Terrell Owens is close to agreeing to a mid-six-figure contract to play with the Allen Wranglers of the Indoor Football League in suburban Dallas. The deal would also include an ownership stake of "likely 50 percent" for Owens, Wranglers owner Jon Frankel said. "We're very close," general manager Drew Pearson said. "Jon Frankel, our owner, has been working on this for quite some time now. When he started, he felt there was maybe about a zero percent chance he could get it done, but through his persistent efforts and really wanting to make this happen, he has been able to make contact with their people. Now it's in a stage where he thinks it's at the point where it's about 70 percent done and close to being finalized, so we'll see how it shakes out from this point."
Owner: IFL Team 'Close' To Deal With Owens