Terrell Owens has a personal mission to keep redefining rock bottom.

First, we thought he’d crashed on a shore of jagged rocks when he appeared on Dr. Phil and attempted to defend his negligence in front of his baby mammas. But no, he wasn’t done yet, because then while still searching for employment in the NFL (a search that quite sadly still continues) T.O. decided that playing football for a team and a league that no one had ever heard of would be a good idea.

That wasn’t rock bottom yet either, because he was cut by the Allen Wranglers of the IFL earlier this week. And he’s not done yet, because now he might sue the Wranglers after they evicted him from the house they provided, took the keys from the Jeep Cherokee they gave him (the IFL offers posh treatment for its star players), and they bought him out of his team ownership stake for $50.

Yes, $50. If Owens is wise, he’ll buy several gypsy cat posters on eBay with that hard-earned cash, just because he can. It”ll be his most intelligent financial move.

The Wranglers received exactly what they purchased when they signed Owens, but in return they don’t want to give him the satisfaction of taking any monetary benefit whatsoever away from the team. Predictably, Owens doesn’t like that idea too much.

Tell us more about Owens’ latest attempt to blame anyone but Owens, TMZ

The whole matter could be settled in court — T.O. is consulting with his lawyers since he feels he was wrongfully terminated and slandered in the team’s media release regarding his firing.

For the Wranglers, the last straw was Owens’ neglect of a basic community duty to appear at a local children’s hospital. He also didn’t surface at two road games, but Owens claims that his contract allowed him to skip road games, and that his publicist told him the wrong date for the hospital appearance.

Somehow, the media will get blamed for this too. The all seeing eye of the fourth estate has been burying Owens for years, so we sure as hell don’t want to see him have success with an indoor football team in Texas. The master plan must be executed.