Owens will become a free agent on March 5.
In addition to Owens, Ryan Denny and Josh Reed have also been informed that they will not be part of the Bills rebuilding process.
“We wanted to inform all three players ahead of the start of the free agency period so they could begin making their plans,” said Bills GM Buddy Nix.
Owens was signed last year to ignite Buffalo’s below par offence. However poor quarterback play and one of the worst offensive lines in the league, didn’t allow the passing game to flourish as many fans would have hoped.
Although Owens didn’t put up numbers like he has done in previous years, there is no doubt that he was Buffalo's go to guy recording; 55 receptions, 829 yards, and 6 touchdowns.
Owens did record his 1,000th catch in week 16 at the Atlanta Falcons, becoming only the sixth player in NFL history to reach the milestone. By the end of the season T.O. also had risen to thirdoverall in total receiving yards racking up14, 951.
Buffalo select ninth overall in the draft and have plenty of holes to fill. With the shock recent retirement of RT Butler, Buffalo's offensive line is a major issue entering next season.
Oklahoma State WR Dez Bryant could well be a possible selection for the Bills and with the release of Owens maybe they have Bryant in their sights.
Speculation already surrounds Terrell Owens at where he may land next season.
Obvious choices are Baltimore, to provide Joe Flacco with a deep threat option, Cincinnati to partner up with Chad Ochocinco, or any other struggling franchise that needs a playmaker to get fans in the stands.
Get your popcorn ready.