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Tony Romo re-signs with CBS for $17 million per year

Tony Romo will not be leaving for Monday Night Football.

CBS sports analyst Tony Romo speaks during a keynote address by Intel Corp. CEO Brian Krzanich at CES 2018 at Park Theater at Monte Carlo Resort and Casino in Las Vegas on January 8, 2018 in Las Vegas, Nevada. Photo by Ethan Miller/Getty Images

Former NFL quarterback and current CBS analyst Tony Romo will be back with the network for the foreseeable future. Romo agreed to terms on a long-term deal that will pay him $17 million per year, according to New York Post media columnist Andrew Marchand.

Romo was a free agent following the 2019 season, but CBS had a right of first refusal, according to Pro Football Talk. There had been chatter ESPN wanted to scoop him up for Monday Night Football, but that is not happening.

During the course of his NFL career, Romo made at least $17 million in there separate seasons, according to Over The Cap. He earned at least that much in 2007, 2013, and 2015. Of course, the only salary cap CBS faces is whatever they deem they can fit in their annual budget. Given how popular Romo has been alongside Jim Nantz, that budget was never really going to be a concern.

It’s also notable because it suggests CBS will bid aggressively to retain their television contract with the NFL. Those deals are all up for renegotiation this year.