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A caveat on Romo’s guaranteed money

flaccoromo

Initial reports regarding the new deal for quarterback Tony Romo hyped the fact that he’ll get more guaranteed money than Ravens quarterback Joe Flacco.

Technically, that’s true. Romo’s seven-year deal carries $55 million guaranteed; Flacco’s six-year contract has $52 million.

Apart from the obvious fact that Flacco gets more guaranteed money per year is the reality that Romo already was destined to make $11.5 million in 2013. So the “new” guarantee for Romo is only (only?) $44 million for the six extra years of commitment.

It’s still impossible to know the practical duration and value of Romo’s contract without seeing the full deal. For Flacco, he’ll get $62 million over three years and then the Ravens likely will have to figure out a solution for a cap number that will be approaching $29 million in 2016. For Romo, we’ll find out once the official numbers are in.