A report by Newsday’s Bob Glauber has me a little confused.

According to Glauber (or at least Newsday’s headline), the Bengals are “ready to release Antonio Bryant.� Glauber writes that there is “plenty of speculation� that the Bengals are ready to cut bait on Bryant, who has been limited to just one training camp practice because of knee problems.

The idea makes sense if Bryant was playing on a cheap one-year deal, but he’s not. He signed a four-year, $28 million contract in March, which included $8.25 million in guaranteed money. They’ve already paid him $7 million thus far, so why wouldn’t they see if Bryant’s knee could hold up at the start of the season? It’s not like they need the roster space at the moment, seeing as how they only need to cut five more players by August 31 to meet the NFL’s roster guidelines.

The only way this makes sense is if the Bengals were convinced that Bryant wouldn’t be healthy enough to play this season. But even then, they could place him on IR, use the roster spot for a healthy receiver and then hope Bryant is healthy heading into next year. I don’t see how coming to terms on an injury settlement helps the Bengals at this moment, unless Bryant is walking around Cincinnati tipping over garbage cans and punching babies and the team just wants to get rid of him.

Considering he worked out on Wednesday, it would make sense for the Bengals to take a wait-and-see approach when it comes to Bryant’s health. There’s no reason to eat $7 million and not at least see if he will be healthy enough to suit up at some point this season.

The Bengals signed Terrell Owens to a one-year, $2 million contract on Tuesday according to ESPN’s Adam Schefter. In other news, Marvin Lewis also became the spokesperson for Excedrin Migraine.

I like the signing. Actually to be more specific, I like the fit. T.O. could have been toxic to Sam Bradford or Mark Sanchez’s development had the Rams or Jets (two teams that had shown interest in the receiver over the last couple of days) signed him. But in Cincinnati he’ll play for a veteran quarterback in Carson Palmer who won’t take his guff and with Pacman Jones, Matt Jones and Tank Johnson already on the roster, there’s no way Owens could pollute the Bengals’ locker room more than it has been over the last couple of years.

But the biggest issue stemming from this signing is what it means to Antonio Bryant. Obviously the knee injury that slowed him in spring practices is still a major concern or else they wouldn’t have signed T.O. Think about it, if they were seriously interested in Owens then why didn’t they sign him before now? What has changed since March (or April, or June, or the first 26 days in July) other than Bryant’s injury worsening?

The other issue is that the Bengals signed Bryant to a four-year, $28 million contract despite there being concerns about his health. He underwent surgery to repair a torn meniscus in his left knee last August and it continued to bother him throughout the season. Yet Cincinnati still gave him a multi-year deal and he’s likely to slide to No. 3 on their depth chart with the signing of Owens.

Considering the Bengals will pound the ball on the ground again this year, they should be fine with Chad Ochocinco, T.O. and a hobbled Bryant in the passing game. (I’m also high on rookie Jordan Shipley, who was nothing short of outstanding as Colt McCoy’s top target at Texas.) But the signing of Owens raises major questions about why the Bengals decided to pay Bryant $7 million a year without being more cautious about his knee injury.

Chris Mortensen of ESPN.com reports that the Rams are serious about signing Terrell Owens to a contract, presumably because they want to stunt the growth of rookie quarterback Sam Bradford. (Just goofin’!…Kind of.)

The Rams asked Owens through his agent, Drew Rosenhaus, if he would consider a serious contract proposal, even though they are not considered a playoff contender. Rosenhaus told the team Owens would definitely consider it, sources said.

Apparently the Bengals are also still in the mix for T.O.

The Cincinnati Bengals, as reported by ESPN NFL Insider Adam Schefter, are also engaged in talks with Owens. The Bengals signed free-agent receiver Antonio Bryant during the offseason but Bryant has struggled so far. According to a team source, that has motivated the Bengals to take another look at Owens.

One source said the Rams have gotten very aggressive in their pursuit of Owens and it’s possible that Owens will sign with the Rams or Bengals within the next 48 to 72 hours.

However, the Bengals still have given no indication they’re ready to offer a contract. They want to get a good look at their young wide receivers and have five preseason games to do it. They need some of those guys to play special teams. Chad Ochocinco, Bryant and Owens would not be special teams-type guys, so it’s uncertain how quickly the Bengals would react if they sensed he was about to sign with someone else.

The names listed on the Rams’ receiving depth chart aren’t going to stand out: Donnie Avery, Laurent Robinson, Mardy Gilyard, which is why signing T.O. makes sense on the surface. But believe it or not, all three of those wideouts still have a lot of upside and if they can stay healthy, I for one believe that St. Louis could have a solid receiving corps in 2010 and beyond. I wouldn’t view signing T.O. as a bad thing necessarily, I just don’t think it would be necessary for a team like the Rams.

The Bengals, on the other hand, make more sense. There wouldn’t be much concern that T.O. would damage the team’s locker room (really, how more can it be damaged?) and Cincy has a veteran quarterback in Carson Palmer who could deal with a personality like the one Owens has. Plus, a trio of Ochocinco, T.O. and Antonio Bryant would, at the very least, be an upgrade over the unit the Bengals had last year. Not that T.O. is an elite receiver or even a great No. 2, but he could be a decent complementary piece in an improved Cincinnati passing game.

Carolina Panthers:
Receiver Steve Smith is expected to miss at least two weeks with a strained shoulder after suffering the injury in practice on Monday. Dwayne Jarrett is expected to fill in for Smith while he’s out, which is kind of like going from a corvette to a station wagon. (Charlotte Observer)

Indianapolis Colts:
Safety Bob Sanders is expected to meet with orthopedic surgeon Dr. James Andrews soon. Sanders had another clean up procedure done on his knee this offseason and the Colts don’t know when he’ll be healthy again. He hasn’t practiced or played in game since Week 16 of last year. (Indianapolis Star)

Kansas City Chiefs:
Receiver Dwayne Bowe isn’t currently practicing with the Chiefs’ starters and apparently is in new head coach Todd Haley’s doghouse. Haley appears to be making an example of Bowe, who hasn’t responded well to KC’s new disciplined training habits. (Kansas City Star)

New England Patriots:
Tom Brady has yet to miss one practice since returning to action following ACL and MCL surgery. Brady continues to work out with a brace on his knee, although he’ll likely have to play with the brace the rest of his career. (Boston Globe)

Tampa Bay Bucs:
Receiver Antonio Bryant will be out for the next 3-4 weeks with a torn meniscus in his knee. Bryant could miss the entire preseason, but is expected to be healthy by Week 1. Still, the Bucs are thin at receiver and are implementing a new offense so Bryant’s injury is of concern. (Pewter Report)

Earnest Graham is listed ahead of Derrick Ward on Tampa’s depth chart, but considering the Bucs paid Ward like a starter this offseason, it’s wise not to read too much into this. (Buccaneers.com)

Miami Dolphins:
Former Hawaii product Davone Bess has been starting ahead of Greg Camarillo in Miami. Carmarillo appears to be completely recovered from ACL surgery, but Miami likes Bess’ speed and playmaking ability and see him as a starting flanker. (Miami Herald)

Last week we looked at the top 10 fantasy quarterbacks from 2008 with a look toward 2009. This week, it’s about those who catch passes. Wide receivers have become almost as valuable as running backs, so it’s important not to overlook that when you’re preparing for your fantasy draft. And you are preparing, right? Or will you cram on Labor Day weekend? If you’re like me, you’re reading this stuff now because these long months without football suck. So, about those receivers….and keep in mind this Top 10 is based on scoring from one of my own fantasy leagues, and stats may differ from league to league:

1. Larry Fitzgerald, Arizona Cardinals—There should be no question remaining as to who has the best hands in football. In fact, I’ll just say it — that Larry Fitzgerald is the best receiver in football, and one of the best since the days of (dare I say it) Jerry Rice, or Lynn Swann. Yeah, he’s that good, and he’s just getting started. In ’08, Fitzgerald had 96 catches for 1431 yards and 12 touchdowns….and that’s with Kurt Warner having two other legitimate targets in Anquan Boldin and Steve Breaston.

2. Calvin Johnson, Detroit Lions—This poor bastard put up huge numbers last year for an 0-16 team—78 receptions for 1331 yards and 12 scores. It’s difficult to draft anyone on the Lions, though.

3. Andre Johnson, Houston Texans—This guy is just a beast. I mean, a freaking beast. Johnson had SIX games of over 130 receiving yards, and wound up with 115 catches for 1575 yards and 8 TDs…all usually with two guys covering him. Like I said, a beast. Now what would he do with a real QB?

4. Anquan Boldin, Arizona Cardinals—Q wants the ball, and he may not get it in Arizona this season. But his numbers and skills have every other GM salivating. Last year, despite missing four games with injuries, Boldin caught 89 passes for 1038 yards and 11 scores. He even rushed 9 times for 67 yards.

5. Greg Jennings, Green Bay Packers—Jennings has been on the verge of fantasy superstardom for a few years now, and I think the next two seasons may be peak years for him — especially with Aaron Rodgers coming into his own and Donald Driver losing a step or two. His 2008 numbers? 80 catches for 1292 yards and 8 touchdowns. This year, I’m saying 100-1500-12.

6. Randy Moss, New England Patriots—The fact that Moss still had a 1000-yard season catching passes from the yet-unproven Matt Cassel says a lot about Moss. Dude is a sick receiver. He had just four 100-yard games, but was consistent over the season with 69 receptions for 1008 yards and 11 TDs. He gets his boy Brady back in 2009, so look for 2007-ish numbers again.

7. Terrell Owens, Dallas Cowboys—He had one game over 200 yards, one more over 100, and every other game below 100. Owens managed 1052 yards on 69 catches with 10 scores, but by his standards the season was a bust. In Buffalo, I can’t imagine his numbers will be much better.

8. Lance Moore, New Orleans Saints—Marques Colston was never quite right after coming back from an injury, but Drew Brees kept throwing the ball to this guy, to the tune of 79 catches for 928 yards and 10 touchdowns—with three 100-yard games.

9. Steve Smith, Carolina Panthers—He was suspended for the first two games in 2008, but still racked up 1421 yards on 78 catches with 6 scores…and a whopping eight 100-yard games. Steve Smith is just money, and he should be a Top 5 receiver in every fantasy league.

10. Antonio Bryant, Tampa Bay Bucs—Bryant had his best season as a pro last year after missing the entire 2007 campaign, catching 83 passes for 1248 yards and 7 TDs…and he gets bonus points for doing it with the Tampa Bay Bucs!

With free agency ready to kickoff this Friday, February 27, hope once again springs eternal for fans across the NFL.

But it seems like more than any other year, the free agent market this offseason has been picked bone dry before teams have even had the chance to grab their shopping carts.

Nnamdi Asomugha?

Sorry, off the market after re-signing with the Raiders.

Julius Peppers?

Franchised, but teams can probably have him for two first round picks, a gazillion dollars and a six yachts.

Terrell Suggs?

Likely staying put in Baltimore after being franchised.

Karlos Dansby? Brandon Jacobs? Matt Cassel? O.J. Atogwe? Darren Sproles? Antonio Bryant? Dunta Robinson?

All franchised.

Are there any players left on the market to get excited about? Absolutely, there are plenty of quality free agents available and bargains to be had. But as in previous years, there are a ton of risks, as well.

Below are five free agents that might command a decent amount of money this offseason, but will also be worth the heavy price tag in the end. I’ve also complied a group of five free agents that could turn out to be thieves this offseason by commanding big bucks, yet those investments may not pay off once teams start strapping on helmets and shoulder pads again.

Here’s a quick Week 16 preview for all of the early games with playoff implications in the NFL this week:

Ravens at Cowboys, 8:15PM ET Saturday NFL Network
It’s a shame that only four people will have the opportunity to see this game Saturday night due to the broadcast being on NFL Network. It appears that Marion Barber will play again this week but he doesn’t have a great matchup against a stout Baltimore defense. The Ravens will continue to pound the ball on the ground and keep rookie quarterback Joe Flacco protected, which was one thing the Giants failed to do last week for Eli Manning when they gave up eight sacks in a loss to Dallas. The Cowboys are playing their best defense of the season right now but will all of their off-field issues eventually catch up to them? Can Terrell Owens behave? Will Tony Romo hold this team together?

Steelers at Titans, 1:00PM ET, CBS
Home field advantage in the AFC is on the line in this game, but Tennessee is in trouble. Not only are the Titans coming off a loss, but they also lost DT Albert Haynesworth for the season and managed to score just 12 points on the suddenly hot Houston Texans last Sunday. The Steelers, meanwhile, continue to play the best defense of any team in the NFL and while they still have of a fair amount of issues on the offensive side of the ball, they appear to be the team to beat in the NFL right now. We’ll find out a lot about both teams this Sunday in a game that should be a massive defensive struggle.

Cardinals at Patriots, 1:00PM ET FOX
New England is currently locked in a three-way tie in the AFC East although a win over Arizona would go a long way in earning a division crown because they wrap up the season against the hapless Bills next week. The Cardinals might have won the NFC West two weeks ago, but at 8-6 they don’t look like a team ready for the postseason. They have yet to beat a quality opponent on the road and their defense looked disastrous last week in allowing the Vikings’ Tarvaris Jackson to throw four touchdown passes and Adrian Peterson to do whatever he wanted on the ground. If they hope to get any momentum before the playoffs, the Cards might want to start with a win this Sunday in Foxboro. But that might be tough to do against a Patriots team on a mission.

Chargers at Buccaneers, 1:00PM ET CBS
The Broncos have kept the Chargers in the playoff mix but San Diego’s hopes are hanging by a thread. One more loss or a Denver win and they would officially be eliminated. Tampa Bay is coming off two straight losses to divisional opponents and injuries are mounting along the defensive line. The Buccaneers’ once stout run defense has been gashed for over 450 yards the past two weeks and if LaDainain Tomlinson can get going, the Chargers might be the next opponent to run amuck on Tampa. Still, the Bucs are in good shape for the playoffs if they can muster a win Sunday and they should have a huge advantage this week with wideout Antonio Bryant going against a spotty San Diego secondary. If the Bucs win out, they’ll secure one of the Wild Card seeds in the NFC and after hosting the Chargers this week, they wrap up the season against the Raiders at Raymond James.

Antonio Bryant has always been a tough guy to get a read on. He showed good progress in his second, third and fourth seasons by increasing the number of catches and receiving yards in each season. He took a step back in 2006 with the 49ers, who signed him to be their go-to receiver.

From Wikipedia:

Following a victory over the Seattle Seahawks on November 19, 2006, Bryant was arrested for driving his orange Lamborghini faster than 100 mph on Highway 101. He was charged with suspicion of misdemeanor reckless driving, driving under the influence, and resisting arrest. As a result, Bryant was suspended for four games by the NFL. He sat out the final two games of the 2006 season, and was scheduled to sit out the first two games of the 2007 season.

On September 17, 2007, Bryant was reinstated by the league, but was not able to sign with a team, partly because of a failed drug test over the summer. In October 2007, he filed a lawsuit against the NFL to try to get them to stop drug testing him since he is not currently a player, and to drop the failed drug test. In December 2007, the case was resolved without the details being released.

Thus far, it’s clear that the Bucs were smart to roll the dice on Bryant. Joey Galloway has been fighting injuries all season, and that leaves Bryant as the sole playmaker in the passing game (and some would argue — in the entire Tampa Bay offense). He is on pace to finish with 81 catches for 1,152 yards and six TD, which would be the best statistical season of his career. Moreover, he’s just 27 and *seems* to have turned his life and football career around.

Bryant will be a free agent this summer, and it’s going to be interesting to see where he lands. I would be most optimistic about his chances to continue this upward career swing if the Bucs were to re-sign him. It would show a desire on their part to keep him and it would show maturity on his part to show some loyalty to the team that took a chance on him when very few other teams would.

Bryant’s nine-catch, 200-yard, two-TD performance (and in particular, this amazing catch) against Carolina on Monday night surely increased his profile around the league. If you look hard enough you can see Jerry Maguire jumping for joy on the sidelines.

Check out the catch Tampa Bay Buccaneers’ wide receiver Antonio Bryant made Monday night against the Carolina Panthers:

Bryant has never been short on talent. It’s his mental capacity that he’s always been short on. (Can you be short on mental capacity? Ah, the hell with it – I’m going with the line anyway.)