Cowboys' Tony Romo: Back on the trading block

The Cowboys are seeking to trade Romo to either the Broncos or Texans, Chris Mortenson of ESPN reports.

Analysis:

There was a widespread belief that the Cowboys would release Romo at the start of the new league year Thursday, per Adam Schefter of ESPN. Having said that, Romo's contract is quite amenable for cap purposes, with a $14 million base salary in 2017 and team options of $19.5 million and $20.5 million for the next two campaigns. If the Cowboys are unable to work out a trade, the Broncos and Texans are the favorites to land the soon-to-be 37-year-old quarterback as a free agent.