Terrell Owens had surgery to replace his torn ACL and at age 37 his football career is over. If T.O. were a likable guy that team mates rallied around and quarterbacks respected I think some organization would give him one more chance, but given his track record of burning bridges and causing drama the outlook is bleak.
Over the years Terrell Owens has become an acquired taste few teams have the palate to stomach. After his debacle in Dallas he played a lack luster season in Buffalo followed by a season in Cincinnati that did more for his reality show than the Bengal passing offense. In short T.O.'s production has fallen off dramatically and teams are unwilling to put up with the circus that surrounds him.
If you go by the numbers Terrell Owens is the greatest receiver not named Jerry Rice. He is in the top 3 in almost every statistical category despite playing for 5 teams and routinely throwing star quarterbacks under the bus. He is a first ballot hall of famer and the quintessential #1 "diva" receiver. That being said teams won't touch him with a 10 foot pole.
Football players age in dog years and although Terrell Owens is a physical freak the body just doesn't bounce back at his age. There is too much risk and very little reward associated with T.O. at this point in his career so it's time for him to gracefully bow out of the NFL. Fortunately for Terrell he's become a personality and whether you love him or hate him he's a popular figure with a promising future. Just not in football. Maybe Evelyn Lozada can hook him up with one of her homegirls and double date with Ocho Cinco. You'd watch wouldn't you?