The Chiefs agreed to terms with wide receiver Dwayne Bowe on a five-year contract Monday and effectively kept their other top potential free agent, left tackle Branden Albert, off the market by declaring him a franchise player.

The Chiefs also agreed to contract terms with punter Dustin Colquitt, another potential free agent.

By designating Albert as a franchise player, the Chiefs have offered him a one-year contract worth $8.83 million.

Bowe, who the Chiefs made a franchise player last season after both sides couldn’t agree on a long-term contract, has been the Chiefs’ leading receiver for the past four seasons following Tony Gonzalez’s trade to Atlanta.

Colquitt had one of the best seasons of his NFL career last season, when he was chosen to the AFC’s Pro Bowl team. According to ESPN’s Adam Schefter, Colquitt’s contract is for five years and $18.75 million, making him the highest-paid punter in the NFL.

The Chiefs did not disclose the terms of Colquitt’s contract.