Bears steal Keenan Allen; Justin Herbert lonely

The Chargers are trading WR Keenan Allen to the Bears for a fourth-round pick. That low price clearly comes because of Allen's contract. He carries a $34.7 million cap number, according to Over The Cap. Of course, we don't care about that for fantasy. Allen remained highly productive last season, finishing third among WRs in PPR points per game -- before missing the final four contests. He'll compete with D.J. Moore for the target lead in Chicago, where we're all awaiting confirmation that Caleb Williams will take over at QB. Whoever pilots the Bears offense will have a nice crew of pass-catchers, including new RB D'Andre Swift. Allen's ceiling comes down with the target competition and offense that's almost certain to be less pass-leaning than the Chargers of the past few years. Moore also takes hits to both his floor and ceiling. L.A., meanwhile, has to be a strong candidate to draft a WR fifth overall after dumping both Allen and Mike Williams. Josh Palmer is the top incumbent and looks like a better bet to seize opportunity than Quentin Johnston, who stunk as a 2023 rookie. We'll see how the situation sorts out, but losing Allen obviously hurts QB Justin Herbert. And it further fuels the expectation that the offense will lean much more toward the run under HC Jim Harbaugh and OC Greg Roman. That obviously hurts Herbert's 2024 fantasy outlook. We still believe in the QB's talent, though. So it might be a good time to check Herbert's trade price in dynasty. The whole market has already been down on him this offseason. Check our dynasty rankings to see how these moves affect the players involved.