It’s amazing what a deadline will do to juice negotiations.
With the deadline for using the franchise player designation at 3 o’clock Monday afternoon, the Chiefs and their potential free agents got very busy:
- WR Dwayne Bowe agreed to a 5-year contract. Terms unknown.
- P Dustin Colquitt agreed to terms on a new contract. Terms: 5 years, $18.75 million with $8.9 million in guaranteed dollars according to ESPN‘s Adam Schefter.
- LT Branden Albert was given the franchise tag, which means he’ll receive $9.828 million for this season as soon as he signs the tender offer.
For Andy Reid-John Dorsey, Monday ended up being a fruitful day. Bowe and Colquitt had to be kept. The Chiefs did not confirm the Bowe signing, but they did the deal with Colquitt.
“John and I knew right away that we’d like to keep Dustin in a Chiefs uniform,” Reid said in a statement released by the Chiefs. “He’s worked hard at his craft and has become one of the best punters in the NFL. He’s got a strong leg and the ability to pin opponents deep in their own territory. We are happy we were able to come to an agreement.”
Concerns about Albert’s back made the franchise tag the perfect remedy, so they will have a season to see him in action and either negotiate a longer term contract, or allow him to walk.
“We felt it was in the best interest of the Kansas City Chiefs to place the tag on Branden,” said Dorsey in a statement released by the team. “We will continue to negotiate with Branden and his agent to reach a deal that is mutually beneficial. We are looking forward to working with Branden in the near future.”
More than anything, the actions on Monday give the Chiefs ample opportunities in how they use the first selection of the NFL Draft in April. They are not forced to go for an offensive lineman to replace Albert, although they could still go in that direction.