Trade: 49ers Trading For Colts WR Keenan Allen

The Colts move on from the veteran in exchange for a 2027 sixth-round pick, per Pelissero, adding another pick to their stash next year as they rebuild. 

Allen played for the Chargers for years and has tried to prioritize landing with a team on the West Coast the past two offseasons. He finally gets his wish, plus ends up with more of a contender. 

Allen, 34, is a former third-round pick of the Chargers back in 2013. He was entering the final year of his five-year, $46.671 million contract that included $20 million guaranteed when the Chargers signed him to a four-year, $80 million extension. 

In March 2024, Allen was traded from the Chargers to the Bears for a 2024 fourth-round pick. He made a base salary of $18,100,000 for the 2024 season, the final year of his contract and then signed a one-year deal back with the Chargers for 2025.

Allen signed on with the Colts on a one-year deal worth around $8 million for the 2026 season. 

In 2026, Allen has appeared in eight games for the Colts and caught 40 passes on 58 targets for 351 yards and a touchdown.