No, not for the Cowboys, but for the Allen Wranglers.
The Indoor Football League team extended a formal, six-figure contract offer to Owens a month ago. Talks between Wranglers owner Jon Frankel, Owens and his agent, Drew Rosenhaus, have increased recently, Frankel said. The Wranglers' website announced that the offer to Owens includes a compensation package of $250,000 up to $500,000.
http://cowboysblog.dallasnews.com/archives/2011/12/wr-terrell-owens-closer-to-pla.html