I'm joining the chorus of folks stating the obvious: Dwayne Bowe probably isn't going anywhere. We've known that Bowe and the Kansas City Chiefs have been in contract negotiations for some time but the Chiefs latest personnel moves make it a no-brainer -- Bowe will receive the franchise tag.
Well, he'll receive the tag if the Chiefs can't work out a longterm deal with him first. They're still talking and a multi-year commitment is still the goal. If they can not sign him, the Chiefs will almost assuredly place the franchise tag on him.
The franchise tag period started on Monday. The deadline to apply the tag is March 5. There's really no point for the Chiefs to place the tag on him until closer to the deadline.
The Chiefs and Bowe's camp have been in discussions dating back to last season so, given the amount of time thus far they've had to do a deal, it's hard to see a longterm getting done in the next 14 days. As of now, I'd predict the franchise tag.
Then again, deadlines have a way of making people change their minds. Maybe they can avoid the tag.
However they do it, the larger point is that it would be a huge upset if Bowe isn't in a Chiefs uniform next season.