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Report: Dwayne Bowe Agrees to Five-Year Deal to Stay in Kansas City, Chiefs Make Dustin Colquitt Highest-Paid Punter

Dwayne Bowe was expected to be one of the biggest names on the free-agent market this offseason, but it appears those plans have changed.

Bowe agreed to a five-year contract with the Kansas City Chiefs on Monday, just ahead of the franchise tag deadline, according to Adam Schefter of ESPN.

Chiefs didn't use tag on WR Dwayne Bowe because they didn't have to. Chiefs and Bowe have reached agreement on a five-year deal.—
Adam Schefter (@AdamSchefter) March 04, 2013

Bowe wasn’t the only Chiefs player to agree to a new deal on Monday, though. Punter Dustin Colquitt also agreed to a five-year contract worth $18.75 million with almost $9 million guaranteed, Schefter also reported. The deal makes Colquitt the NFL’s highest-paid punter.

Dustin Colquitt is now highest-paid punter in NFL. He reached agreement with Chiefs on a 5-yr, $18.75 million deal, including $8.9 mil gtd.—
Adam Schefter (@AdamSchefter) March 04, 2013

Retaining the 28-year-old receiver was key for the Chiefs to build a viable passing attack, especially after acquiring quarterback Alex Smith in a trade from the 49ers just last week. Bowe was selected to his first and only Pro Bowl in 2010. He caught 415 passes for 5,728 yards and 39 touchdowns in six seasons with the Chiefs.

By signing Bowe and Colquitt, the Chiefs were free to use their franchise tag to retain offensive tackle Branden Albert.

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