jonathan Cooper, G
- Jack Crawford, DE
- Ryan Davis, DE/LB
- Lance Dunbar, RB
- Justin Durant, LB
- Gavin Escobar, TE
- Andrew Gachkar, LB
- David Irving, DE (ERFA)
- Ronald Leary, G
- Rolando McClain, LB
- Terrell McClain, DT
- Darren McFadden, RB
- Kellen Moore, QB
- Mark Sanchez, QB
- Josh Thomas, CB
- J.J. Wilcox, S
- Terrance Williams, WR
Top 10 Cap Hits for 2017:
- Tony Romo, QB: $24,700,000
- Dez Bryant, WR: $17,000,000
- Sean Lee, LB: $12,450,000
- Jason Witten, TE: $12,262,000
- Tyrone Crawford, DL: $10,350,000
- Tyron Smith, T: $8,820,000
- Doug Free, T: $7,500,000
- Ezekiel Elliott, RB: $5,671,895
- Orlando Scandrick, CB: $5,281,021
- Travis Frederick, C: $4,531,000
Other:
- Projected cap space (via Over the Cap): $4,236,937
- 28th pick in draft
- Must exercise or decline 2018 fifth-year option for G Zack Martin
Three Needs:
1. Part ways with Tony Romo: The Cowboys cleared a good deal of cap space last week by restructuring the contracts of offensive linemen Tyron Smith and Travis Frederick, but they still have the worst cap situation in the league. That doesn’t account for one move that Dallas will almost assuredly make this offseason, however, as the club can create a bit more financial wiggle room by cutting ties with veteran quarterback Tony Romo, either through trade or release.
Romo’s future figures to be the dominant Cowboys storyline this offseason, and while the team could attempt to trade him in the coming weeks, a deal seems unlikely, particularly for financial reasons. Thanks to multiple contract restructures, nearly $20MM in prorated Romo bonus money is on the Dallas books over the next three seasons. If the Cowboys were to ship Romo to another club, the entirety of that total — $19.6MM, to be exact — would accelerate onto Dallas’ cap, an untenable outcome given the state of team’s salary cap.
Additionally, it’s unclear how much interest Romo would generate on the trade market, and/or what type of draft pick compensation the Cowboys could expect to reap. At least one rival club, the Broncos, seem to have no wish to entertain a trade for Romo, and would only be willing to sign him as a free agent. The theoretical price tag on Romo has varied wildly, as some executives have speculated the Cowboys could acquire a second-round pick for Romo, while other evaluators think a mid- to late-round conditional draft choice is more likely.
One factor working in Dallas’ favor is that a number of teams have already been linked to Romo, which could hypothetically raise the draft cost enough that a trade would make sense from the Cowboys’ perspective. The Chiefs, Bills, Broncos, Redskins, and Texans have all been mentioned as possible suitors for Romo, and if enough members of that list has serious interest, Dallas could start a bidding war and secure a relatively high draft choice. Romo is reportedly open to “massaging” his contract — likely by accepting some sort of paycut or restructure — which could make him even more attractive to interested parties.
From a fiscal standpoint, though, a release of Romo represents a far more palatable situation than a trade. Specifically, the Cowboys would need to designate Romo as a post-June 1 cut, which would allow Romo to hit the market now and only keep the accelerated $19.6MM dead money charge on Dallas’ salary cap until early June, at which point the dead money would be reduced to just $10.7MM. Gaining nearly $9MM in cap space in the summer isn’t going to help the Cowboys ink any marquee free agents, but it would help the club sign its draft class, bring in street free agents, and plan for unexpected financial charges that occur throughout a season.
Romo, for what’s it worth, expects to be cut rather than traded, and it’s possible that his close relationship with Cowboys owner Jerry Jones will allow the 13-year pro to secure his release and then choose his next club himself. Speculatively, such an outcome could come with a handshake agreement between Jones and Romo that the latter won’t sign with a rival like Washington.
If and when the Cowboys cut ties with Romo, they’ll need a new backup quarterback to play behind Dak Prescott. Dallas reportedly has mutual interest with former Browns signal-caller Josh McCown, while the Cowboys could also conceivably re-sign either Mark Sanchez or Kellen Moore, both of whom are unrestricted free agents. Other available quarterbacks who may intrigue the Cowboys include Case Keenum, Nick Foles, Ryan Fitzpatrick, and Christian Ponder.
Mutual Interest Between Cowboys, Josh McCown
There’s mutual interest between the Cowboys and backup quarterback Josh McCown, according to Ed Werder of ESPN.com (on Twitter). However, the Tony Romo situation has to play out first. Werder adds that the Cowboys’ desire to add McCown could be a factor in the timing of the call on Romo. 
Of course, Romo currently stands as the No. 2 quarterback on the Cowboys’ depth chart, but the veteran is pushing for an opportunity to start elsewhere. It is believed that Romo would like to be granted an outright release while the Cowboys, presumably, would like to get something for him via trade. If Romo is cut loose, he will have total freedom to choose his next team. In that event, some have speculated that the Cowboys and Romo could make a tacit agreement in which Romo does not sign with a specific list of rival clubs.
McCown, 38 in July, is listed as one of my top 15 quarterbacks available this offseason. He’s obviously no longer a starting caliber QB, but he could serve as an experienced Plan B behind star Dak Prescott. For his part, McCown says he has heard from four or five interested teams.
Latest On Broncos’ Tony Romo Interest
If the Cowboys release Tony Romo — as the veteran quarterback himself expects the club to do — the Broncos will internally debate the idea of pursuing 36-year-old signal-caller, according to Mike Klis of 9NEWS. If Romo’s price tag reaches the $13MM range, however, Denver is expected to bow out, per Klis.
[RELATED: Broncos Have Interest In Andrew Whitworth]
The Broncos have long been believed to be Romo’s ideal landing spot, while Denver was reportedly only interested in Romo as a free agent signing, given that the club isn’t willing to sacrifice draft pick capital or assume Romo’s contract. Cowboys owner Jerry Jones said last night his team hasn’t made any decision on the Romo front, tweets Jon Machota of the Dallas Morning News, but a release seems likely, if only for financial reasons.
Romo has three years left remaining on his current deal, and an acquiring club would take on base salaries of $14MM, $19.5MM, and $20.5MM over the next three respective campaigns. A trade, though, would leave the Cowboys will nearly $20MM in dead money, the effect of multiple restructures that pushed prorated bonus money into the future. As such, a post-June 1 designated release of Romo makes more sense, as such a move would saddle Dallas with only $10.7MM in dead money.
Signing Romo would indicate a Broncos uneasiness with 2016 first-round quarterback Paxton Lynch, writes Klis, noting that Romo wouldn’t join Denver without an assurance of a starting job. Trevor Siemian, the Broncos’ primary starter last season, would also see his status become murky if Romo is signed. The 25-year-old is coming off shoulder surgery, but should be ready to go by OTAs, reports Troy Renck of Denver7.
The Broncos will likely have competition for Romo once he reaches the open market, as the Texans, Chiefs, Bills, and Redskins have all been linked to the 13-year pro.
Redskins Pondering Tony Romo Pursuit?
The Redskins have made little progress in extension talks with quarterback Kirk Cousins, and the club is now “wondering” if they could acquire a veteran signal-caller such as the Cowboys’ Tony Romo if Cousins were traded, according to Jason Cole of Bleacher Report (video link).
[RELATED: Kirk Cousins Won’t Sign Extension Before Franchise Deadline]
Clearly, a Mr. Romo Goes To Washington scenario is fraught with potential — and possibly deal-breaking — hurdles. Cowboys owner Jerry Jones almost certainly wouldn’t trade a viable quarterback to a division rival, and would seemingly be especially loathe to do so with Romo, with whom Jones has a personal relationship. Romo, for what it’s worth, expects to be cut rather dealt, but even a release could come with a tacit agreement that Romo not sign with an NFC East club like the Redskins.
A Romo acquisition would be preceded by a Cousins trade, per Cole, who reported last month that the 49ers would be among the clubs interested in bringing Cousins aboard. San Francisco would be open to trading the No. 2 overall pick to land Cousins, whom the Niners view as their Plan A at quarterback. For such a deal to go down, the Redskins would first to need to franchise Cousins in order to retain his rights, then work out a trade with the 49ers that would be officially consummated on March 9 (or anytime thereafter).
Romo, 36, is due base salaries of $14MM, $19.5MM, $20.5MM in each of the next three seasons, but none of that money is guaranteed. The Bills have mentioned as a potential suitor for Romo, as have the Broncos, while Denver, Houston, Arizona, and Kansas City have been identified as Romo’s preferred destinations.
Chiefs Could Part Ways With Alex Smith?
Alex Smith has averaged nearly 11 wins per season during his four-year run with the Chiefs, but that won’t stop Kansas City from exploring other quarterback options this offseason, according to Jason Cole of Bleacher Report (video link), who notes a “growing sense” among NFL executives that the Chiefs could move on from Smith. However, Kansas City will likely only part ways Smith if it’s able to acquire another signal-caller such as the Cowboys’ Tony Romo or the Patriots’ Jimmy Garoppolo, per Cole.
[RELATED: Chiefs Likely To Decline Nick Foles’ Option]
Smith’s potential ouster has been a topic of conversation before, as has possible mutual interest between the Chiefs and Romo. A prospective Kansas City acquisition of Garoppolo, however, has not, although the New England signal-caller figures to be a desirable item in the coming weeks, as the Browns, Bears, and 49ers are all expected to make a push for Garoppolo (and have more attractive draft picks to offer).
A “strong feeling” exists within league circles that the Chiefs have plateaued with Smith, but Kansas City won’t acquire Romo — or presumably, Garoppolo — without cutting ties with Smith first. While the Chiefs could look to trade Smith to a quarterback-needy club, Ian Rapoport of NFL.com reported earlier this month that Kansas City would likely release Smith if they landed Romo. The Chiefs would save $9.7MM by cutting Smith, or $13.3MM by designating him as a post-June 1 release.
Since being acquired prior to the 2013 campaign, Smith has averaged 19 touchdowns and seven interceptions per season while completing 64.5% of his passes for the Chiefs. Smith, 32, has led Kansas City to three postseason appearances during that span, but the Chiefs have never advanced past the Divisional Round.
Cowboys Free Up Cap Space
The Cowboys entered Monday with the worst cap situation in the NFL for 2017, but that’s no longer the case. The club has restructured the contracts of two of its top players, All-Pro left tackle Tyron Smith and All-Pro center Travis Frederick, reports Todd Archer of ESPN.com. The changes will save Dallas $17.3MM and take the team under the projected $168MM cap for next season.
In order to make the contracts of Smith and Frederick less onerous, the Cowboys converted approximately $21MM of the $24MM they’re due in 2017 into signing bonuses, according to Archer. Smith had been set to rake in a $10MM base salary, while Frederick was slated to earn over $14MM.
This is now the second straight year in which the Cowboys have reworked Smith’s contract. Smith, who signed an eight-year, $98MM extension in 2014, ranks first among left tackles in total value and third in both yearly average and guarantees ($22MM-plus). The 26-year-old has started in all 92 appearances since the Cowboys selected him ninth overall in the 2011 draft, and he’s coming off a season in which he ranked 16th among Pro Football Focus’ 78 qualified tackles.
As was the case with Smith, Frederick was hugely instrumental in the success the Cowboys’ Dak Prescott– and Ezekiel Elliott-led offense experienced in 2016. Frederick inked a six-year, $54.6MM extension with $18.2MM fully guaranteed last August, and currently leads all centers in total value and yearly mean. He’s second only to the Falcons’ Alex Mack in guarantees. The 31st pick in 2013, Frederick hasn’t missed a game or a start in four years with the Cowboys. The 25-year-old was PFF’s second-best center in 2016.
Cowboys Would Likely Give Tony Romo Post-June 1 Designation
- Tony Romo is expecting the Cowboys to release him, and if the team does cut the quarterback, the likelihood is that it will assign him a post-June 1 designation, writes Todd Archer of ESPN.com. That would give the Cowboys $14MM in cap space for 2017, far more than the $5.1MM they’d get if they were to release Romo without the June designation. Dallas wouldn’t gain that $14MM in spending space until June 2, well after the busiest portion of the offseason, but Archer contends the club could put the money to use to sign draft picks, add free agents during the year and even carry over into 2018, among other possibilities.
Would Cowboys Consider RT With R1 Pick?
- Would the Cowboys taking an offensive lineman with their No. 28 overall pick sound crazy given their line’s status as arguably the NFL’s best? However, right tackle Doug Free is entering a contract year, and Todd Archer of ESPN.com notes the team could consider Wisconsin’s Ryan Ramczyk with its top pick in a developmental scenario. Archer expects Free to return for the 2017 season. If nothing else, cutting Free — and saving $5MM — would create a hole not easily filled in a weaker tackle market. But the 33-year-old blocker might be entering his final season in Dallas. ESPN.com’s Mel Kiper Jr.’s latest mock draft (Insider link) has Ramczyk going to the Seahawks at No. 26 and the Cowboys taking Florida cornerback Teez Tabor.
- The Bears have infiltrated a Las Vegas sports book’s top picks for Tony Romo‘s landing spot. Sportsbook.ag’s R.J. Bell (via the Dallas Morning News) projects the Bears as Romo’s fourth-most likely 2017 employer — behind the Texans, Broncos and Cowboys. Houston’s emerged as the favorite despite the organization’s known stance being to avoid getting involved for Romo. Interestingly, the Chiefs are down at No. 5 after being viewed as a primary destination. ESPN.com also projected a Bears/Romo partnership as being more likely than many believe.
Tony Romo Open To Facilitating Trade
While the ideal outcome for Tony Romo‘s chances at starting for a contending team is a Cowboys release, the 15th-year veteran knows he could possibly fetch his team a Day 2 pick in a trade. The likely departing quarterback is open to the possibility of adjusting his contract to help facilitate a trade, Jason La Canfora of CBS Sports reports.
This adjustment, though, would be designed to help Romo land with a contending team. But the veteran passer does not have a mandate about how this plays out. He’s not demanding anything from the Cowboys and does not plan to do so, per La Canfora. Jerry Jones and his previous starting quarterback have not sat down to discuss this complex situation yet, but La Canfora notes this dialogue will likely occur before the Cowboys’ contingent leaves for the Combine early next month.
Romo expects to be released, but La Canfora notes neither side knows how this saga will unfold at this juncture. The four-time Pro Bowler will carry a league-high $24.7MM cap figure in 2017 and is signed through 2019, with cap numbers of $25.2MM and $23.7MM in ’18 and ’19 set. It would take plenty of adjusting to get prospective quarterback-needy contenders to agree to a trade, though, especially considering Romo’s now-extensive injury history.
However, La Canfora notes the since-demoted passer is “working out like a demon” to be ready physically this offseason. Romo has not started in a game since November of 2015 and played in just one in 2016.
The Cowboys could be aiming for a third-round pick for Romo, but two of the teams that would fit the profile for a possible suitor — the Broncos and Texans — are not said to be interested in a trade. The Broncos, though, could be interested in signing the 36-year-old QB if he hits the free agent market. Their public commitment to Alex Smith notwithstanding, the Chiefs may be on the lookout here as well.
Machota: Cowboys Likely To Draft DE Early
- In his latest chat with fans, Jon Machota of the Dallas Morning News says that he expects the Cowboys to select a defensive end with one of their first two picks in this year’s draft. The 2017 class has a fair amount of talent at the edge rushing positions, so Dallas should be able to land a quality prospect even though they are picking near the end of each round.





