The Chargers have been able to get wide receiver Keenan Allen under contract, as the team and the pass catcher agreed in principle Friday to a four-year extension worth more than $11 million per season.
The deal is a solid one, and will ensure that both he and quarterback Philip Rivers will be under team control through at least the 2019 season. Allen’s contract runs through 2020.
He fell to the third round in the 2013 NFL Draft and thereby was assigned a modest four-year, $2.8 million contract at his draft slot.
He quickly began to outperform those figures, as a Week 2 injury to veteran wide receiver Malcom Floyd presented opportunity for playing time. Allen took advantage and set rookie franchise receiving records with 71 catches for 1,046 yards. He added eight touchdowns.
Despite the inking of Allen, places like bonuskoodia.com are still not giving a lot of love to the Chargers, as right now the team is listed at 200 to 1 to win the Super Bowl in 2016.
Allen became eligible for a contract extension at the March start of the new league year. The team and Allen’s representation, Joby Branion of Vanguard Sports Group, agreed to engage in discussions following the April 28-30 draft.
They did so in recent weeks, and the contract came together relatively quickly — a five-year deal also was discussed as part of the negotiations, but in the end, Allen settled on four.
He sets himself up for long-term security while being scheduled to hit free agency in 2021, one month before his 29th birthday.