[Kansas City.com] The Chiefs agreed to terms with wide receiver Dwayne Bowe and punter Dustin Colquitt on Monday, and effectively kept their other top potential free agent, left tackle Branden Albert, off the market by declaring him a franchise player.
By designating Albert as a franchise player, the Chiefs have offered him a one-year contract worth $9.83 million. How these moves will effect the sports betting sites is anyone’s guess at this point.
“We felt it was in the best interest of the Kansas City Chiefs to place the tag on Branden,” Chiefs general manager John Dorsey said in a statement announcing the move. “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.”
Bowe, who the Chiefs made a franchise player last season after both sides couldn’t agree on a long-term contract, has been the Chiefs’ leading receiver for the past four seasons.
Colquitt had one of the best seasons of his NFL career last season, when he was chosen to the AFC’s Pro Bowl team. According to ESPN’s Adam Schefter, Colquitt’s contract is for five years and $18.75 million, making him the highest-paid punter in the NFL.