TRADE: Colts Sending Leading Receiver Keenan Allen to 49ers

The Indianapolis Colts are being monitored intensely on Tuesday ahead of the NFL's 4:00 p.m. ET trade deadline, as they have several players that teams around the league are interested in.

The Colts finally made a move with a couple of hours remaining before the deadline, agreeing to send wide receiver Keenan Allen to the San Francisco 49ers in exchange for a sixth-round pick in the 2027 NFL Draft.

Allen, 34, is in his 14th season after signing with the Colts as a free agent in August. He spent 12 years with the San Diego/Los Angeles Chargers and one year with the Chicago Bears before rejoining Colts head coach Shane Steichen, who coached him while he was with the Chargers.

In eight games this season, Allen has 40 catches (58 targets) for 351 yards (8.8 avg.) and one touchdown. He leads the team in targets and receptions and trails Josh Downs by three yards for the lead in yards.

Shortly after arriving in Indianapolis, following his first preseason game with the Colts, Allen was arrested downtown for OWI. While he has yet to face discipline from the NFL, it will come when the legal process is completed, which is anticipated to be after the season. This is likely Allen's fine year.

Allen is one of the most statistically accomplished receivers in NFL history and has continued marching through the record books since coming to Indianapolis. After last Sunday's game, in which he caught four passes for 26 yards, Allen now ranks eighth in NFL history in receptions.

In 179 games, Allen has 1,095 catches for 12,402 yards (11.3 avg.) and 71 touchdowns.

Now, without Allen, the Colts have Josh Downs, Laquon Treadwell, Ashton Dulin, Deion Burks, and Anthony Gould on the active roster, and Nick Westbrook-Ikhine, Mecole Hardman, and Quez Watkins on the practice squad. Alec Pierce and D.J. Montgomery are on Injured Reserve.

Downs is widely speculated to also be moved ahead of the deadline.

The Colts have also traded left guard Quenton Nelson to the Seattle Seahawks and defensive tackle DeForest Buckner, also to San Francisco, in recent days.

The Colts are now projected to have the following picks in the 2027 and 2028 drafts:

The Colts do not have a 2027 first-round pick as a result of trading for former New York Jets cornerback Sauce Gardner last season. The Colts traded their original 2027 sixth-round pick to the Buffalo Bills this summer for center Sedrick Van Pran-Granger and a seventh-round pick.