The Patriots have traded a fourth-round draft pick to the Colts in exchange for Allen and a sixth-round selection, ESPN's Adam Schefter reports.
A source confirmed to FOX59's Chris Hagan the Colts have traded veteran tight end Dwayne Allen to the New England Patriots.
Allen is coming off a season in which he recorded 35 receptions for 406 yards and six touchdowns.
The Patriots are expecting to lose Martellus Bennett to free agency. Should Gronkowski miss time, though, it's doubtful Allen would be able to replicate Bennett's production from the 2016 campaign. In a piece headlined, "Patriots' greatest free-agent impact starts with Matt Forte, Dwayne Allen", the case was made why Allen would be a flawless complement to Gronkowski as a 1-2 tight end punch. And, like Bennett, Allen has plenty of experience and could be the No. 1 TE if Gronk gets hurt, as he tends to do.
Tony Bellew contemplates lucrative future after shock win over David Haye
Before the fight, Bellew was quoted as saying he wouldn't stay at heavyweight after fighting Haye because he wasn't big enough. Bellew would have been down on the judges' scorecards against the relatively slow Haye until Haye's injury in the sixth round.
Bennett, 29, caught 55 passes for 701 yards and seven touchdowns after becoming the starting tight end once Rob Gronkowski was lost for the season with a back injury.
The Patriots can never have enough tight ends, it seems. Doyle signed a contract with the Colts last week. Doyle had 59 catches for 584 yards and 5 touchdowns.
By acquiring Allen through a trade, the Patriots pick up the remaining three years of his contract.
Allen, at 6-foot-3, 265 pounds, is one of the top blocking tight ends in the NFL. Allen, 27, is locked up through 2019 and has cap hits of $4.9 million in 2017, $4 million in 2018 and $7.4 million in 2019. As long as Josh McDaniels is the offensive coordinator in New England, he'll want to use his two tight end sets to help make things easier for quarterback Tom Brady in the passing game.