Tony Romo's demotion to backup quarterback behind Dak Prescott has dramatically increased the possibility that the veteran quarterback will be traded by the Dallas Cowboys this offseason.

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Romo Linked to Multiple Teams

Ian Rapoport of the NFL Network reported Sunday morning that when the Cowboys try to trade Romo in the offseason, "he'll have significant say" on his destination, with the Denver Broncos reportedly being a landing spot of interest for the veteran quarterback.

According to Jason La Canfora of CBSSports.com, a number of NFL executives expect a "robust trade market for Romo if he is shopped—which many believe he will be." Those executives have the Broncos and Arizona Cardinals as the leading contenders for Romo's services.

Rapoport also listed the Chicago BearsNew York Jets and Buffalo Bills as possible destinations.

"I think they could get at least a second-round pick for him, or a third that moves up to a second based on playing time. Without a doubt," an anonymous NFL decision-maker told La Canfora. "Minnesota gave up a first and a four to rent [Sam] Bradford for a few years. Even with the recent injuries, Dallas will get value for Romo."

Add in the fact that Romo may not want to finish his career as a backup, and it isn't hard to see how a trade could be beneficial for both player and team.

Romo Could Still Remain with Cowboys

That, however, doesn't guarantee Romo will be traded. La Canfora's sources also suggested it isn't out of the question that Romo could return to the team on a reworked contract, with the Cowboys able to afford Romo, given that Prescott is playing under a rookie deal.

Still, even with a new pact, Romo would be an expensive backup. He is owed $14 million in salary and a $5 million signing bonus in 2017, $19.5 million in 2018 and $20.5 million in 2019, per Spotrac.

Retirement an Option for Romo?

Rapoport reported that he was told retirement is a realistic option for Romo this offseason, despite Jason Witten saying Romo isn't planning to retire.

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Prince Malachi is the founder of The Oracle Network and the Streetwear brand Y.A.H. Apparel

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