Todd Leabo@LeabonicsReply
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#chiefs have placed the franchise tag on wr Dwayne Bowe.
Chiefs make Bowe their franchise player
The Chiefs today named Dwayne Bowe, their top wide receiver the past five seasons, as their franchise player, a move that effectively keeps him off the free-agent market.
As part of that transaction, the Chiefs offered Bowe a one-year contract worth about $9.5 million. Bowe can sign the contract at any time or the sides could negotiate a long-term contract.
As the franchise player, Bowe could still negotiate a contract with another team. But the Chiefs would have the right to match the offer and retain Bowe. If they decline to match, the Chiefs would lose Bowe but receive two first-round draft picks as compensation.
Read more here:
http://chiefsblog.kansascity.com/?q=...#storylink=cpy