The quarterback who has spent all 13 of his National Football League seasons with the Cowboys has been told by the team he will be released Thursday, according to multiple media reports.
Taking all of that into consideration, there are only three teams that really make sense for Romo: the Denver Broncos, the Houston Texans and the Kansas City Chiefs.
The Cowboys haven't said if they will assign Romo a June 1 designation, which would save the Cowboys $14 million against the cap this year.
Romo was scheduled to count for $24.7 million against the Cowboys' cap in 2017. This led to many assuming that the Dallas Cowboys might release Tony before the NFL Draft, so that they could free up some space on the cap. The Cowboys scored on that drive, and Romo looked surprisingly good, surgically leading his team down the field for a touchdown. Romo isn't trying to cash in on his last few years, and it's doubtful a team would invest much.
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If the Texans are unable to sign Romo, the belief is that they would then pursue quarterback Jay Cutler once he gets released by the Bears.
The Dallas Cowboys pushed the accelerator through the floor on the Tony Romo rumors with the announcement they are going to release the quarterback on Thursday. He has played just five games over the past two seasons due to back and collarbone injuries.
Where is the best fit for the longtime Cowboys quarterback? Though he never won a ring with Dallas, Romo holds most of the franchise's career passing records, bypassing Hall of Famers Troy Aikman and Roger Staubach on the statistical front.