The Chiefs went down to the deadline with Dwayne Bowe, but in the end, they keep one of their best offensive weapons, and allow the franchise tag to place on someone else.
Adam Schefter is reporting that the Kansas City Chiefs and wide receiver Dwayne Bowe have agreed to a five year deal.
Chiefs didn’t use tag on WR Dwayne Bowe because they didn’t have to. Chiefs and Bowe have reached agreement on a five-year deal.
— Adam Schefter (@AdamSchefter) March 4, 2013
Terms of the deal have not been released at this time. Alex Smith is definitely smiling right now, because it allows him and the Chiefs to hold on to his best pass catcher.