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Friday, February 27, 2004

Owens Fails to Declare for Free Agency: San Francisco 49er's receiver Terrell Owens and his agent, David Joseph, failed to file the proper paperwork with the NFL league office, meaning that the receiver did not void the final three years of his contract and will not be an unrestricted free agent. Joseph, however, stated that the paperwork was filed and he believed the contract had been voided. He plans to file a grievance with the NFL Management Council.

What does this mean for the 49ers? On the one hand, they were probably welcoming the departure of Owens, who was seen around the league as a distraction and a self-centered player. On the other, there is a chance now that they could trade Owens, who now has three years left with the team, and get something for him in return.

What now for Owens? There is still a chance that the league could allow him to be a free agent, if it determines that the paperwork was merely filed incorrectly. In addition, he could have a malpractice suit against Joseph, his agent, if he is not allowed to test the free agent market because of a mistake Joseph made. The difference in annual salary between what Owens makes now and what he could have potentially earned is somewhere between $7-$10 million.


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