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Chiefs lock up P Colquitt, tag LT Branden Albert; reportedly reach long-term deal with WR Bowe

The Kansas City Chiefs retained three significant free agents Monday, signing punter Dustin Colquitt to a five-year deal, placing the franchise tag on left tackle Branden Albert and reportedly agreeing to a long-term contract with wide receiver Dwayne Bowe.

The Chiefs had until Monday afternoon to decide whether to place the franchise tag on one of their pending free agents. They did it with Albert, who will make $9,828,000 next season.

The decision was made easier by reaching long-term deals with Bowe and Colquitt.

Bowe was the recipient of the franchise tag last year, and despite poor quarterback play and some nagging injuries, still managed to catch 59 passes for 801 yards and three touchdowns.

Colquitt earned a trip to the Pro Bowl as the Chiefs' punter this season.