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Chiefs’ sign Dwayne Bowe to $56-million deal

Kansas City Chiefs wide receiver Dwayne Bowe

Alex Brandon/AP

Dwayne Bowe said his life changed while on vacation with his family on Monday, when the Kansas City Chiefs called to finalize a contract that makes him the third-highest paid wide receiver in the NFL.

Bowe's five-year, $56-million deal trumps the five-year, $55.5-million free agent contract Vincent Jackson signed with the Tampa Bay Buccaneers in March 2012.

Bowe received a $15-million signing bonus and $26-million of the total contract is guaranteed within the first two years of the deal. He'll have a $750,000 base salary in 2013, $8.75-million in 2014 and $10.75-million in 2015. If he remains on the roster for the 2016 and '17 seasons, he'll have a $9.75-million base salary each year.

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Only Calvin Johnson and Larry Fitzgerald have higher overall and annual salaries than Bowe.

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