Romo is under contract in Big D through 2019, so he is likely to be traded for draft compensation if teams are interested in his services. But which organizations are willing to take a flier on the oft-injured veteran?
If the Chiefs were to trade for Romo, they would likely cut Smith, Rapoport reports, per sources informed of the situation. The roster move would cost the organization just $7 million in dead money, per Spotrac.
All this speculation about possible Romo landing spots would be moot of course if the veteran quarterback settles on retirement instead of moving locales. Rapoport reports that retirement is still something that Romo is weighing.
But if Romo is ready and willing to continue his career and is open to any of these trades, it will make for a fascinating marketplace. Romo is the most risk-reward veteran QB that we've seen on the market since Peyton Manning in 2012 and Brett Favre in 2008. Injury-prone but deadly efficient, he could make or break a contender's season.
Whether he would actually be an upgrade over the safe-and-sure Smith or the mobile Taylor will have to be taken into account as both organizations weigh a trade for Romo.
Let the sweepstakes begin.