Terrell Owens To Sign With Allen Wranglers of the Indoor Football League

No NFL team has made moves to pick up free agent Terrell Owens. T.O. believes that he can bring value to a team heading into the playoffs. But now, it looks as if the team he could be helping is actually in the Indoor Football League.

I have no clue where this league exists but the money, between $250,000 and $500,000 plus an ownership stake in the team, sounds very real. In light of the recent revelations about Terrell’s money problems, can he really say no?

Check out the details:

Terrell Owens is close to signing with the Allen Wranglers of the Indoor Football League, Drew Pearson said Thursday. Pearson is the general manager of the Wranglers and a former Dallas Cowboys star receiver.

The team announced that they had formally offered Owens a contract for the 2012 season. The compensation package would be $250,000 up to $500,000, and include an ownership stake for T.O.

Pearson told KESN-FM that they have been working on the offer for quite some time. Though Owens initially wasn’t interested in the offer, Pearson says they’re 70% done and the deal is “close to being finalized.”

In theory, it showcases T.O. to NFL teams for next season (yes another year older) and also puts a nice amount of coin into his pockets. Of course, I am of the theory that the physical aspect of Terrell isn’t what the concern is for many NFL teams.

Terrell also recently took to Twitter to campaign for a spot with his first team, the 49’ers. They have an opening after the waiving of Braylon Edwards.

Donte Whitner and T.O. were teammates in Buffalo.

Which scenario is more likely to go through?