Bears acquire WR Keenan Allen from Chargers for 4th-rounder (2024)

CHICAGO -- The Chicago Bears made their biggest splash in free agency Thursday night, sending a fourth-round pick to the Los Angeles Chargers in exchange for wide receiver Keenan Allen, the teams announced.

Allen, 31, is entering the final year of the four-year contract extension he signed in 2020 and is due a $5 million roster bonus Sunday. After declining to take a pay cut from the Chargers, he has a new home in the Bears' offense opposite wideout DJ Moore.

Allen, a six-time Pro Bowl selection, will reunite with wide receivers coach Chris Beatty, who coached the same position with the Chargers from 2021 to '23. Allen caught a career-high 108 passes last season and posted the second-best output of his 11-year career with 1,243 yards and seven touchdowns. It marked the sixth time in Allen's career that he crossed 1,000 receiving yards.

Chicago has four picks remaining in the draft (Nos. 1, 9, 75, and 122 via Philadelphia) after sending one of two fourth-round picks (No. 110) to the Chargers on Thursday.

"We're extremely excited to add Keenan to our team," Bears general manager Ryan Poles said. "His body of work speaks for itself and we look forward to him elevating our offense."

After catching passes from Justin Herbert over the past four seasons, Allen will be working with a new quarterback in 2024. Bears incumbent Justin Fields is set to enter his fourth NFL season while Chicago is expected to use the No. 1 pick on a quarterback, with USC's Caleb Williams the consensus top pick. Poles has intimated that he would be open to trading Fields this offseason, but as the first wave of free agency draws to a close, Fields, 25, remains on the Bears roster with over a month until the draft.

Last month at the NFL combine, coach Matt Eberflus noted the priority of adding more players to Chicago's wide receiver room. Former Bears receiver Darnell Mooney signed a three-year contract with the Atlanta Falcons in free agency, leaving Moore, Velus Jones Jr., Tyler Scott and Nsimba Websteras the only receivers on the Bears' roster. Webster has spent the majority of his career in Chicago on the practice squad.

"We don't have a lot of depth there, first of all," Eberflus said last month. "That's the first part. Adding some dynamic pieces there through free agency or through the draft potentially, so to me when you're trying to defend that, when you have a weapon at tight end and you have a weapon at the X receiver like DJ. When you add a piece or two to the other side, it really balances you out. It's hard to defend for sure."

The addition of Allen gives Chicago another bona fide star at wide receiver. He is coming off his fifth season with 100 receptions, which is tied for the third most in NFL history, trailing only Antonio Brown and Brandon Marshall. Allen also holds the record for most games with 15 receptions (3) and ranks fourth all time for most games with 10 receptions. He had four games with 10 receptions last season, tied for the second most in the NFL.

Allen is the third skill player the Bears have added on offense this week, along with former Chargers tight end Gerald Everett, who agreed to a two-year contract, and running back D'Andre Swift, who signed a three-year, $24 million contract on Thursday.

Allen was among four Chargers players who entered the offseason with cap hits upwards of $30 million next season, along with outside linebackers Khalil Mack and Joey Bosa and wide receiver Mike Williams, whom the team released Wednesday, saving $20 million this year. The players represented four of the five highest non-quarterback cap hits in the NFL.

Allen's departure always seemed unlikely, though. He was the longest-tenured player on the Chargers, drafted by the team in the third round in 2013. He has the franchise records for yards and receptions by a receiver. Most important, Allen had perhaps the best season of his career in 2023. Despite missing the final four games with a heel injury, he set the Chargers' single-season record for receptions and was the most reliable weapon in a receiving corps that was inconsistent throughout the season.

"What Keenan Allen has meant to the Chargers for more than a decade cannot adequately be expressed through mere words," Chargers owner Dean Spanos said in a prepared statement Thursday night. "There will only be one Keenan Allen, and we cannot thank him enough for the contributions he has made to our organization both on and off the field."

In January, Allen was the most vocal among the Chargers' stars about wanting to stay in Los Angeles. Mack said he understood that the NFL was a business, Bosa never spoke publicly about his future and Williams said he wanted to return, but didn't do so as emphatically as Allen.

"I don't want to go nowhere else," Allen said then. "I've been here 10 years, like you said, the longest guy on the team, so I'm not looking forward to anything else."

Allen went on to say he would play for only a select few teams if he were traded -- otherwise, he would retire.

"If It did come down to that, adios, amigos," Allen said then with a smile. "I'll get picked up in the offseason or right before the playoffs like them old heads are doing."

But the general manager who drafted Allen, Tom Telesco, is gone, and new general manager Joe Hortiz and head coach Jim Harbaugh don't have the same ties to Allen.

With Allen's departure, Joshua Palmer and Quentin Johnston are the Chargers' top receivers. L.A. has the No. 5 pick in the draft, and considering the loaded receiver class, it seems likely that the Chargers will now look at that position.

ESPN's Kris Rhim contributed to this report.

Bears acquire WR Keenan Allen from Chargers for 4th-rounder (2024)

FAQs

Did the Bears acquired wide receiver Keenan Allen from the Chargers? ›

The Bears on Thursday acquired six-time Pro Bowl receiver Keenan Allen in a blockbuster trade from the Chargers in exchange for a 2024 fourth-round draft pick (No. 110), pending a physical. "We're extremely excited to add Keenan to our team," general manager Ryan Poles said.

What did the Bears get for their 4th round pick? ›

CHICAGO (CBS) -- The Chicago Bears on Thursday night traded their fourth-round draft pick to the Los Angeles Chargers for six-time Pro Bowl receiver Keenan Allen.

What pick did the Bears trade for Keenan Allen? ›

But the two sides couldn't agree on an adjusted contract, and the Chargers traded Allen to the Bears for a fourth-round pick (No. 110) on March 14.

How much did the Chargers save by trading Keenan Allen? ›

Harbaugh said he wanted to keep Allen. But he attributed the trade to the “business part of the NFL.” The Chargers saved $23.1 million by trading Allen.

How much do the bears have to pay Keenan Allen? ›

WR Keenan Allen

Contract details: Signed a four-year contract worth $80.1 million with $13.5 million signing bonus and $43 million guaranteed. In 2024, his base salary is $18.1 million with a roster bonus of $5 million.

Why did the Chargers trade Keenan Allen? ›

Then we were informed of the Chargers' intention to trade Keenan Allen." While there are differing stories as to what happened, one thing that's clear is that the Chargers wanted Allen to take a pay cut, something he was unwilling to do despite his desire to remain with the franchise.

How did the bears get a 5th round pick? ›

The Bears then traded back into the draft, acquiring a 5th-round selection in a deal with the Buffalo Bills.

Why do the bears only have four draft picks? ›

With the acquisition of six-time Pro Bowl receiver Keenan Allen, the Bears have now traded five of their seven picks in the 2024 draft. The deal leaves them with the following four selections in the April 25-27 draft (round/pick): 1-1 (from Panthers)

How much does Keenan Allen make a year? ›

Keenan Allen signed a 4 year , $45,000,000 contract with the San Diego Chargers, including $9,500,000 signing bonus, $20,656,000 guaranteed, and an average annual salary of $11,250,000.

What round pick was Keenan Allen? ›

Allen with the Chargers during his rookie season in 2013. Allen was selected in the third round, 76th overall, by the San Diego Chargers in the 2013 NFL draft, though the team already had solid depth at the wide receiver position. He was the highest selected wide receiver from Cal since DeSean Jackson in 2008.

Did the Chargers offered WR Keenan Allen an extension before trading him to the Bears? ›

Chargers offered Keenan Allen contract extension before Bears trade, GM says. Six-time Pro Bowl wideout Keenan Allen received multiple contract options to remain with the Los Angeles Chargers, including an extension, before being traded, Chargers general manager Joe Hortiz said in a Thursday news conference.

Who is the old owner of the Chargers? ›

He is the son of Alex Spanos, who purchased majority interest in the team in 1984. Dean Spanos took over daily operations from his father in 1994, becoming president and CEO, until he passed operations to his own sons in 2015. Dean took over full ownership after his father's death in 2018. Stockton, California, U.S.

How much money did the Chargers make last year? ›

Los Angeles Chargers revenue from 2001 to 2022 (in million U.S. dollars)
CharacteristicRevenue in million U.S. dollars
2022518
2021491
2020339
2019392
9 more rows
Oct 12, 2023

What wide receiver did the Bears trade? ›

The Chicago Bears made their biggest acquisition of the offseason up to this point, trading for Los Angeles Chargers Pro Bowl wide receiver Keenan Allen in exchange for their fourth-round pick (No. 110).

How many years do the Bears have Keenan Allen? ›

Keenan Allen
No. 13 – Chicago Bears
NFL draft:2013 / Round: 3 / Pick: 76
Career history
San Diego / Los Angeles Chargers (2013–2023) Chicago Bears (2024–present)
Roster status:Active
18 more rows

Who is the Bears #1 wide receiver? ›

DJ Moore | Player Profile

Bears wide receiver D.J. Moore has been revered by his teammates everywhere he has played. He will be the first one to tell you he loves leading by example as well.

Who did the Bears draft for wide receiver? ›

9. After selecting USC quarterback Caleb Williams at No. 1, the Bears further bolstered their offense by choosing Washington receiver Rome Odunze at No.

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