NFL Network's live draft coverage
Our coverage of the 2012 NFL Draft begins well before the Colts' first-overall pick. Tune in for live coverage beginning at 11 a.m. ET through the first round.
Kansas City Chiefs wideout Dwayne Bowe has no plans to sign his franchise tag soon, a source with knowledge of the situation said Thursday, contrary to an Internet report.
Bowe, like other franchise players who have yet to sign their tags, is hoping to get a long-term deal, but nothing is imminent. The NFL's deadline for franchised players to agree to a long-term contract is July 15.
Bowe would make $9.5 million in 2012 if he signed his franchise tender.