Tony Romo Net Worth

Overview

Antonio Ramiro ‘Tony’ Romo is a retired American football quarterback who played for the Dallas Cowboys for 14 seasons (2003-2016). He went undrafted in 2003 and signed with the Cowboys, where he initially served as a backup before becoming the starting quarterback in 2006. During his NFL career, Romo achieved notable success, leading the Cowboys to four playoff appearances and becoming the franchise’s all-time leader in passing yards and touchdowns. He also earned four Pro Bowl selections. Since retiring from professional football, Romo has transitioned into a successful broadcasting career, joining CBS Sports as a lead color analyst. He quickly gained recognition for his insightful commentary and engaging on-air presence, becoming one of the highest-paid and most prominent analysts in the industry. Romo was born in San Diego, California, and grew up in Burlington, Wisconsin. He is married to Candice Crawford and has three children.

CBS Sports

Lead Color Analyst

What Is Tony Romo’s Net Worth?

Tony Romo, the retired American football quarterback and current CBS sports analyst, has accumulated a substantial net worth estimated at $80 million. This figure reflects his earnings from a 14-season NFL career with the Dallas Cowboys, followed by a lucrative transition into sports broadcasting. His financial success stems from a combination of NFL salaries, endorsement deals, and a high-profile broadcasting contract.

Tony Romo’s NFL Earnings and Career Highlights

Romo’s journey to financial success in the NFL began as an undrafted free agent in 2003. He signed with the Dallas Cowboys, receiving a modest $10,000 as a free agent. Over his 14-year career, Romo earned a total of $130 million in NFL salary. This makes him the highest-paid undrafted player in NFL history, exceeding the earnings of any other undrafted free agent by $40 million. Romo’s NFL career was highlighted by several key milestones. In 2006, he became the Cowboys’ starting quarterback, leading the team to four playoff appearances. He holds the franchise record for passing yards (34,183) and touchdowns (248). Romo was selected for the Pro Bowl four times (2006, 2007, 2009, 2014). In 2007, Romo signed a $67.5 million contract extension. In 2013, he signed a 6-year contract extension with the Cowboys worth $108 million. Despite his individual achievements, the Cowboys only won two playoff games with Romo as quarterback.

Tony Romo’s Broadcasting Career and Salary

After retiring from the NFL in 2017, Tony Romo transitioned into broadcasting with CBS Sports. Initially, his annual salary was reported to be $4 million per year. However, in February 2020, Romo signed a new $180 million contract with CBS, securing his position as their lead NFL analyst. This contract spans 10 years and provides him with an annual salary of $17 million, making him one of the highest-paid sports broadcasters in the industry. The 2020 CBS deal made him one of the highest-paid broadcasters in TV sports history. Before signing the $17 million a year contract with CBS, it was rumored in January 2020, that Tony Romo might switch to ESPN in a deal with an annual salary of $14-15 million.

Tony Romo’s Early Life and Background

Antonio Ramiro Romo was born on April 21, 1980, in San Diego, California. His father was stationed at the Naval Base there. The family subsequently moved to Burlington, Wisconsin, where his father worked as a carpenter and construction worker. Romo attended Eastern Illinois University and played for the NCAA Division I-AA Panthers. He led the league for passing efficiency, earning honors such as OVC Player of the Year and All-America honors.

Tony Romo’s Endorsement Deals

In addition to his NFL salary and broadcasting income, Tony Romo has earned tens of millions of dollars from endorsement deals. One notable example is his 5-year, $10 million deal with the brand Starter, signed in 2008. The specific details of other endorsement deals are not publicly available.

Tony Romo’s Real Estate Investments

In 2008, Tony Romo purchased a home in Valley Ranch, Irving, Texas, for $699,000. He sold the 5,551-square-foot home in 2016 for $1.05 million, realizing a profit on the investment. Romo’s primary residence is a custom-built 30,000-square-foot mansion in the exclusive Dallas neighborhood of Glen Abbey. The specific cost of construction is not publicly available.