The Facts: The Chiefs and Bowe have been discussing a long-term deal. For now, we’re told there’s no news. Absent a long-term deal by Monday, March 4, the Chiefs either will — or won’t — apply the franchise tag to Bowe.
Diehards Line:
As PFT's Mike Florio Notes, because he was tagged in 2012 at a tender of $9.6 million, he’d be entitled to a 20-percent raise. That’s $11.4 million for one more season. And since a third straight tag would entitle Bowe to the quarterback tender in 2014, failure to sign Bowe to a long-term deal by July 15 means that he’ll undoubtedly hit the open market in 2014. ... Stay tuned.