Jul 9, 2015; Toronto, Ontario, Canada; A general view of the Toronto skyline in preparation for the 2015 Pan Am Games. Mandatory Credit: John David Mercer-USA TODAY Sports

Chad Owens wants to remain with the Toronto Argonauts, but contract negotiations between the two sides are not going well.

Chad Owens and the Toronto Argonauts have enjoyed a mutually beneficial relationship, even since he first arrived in 2010. However, there is a genuine possibility the four-time CFL All-Star’s time might be up in Southern Ontario.

As reported by TSN, negotiations between the two sides aren’t going too well. Speaking to Mike Hogan, general manager Jim Barker said: “We’re pretty far apart.”

The problem from Owens’ point of view is that he and his agent made a contract offer to the Argonauts, but have yet to receive a response. If the matter cannot be resolved by February 9, the receiver will become a free agent.

Fans will be hopeful this doesn’t happen, and in that respect, they can console themselves with the fact the 33-year old wants to remain in Toronto. Speaking to Hogan, he said: “I don’t see myself playing anywhere else. This is my home.”

Certainly, not seeing Owens in the double blue uniform seems unimaginable. He has given the team numerous highlights, including helping them win the 100th Grey Cup in 2012.

That season also saw the former Jacksonville Jaguars draft pick win the CFL Most Outstanding Player award. Making it extra special, he set the league record for all-purpose yards in a single season, surpassing Argos legend Pinball Clemons.

Two factors which will come into play are the CFL salary cap and the Argonauts current abundance of receiving options. Barker said: “We’re trying to decide how much money we can allocate to his position.

“In a perfect world we’d bring him back. He’s been a great player and a great ambassador for us. It all comes down to how he fits in.”

In theory, Owens may be willing to compromise. He moved to Canada full-time at the start of 2015, as opposed to commuting between Toronto and his native Hawaii.

However, it is his family that will ultimately drive his decision. Owens said: “I don’t see myself playing anywhere else, but I have a family to look after.”

One final aspect for the Argonauts to consider is the five-time CFL East All-Star had his lowest ever receiving total with the team in 2015. This was partly due to missing five games through injury, and the front office has to decide if his age is a contributing factor.

In an ideal world, both sides want to agree a deal. Unfortunately, we don’t live in an ideal world and the clock is ticking.

Are you concerned about contract talks between Chad Owens and the Argonauts? Do you think he will remain in Toronto? Let us know in the comments section below.