The Dallas Cowboys’ all-time leader in passing yards and touchdowns will be moving on, as reports have come out saying that the team is set to release Tony Romo. The move will make the quarterback a free agent, and give him a chance to seek other opportunities with other teams.

Citing sources, ESPN reported that Dallas Cowboys owner and general manager Jerry Jones came to the decision to release Tony Romo after the two had a conversation Tuesday. According to the report, Jones told Romo that he waited for other teams to field offers for the aging quarterback before coming to the decision. As noted by ESPN, the move to make Romo a June 1 designation will save the Cowboys $14 million in cap space this year.

According to NBC Sports, the Denver Broncos and the Houston Texans have emerged as the leading candidates to land Tony Romo. As noted by the report, the Broncos are facing an organizational dilemma in the face of possibly signing Romo. The team is faced with the tough decision of trying to win now with the former Cowboys quarterback, or develop young talents Paxton Lynch and Trevor Siemian.

The Houston Texans, for their part, have been mum on anything Tony Romo related. As pointed out by NBC Sports, John McClain of the Houston Chronicle said last November that the Texans would not pursue Romo. Should that statement turn out to be false, Houston will need to move the second year of Brock Osweiler’s contract, which is set to pay him $16 million this year.

Last season, Tony Romo relinquished his starting role to Dak Prescott, and the move to release their leader of 14 years signals that the Dallas Cowboys have developed complete faith in the younger QB. According to ESPN, the Cowboys are visiting with veteran quarterback Josh McCown to look into the possibility of the veteran replacing Romo as their backup QB.

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