The Indianapolis Colts have struck a deal with veteran wide receiver Keenan Allen.
The 34-year-old wideout reportedly agreed to sign a 1-year deal with the Colts worth up to $8.32 million. NFL reporter Jordan Schultz confirmed the news on Monday night.
BREAKING: The #Colts are signing 6x Pro Bowl WR Keenan Allen to a 1-year deal worth up to $8.32M, multiple sources tell me.
— Jordan Schultz (@Schultz_Report) August 18, 2026
A big-time weapon for Daniel Jones, as Allen reunites with HC Shane Steichen from their days together with the Chargers in a deal done by @ZekeSandhu of… pic.twitter.com/wiBZe3wjSf
Allen spent his first 11 seasons with the Los Angeles Chargers, where he developed into a perennial 1,000-yard pass catcher. The 2017 Comeback Player of the Year earned himself six Pro Bowl nods from 2017 to 2023, only missing out in 2022 due to a lingering hamstring injury.
The Cal alum was traded to the Chicago Bears in 2024, but returned to the Chargers last season on a 1-year deal. He led Los Angeles in targets (122) and catches (81) and ranked second in receiving yards (777) and third in receiving touchdowns (4).
Allen joins a promising Colts wide receiver room headlined by Alec Pierce and Josh Downs. Indianapolis signed Pierce to a $114 million contract in March, the same month he underwent surgery to repair an ankle issue.
Colts head coach Shane Steichen all but confirmed Sunday that Pierce is expected to miss the entirety of training camp. Steichen is very familiar with Allen, whom he coached during his time as the Chargers’ offense coordinator.
With Pierce’s status for the start of the season in question, Allen could play a big role for Indy right away.
