The Cowboys have declined the option on Terrance Williams’ contract for 2019, according to Todd Archer of ESPN.com (on Twitter). Williams will hit free agency in March and the Cowboys will save $2.25MM in cap space in the upcoming year. 
The move does not come as a surprise – Williams caught just two passes for 18 yards last season and spent the bulk of the year on injured reserve. He also served a three-game suspension in connection with a May car crash.
Had the Cowboys exercised Williams’ option, they would been on the hook for $4MM in 2019. Given his lack of production and the presence of Amari Cooper atop the WR depth chart, this was pretty much a no-brainer for Dallas.
Williams, 30 in September, will have a market for his services, but he’ll probably fetch offers below that $4MM figure. Before his ill-fated ’18 campaign, he was averaging 46 catches for 672 yards and four TDs per season with the Cowboys.
I wouldn’t mind seeing the 49ers take a shot on him with a short term deal. What the worse that can happen.
Worst case – He never plays and counts towards the cap and roster size.
Good.
FINALLY
so many opportunities to be #1 wideout williams always failed me in fantasy
Now I feel a little better about my fantasies with Halle Berry failing.