Report: Dwayne Bowe agrees to report to Chiefs

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Hours before the Chiefs open their preseason schedule at Arrowhead Stadium, reports out of Kansas City say that unsigned franchise player Dwayne Bowe is about to rejoin the team.

KMBC 9 News in Kansas City is reporting that Bowe has reached an agreement with the Chiefs, and that he was flying to Kansas City on Friday afternoon.

Because Bowe and the Chiefs did not reach an agreement before the July 16 deadline for franchise players to sign long-term contracts, he can now only sign a one-year deal with the Chiefs. So he has presumably decided to sign his franchise tender, which guarantees him a 2012 salary of $9.5 million. He’ll then become an unrestricted free agent again in March, or get franchised again with a tender amount of $11.4 million.

The Chiefs’ No. 1 receiver, Bowe caught 81 passes for 1,159 yards and five touchdowns last season.