Tony Romo emerged as one of the leading quarterbacks in the NFL throughout his 14-year career. He went undrafted in the 2003 NFL Draft but earned a $540,000 two-year contract with the Dallas Cowboys as a holder. In this piece, we’re taking a look at Tony Romo’s net worth in 2021.
Tony Romo’s net worth in 2021: $70 million
According to the Wealthy Gorilla, Tony Romo’s net worth in 2021 is $70 million.
In 2006, Romo made the jump to be the starting playmaker for the Cowboys’ offense. With him at the helm, the team eventually grabbed a playoff berth. He signed a six-year contract with Dallas during the 2007 season in which the team finished with a 13-3 record. He didn’t look back as he held the starting job until the 2015 season.
The front office of the Cowboys constantly tweaked his contract toward the end of his NFL tenure because the team doesn’t have enough cap space to bring new players in anymore. In 2013, he signed a 6-year, $108 million contract extension that included a $25 million signing bonus in an effort to make room under the cap. However, he didn’t get to play out the entirety of his contract as he retired three years into the deal.
In the 2016 season, he was riddled with injuries which caused him to miss several of the Cowboys’ games. He then decided to hang his cleats for good when he was about to completely lose the starting role to emerging rookie quarterback Dak Prescott.
Throughout his playing years, Romo was a four-time Pro Bowler and led the Cowboys to four postseason appearances. He concluded his playing career with a total of 34,183 passing yards, 65.3% completion percentage, and 248 touchdowns.
According to Over the Cap, Romo earned over $127 million and averaged $9.1 million per year in career earnings.
Romo followed the footsteps of fellow Cowboy quarterback Troy Aikman who also became a sports analyst after retirement. His broadcasting journey started when he met CBS Sports chairman Sean McManus at a pre-Super Bowl party. The dealbreaker was when the chairman asked Romo for inputs regarding a Seahawks-Patriots game. He was astonished by how the quarterback talked about his input in an engaging manner.
When Romo was completely over with his playing career, CBS Sports went out to hire him. He signed his first contract which gave him $3 million a year when he joined the network in 2017. Tony served as the lead color analyst for the network’s NFL broadcasts alongside play-by-play announcer Jim Nantz.
In 2020, Romo renewed his CBS contract until 2022, with the network reportedly paying him $17 million a year. The deal makes Romo one of the highest-paid personnel in sports broadcasting and the highest-paid NFL analyst in television history.
Outside of football and broadcasting, Romo also profits from endorsement deals with brands DirecTV and Pizza Hut. This includes an endorsement deal worth $10 million with the athletic brand Starter. He also appeared on a Super Bowl advertisement for Skechers back in 2019.
Romo was also a philanthropist as he selflessly donates to several charities and organizations. According to Fox 4 News, Romo met a Dallas pastor named Tony Evans and the two became good friends. The NFL star then willingly donated $1 million to help fund Evan’s Urban Initiative. He gave his time to an organization called the Children’s Cancer Fund which supports young cancer survivors. Romo also helped raise money for the Boys and Girls Club of America, United Way, and the Make-A-Wish Foundation.
Romo may have missed out on a trip to the Super Bowl, but good things have only happened ever since he took his football experience to the booth – which may turn out to be the best decision he has ever made in his career.