Colts Re-sign Dwayne Allen, Expected To Move On From Fleener

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The Indianapolis Colts have re-signed tight end Dwayne Allen to a four-year, $29.4 million dollar deal. The 26-year-old veteran received a $4 million signing bonus, $16 million guaranteed, and will have an average annual salary of $7.35 million.

The terms of the deal assure Allen, who has battled injuries and split time with fellow tight end Coby Fleener, will be a key cog in an Indianapolis offense that is loaded with offensive weapons. Allen is a strong blocker and reliable red zone target, and has strong fantasy potential if the Colts, as expected, employee less ’12’ formations in 2016.

By spending so much money on Allen, it’s likely that Coby Fleener will ply his trade elsewhere next season. The Colts invested a first-rounder on WR Phillip Dorsett just last season, and, along with TY Hilton and emerging Donte Moncrief, are expecting to run more three-receiver sets and use Allen more as a featured, inline tight end.

The 2016 free agent market for available tight ends was underwhelming, so the Colts did well to retain a player that is familiar with their offense, and is about to enter his prime. With an annual salary exceeding $7 million a season, Allen will have to stay healthy and produce like he did in 2012 and 2014 for this to be a mutually-beneficial deal for both parties.

Fantasy Spin With so many mouths to feed among Indy’s pass-catchers, it will be hard for Allen to be a consistent week-to-week TE1. However, if Fleener departs and Allen plays more of a full-time, featured role, his nose for the endzone certainly keeps him fantasy relevant in the late rounds as a high-upside, borderline fantasy starter.

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