Similar to Tom Brady, Tony Romo was headed toward becoming a sought after free agent, but in the television business. According to the New York Post's Andrew Marchand, Romo has agreed to a $17 million deal to remain with CBS, becoming the highest-paid NFL analyst in history.
Breaking: Tony Romo and CBS have agreed to a deal that will make him the highest NFL analyst in TV history in a deal that will pay him around $17 million per season, according to sources.
Story up shortly.
— Andrew Marchand (@AndrewMarchand) February 29, 2020
The initial deal for Romo was a three-year deal that would net him an excess of $50 million. However, Adam Schefter of ESPN is reporting that Romo's new contract with CBS could extend to 10 years.
CBS is giving Tony Romo a firm three-year deal to remain at the network, but it could grow to a 10-year deal, per sources. If the NFL extends its rights deal with CBS, Romo’s deal extends by seven additional years, even if the new rights deal is for a term shorter than seven.
— Adam Schefter (@AdamSchefter) February 29, 2020
By simply doing the math, Romo is going to make more than $100 million on his new contract. Not too bad for a quarterback that made $127.4 million in career earnings with the Dallas Cowboys.
Following his retirement from the NFL in 2017, Tony Romo immediately accepted a broadcasting job at CBS. Some were wary of Romo's ability to transition to the booth due to having no previous experience.
Despite the uncertainty surrounding him, Romo instantly joined Jim Nantz, replacing Phil Simms as the color analyst for CBS. Within his first year at the job, Romo began receiving praise for his charisma and knowledge alongside Nantz.
Above all, fans and the media alike were taken aback by Romo's uncanny ability to dissect plays before they happened. After displaying his talent as a commentator, the former NFL quarterback became a sought after name in the television industry.
The 39-year-old had his original contract with CBS expire after the 2019 season and there were multiple networks prepared to offer him an arm and a leg. However, prior to hitting the open market, CBS extended an offer to Romo that he couldn't refuse.