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The Indianapolis Colts are trading wide receiver Keenan Allen to the San Francisco 49ers, according to The Ringer's Tom Pelissero.
In return, the Colts are receiving a 2027 sixth-round selection from San Francisco. The Colts also recently traded DT DeForest Buckner to the 49ers.
This season with the Colts, Allen has been a go-to target of Daniel Jones, catching 40 passes for 351 yards and a touchdown, with 20 receptions picking up a first down. However, he's averaging only 8.8 yards per reception.
Allen is first on the team in targets and receptions, and is second in yards.
The 2026 season is Allen's 14th in the NFL and first with the Colts. He is a six-time Pro Bowler and entered the season having caught 1,055 career passes for 12,051 yards with 70 touchdowns.
Allen signed a one-year deal with the Colts this offseason, worth up to $3.32 million.