As valuable seconds ticked off the clock, the NFL's 3 p.m. franchise tag deadline passed with no news coming out of Kansas City.
Just minutes after the deadline passed, several reports from ESPN's Adam Schefter, NFL Network's Ian Rapoport, Pro Football Talk and Jason La Canfora stated the Chiefs placed the franchise tag on offensive tackle Branden Albert, making him one of the highest-paid tackles in the league at $9.83 million in 2013.
The lone reason for Albert's designation, however, was because the organization and receiver Dwayne Bowe, a former Pro Bowler and league leader in receiving touchdowns, reached a five-year contract deal worth an undisclosed amount.
Kansas City also locked up Pro Bowl punter Dustin Colquitt after the parties reached a five-year deal worth $18.79 million, according to Schefter, making him the highest paid punter in the NFL.
Still, several question marks remain with the Chiefs as many expect defensive lineman Tyson Jackson to restructure his current contract worth $14.72 million, and Glenn Dorsey to be re-signed.
With the first overall pick in April's draft, the Chiefs' options are now wide open. Several mock drafts have one of three offensive tackles at No. 1, while others project one of three top-tier defensive lineman to be selected with the top slot. There are several other options available as the best player, and trading out of the top spot is also a choice.