News Flash: Reports out of Dallas indicate the Cowboys have come to agreement with troubled wide receiver, Terrell Owens. While the individuals involved have yet to comment, an announcement is expected in the next couple of days.

Teddy’s Take: Well, it’s official. Bill Parcells has completely lost his mind! In the spirit of full disclosure, let me first say I’ve been a Cowboys fan since I was a kid and I’ve been a huge Parcells fan since he transformed the Patriots from a national joke into a legitimate NFL franchise. That’s why I’m totally disgusted with this development.

Maybe it’s the spirit of March “Madness� or maybe The Tuna just can’t handle the fact his former protégé, Bill Belichick, is now regarded as a better coach, but this move makes absolutely no sense. Parcells is the ultimate “team first� coach while T.O. is the ultimate “me first� player.

I mean, think about it. Any contract is going to be loaded with incentives and behavior clauses. So what does Parcells think will happen the first time (of what is sure to be dozens) that Drew Bledsoe fails to spot a wide open T.O. and throws to someone else. Does he really expect Owens to say “great, we got a first down. I don’t care if that one less reception costs me a quarter of a million� or will he pull a Private Pyle from the movie Full Metal Jacket?

It’s just not worth it. Parcells would be wiser to hand over an extra half a mill to Adam Vinatieri, a stand-up guy who can win a game or two with his foot rather than a selfish jerk who can cost his team the season with his tongue!

What do you think? Would you want Owens on your team? Do you think Bill Belichick even gave it a second thought? What’s the over/under date on T.O.’s first explosion?