As first reported by NFL Network’s Ian Rapoport, the New England Patriots have traded for Indianapolis Colts tight end Dwayne Allen.
— Ian Rapoport (@RapSheet) March 8, 2017
It has yet to be confirmed what the Patriots have given up in return (UPDATE: According to Adam Schefter, the Patriots traded a 4th round pick to the Colts for Allen AND a 6th round pick)
Patriots traded a fourth-round pick to Colts for TE Dwayne Allen and a sixth-round pick, per league sources.
— Adam Schefter (@AdamSchefter) March 8, 2017
This trade all but confirms that the Patriots not even attempt to sign Martellus Bennett. Allen has 3 years remaining on his contract valued at $17.4 million dollars. Last season for the Colts, Allen, 6’6″ 266 lbs, racked up 35 catches for 406 yards and 6 touchdowns.
More on Allen
Allen was the first pick in the 3rd round of the 2012 draft. He signed a rather large contract with the Colts last year, Allen’s cap hit for 2017 will be $4.9m, 2018 it will be $5.0m and in 2019 will be $7.4m. The Patriots will most likely see how 2017 goes, if he does well, they’ll keep him, if not, they’ll cut him before the heavy back end loaded money kicks in. A genius move by Belichick, really.
This is the first trade I can think of that the Patriots have pulled off with the Indianapolis Colts in the Belichick era. I love the move, the Patriots gave up next to nothing to get him. It will be so much fun beating the Colts with their old guy. Welcome to title town Dwayne!