Report: Cowboys $6 Million Over Cap After Franchising Spencer

Dallas placed the franchise tag on Anthony Spencer this week

One of the reasons the Dallas Cowboys want to work out an extension for quarterback Tony Romo is that they need to work under the salary cap--and a new deal for the franchise quarterback could help them accomplish this in the second and final year of a two-year cap hit imposed by the league.

But according to a source in contact with the Fort Worth Star-Telegram, the team doesn’t believe re-working Romo is totally necessary to get under the cap.

As it stands, the Cowboys are around $6 million over. They had maneuvered under the cap by restructuring a series of veteran contracts last week, but when they gave Anthony Spencer the franchise tag, they shot back above the league-set mark of $123 million.

According to the report, Dallas plans on getting back out of the red by continuing with what they were doing before the Spencer deal--Jay Ratliff, Mackenzy Bernadeau, Nate Livings and Orlando Scandrick have already agreed to have their deals restructured, and linebacker Dan Connor is likely to receive a new, more cap-friendly deal in the coming week.

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