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CaptainHook

T.O. wants a new deal?

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Ahh, it seems so long ago some predicted that T.O. would be a cancer on the Eagles team. Then Owens came out and behaved like a model citizen. But we all knew it was coming:

 

Add Philadelphia Eagles wide receiver Terrell Owens to the burgeoning list of NFL stars who have retained agent Drew Rosenhaus to do their bidding.

 

And make him the latest veteran who, apparently, hopes that his new representation will upgrade a contract that already ranks among the league's most lucrative.

 

League sources on Tuesday confirmed that Owens has hired Rosenhaus, after being represented by Robert David Joseph for the first nine years of his career. Rosenhaus plans to meet with Eagles officials, perhaps as early as Wednesday, to discuss the contract of his newest client, the sources added.

 

Eagles president Joe Banner, arguably the NFL's top salary-cap manager, did not return a message seeking comment.

 

Owens is only one season into the seven-year, $48.97 million contract he signed with the Eagles last March after being acquired from the San Francisco 49ers. The three-team trade occurred after an arbitrator voided a deal that would have sent Owens to the Baltimore Ravens. The contract included a $10.3 million signing bonus. Owens is to earn a base salary of $3.25 million for 2005.

 

The seven-year contract includes $21.5 million in total base salary and large salary-cap charges during the final three years of the deal, so it is doubtful Owens would have played out the deal. Whether Eagles management is amenable to revisiting the contract after just one season remains to be seen.

 

Owens, 31, added a big-play dimension to the Eagles' passing game last season. He had 77 receptions for 1,200 yards and 14 touchdowns in his first 14 games, before suffering a broken right ankle. He returned after only 6 ½ weeks of rehabilitation to play in Super Bowl XXXIX, catching nine passes for 122 yards.

 

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One year in huh. What a slow. He had a great year, but he's getting paid like a great player as it is. Here's to hoping they don't give him another dime.

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This really sucks. I know the NFL is the only league without guaranteed contracts, but this stuff is garbage.

 

Let him hold out then, the leech. :D

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As much as i like his play, He signed the deal and he needs to stick to it. If not oh well!

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What a crappy thing to do to his team, right after they gave him a signing bonus of $10M. Problem is, Eagles won't be heading back to the SB without him. Bad spot.

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This is friggin' ridiculous. Why would he sign a sweet seven year deal & then sign with a new agent? I would assume that the original agent is entitled to his commission for most, if not all, of the seven year deal.

 

Rosenhaus is pretty notorious in his dealings & this is the kind of crap that tears teams apart.

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Don't worry, the "TO is a class act" talks will rise up again during the season.

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If they do renegotiate the contract with an even larger signing bonus, etc... This is where I come out with the stupid question...

 

What happens to the orginal signing bonus in regards to cap space and does TO have to pay back a prorated portion of the original signing bonus he received last year?

 

I will say it is stories like this that make me wish every pro sports athlete received a salary similar to how golfers make their money. All 1-year deals based on last years performance. At least the NFL has non-guaranteed contracts, unlike baseball where you can almost guaranty a career year during their "free agent" year.

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The seven-year contract includes $21.5 million in total base salary and large salary-cap charges during the final three years of the deal, so it is doubtful Owens would have played out the deal.

 

He is not going to see the majority of the money until the final three years. But he signed the contract. He probably won't be with the team after 2007.

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I am usually fine with players wanting to renegotiate their contracts since they are not guaranteed. But that is for situations where a guy signs a small contract and then starts playing at a higher level. T.O. signed a big contract and now he wants even more. Yes, he had a great year but that was somewhat expected. Also, he did end the season with an injury too. IMO this is more the agent then T.O. but that is only my opinion. From what I hear the last time Rosenhaus tried this (Hugh Douglas), Reid ripped him apart. And looked what happened to Hugh, he went to a team where he didn't want to be and wound up back in Philly anyway.

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If they just want to move $$ around to the front end, OK. Who knows what Jerry Mcguire wants to do? That is the big question.

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Phil Sheridan | Owens is on the verge of wasting good will

 

By Phil Sheridan, Inquirer Columnist

 

Terrell Owens loves proving people wrong. Maybe that explains it.

 

 

After the last year, it would be hard to imagine Eagles fans feeling anything but unconditional love for Owens. This is, remember, the man who fought the NFL to get here, who played brilliantly in his first regular season, then topped that with a dramatic return to form in the Super Bowl.

 

 

There was not a single negative thing to say about the guy. Ah, but that's a challenge, and we know how T.O. feels about a challenge.

 

 

If Owens wanted to prove that assessment wrong, his best chance was to fire the agent he called a "true" friend, hire one of the game's real sharks, create friction, hold out of camps, and turn himself into the sort of distraction that could damage the Eagles' chances of returning to the Super Bowl.

 

 

Owens checked three of those five items off his to-do list. Out went David Joseph, the man Owens stood by during last winter's crisis. In is Drew Rosenhaus, who is on a quest to represent every significant NFL player. On his first day on the job, Rosenhaus flew to Philadelphia to meet with Eagles president Joe Banner.

 

 

It remains to be seen whether Owens will complete the cycle by boycotting minicamps or holding out of training camp. That's what it would take to have a serious effect on the team's 2005 season.

 

 

Look, this isn't one of those naïve screeds about the sanctity of contracts. In the NFL, especially, a contract is only binding until the team decides to release the player. So there's nothing wrong with players trying to make the most money they can during their all-too-short careers.

 

 

But there's a right way and a wrong way to go about this. This is the wrong way. What makes it mystifying is that Owens, who had erased whatever stains were left on his reputation from his days with San Francisco, would be willing to risk all that good will with such an obviously doomed money grab.

 

 

Did he have a great 2004? He sure did. But he received about $10 million in bonus money and salary last year. For that kind of green, Owens signed on to have a great 2004, 2005 and 2006. After that, maybe, it's time to talk about a contract extension.

 

 

No one does a big contract and then tears it up one year later. No one.

 

 

So what happened? Well, here's a theory. Rosenhaus is on a spree, signing up everyone from Edgerrin James to Plaxico Burress to Chad Johnson. As long as he doesn't break any of the rules the NFL Players Association sets for accredited agents, Rosenhaus is entitled to grow his business as much as possible.

 

 

To recruit Owens, he had to make a pitch along these lines:

 

 

You should have been on the open market last year, where you would have gotten more money. Because of your agent, you wound up getting traded and settling for less than your full value. Meanwhile, I got Jevon Kearse a better deal from the Eagles. He made more than you did, even though you're much more valuable. The only thing he had that you didn't was a great agent.

 

 

It's Rosenhaus' job to make that pitch, first to Owens and then to the Eagles. The disappointing thing is that Owens fell for it.

 

 

Kearse got a $16 million signing bonus, but he also has lower salaries over the first few years. Owens, meanwhile, is scheduled to get a $5 million roster bonus next year. So, over the first three years of the deal, Owens is scheduled to make only slightly less than Kearse.

 

 

After three years, because of age and health and the salary cap, it's all smoke and mirrors. Kearse's deal includes a $10.24 million salary for 2011, an agent's trick to make the contract look bigger in media reports. Kearse is more likely to win the lottery than get that money.

 

 

So Rosenhaus got Kearse a little more. That's not a shock, given the market value of pass rushers and the very real questions about Owens' past behavior. Remember, only Baltimore was competing with the Eagles to trade for Owens, so it is no sure thing that Owens would have done significantly better on the open market.

 

 

As it was, he became one of the three highest-paid wide receivers in the NFL. Is it possible Rosenhaus could have gotten him a bit more? Yes, it's possible.

 

 

But that was an issue for 2004. Owens could have changed agents when the whole world believed Joseph had messed up his only client's paperwork, costing him his free agency. He could have hired Rosenhaus last year. He didn't. He stuck with his "true" friend, because Owens loves to prove people wrong.

 

 

A year ago, he was thrilled to be with the Eagles because Donovan McNabb would bring out his best and because the team had a chance to go to the Super Bowl.

 

 

Both of those things happened. Owens became as beloved in Philadelphia as he was reviled at the end in San Francisco. Now he's willing to risk that status, even though there's no chance the Eagles will give him a new contract.

 

 

It makes you scratch your head, which is exactly what Owens wants people doing.

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Everybody really needs to settle down about this issue. Seriously. Nobody knows the ins and outs of T.O.'s first contract, no one knows the REAL reasons T.O. fired David Joseph, and no one knows what Rosenhaus is talking about with Eagles management.

 

You guys ever heard the one about "assumptions"?

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Yeah. I'm sure Rosenhaus just wants to sit down with Eagels officials to say, "hey". :D

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:D All good things must come to an end. See the 7-9 1994 Bills. :D:D:D

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F Rosenhaus. He has Sean Taylor and Santana Moss missing Redskins minis right now as leverage in contract negotiations. Taylor signed last year as a rookie!

 

I hope Gibbs kicks that biitch in the ass.

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Supply and demand. If TO wants to play for any team that pays up, then he better not start eliminating teams that he'll play for. Is there a big demand for idiots?

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Supply and demand.  If TO wants to play for any team that pays up, then he better not start eliminating teams that he'll play for.  Is there a big demand for idiots?

 

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The Eagles have him signed for I believe 6 more years. If he wants to sit I hope they let him sit for 6 years. He is the second highest paid WR in the game I believe. What a joke. It is a shame he is such a great player too.

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eagles need TO, TO needs the eagles.... I don't see him sitting out, something will get worked out. He finally showed his true colors, though. He played in the Superbowl on his own accord and even though he showed he is a true warrior, but how much more greedy can you get? sheesh! Stick to your contract TO! (or u never should have signed it in the first place if it wasn't good enough).

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This is friggin' ridiculous. Why would he sign a sweet seven year deal & then sign with a new agent? I would assume that the original agent is entitled to his commission for most, if not all, of the seven year deal.

 

Rosenhaus is pretty notorious in his dealings & this is the kind of crap that tears teams apart.

 

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Way to tarnish your reputation, T.O. HOF voters will certainly take this crap into account when you become eligible.

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TO made 9 mill, last year, due to make 3.25 this year, another 9.25 mil next. The 7 year deal is about 49 mill. Average out to 7 million per year.

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