On March 8, rumors emerged from the Cowboys camp that Romo, who was the team's starting quarterback for a decade before being deposed by Dak Prescott in 2016, would be released the next day. That didn't happen, as Cowboys owner Jerry Jones pulled the plug on the release at the last second. Jones wanted to trade Romo, and believed he could leverage interest from the Broncos and Texans into a draft pick. That didn't happen either, as both teams were content to play wait and see.
Now, it appears that neither Denver nor Houston — or any other team — will get a shot at Romo's services.
Romo, who is expected to
Romo, in many ways, will retire as a Rorschach test for Dallas sports fans. He is either the gunslinger stuck with bad teams and worse coaches who never got his due for dragging the Cowboys as far as he did, or an injury-prone prima donna who was utterly incapable of turning in a big performance when it mattered most. The truth, as it always does, lies somewhere in the middle. Romo will always be the QB who could do this:
My favorite Romo play. Ever. pic.twitter.com/tT7uj45EBu
— ? DCBlueStar ? (@DCBlueStar) November 16, 2016
But he was also just as capable of throwing late-game, back-breaking interceptions, as he did during the last game of the 2012 regular season, costing the Cowboys a playoff spot.
Romo's retirement won't change the Cowboys' salary cap situation. Just as it would've been had Romo been released, the quarterback's cap hit will be spread over the next two seasons. The Cowboys will realize an additional $14 million in space for this season on June 2. Thanks to previous contract restructuring, Romo will count almost $11 million on the Cowboys 2018 cap, before going off the books in 2019.