In less than three weeks, the Kansas City Chiefs will be faced with many tough decisions to make regarding free agents.
Between re-signing WR Dwayne Bowe and signing new free agents, KC will need to execute a successful strategy in order to be successful.
Here are five keys to their '12 free agency strategy.
On Saturday, ESPN's Adam Shefter reported that the Chiefs will likely slap the franchise tag on Pro Bowl wideout Dwayne Bowe if both sides fail to reach an agreement for a new deal.
Either way, it's imperative that KC is able to re-sign Bowe to any kind of contract.
After watching Kansas City's offense last season, it's clear that their passing attack will struggle without Bowe on the field.
Re-signing Bowe is easily one of the biggest keys to the Chiefs' free agency strategy this year.
Overpaying for unproven players is becoming more and more popular in the NFL these days.
Needless to say, Cassel has failed to match his production with the contract that he was given by KC.
This year's free agent class will have several players who are likely to get overpaid, such as QB Matt Flynn, which is why the Chiefs need to avoid doing this at all costs.
Value signings are something that every GM looks for during free agency each year.
Last year, the Chiefs were able to get Arizona Cardinal wideout Steve Breaston and fullback Le'Ron McClain to cheaper deals.
Since you never want to overpay for a player if you are concerned about his production, it's important to get as much value as you can out of every signing.
Look for KC to continue what they started last year by trying to sign some under the radar free agents like RB Mike Tolbert to cheaper contracts.
Earlier this month, Chiefs GM Scott Pioli stated that Matt Cassel will have competition at the QB position for next season.
No one other than the Chiefs brass seems to know where this will come from at this point, but KC does have a few options right now.
Whether it's Manning, Raiders QB Jason Campbell or current Chiefs QB Kyle Orton, Kansas City needs to either sign or trade for an additional signal-caller this offseason in order to give Cassel all the competition that he can handle.
One of the biggest knocks against Scott Pioli and Chiefs owner Clark Hunt has been their lack of aggressiveness during the free agency period in each of the last three seasons.
In three years, they have failed to sign any big name players, including many guys who could have helped the team in positions of need.
Although it's very possible that KC has been in on many top-tier free agents in the past, it's not acceptable that many of these players wound up with other teams in the end.
With all the cap room that Kansas City will possess this offseason, there is simply no reason why they shouldn't be more aggressive in free agency this year.