Many former athletes and current celebrities have ownership stakes in the league, including Marshawn Lynch, Richard Sherman, Dalvin Cook and Austin Ekeler. Owens signed contracts with the NFL that guaranteed him $30 million in salary and $80 million in performance incentives. The amount of the monthly payment depends on how long he lives and how much he earns during those years. He is widely regarded as one of the greatest wide receivers of all time, and was named to the Pro Bowl six times. When someone as respected and accomplished as Pearson is telling the media that T.O. Owens, a former football player who goes by the stage name T.O., is a former wide receiver in the National Football League (NFL) for 15 seasons. Owens earlier had posted on his Twitter page that he no longer was with the team. The league is expanding to eight teams this season, doubling its size from last year. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Players can start receiving their monthly checks as early as five months after they retire. Subscribe now to read the latest news in your city and across Canada. Despite earning around $80 million in his career, Owens lost almost everything he had. Former football wide receiver Terrell OwensNet Worth (2022)$2 Million.Profile. The former NFL wide receiver has made a name for himself both on and off the field, and his estimated net worth is reflective of his success. The industry leader for online information for tax, accounting and finance professionals. He started out with a net worth of $12 million and now it's down to $5 million. Former Dallas Cowboys wide receiver and Wranglers color commentator Drew Pearson recently spoke on ESPN Dallas 103.3 FM about Owens' chances of getting back into the NFL, stating: There is no question Terrell could still play in the NFL. See here for a complete list of exchanges and delays. His catch total is second all-time, while his yardage and touchdown totals are both third. If he dies before reaching retirement age, his family receives his share of the plan immediately. When it comes to money, the answer is no according to Terrell Owens. However, it is safe to say that Terrell likely earns a comfortable living given his many years of experience in the field. Our Standards: The Thomson Reuters Trust Principles. In 2005, he was traded to the Dallas Cowboys, with whom he played for three seasons. In case you missed the news. According to a Society of Actuaries review of NFL contractual data, the Denver Broncos great would get an annual pension of $107,040 based on his current 18 years of service. He was drafted by the San Francisco 49ers in the third round of the 1996 NFL Draft. Copyright - Thales Learning & Development | All Rights Reserved, Empowering Businesses with Innovative Technology Solutions, Advancements to Keep Your Business Evolving and Having Better Profit, Ensuring Workplace Safety with MEWP Training, The Cost of ID Theft for Small Businesses: Prevention is Key, Giving Money To Childrens Education: How To Set Up Accounts Make Donations And More. Despite Terrell Owens' age and being out for many years, the 49-year-old has hinted at coming out of retirement. Copyright 2023 Sporting News Holdings Limited. His base salary this season is $16 million with a cap number of $23.5 million. "I just don't like the notion that people see it, even in the National Football League, it's almost like, OK, you've reached a certain age at whatever point in time in your life and they feel like you can't play anymore or your skills decline to a degree. As a result, he was able to control the majority of the team. His pension is so large because he has more years of service than most other retired players. 2004-2023 CBS Interactive. Owens was a great receiver in his time, and it's sad to see a once great player fall this far, but T.O. Sanders exact net worth is unknown, but it is safe to say that he is a very wealthy man. During an NFL game in 2006, Owens spat in the face of DeAngelo Hall. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Per Frank Pingue of Reuters, Owens will make his return to the gridiron in the Fan Controlled Football league that debuted last year -- joining the Zappers with former first-round pick Johnny Manziel. He is the only player in NFL history to catch 1,000 balls, six Pro Bowls, and score a touchdown in seven consecutive Monday Night Football games. According to celebritynetworth, Terrell Owens Net Worth is $500 million as of 2022. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Owens was released by the Bengals in 2010, and he then signed with the Seattle Seahawks. The FCF is a 7-on-7 league that allows fans to make major decisions for their favorite teams including playcalling. Peruvian archaeologists unearthed a more than 1,000-year-old mummy on the outskirts of the modern capital on Monday, in the latest discovery dating back to pre-Inca times. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: nfl | pageType: stories | In addition, it assumes he will receive his full salary even if he ends up playing in less than half the games expected this season. Terrell Owens originally was famous for his many National Football League records and over-the-top touchdown celebrations. Agents and financial advisors often took advantage of these players, stopping short of giving them suitable advice for the future. 49ers legend Terrell Owens returning to pro football at 48-years old The next issue of Your Midday Sun will soon be in your inbox. In the leagues end-of-season tournament, the Zappers lost in the semifinals to eventual league champions Wild Aces. Terrell Owens reflected on his NFL career this week in an interview with CNBC, stating that "bad experiences" made him lose nearly all of his career earnings. The charismatic Owens is by far the most high-profile player to join Fan Controlled Football, a league that includes former college standout Johnny Manziel, whose much-hyped NFL career fizzled after two seasons. He can make an additional $7.5 million if he plays all 16 games this season. Owens holds or shares NFL records for catches, yards, and first downs while earning six Pro Bowl berths and five first-team All-Pro honors during a 17-year career.