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On the same day that the Dallas Cowboys learned that they are close to securing the services of cornerback Pacman Jones for 2008, they’ve reached an agreement on a three-year contract extension with receiver Terrell Owens.
Michael Smith of ESPN broke the story (it’s on the ESPN crawl, but not yet on the web site). We’re breaking the value of the contract; a league source tells us that the deal carries with it $27 million in new money.
[UPDATE: The ESPN story is right here. They beat us by two minutes. Newman!]
Owens, we’re told, will receive a signing bonus of nearly $13 million. In all, he’s under contract for four years, and he’ll earn $34 million.
The agreement has been reached verbally, and the deal is expected to be signed tomorrow. A press conference is planned for Tuesday as well.
June 2nd, 2008 at 9:40 pm
I wonder if they took how much he still owes The Eagles into consideration during the negotiations.
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Rating: 1 / 5 with 1 rating(s)
June 2nd, 2008 at 9:46 pm
Now that T.O. has an actual NFL multi-year contract and not the year by year contract that he had when he initially signed with Dallas, this gives him the wiggle room to return to the old T.O. who we know a loath.
I am taking bets now….I say he throws Romo under the bus by week 5.
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Rating: 2 / 5 with 4 rating(s)
June 2nd, 2008 at 9:56 pm
“wingnut says:
June 2nd, 2008 at 9:27 pm
TO’S 34… He does’nt have much time left.”
Yeah, his production has been declining left and right (sly glance upward at the post about TO scoring more TDs than any receiver in the last 2 seasons).
Usually, when stating a player doesn’t have much left, said player should’ve at least STARTED their decline.
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Rating: 5 / 5 with 3 rating(s)
June 2nd, 2008 at 9:57 pm
Great news for Cowboys fans! When TO hits the age wall in 1-2 years, they can be in the same position the Colts are in now with an overpriced declining former superstar getting paid top dollar for what he did in the past.
For every Jerry Rice who was productive until his forties, there are a dozen Tim Browns and Cris Carters (not to mention Isaac Bruce, Rod Smith, Eric Moulds, Joe Horn, etc.) who production drops like a stone around 35 or 36. Cowboys fans better hope to God that TO can fit into the Rice camp, but so far Rice is the only one who has.
A WR at age 34 and will 35 is a little old to give a three year extension with $12 million guaranteed. WRs hit the age wall hard and fast in most cases.
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Rating: 2.75 / 5 with 4 rating(s)
June 2nd, 2008 at 9:59 pm
@ MidnightGreenOmen555 says:
We have yet to see the structure of the deal. His initial contract with the Cowboys was 3 years as well, it just had hefty roster bonuses factored in each spring, essentially making it one year at a time.
The new deal could very well have the same format.
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Rating: 5 / 5 with 1 rating(s)
June 2nd, 2008 at 10:15 pm
Tony Homo and the boys will do what they’ve always done, shoot out the gate and flame out in the end, get ready for 19-0 this time world. Pats will rule for two years straight!
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Rating: 1 / 5 with 4 rating(s)
June 2nd, 2008 at 10:27 pm
Folk, JJ and TO both know he probably only has 2 years left. They signed him to four to spread out the cap hit, simple as that. I see him staying 3 years then retiring after a HOF career and, hopefully, an SB ring
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Rating: 5 / 5 with 2 rating(s)
June 2nd, 2008 at 10:39 pm
I’m tired of people saying that this man is crazy. He is a very sensitive person just like other celebrities in this world. (Shaq, Gary Sheffield, Chad Johnson and many others). Unfortunately, he let his emotions get the best of him and handle the situations with his former teams unprofessionally. However, he learned from his past transgressions and is handling the current situation very well. He has learned from his past situations that the way he handled his former situation was a PR nightmare especially when they don’t like him u because a person like him doesn’t kiss their ass. So finally, people on this blog please give him the benefit of a doubt because he earned it because the way he handle himself during his tenure in Dallas.
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Rating: 3.65 / 5 with 3 rating(s)
June 2nd, 2008 at 10:40 pm
Eagle fans can talk once they have a wide receiver as good as Terrell Owens. Oh wait…
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Rating: 5 / 5 with 3 rating(s)
June 2nd, 2008 at 10:41 pm
The Dox,
Look at the history of WRs in the mid 30s. They hit the age wall going 150 MPH. Guys like Carter, Brown, and Smith went from solid to elite starers to average at best in an offseason’s time. Carter went from 1274 yards and 9 TDs in 2000 to 871 yards and 6 TDs in 2001. Tim Brown had a “gradual” decline with 1165 yards and 9 TDs in 2001 to 930 yards and 2 TDs in 2002 to 567 yards and 2 TDs in 2003.
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Rating: 1.5 / 5 with 2 rating(s)
June 2nd, 2008 at 10:53 pm
I hope this is enough money for him to buy child safety caps on his pills
Just like old times Romo, the pitcher Owens the catcher
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Rating: 1 / 5 with 1 rating(s)
June 2nd, 2008 at 11:05 pm
As much as I hate to admit it, TO now has no reason to implode. He’s been paid. He’s got that last big paycheck to send off his career.
As for his decline, he’s spent his career keeping in the best shape of any player out there. If any old WR has 3 - 4 years left, it’s him.
If the Cowgirls are smart, they will not trade Roy Williams. So long as TO doesn’t have to worry about getting horse collared, he might stay healthy.
No one can say JJ doesn’t try. Sure would be funny though if they still don’t win a playoff game…
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Rating: 3.35 / 5 with 3 rating(s)
June 2nd, 2008 at 11:18 pm
I think Cowboys fans are sugarcoating TO’s tenure in Dallas a bit. His first year there, he was less than a model citizen. He was a thorn in Parcell’s and Bledsoe’s side for most of the season. Part of the reason Parcells retired was rumored to be because he didn’t want TO on the team and Jones wouldn’t let him cut him. TO was a model citizen last year, but things went well for most of the year and Romo was getting him the ball. We will see if he has truly turned over a new leaf if he isn’t getting the ball for a long stretch and things aren’t going well for the Cowboys during this upcoming season.
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Rating: 2.8 / 5 with 5 rating(s)
June 2nd, 2008 at 11:18 pm
roofdog: It’s sorry people like you that make the decent Pats fans like myself look bad. Shut up.
In terms of this move, I like it, as much as T.O. is up there in age he still has at the very least 2 years of top tier receiving in him, and on the third he can be cut if there’s a notice of his performance declining. I do see T.O. in the same category as Moss, and their contracts are very similar, so I think it’s fair. (The extremely overpaid receiver in this league is Javon Walker, unless he actually performs to Owens/Moss levels).
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Rating: 4.5 / 5 with 2 rating(s)
June 2nd, 2008 at 11:21 pm
leopold332002 you poor sad sap. Did you really re-post the same comment from a couple weeks ago? Are you really so in love with him that you have to repeatedly beg for people to think he’s sensitive and not crazy? Are you a stalker?
Or is this a joke? Are you just mocking him like the freak on You Tube crying over Brittany Spears?
Really…so sad. Get help.
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Rating: 1 / 5 with 1 rating(s)
June 2nd, 2008 at 11:22 pm
@ wingnut says:
“Vox thats because Dallas doesn’t have other recievers.”
There’s been plenty of other TD passes thrown to other guys since he signed with the Cowboys.
TO - 28
Witten - 8
Crayton - 11
Glenn - 6
Barber - 4
Curtis - 3
Fasano - 1
Hurd - 1
34 non-TO TD catches by my count.
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Rating: 5 / 5 with 4 rating(s)
June 2nd, 2008 at 11:34 pm
Great for TO bad news for dallas fans.
Now since the cowboys fans are overly arrogant even though they haven’t won a playoff game since god knows when. They don’t realize that Randy Moss got this type of deal at 31 not 35. TO is going to be 39 at the end of the deal. I have all faith in TO but what i don’t like is that jerry jones is giving in to him because he thinks he’ll become a problem. When was the last time this guy played 16 games, yes he shows up when needed but he has been having injury problems. your number 2 is terry glenn who is no where close to his former form. Patrick Crayton basically lost the divisional game for them. Its not the worst concept to sign everytime he might become a problem but hes not getting any younger and hes the best receiver you got. Maybe you should try investing in other people.
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Rating: 2 / 5 with 1 rating(s)
June 3rd, 2008 at 12:56 am
So all the actions of TO in Philly sure hurt his earning ability, didn’t it!
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June 3rd, 2008 at 1:23 am
@Robo769:
I am well aware of the history of receivers in their mid-30s. But Mud Hens is absolutely correct: “As for his decline, he’s spent his career keeping in the best shape of any player out there. ”
The guy sleeps in a hyperbaric chamber. He has no injury history to speak of, besides getting Roy-collared into a broken leg.
Wait, no, horse-collared. My bad.
Not to borrow too much from Mud Hens’ post, but he said it quite well. If any of the current older receivers in the league is gonna last (productively) until 40 or close to it, that player will absolutely be TO.
Definitely not Harrison. Definitely not Holt nor Bruce. THOSE guys are declining. TO is still going strong.
(and just as a disclaimer, I am not a Cowboys’ fan, a Patriots fan, nor a Terrell Owens fan, or anything else cliche that you haters can respond with “stupid fans.” Go Falcons!)
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June 3rd, 2008 at 1:38 am
3efin..
jesus, haven’t you ever heard of citing sources? Please shut up and quit posting. As to the point florio made that ESPN broke the story two minutes earlier.. he was making a joke.
A lot of people that post on here need to think before they do so, then cut off both of their hands.
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June 3rd, 2008 at 5:43 am
thats a shame I was looking forward to the impending blow up once Dallas is 5-5 and TO is looking for money. Now Dallas will be 5-5 and TO will be happy as a pig is shit because he has his money
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June 3rd, 2008 at 6:12 am
Well, thats all nice. But its still 4175 days since the girls won a playoff game. And yes, that includes 2 years with T.O.
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June 3rd, 2008 at 6:32 am
i love this blog
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June 3rd, 2008 at 7:29 am
a mulitgazillion dollar team with high priced hoods an a$$hole for an owner, a 10-6 record and another flameout in the playoffs……
PRICELESS
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June 3rd, 2008 at 7:31 am
Ah, good times. Jerry Jones is the man. What makes this sweeter is that it really, really annoys Eagles fans.
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