The Cowboys are expected to release Romo on Thursday, Adam Schefter of ESPN.com reports.

EDGE Analysis

The Cowboys would ideally prefer to receive compensation of some form for their long-time quarterback, but Romo's age (37 in April) and voluminous medical chart likely hindered the quest for an acceptable deal. With a number of QB-needy teams ready to open their coffers, he shouldn't have much difficulty landing a starting gig elsewhere. His success next season will be tied to the new weapons around him, but for a player with just five appearances over the last two years, there's no telling how the next chapter of his career will proceed.