CBS, Tony Romo undoubtedly negotiated a contract settlement

CBS, Tony Romo undoubtedly negotiated a contract settlement

nbcsports.com • • sports

Key Points:

  • CBS and Tony Romo have officially parted ways, with the separation framed as a "mutual agreement," though sources suggest CBS initiated the split.
  • Romo was owed $72 million over four years, and the settlement likely involved CBS paying him between $36 million and $48 million to end the contract early.
  • CBS opted to avoid litigation or arbitration, possibly due to the complexities of enforcing a morals clause after Romo's OWI arrest and no-contest plea.
  • The decision reflects CBS's dissatisfaction with Romo's performance and conduct, as he was already under scrutiny before the arrest incident.
  • While Romo receives a significant payout, he loses his high-profile role as the top NFL analyst on a major network, impacting his visibility and career status.

Trending Business

Trending Technology

Trending Health