Dwayne Allen has re-signed with the Indianapolis Colts. Jason La Canfora of CBS Sports first reported the move.
Colts have agreed to terms w/Dwayne Allen on new deal. As reported at combine, he was likeliest of their TEs to return. Can block and catch
— Jason La Canfora (@JasonLaCanfora) March 8, 2016
Allen’s new deal puts him as the 8th highest paid tight end per year. Quite the price to pay for a player who only caught 16 passes a year ago. The deal also likely means Colby Fleener who is also a free agent is likely to sign elsewhere. This is significant because Fleener is a former college teammate of Andrew Luck who was drafted by the Colts the same year Luck was.
The contract is reportedly worth 29.4 million over the course of 4 years. This move is quite surprising when you factor in his rather mediocre statistics. The former 3rd round pick has 13 career touchdowns in 4 seasons.
