NFL Insider Jordan Schultz has reported that the Indianapolis Colts will sign WR Keenan Allen on a one-year deal.
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's deal will be worth up to $8.32 million for the 6x Pro Bowl wide receiver. The move will reunite Allen with Colts head coach Shane Steichen from their days with the Chargers.
A 2013 third-round selection in the NFL Draft, Allen played for the Chargers for 11 seasons, the Chicago Bears for one year, then back to the Chargers for the 2025 season.
With Colts wide receiver Alec Pierce being on the PUP list (Physically Unable to Perform) with an ankle injury, it appears that he may join camp as WR2 behind Josh Downs.
For his career, Allen has 1,055 regular-season catches for 12,051 yards and 70 touchdowns.
The move will help give Daniel Jones another weapon in Indy. Time will tell how the move will work out, but the Colts needed another receiver, and Allen needed a team while not being ready to hang up his cleats just yet.
This article originally appeared on Touchdown Wire: The Indianapolis Colts will sign veteran 6x Pro Bowler WR Keenan Allen