It was presumed yesterday that the Cowboys would release quarterback Tony Romo at the earliest possible date, which would be today, March 9. However, it now looks like a trade could still be in the works, as ESPN's Chris Mortensen is reporting that the Cowboys are still in trade talks with both the Broncos and the Texas.
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Cowboys now expect to trade Tony Romo to Broncos or Texans, sources say. Broncos talking with Jets about Trevor Siemian.
— Chris Mortensen (@mortreport) March 9, 2017
NFL.com's Ian Rapoport had his own report on the potential talks.
If there are Tony Romo trade talks happening, few in either of the two buildings discussed know about it. Cowboys keeping options open.
— Ian Rapoport (@RapSheet) March 9, 2017
Related: Cowboys preparing for life after Tony Romo by meeting with another veteran QB
A trade for Romo would be interesting, as his salary and cap hold — $14 million and $24 million, respectively — for 2017 make it an unenviable task for any team wanting to take on. Contracts can be reworked, though, and it would be interesting to see what Romo would be willing to do for a team that trades for him.
Of course, it makes all the sense from the Cowboys' end to see if they can get some sort of assets for Romo, especially considering the caliber of player that Romo is when he is healthy.
Romo was finally replaced as the Cowboys' starting quarterback in the 2016 season after an injury led to the emergence of rookie Dak Prescott. Romo, a four-time Pro Bowler, will be a hot commodity if he actually does hit the free agent market, as several teams, including contenders like the Broncos, will be looking for a new starting quarterback.