I've been saying for weeks that the Chiefs should franchise tag Bowe and sign Carr long-term. As free agency nears, it looks like that is less likely to happen because Brandon Carr is regarded as the top CB in this year's free agent class. So keeping him will be harder than keeping Bowe.
So I change my stance:
Re-sign Dwayne Bowe long-term and then put the non-exclusive franchise tag on Brandon Carr which will be around $10.6 mil. And here's why: The Chiefs need both of these players and can't afford to let either of these 2 players to walk. It will be harder to find a WR to replace Bowe than a CB to replace Carr (Stanford Routt visited the team and the Chiefs have showed interest).
What this does:
It locks up Dwayne Bowe long-term which is a win-win for both sides. Then with Carr it gives the team flexibilty. With the non-exclusive franchise tag it gives the Chiefs more time to negotiate long-term or see what another team will do. The non-exclusive tag gives Carr the opportunity to talk and negotiate with other teams. If another team makes an offer the Chiefs can either match the offer and sign Carr to that deal or decline to match. If the Chiefs don't match the offer then they lose Carr but, receive (2) 1st round picks in return for Carr. If that happens then the Chiefs should sign Stanford Routt who is a decent number 2 CB. That way the Chiefs have a plan B plus a 1st round pick in this years draft and next years draft.