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Dwayne Bowe signs franchise tender and joins Chiefs

Chiefs wideout Dwayne Bowe signed his franchise tender on Friday. The tender is worth $9.5 million. (Jamie Squire/Getty Images)

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Kansas City Chiefs wide receiver Dwayne Bowe signed his franchise tender and will join the team today, the team announced.

The franchise tender is worth $9.5 million this season and Bowe is the last of the franchise tendered players to sign with his team.

In March, the Chiefs placed a non-exclusive franchise tag on Bowe. The Chiefs had until July 16 to try to work out a long-term deal for Bowe. Kansas City has until next March to decide who they want to place the franchise tag on for the 2013 season.