The Denver Broncos were expecting to be able to negotiate with Tony Romo by now. But Jerry Jones and the Dallas Cowboys, sensing blood in the water following Houston's blockbuster Brock Osweiler trade to Cleveland, have yet to release Romo.
If Denver were to acquire the veteran Romo, they would look to deal 2016 starting quarterback Trevor Siemian. Too many cooks ruin the broth.
Although we reported this yesterday to our premium members, the New York Jets have spoken with the Broncos about Siemian's availability but Denver has dragged their feet sans Tony Romo. Sources tell us that Denver is interested in acquiring defensive end Sheldon Richardson from the Jets and have spit-balled a trade with New York that would include Siemian and a draft pick in exchange.
But until the Broncos have clarity on the Romo front, they're not going to deal their most experienced quarterback — who won eight games in his first year as a starter. Siemian did miss two starts due to injury and Denver questions his durability long-term.
Siemian is recovering from shoulder surgery on his left (non-throwing) shoulder. Although the team expects him to be ready by OTAs, he might not be able to fully move and throw until training camp in July.
As we march ahead into day two of NFL free agency, the Broncos will keep their phone lines open regarding Siemian. If they want to move him, they might have to make a decision before they have a resolution with Romo, because the Jets are reportedly interested in the recently released Jay Cutler.
If GM John Elway really wants Tony Romo, perhaps he should give up a mid-round pick to Dallas, which is what we've been told they're looking for in exchange. Romo's salary for 2017 is $14 million — less than what his value would be today on the open market as a free agent.
UPDATE: Reports by Scout.com's Cowboys Publisher Mike Fisher have Dallas looking to move up from pick 28 in the first round to pick 20 in exchange for Romo. The Broncos would move back eight spots, but still retain their first rounder. Those eight spots in draft order represent a third round pick value.
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Chad Jensen is the Publisher of Mile High Huddle. You can find him on Twitter @ChadNJensen.