Saturday, June 15, 2024

Romo signs massive deal with CBS worth $180 million

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By Anthony Caruso III | Publisher 

CBS Sports Department had a dilemma on their hands. Either, they’ll re-sign NFL analyst Tony Romo or let him walk.

ESPN was the main other suitor for Romo. They desperately wanted him for their Monday Night Football coverage.

Former NFL quarterback and golfer Tony Romo looks on after pitting the ball on the 11th hole during the second round of the Safeway Open at Silverado Resort
Tony Romo looks on after pitting the ball on the 11th hole during the second round of the Safeway Open at Silverado Resort (Photo by Jonathan Ferrey/Getty Images)

The Worldwide Leader in Sports was willing to offer him a 10-year, $140 million deal.

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Instead of letting the long-time Dallas Cowboys quarterback to leave, CBS inked him to the largest deal in TV history for an NFL analyst. In fact, it’s a massive deal.

He signed a 10-year, $180 million deal. Romo will make $18 million per season under this agreement. 

That’s approximately $3.6 million per month. Romo will only be contractually to work from September through January under his deal. 

Some years, he’ll work an extra week in February when CBS has the Super Bowl coverage. In 2021, CBS is the broadcast partner for the Super Bowl in Tampa, Florida.

According to the New York Post, during the negotiations, CBS considered Peyton Manning. However, like he has done previously with ESPN, Manning turned down an opportunity to be a broadcaster.

This is a huge pay raise for Romo. Only one-time in his football career that he made more than $18 million. 

He also had two seasons where he made $17 million. 

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After retiring from football in April 2017, he signed a three-year agreement with CBS for their NFL coverage. He was reportedly making $3 million per season under his previous agreement. 

He showed very quickly that he became the top analyst on NFL TV. Through his homework, he could forecast plays before they would even be run. 

That means with his new agreement that begins with the 2020 season, he’s receiving a $15 million raise. In addition, he will continue to be partnered with Jim Nantz on CBS top NFL pairing.

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Anthony Caruso III
Anthony Caruso III
Anthony Caruso III is the Publisher of The Capital Sports Report. He has been in the Journalism field since August 2002. Since that time, Mr. Caruso has covered many marquee events. This includes 13 Heisman Trophy ceremonies, 2 Little World Series events, and one Army-Navy College Football game.
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