The NFL and the Players Association have reached a settlement on Terrell Owens' grievance that will allow him to play for the Eagles, sources told ESPN on Tuesday.

Owens will travel to Philadelphia later today and will sign a seven-year, $42 million deal with Philadelphia, ESPN.com's John Clayton reports. The settlement will be announced at a news conference at 5:30 p.m. ET.

The Ravens will be compensated for voiding their trade for Owens via the 49ers. Baltimore will be given a fifth-round draft choice (from the Eagles) for the inconvenience of losing Owens and having the trade voided.

Also under terms of the agreement, the 49ers will obtain Eagles defensive end Brandon Whiting, a player whom 49ers general manager Terry Donahue considered for Owens before accepting a second-round choice from the Ravens.

The 49ers feel somewhat satisfied because they gain a defensive end with starting experience.

"I like Brandon Whiting," 49ers coach Dennis Erickson told ESPN.com. "We needed a defensive end and we think he will help us."

For Owens, the trade to the Eagles fulfills his wish of going to Philadelphia. He worked out a $6 million-a-year deal with the Eagles minutes before the 49ers traded him to the Ravens. The 49ers granted Owens' agent, David Joseph, the chance to talk contract with any team while he was involved in trade discussions.

The Ravens completed the Owens trade two weeks ago, but Owens said he would not play for Baltimore because he wanted to be traded to Philadelphia. The case went to a special master Monday and a verdict was expected Tuesday. The 11th-hour settlement means the NFL's special master, Stephen Burbank, won't have to rule on Owens' grievance to become a free agent.

Owens lost his ability to be a free agent because he and Joseph missed a Feb. 21 deadline to file the paperwork to void the final three years of his contract. He claimed that the deadline was March 2, the start of free agency, based on the language in his contract. The February date came from a side agreement between the union and the NFL when the start date of free agency was changed to March 1.

Information from ESPN.com's John Clayton and ESPN's Sal Paolantonio was used in this report.

The eagles havent made it to the superbowl because they are overrated. They are a weak team and McNabb is not that good of a QB.

For the Eagles to get to the SuperBowl they need to get two WR and a run stopper.

The eagles havent made it to the superbowl because they are overrated. They are a weak team and McNabb is not that good of a QB.

exactly ^

The Ravens didn't come out good when it was all said and done because since they thought they had gotten TO, they let Robinson sign with Minnesota, and didn't offer a contract to any big time WR, so now they don't have TO and there isn't a game breaking WR out there. The Ravens got screwed.

Also did anyone esle find it completely stupid what TO said last week when he compared himself to Rosa Parks?

The Ravens made the risk because the league had told them that this was a vaild trade and TO missed the deadline for becoming a FA so he would still be under contract. I'm no fan of the Ravens, in fact I hate Brain Billick, but they did get screwed. The Ravens don't have a first round pick this year, they traded it to the Pats so they could get Kyle Boller  last year.

Mini camp starts in May, so that's when I think the fighting will start. Everyone in Eagle land will be happy until May.