Given the Chiefs current financial situation, it’s been surprising that there hasn’t been more buzz about him being released in the past few weeks, especially when you consider that his one-game suspension will allow them to get out of some of the guarantees included in his contract.
Bowe, 30, still has another three years remaining on his five-year, $56 million contract that included $26 million guaranteed. He has base salaries of $10.75 million (2015) and $9.75 million (2016-2017) coming his way over the remainder of the agreement.
According to OverTheCap.com, releasing Bowe would free up $5 million in cap space for the Chiefs while creating $9 million in dead money. If they were to designate him as a post-June 1 release, those numbers would improve to $11 million cap savings and $3 million in dead money.
In 2014, Bowe appeared in 15 games for the Chiefs and caught 60 passes for 754 yards receiving and no touchdowns.