Allen contract shuffle means you should draft him

The Chargers have restructured WR Keenan Allen's contract, shaving $8.9 million off his 2023 salary cap number, according to NFL Network's Tom Pelissero. That's big for two reasons: 1) The team opened the offseason with one of the league's worst cap situations. 2) That plus Allen's contract had driven speculation the Chargers would cut or trade him. You can now bet on that not happening. And that makes Allen a strong value in current best ball drafting. His ADP has sat in WR3 range since 2023 drafting began. Even with big-time injury issues last year, Allen still finished the season 12th among WRs in PPR points per game and 13th in half-PPR. L.A. also restructured WR Mike Williams' contract to save another $5.5 million in cap space.

The Athletic's Daniel Popper considers WR Keenan Allen 1 of the Charger's most likely salary cap casualties. (L.A. is currently about $23.5 million over the projected 2023 salary cap.) Allen missed 7 games and most of 2 others with hamstring trouble this past season and turns 31 in April. But he averaged 10.4 targets, 7.5 catches, 84 yards and .5 TDs over 8 healthy regular-season games. And he ranked 12th among 96 qualifying WRs in yards per route run. Allen would draw plenty of interest on the open market if he is released. His departure would be a significant boost to WR Mike Williams and especially WR Josh Palmer. Palmer averaged 7.3 targets, 4.6 catches and 49 yards across 8 games with Allen out or limited this past year.

Chargers WR Keenan Allen finished Saturday's Wild Card game with 6-61 on 13 targets. The massive workload represented a 30.2% target share. It also meant that Allen, 30, finished his 10th pro season with 9 straight games of 5+ catches. He’s currently under contract for 2 more seasons.

Chargers WR Keenan Allen dominated the receiving work in Monday night's win over the Colts. He racked up 11 catches for 104 yards on 14 targets, 45.2% of the team's total pass attempts. WR Mike Williams and RB Austin Ekeler tied for 2nd with 4 targets apiece on a limited passing night. Williams caught all 4 for 76 yards. The Chargers get a home date with the Rams in Week 17, a matchup that has been near-neutral for WR scoring on the year.

NFL Network's Ian Rapoport reports that both Chargers WRs Keenan Allen (hamstring) and Mike Williams (ankle) are expected to play tonight against the Chiefs. Both are officially questionable, which adds some risk to waiting for the Sunday night kickoff. But each also finished the week with a full practice.

Chargers WR Keenan Allen (hamstring) remained sidelined on Thursday. He's a big long shot to play vs. the 49ers this weekend, again leaving Josh Palmer and DeAndre Carter as Los Angeles' top 2 WRs.