Report: Cowboys re-work contracts for Romo, two others

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Updated: 3/07 9:54 am

Dallas, TX (SportsNetwork.com) - The Dallas Cowboys are reportedly close to finalizing restructured contracts for quarterback Tony Romo, linebacker Sean Lee and cornerback Orlando Scandrick.

The new Romo deal, which is being reported by the Dallas Morning News, will save the team another $10 million. According to the report, the new deal drops Romo's salary-cap figure from $21.7 million to $11.7 million.

Prior to last season, Romo signed a six-year contract worth $108 million. It included a guaranteed $55 million.

According to the Cowboys website, the Lee and Scandrick moves will save the team nearly $7.8 million in cap space.

The salary cap for the coming season is expected to be $133 million and teams have until next Tuesday to get to that figure.

Dallas is now estimated to be within $1 million of the cap after restructuring the three deals, according to the Dallas Morning News report.

Romo, who underwent back surgery and missed the final game of the 2013 season, completed 63.9 percent of his passes for 3,828 yards with 31 touchdowns and 10 interceptions in 2013. Dallas finished the season 8-8 and missed the playoffs.

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