Found March 05, 2013 on
The consensus big-name wide receivers on the free agent market this offseason were Mike Wallace, Wes Welker, Greg Jennings, and Dwayne Bowe. That is, until the Chiefs came to a long-term agreement with Bowe yesterday. The deal is for 5 years and a reported $56 million.
With Bowe officially off the market there are 2 significant developments. The first is quite obvious. The field of top tier free agent receiver has just gotten 25% thinner. Receiver needy teams such as the Dolphins, Browns, and Rams now have one less player they can pursue once free agency begins march 12th. The second development is the fact that there is now a standard for teams looking to pursue the remaining top targets in terms of years and the dollar amount of any contract offered. Bowe’s 5 year $56 million deal is right around what you can expect to see Wallace, Welker, and Jennings sign for when they eventually settle on their new teams.
This means that teams looking to sign one of these players must at least be in decent salary cap shape, unlike the Pittsburgh Steelers, who can kiss any hope of resigning Wallace good bye. They were never expected to be able to compete for Wallace’s services anyway, but the Bowe deal officially drives the nail in the coffin. It also makes it next to impossible for Jennings to make a return to Green Bay, as the deadline for the placing the franchise player has come and gone. The latest reports on Welker however, are that he and New England are close to a long term extension, which was made possible by Tom Brady restructuring his deal to create much needed cap space for the Patriots.
So with Bowe officially returning to the Chiefs, and the announcement of Welker to do the same with New England set to come any day now, the two remaining top receivers are Greg Jennings and Mike Wallace. The Miami Dolphins have been linked to both players over the last couple of weeks, but there are certainly other teams out there with cap space and a need at wide out to make the competition for their services very interesting. Keep checking XLJ to stay as up to date as possible on this fluid situation.
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BEST OF MAXIM
Entering the offseason, it appeared wide receiver Dwayne
Bowe would be suiting up for a team other than the Kansas City Chiefs in 2013.
However, KC and new coach Andy Reid made sure that didn’t happen yesterday,
signing Bowe to a five-year contract extension, according to Albert Breer of
The Chiefs have indeed agreed to a five-year deal with WR Dwayne Bowe.
The Kansas City Chiefs and Dwayne Bowe have agreed to terms on a new, five-year contract extension.
Monday was a busy day for the Kansas City Chiefs but thanks to some great work by the organization, the team was able to lock up three important players just before the deadline to exercise the franchise tag expired.
On a whirl wind day, just a week removed from finalizing a trade that will bring former No.1 overall pick Alex Smith to Kansas City, the Chiefs locked up some important...
Teams that might have had an interest in targeting Kansas City Chiefs WR Dwayne Bowe are now going to have to change their plans when free agency opens next week. The Chiefs have reached a long-term deal with Bowe, giving expected quarterback Alex Smith a deep threat this season. Kansas City has wasted little time making moves under first-year head coach Andy Reid making personnel...
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...
The details of the five-year contract extension Dwayne Bowe signed with the Kansas City Chiefs have been released, and the dollar signs are dizzying.
Wide receiver Dwayne Bowe and the Chiefs have reached an agreement on a new five-year contract. SOURCE: Adam Schefter, ESPNFantasy Spin:Bowe seemed hesitant about coming back to the Chiefs earlier this offseason but that may have changed when he found out that Alex Smith would be the quarterback next season. He should be able to reach 1,000 yards again next season after falling short...
Greg Jennings and Mike Wallace are sitting somewhere wondering when their turn will come. Percy Harvin now has a measuring stick for his new deal.
Yesterday we reported that Dwayne Bowe and the Kansas City Chiefs have agreed to a new 5 year deal. Today the numbers of that deal have been released, and they indeed will have a trickle down effect.
According to Pro Football Talk...
According to Jason La Canfora of CBS Sports, Dwayne Bowe’s new conrtact with the Chiefs is worth $56 million over 5 years with $26 million guaranteed. Dwayne Bowe’s 5 yr deal with KC is worth $56M with $26M guaranteed. He gets $11M per year. We’ll see if Wallace and Jennings can do the same — Jason La Canfora (@JasonLaCanfora) March 5, 2013 Bowe is now the third highest...
The Kansas City Chiefs will be a playoff team this season. No, seriously.
The trade for Alex Smith was a huge step in the right direction, but Monday’s roster moves — highlighted by the signing of wide receiver Dwayne Bowe to a five-year extension and franchising of tackle Branden Albert – solidified the necessary foundation for the NFL’s worst team to morph into a legitimate...
After spending the 2012-13 playing under the franchise tag, Dwayne Bowe has finally gotten a longterm deal done with the Kansas City Chiefs.
The wide receiver has obviously bought into what the new administration of general manager John Dorsey and former Philadelphia Eagles head coach Andy Reid is selling.
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The post Kansas City Chiefs sign Dwayne...
It hasn't taken long for the new regime of the Kansas City Chiefs to make an impression.
The Chiefs announced Monday they signed wide receiver Dwayne Bowe and punter Dustin Colquitt to new long-term contracts and placed the franchise tag on left tackle Branden Albert.
All three of the players were due to become free agents.
The moves come less than a week after new Chiefs...
(AP) -- The Kansas City Chiefs retained three significant free agents Monday, signing punter Dustin Colquitt to a five-year deal, placing the franchise tag on left tackle Branden Albert and reportedly agreeing to a long-term contract with wide receiver Dwayne Bowe.
The Chiefs had until Monday afternoon to decide whether to place the franchise tag on one of their pending free agents...
The Kansas City Chiefs were really busy today. They signed wide receiver Dwayne Bowe to a five-year deal and used the franchise tag on tackle Brandon Albert. And they didn’t stop there.
According to ESPN’s Adam Schefter, the Chiefs also signed punter Dustin Colquitt to a contract extension that makes him the highest paid punter in NFL history.
Dustin Colquitt is now highest...