Dallas Cowboys quarterback Tony Romo will reportedly retire and join CBS Sports as the top NFL analyst alongside Jim Nantz, according to John Ourand of the Sports Business Daily and Adam Schefter of ESPN.
CBS is expected to formally announce the addition of Romo to its broadcasting team later Tuesday, per Schefter.
Ian Rapoport of NFL Network offered insight on Romo's decision:
And Ourand offered more information about Romo's decision to choose CBS over Fox:
CBS outbid Fox Sports for Romo’s services, sources said. Fox Sports wanted Romo to replace John Lynch as the game analyst on the net’s No. 2 broadcast team. Just a couple of weeks ago, Fox was considered the front-runner to land Romo, since it carries the NFC package that Romo knows so well. But a concern for Romo was that another former Cowboys QB, Troy Aikman, is the net’s top NFL game analyst, and he is not likely to leave the booth any time soon.
According to ESPN's Todd Archer and Schefter, the Cowboys will designate Romo as a post-June 1 release, which will put the team on the hook for his cap hit of $10.7 million this year and $8.9 million in 2018 rather than $24.7 million in 2017. So the team will essentially recuperate $14 million in cap space this year, though not until June 2.
The report noted "Romo's decision came down to his health" because the quarterback "believes his family and his health are paramount at this time in his life."
The 36-year-old has played in just five games over the past two seasons and lost his starting job last campaign to rookie Dak Prescott, who led the Cowboys to a 13-3 record and the top seed in the NFC playoffs. While Romo conceded the starting job in 2016, the quarterback was expected to land with an new organization either by trade or as a free agent.
After a lengthy saga, however, Romo chose to retire. He finished his career with 34,183 passing yards, 248 touchdowns and 117 interceptions in 156 games, playing in four Pro Bowls and leading the Cowboys to the postseason four times.