Chiefs Re-Sign WR Dwayne Bowe to $56 Million Deal

The Browns are in the market for another wide receiver, but Dwayne Bowe will not be a part of the discussion, as the Chiefs have signed him to a new five-year, $56 million deal with $26 million guaranteed and a $15 million signing bonus.

With that deal, Bowe is now the third highest-paid wide receiver in the league, which, at times, is a level at which he is capable of performing. Last season, he had 59 catches for 801 yards and three touchdowns in 13 games, which followed two consecutive 1,100-yard seasons (including 15 touchdowns in 2010).

Bowe would have been a tremendous signing for the Browns, but the Chiefs didn’t appear willing to lose Bowe, especially after landing new head coach Andy Reid. If a deal wasn’t going to get done, the Chiefs were likely going to franchise tag Bowe at $11.4 million.

The Browns’ quest for one more wide receiver will continue, but the list of potential players is now just a little bit shorter.