T.O. Gets New Contract

Terrell Owens has signed a contract extension with the Dallas Cowboys.

Without the controversy that led to his departure from Philadelphia, Terrell Owens quietly received a new contract with the Dallas Cowboys on Monday, team sources told ESPN’s Michael Smith.

The wide receiver was slated to earn $7 million this season in the last year of his contract, but he now receives a four-year, $34 million deal. Owens is slated to earn $27 million over the next three seasons, making him — along with Randy Moss, Javon Walker and Larry Fitzgerald — one of the highest paid wide receivers in the league.

Owens will receive $12.9 million to sign and $100,000 of his $830,000 2008 base salary guaranteed, for a total of $13 million guaranteed. He is now under contract through 2011.

In 2004, Owens was heading into the second year of a seven-year, $48.97 million contract with the Eagles when he began squawking about a new deal. He showed up for training camp wearing camouflage, signifying he was at war with the organization, and wound up getting sent home, leading to the bizarre scene of him giving interviews while doing sit-ups in his driveway. The saga dragged on for months, ending with a suspension, then his release.

He signed a three-year, $25 million contract with Dallas in March 2005 and has certainly lived up to it, leading the team in receiving both years while piling up club records. His 28 touchdown catches over the last two seasons are more than any other receiver, and that includes Moss, who set the league record for TDs in a single-season last year.

Credit: ESPN.com