The Facts: Bowe has no plans to sign his franchise tag soon, a source with knowledge of the situation said Thursday, contrary to an Internet report.

Diehards Line:Bowe, like other franchise players who have yet to sign their tags, is hoping to get a long-term deal, but nothing is imminent. The NFL's deadline for franchised players to agree to a long-term contract is July 15. And while NFL Network insider Jason La Canfora is hearing otherwise, Profootballtalk.com's Mike Florio makes an interesting case. A league source told Florio that Bowe is considering signing the tender due to concerns that the Chiefs will use their first-round pick on a receiver, and then strip the franchise tag from Bowe. Bowe would make $9.5 million in 2012 if he signed his franchise tender. ... Stay tuned.