What happened: The Indianapolis Colts received a sixth-round draft pick from the San Francisco 49ers in exchange for veteran wide receiver Keenan Allen. The trade finalizes compensation ahead of Tuesday's deadline.

Why it matters: The 7-1 49ers add an experienced receiver as they hold the top seed in the NFC. The 2-7 Colts acquire future draft capital following a five-game losing streak.

By the numbers: Allen has caught 40 passes for 351 yards and 1 touchdown in 2026 through 8 games.

What to watch: Both clubs finalize their active rosters ahead of the 4 p.m. ET trade cutoff on Tuesday.

Sources