Tony Romo Trade Rumors: Latest News and Speculation on Cowboys QB

Tony Romo's demotion to backup quarterback behind Dak Prescott has dramatically increased the possibility that the veteran quarterback will be traded by the Dallas Cowboys this offseason.

Continue for updates.

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Romo Linked to Multiple Teams

Monday, Nov. 21

Ian Rapoport of the NFL Network reported Sunday morning that when the Cowboys try to trade Romo in the offseason, "he'll have significant say" on his destination, with the Denver Broncos reportedly being a landing spot of interest for the veteran quarterback.

Bleacher Report's Jason Cole reported Monday that Romo's recent support for Prescott could help Romo in regard to potential trade requests:

According to Jason La Canfora of CBSSports.com on Sunday, a number of NFL executives expect a "robust trade market for Romo if he is shopped—which many believe he will be." Those executives have the Broncos and Arizona Cardinals as the leading contenders for Romo's services.

Rapoport also listed the Chicago Bears, New York Jets and Buffalo Bills as possible destinations.

"I think they could get at least a second-round pick for him, or a third that moves up to a second based on playing time. Without a doubt," an anonymous NFL decision-maker told La Canfora. "Minnesota gave up a first and a four to rent [Sam] Bradford for a few years. Even with the recent injuries, Dallas will get value for Romo."

Add in the fact that Romo may not want to finish his career as a backup, and it isn't hard to see how a trade could be beneficial for both player and team.

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Top Landing Spots for Romo if Cut or Traded

Monday, Nov. 21

Bleacher Report's Chris Simms and Adam Lefkoe discuss the best potential destinations for Romo if the Cowboys decide to part ways with the veteran quarterback:

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Romo Could Still Remain with Cowboys

Sunday, Nov. 20

That, however, doesn't guarantee Romo will be traded. La Canfora's sources also suggested it isn't out of the question that Romo could return to the team on a reworked contract, with the Cowboys able to afford Romo, given that Prescott is playing under a rookie deal.

Still, even with a new pact, Romo would be an expensive backup. He is owed $14 million in salary and a $5 million signing bonus in 2017, $19.5 million in 2018 and $20.5 million in 2019, per Spotrac.

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Retirement an Option for Romo?

Sunday, Nov. 20

Rapoport reported that he was told retirement is a realistic option for Romo this offseason, despite Jason Witten saying Romo isn't planning to retire.

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Romo Still Among Top QBs When Healthy

Romo, 36, has spent the 2016 season on the sideline with a back injury, while Prescott has led the team to an 8-1 record and was named the team's starting quarterback going forward last Sunday.

Romo's injuries will be a concern for any team interested in him, though his performance on the field when he's healthy will make him an appealing target. While he played only four games in 2015, Romo threw for 3,705 yards and 34 touchdowns with just nine interceptions in 15 games in 2014.

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