Citing "two sources," ESPN's Michael Smith reports that the Cowboys have released Terrell Owens.
If so, they're getting the move out of the way early. Owens' $3.1M roster bonus wasn't due until June. The move results in a small cap hit, but saves Jerry Jones $5.77 million in cash. Owens still has a lot left -- he averaged 18.9 yards per catch and scored five touchdowns in the Cowboys' last eight games. He'll likely draw interest from the Raiders. Teams needy at receiver but not expected to pursue him include Chicago, Philadelphia, and Miami.