Chiefs re-sign WR Dwayne Bowe to five-year contract
While the franchise tag went off to left tackle Branden Albert, the Kansas City Chiefs re-signed punter Dustin Colquitt and wide receiver Dwayne Bowe to a five-year contract.
Dwayne Bowe was given the franchise tag last year, this season a second franchise tag would have paid out a 120 percent raise, meaning he would have earned over $11 million in 2013. Branden Albert’s franchise tag offers a one-year contract worth $9.83 million.
"We felt it was in the best interest of the Kansas City Chiefs to place the tag on Branden," said Kansas City Chiefs general manager John Dorsey said in a statement on Monday. "We will continue to negotiate with Branden and his agent to reach a deal that is mutually beneficial.”
While the Kansas City Chiefs and Branden Albert’s agent will attempt to work out a long-term contract, the two sides haven’t had much success lately. Dwayne Bowe spent the 2012 season as the Kansas City Chiefs’ franchise player after despite being the team’s leading receiver both sides failed to agree on terms to a long-term contract.
"I'm happy for Dustin and Bowe and I'm happy for the organization,” added John Dorsey. “That's all I've got to say about it. Bowe deserves it. Colquitt deserves it. The organization locked up three players that are going to help them win."
Financial terms of Dwayne Bowe’s contract, or the other two newly inked deals were not released by the Kansas City Chiefs.
"When we first arrived, one of the first items on our agenda was signing Dwayne," John Dorsey said on keeping one of their best potential free agents off the market. "He's been a key player on our offense and is one of the premier players at his position. We are pleased that Dwayne will be a member of this team for years to come."
Re-signing Dwayne Bowe also indicates that new Kansas City Chiefs coach Andy Reid doesn’t feel the need to rebuild the roster upon his first year, and is instead hoping the team is ready to compete in 2013, after they acquired quarterback Alex Smith by trading in a couple of first round picks. Dwayne Bowe will become Alex Smith’s No.1 target in 2013, after the Kansas City Chiefs ranked as the worst passing offense last season.