Terrell Owens -- once considered a lock for the NFL Hall of Fame -- has been released from the Allen Wranglers of the Indoor Football League ... and his infamous prima donna ways are to blame.
Team president Tommy Benizio tells TMZ the decision was "performance based" -- but says the final straw was T.O. skipping a recent team visit to a children's hospital in Allen, TX.
This was T.O.'s first season with the Wranglers ... and when he announced the move to the IFL in January it was considered a huge fall from grace for a former NFL superstar.
T.O. put up 10 touchdowns in 8 games for the Wranglers, and had hoped his performance would get him back into the NFL. T.O.'s been trying to impress teams for years ... back in 2010, he flaunted his athleticism for a TMZ camera guy.
By the way, Benizio says T.O.'s also been cut from the Wranglers' ownership group.
No light at the end of the tunnel for Terrell Owens -- TMZ has learned, the former NFL star allegedly owes over a million bucks on a fancy Miami beach condo ... and now, the bank wants to foreclose on it.
It's one of the last homes Terrell still owns after being forced to sell off several others -- most recently in Dallas -- but Deutsche National Bank sued him in April, claiming he still owes $1.47 million on the property ... and hasn't made a payment in 6 months.
According to mortgage docs attached to the lawsuit, Terrell originally took out a loan worth $1.55 million in 2006 ... and had faithfully been making monthly payments of $5,126 ... that is, until last November.
Terrell has responded to the lawsuit, claiming the bank "lacks standing" to foreclose on the property -- and he refuses to admit there's an outstanding balance problem.
Junior Seau is the latest of several former NFL players to commit suicide -- and all the deaths might be linked ... through brain-related injuries sustained during the players' football careers.
Most recently, 62-year-old former Atlanta Falcons player Ray Easterling (center) shot himself last month in his Virginia home. His wife claims the former safety developed symptoms of dementia after his football career.
Easterling filed a federal lawsuit in Philly against the NFL in 2011 over its handling of concussion-related football injuries -- claiming the league intentionally concealed links between the injuries and the game.
Dozens and dozens of similar concussion-related lawsuits have also been filed against the NFL -- but the league insists the allegations are without merit.
50-year-old former Chicago Bears player Dave Duerson (right) was found dead in his Florida home last year from a self-inflicted gunshot wound to the chest.
Before his death, he texted his family asking for his brain to be used for research (hence why he shot himself in the chest). Months later, researcher neurologists at Boston University confirmed Duerson had suffered from a neurodegenerative disease linked to concussions.
It's possible Junior Seau shot himself in the chest for the same reason.
Terrell Owens had TWO near-death encounters involving pills -- most recently on October 6th, when his assistant called 911 claiming the NFL star had OD'd. T.O. nearly died back in 2006 too, after downing 36 Vicodins.
As we reported, Junior Seau drove his truck off a California cliff back in 2010 following a domestic violence arrest. It's unclear if it was a suicide attempt.
Terrell Owens just scored the biggest deal of his career since he signed with the 49ers -- successfully lowering his exorbitantly expensive monthly child support payments to FOUR different baby mamas.
Sources close to T.O. tell TMZ, the former NFL star was able to convince the judges in each of his child support cases to "drastically decrease the amount he was paying."
T.O. had originally been ordered to pay between $5,000 and $20,000 per child per month -- and with no new football contract, he was seriously struggling to make ends meet.
But now, we're told the new payment plans -- the details of which are sealed -- are way more affordable ... and "accurately reflect the amount of money [Terrell] is making."
It gets even better -- we're told T.O. was also able to establish visitation in some cases, something he had never asked for before.
Sources tell us, Terrell "is in a good place and this was the best way to start off the new year."
The NFL ... NBA ... and the UFC all collided in L.A. today ... when 4 major sports stars were involved in 4 separate paternity hearings ... at the same exact courthouse!!!
Terrell Owens ... along with MMA legend Chuck Liddell and Jacksonville Jaguars star Marcedes Lewis were all hanging out in the hallway on the 8th floor of the L.A. County Superior Courthouse ... each waiting to deal with their individual baby mama drama.
Washington Wizards star Roger Mason also has a paternity hearing today ... but so far, he's a no-show.
Terrell Owens was just told his NFL career is in the toilet, with little prospect for a turnaround -- and he got the word from a judge handling his paternity cases.
T.O. was in L.A. County Superior Court this AM, asking Judge Marc Marmaro to reduce his child support payments in 2 of his 4 ongoing paternity cases, because he's just not pulling in the bucks.
T.O.'s lawyer made it clear -- his client is a man without a team and therefore a man without a paycheck. The judge went one step further, telling T.O. his prospects for a comeback are bleak.
Judge Marmaro said, "His NFL career seems to be over. I mean no disrespect." T.O. nodded his head in acknowledgment.
And get this ... the judge apparently felt sorry for the beleaguered parent, offering him a ray of hope by noting that Kurt Warner went from an Arena League player to a Super Bowl champ. There's a buzz that T.O. may get picked up by an Arena team.
As for reducing his child support ... the judge wants to noodle on it before making a decision.
Another real estate debacle for Terrell Owens -- who just struck a deal to sell his pimped out Dallas condo for $350,000 LESS than he bought it for ... TMZ has learned.
Here's the deal -- Owens paid $1.95 for his 3,559-square foot Dallas condo back in 2008, when he was still with the 'Boys ... and pumped an additional $100k into the place for various upgrades.
But that was back when Owens had money ...
Now, in the wake of his financial issues, Owens was forced to sell the place ... but thanks to that pesky real estate bubble, it's worth SIGNIFICANTLY less now.
So, Owens got his bank to accept a short sale on the pad ... in which the bank agreed to take less money than what's owed on the loan ... and thereby avoided the pain in the ass foreclosure process.
TMZ has learned ... some wealthy opportunist bought the place last month for $1.6 mil.
As we previously reported, T.O. took a $56,000 loss on another property last month ... and he still has no job in the NFL.
Terrell Owens turns 38 today ... and he's getting wiser with age ... because instead of dropping a fortune on a birthday blowout ... the financially strapped football star has decided to celebrate on the cheap.
For years, T.O. would spend thousands of dollars to honor his special day with high-end bashes all over the country.
But now that he's low on green ... Owens has decided to do the responsible thing ... and have a low-key birthday dinner with his GF and some close friends.
Owens has been telling friends he feels "humbled" by his recent financial troubles ... insisting he's "more grateful for those that love him and have stayed in his corner."
As for his future in the NFL ... we're told T.O. is still confident he'll be back in the league by the end of the year.
Terrell Owens has the second most TD receptions in NFL history ... but he's not too big to practice on a crappy field in Studio City, CA -- with a QB who can hardly throw (no, not Donovan McNabb).
T.O.'s still staying in shape because there are rumblings he might join a team -- possibly the Patriots -- for the playoff run.
Watch the video ... dude still looks pretty sharp. Other highlights: people walking dogs in the background, really bad passes, and T.O. chatting up a pretty girl.
T.O. filed legal docs in one of his child support cases, claiming he doesn't have nearly enough jack to pay his baby mama's attorney's fees, but in making his argument he revealed he's making a bloody fortune by tweeting.
According to legal docs, obtained by TMZ, Mr. O says he makes between $2,800 - $6,400 per tweet. In one instance, he pulled in $2,800 to tweet for Cutters -- a football glove company. He raked in $4,800 for tweeting on behalf of Old Navy. And he got $6,400 for tweeting about Fantapper -- a sports social networking site.
T.O. also discloses he's earned residual money for an episode of "Punk'd" and for his appearances on "Any Given Sunday" and "Necessary Roughness."
And get this ... T.O. scored $10 grand for promoting Yahoo Fantasy Football and $20 grand for promoting a Super Bowl party.
So why is T.O. trying to get out from under paying his baby mama's attorney's fees? It's because he spends like a mutha. His average monthly expenses are $82,178.30, plus $44,602 in child support.
T.O. says he has no new sources of income and is basically broke.
Terrell Owens is no longer a wanted man ... because he's anted up on his back child support payment ... TMZ has learned.
As we first reported, a California judge issued an arrest warrant last week after T.O. was a no-show at a child support hearing. T.O. -- who was behind child support -- had been trying to reduce his payments, claiming he just doesn't make the big bucks anymore.
The lawyer for Monique Reynolds, the baby's mother, tells TMZ, "Terrell Owens has today paid his child support obligation to Monique Reynolds, and Ms. Reynolds has requested that the Court dismiss her contempt motion and recall the associated warrant that was issued."
We're told the arrest warrant will be recalled today. As for reducing T.O.'s child support payments, that hearing is pending.
Before Justin Bieber went toe-to-toe with a photographer -- sparking a police investigation -- he trained with "Iron" Mike Tyson! Wondering how they ended up together? Well, we got Tyson on the phone ... and you won't believe his excuse for kicking it with Biebs. Plus,…