The Kansas City Chiefs placed the franchise tag on star receiver Dwayne Bowe on Monday. Within minutes of the NFL’s 4:00 p.m. deadline, the team announced its anticipated move, keeping Bowe from hitting the open market.
“Today was the league’s deadline to designate a franchise player and we felt it was in the best interest of the Kansas City Chiefs to place the tag on Dwayne,” said General Manager Scott Pioli, via team’s press release.
The Miami, Fla. Native was selected with the 23rd overall pick by Kansas City in the 2007 NFL Draft. Coming out of LSU, Bowe became one of the most explosive wide outs in the NFL right away. He has registered 4,927 receiving yards off 356 catches and 36 touchdowns in his short, promising professional career.
Bowe will be guaranteed a salary of about $9.5 million next season, according to the top five highest-paid players at his position. There’s no secret that the Chiefs want to sign Bowe to a long-term deal.
The 6-2, 221 lbs. pass catcher could still receive offers from other teams. However, Kansas City would have the right to match any offer. If the Chiefs decline to match an offer that is made, if an opportunity come about, they would lose Bowe, but would receive two first-round draft picks as compensation.