Bears acquire WR Keenan Allen from Chargers in exchange for fourth-round pick

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Bears acquire WR Keenan Allen from Chargers in exchange for fourth-round pick
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Receiver Keenan Allen declined to restructure his contract with cost-cutting Chargers ahead of trade to Bears.

The Los Angeles Chargers are trading wide receiver Keenan Allen to the Chicago Bears for a fourth-round pick in the 2024 NFL Draft, per FOX Sports' Jay Glazer. So far this offseason, the Bears added Allen, former Eagles RB D'Andre Swift, TE Gerald Everett, S Kevin Byard, C Colemen Shelton and DB Jonathan Owens in hopes of turning around the franchise. Chicago also has the No. 1 and No. 9 picks in next month's NFL Draft after finishing with a 7-10 overall record last season.

He restructured his contract last season, with most of his base salary converted to a roster bonus to give the Chargers more flexibility. The Chargers were $21 million over the salary cap before the start of free agency on Wednesday, and they responded with moves involving the top four players on their roster with the biggest salary cap numbers. They released wide receiver Mike Williams while linebackers Joey Bosa and Khalil Mack agreed to restructure their contracts.

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