NFL Rumors: Tony Romo gives Cowboys $10M in 2014 cap space

By John Breech | CBSSports.com

This is the face of a guy who just restructured his contract to help the team. (USATSI)
This is the face of a guy who just restructured his contract to help the team. (USATSI)

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A lot happened in the NFL on Tuesday. Tony Romo restructured his contact. A few players got cut and someone even retired. Trying to keep tabs on everything that happens in the NFL on any given offseason day can be overwhelming sometimes, so we've decided to put it all in once place for you.

That place is here.

Here's the news, notes and rumors that you may have missed from March 4.

Romo restructures

For most teams, getting under the $133 million salary cap by March 11 is easy, but most teams aren't Dallas. Before Tuesday, the Cowboys were almost $20 million over the cap, but thanks to Tony Romo, they're not anymore. Romo restructured his contract, meaning $12.5 million of his $13.5 million base salary is now signing bonus. The means the Cowboys can spread that $12.5 million over the remaining years of Romo's contract for salary cap purposes.

Romo's 2014 cap figure will drop from $21.773 million to $11.773 million. The Cowboys also restructured the contracts of linebacker Sean Lee and cornerback Orlando Scandrick. Once all three moves are in the books, the Cowboys will be less than $1 million over the cap.

There's several ways Dallas can get under cap and one of them might involve defensive end DeMarcus Ware. Ware is set to count $16 million against the 2014 cap, something the Cowboys want to fix. According to ProFootballTalk, the Cowboys have let Ware know they want to keep him, but not at that price.

Hit the road Jack

  • The Redskins are probably going to have to replenish their stock of pink slips after all of the cuts they made on Tuesday. Running backs Jawan Jamison and David Meggett were both waived. Washington did more than that though, the Redskins also "terminated the following vested veterans:" Defensive end Adam Carriker, tight end Richard Quinn and punter Sav Rocca.

  • The Chargers also made some cuts, but not as many as the Redskins. San Diego released fullback Le'Ron McClain, along with cornerbacks Derek Cox and Johnny Patrick. It's no big surprise that Cox was cut. In our 2014 Chargers offseason preview, Cox was named the team's Least Valuable Player. That's never an award you want to win. Cox was one of San Diego's biggest offseason signings in 2013, but he never played like it.

  • The Vikings haven't made it official yet, but the team is expected to part ways with tight end John Carlson. Don't be surprised if Carlson considers retirement after his release.

    "That's something that my wife and I will consider," Carlson said when asked about retirement in December. "After every season it's an evaluation period because of the nature of our business. Players move around, players get cut, coaches get fired, things happen. So in that sense, every year is an evaluation period and this year will be no different. And the concussion part of it will be in that conversation."

  • Philadelphia has an Eagle eye on its salary cap situation. Yes, that was a horrible pun, but lets forget it and move on. The Eagles released wide receiver Jason Avant on Tuesday. The move comes 11 days before the team owed him a $1 million roster bonus. Overall, the team will save $3.25 million in 2014 cap space with Avant's release.

  • The Jaguars are overhauling their offensive line and that included releasing starting right guard Uche Nwaneri on Tuesday. The move will save the Jags $3.7 million in cap space. Jacksonville has almost $60 million heading into free agency, which is a good thing because apparently, they have a few holes to fill.

Retirement party

Tony Gonzalez isn't the only Falcon who decided to call it quits this year, running back Jason Snelling announced on Tuesday that he's also retiring. The 30-year-old seventh-round draft pick spent seven seasons in the NFL, all with Atlanta.

Not every player in Atlanta is retiring though. the Falcons re-signed defensive tackle Corey Peters to a one-year deal.

Other signings

The Texans re-signed linebacker Ricky Sapp. Sapp played in four games for Houston last season after originally signing with the team in November.

The Titans re-signed safety Bernard Pollard on Monday, but the terms weren't announced until Tuesday. Pollard's signed a two-year deal that's worth up to $6.4 million, according to NFL.com.

Rumors

The Browns decided last week that they no longer wanted linebacker D'Qwell Jackson, so they cut him. Since then, Jackson has been on a tour looking for a new team to play for. According to the Miami Herald, the former Browns linebacker has narrowed his choices down to Miami, Indianapolis, Denver and Tennessee.

Welcome back

The NFL hasn't officially announced it, but Brandon Browner seems pretty sure that he's been reinstated. The Seahawks cornerback announced on Twitter that his suspension is over. Since Browner's contract with Seattle is up, the reinstatement means any team can sign Browner when free agency begins on March 11.

Photo of the Day

Apparently the rumors are true, Bill Belichick never takes his hoodie off.

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