Albert indicated that while his agent and the Chiefs had talked about a long-term contract, they were nowhere close to an agreement.
"I'm happy for Dustin and Bowe and I'm happy for the organization," Albert told The Star. "That's all I've got to say about it. Bowe deserves it. Colquitt deserves it. The organization locked up three players that are going to help them win."
Albert wouldn't say whether he would sign the one-year contract offer any time soon. Even if he does, the contract would expire at the end of the season, leaving some uncertainty about the future of the position for the Chiefs.
Chiefs Sign Bowe And Colquitt, Tag Branden Albert from The Mothership
"When we first arrived, one of the first items on our agenda was signing Dwayne," Chiefs general manager John Dorsey said.
"He's been a key player on our offense and is one of the premier players at his position. We are pleased that Dwayne will be a member of this team for years to come."
Bowe's new head coach, Andy Reid agreed.
"We're excited to have Dwayne on the roster for the long term," Reid said.
Bowe could've been a problem last season. No NFL player likes taking the franchise tag, and Bowe did it for what turned out to be the league's worst team. His quarterbacks were bad and worse, defenses worried little about anyone besides him and Jamaal Charles, and Bowe was still a terrific teammate. When a report surfaced that he wanted out of Kansas City, he shot it down to The Star with immediacy and clarity.
His mistakes are mostly cosmetic. The profane T-shirt in his Twitter and Facebook posts Monday. The picture he sent out last December honoring Jovan Belcher and misspelling his teammate's name.
What he hasn't done is anything that might hurt the team. Not since he went public about his teammates' habit of "importing" women, anyway. You don't hear coaches grumbling about Bowe not staying in shape, or not being focused on football, or showing up to meetings late.
Dwayne Bowe Signs Contract With Kansas City Chiefs from NFL.com
New coach Andy Reid and general manager John Dorsey made it clear they were fans of Bowe and did not want to lose him. Kansas City boasts a solid group of skill position talent with Bowe, wide receiver Jon Baldwin, running back Jamaal Charles, and Tony Moeaki to pair with incoming quarterback Alex Smith.
Financial terms still are unclear, but it's safe to say Bowe will be one of the highest paid wide receivers in the NFL.
Breaking Down Chiefs' Big Day from ESPN
Monday's commitment to three players from a team that finished 2-14 last season showed the locker room that the new brass believes in this group. There is talent on this roster and Bowe, Albert and Colquitt are key players that can help this team win. All three would have been heavily sought after on the open market.
Reid and Dorsey knew it was important to keep all three and these moves showed the players that it is a new day in Kansas City.
2013 NFL Draft: Teams That Might Be Tempted To Trade Up To No. 1 from CBS Sports
As the draft approaches, expect the Chiefs to be linked to each of these prospects at one time or another. It is the most logical way, after all, to spark interest in their pick.
So which clubs might be tempted to move up should Kansas City cut them a deal?
Below are five candidates to consider. Teams are listed alphabetically.
Random Franchise Tag Thoughts from ESPN
The Chiefs are still in the mix for free-agent defensive end Chris Canty even though he is making other trips. The process still may take some time.
At this point, it seems that former Minnesota coach Brad Childress will not join Andy Reid's staff in Kansas City this year, but it could conceivably change.
Chiefs Pull Off Franchise-Tag Tap Dance to Keep Dwayne Bowe, Branden Albert from Sports Illustrated
The financial situation aside, though, the early days of Andy Reid's tenure at head coach and John Dorsey's reign as general manager could not have worked out much better. Within the span of about a week, the Chiefs have secured their probable starting quarterback and kept their top receiver and lineman. Plus, with Fisher, Lane Johnson and a host of defensive end/outside linebacker prospects performing well in recent weeks, Dorsey may have some trade-down scenarios fall into his lap before the draft.
Chiefs Could Be Thinking CB At No. 1 from CBS Sports
Chiefs' safety Eric Berry isn't a suspect starter, but he also hasn't lived up to the billing as a top-10 pick to date.
The top defensive back in the 2013 draft is Alabama's Dee Milliner, a junior who has the tools to slide into a starting spot instantly. A cornerback has never been drafted No. 1 in the history of the modern era.
Intrigue Surrounds Chiefs' First Overall Pick from FS Kansas City
Will the Chiefs still consider Texas A&M left tackle Luke Joeckel with that top pick now that they have put the franchise tag on their own free-agent left tackle Branden Albert?
Or will the Chiefs suddenly feel free to pass on Joeckel, and go after the long-term future with West Virginia quarterback Geno Smith, even though they traded last week for San Francisco quarterback Alex Smith?
Or might the Chiefs now feel they can trade out of their No. 1 pick?
The Chiefs certainly kept all those possibilities open after announcing they secured their top two free agents on Monday - Albert with the franchise tag and wideout Dwayne Bowe with a new five-year deal.
Where Things Stand In AFC West As Pro Days Begin from The Denver Post
When watching Chiefs coach Andy Reid in the draft, it is important to remember he used six first-round picks on defensive linemen in his long tenure in Philadelphia, and in two drafts, he used second-round picks on defensive linemen. Danny Watkins, in 2011 and Shawn Andrews in 2004 were the only offensive linemen he selected in the first round.
Perhaps no draft prospect is rising up the NFL draft boards faster than Florida defensive tackle Sharrif Floyd.
He is a great athlete, he is coming off a great combine and teams think he can be the next great difference maker on the defensive line. The question is can he make his way all the way up to the No. 1 pick and the Kansas City Chiefs?
Two Time Super Bowl Champ Inspires Chiefs At Annual Football Banquet from NorthEscambia.com
Two-time Super Bowl champion Anthony Pleasant spoke words of inspiration to the state champion Northview Chiefs Monday night during their annual football banquet.
Champions are special, Pleasant told the young men, and champions should work to fulfill the role. "You guys are champs," he told the Chiefs, "You have won the state championship, conduct yourselves as champions..."
...Pleasant is currently the defensive line coach for the NFL's Kansas City Chiefs.
Inside Free Agency 2013 - Day 23: Ted Ginn, Jr. from The Mothership
Ted Ginn Jr. is not on the 49ers 'high-priority list' to re-sign, a league source told CSNBayArea.com. The wide receiver/return man may instead be playing elsewhere in 2013. Here's a look at some of his strengths and weaknesses.
Name: Ted Ginn Jr.
College: Ohio State
Born: April 12, 1985 (Cleveland, Ohio)
Experience: 6 years
Drafted: 2007, 1st Round-9th pick overall by the Miami Dolphins
Ginn just completed his sixth NFL season, recording 38 starts in 88 games.
Chiefs Free Agent Preview: Plenty Of Needs For Rebuilding Club from CBS Sports
The Chiefs have the first pick in the draft. They also haven't had a winning season in five of the past six years, with a 29-67 record that puts them at the back of the class. Worse, they've been through four coaches and three GMs the past five years. Overcoming history is a challenge for new coach Andy Reid, but he's been there before. He turned around Philadelphia virtually overnight, and he could do the same thing here. He has talent. He has defense. And he has opportunity, with only one team in the AFC West last year producing a winning record.
Let's Meet The NFL's Unlucky Eight from FOX Sports
Trickle-down effect: Predicting what the Chiefs do with the No. 1 overall pick in April's draft has become a little harder with Albert being tagged. Texas A&M left tackle Luke Joeckel could still earn the honor, but that would require some shifting along the line to find Albert a new home.
NFL Star Nick Lowery's Imagine 100 Faces from LookToTheStars.org
NFL Legend and Kansas City Chiefs Hall of Famer Nick Lowery started the "Imagine 100 Faces" event to garner awareness for the unseen faces of bullied children and underprivileged youth struggling to transcend their circumstances. On Thursday, April 4th he will be holding a fundraiser.
All proceeds from "Imagine 100 Faces" Night will go toward the Nick Lowery Youth Foundation and it's recognized anti-bullying programs. Guests will mingle and enjoy the evening in a 10 million dollar mansion in Paradise Valley.
Let's Play The Realignment Game! from National Football Post
Teams: Arizona Cardinals, Denver Broncos, Kansas City Chiefs, St. Louis Rams
Nickname: Barbeque at Altitude
Longest travel distance prior: St. Louis to Glendale, AZ at 1,475 miles
Longest travel distance after: St. Louis to Glendale, AZ at 1,475 miles
Phrase most often heard at divisional matchups: "Can't wait to see how we screw up the two-minute drill today."
Oh-so-close Super Bowl losers Jeff Fisher, John Fox and Andy Reid come together in a division that also includes the impossible-to-realign Arizona Cardinals. Seriously, try this divisional realignment experiment on your own and let me know where Arizona ends up. It's not easy. The Broncos have a cakewalk to the playoffs as long as Peyton Manning is still around, but how would that be any different from last season? A new rivalry is formed in Missouri and lasts exactly two years until St. Louis relocates to Los Angeles. And just imagine how much Lipitor you would need to consume to combat the effects of a St. Louis-Kansas City tailgate.