Team news: Indianapolis Colts

Keenan Allen was formally charged Tuesday with two misdemeanors stemming from his August arrest: operating a vehicle with an alcohol concentration of at least 0.15 and operating while intoxicated.

Allen posted a $500 cash bond, and his attorneys waived an initial hearing scheduled for Wednesday. An attorney conference is scheduled for Oct. 26. Colts coach Shane Steichen declined to discuss the case Wednesday morning, but Allen was expected to participate in practice.

Related Players: Alec Pierce, Josh Downs, Laquon Treadwell, Tyler Warren

There is currently no indication that the charges will affect Allen’s Week 2 availability. Fantasy managers can proceed normally while monitoring for any response from the Colts or NFL. A future suspension would create additional target opportunities for Pierce, Downs, and Warren, but projecting one at this stage would be premature.

When it comes to Colts practice, wide receiver Alec Pierce is back.

Indianapolis head coach Shane Steichen told reporters Thursday that the Colts’ No. 1 receiver was a full participant in the morning’s practice – potentially the first time Pierce has done so this offseason – just 10 days away from Indianapolis’ Week 1 opener.

Related Players: Josh Downs, Keenan Allen, Ashton Dulin, Deion Burks, Tyler Warren

Full participation with more than a week remaining effectively removes Pierce’s Week 1 availability from the concern list. Indianapolis gave him a four-year extension after consecutive seasons leading the NFL in yards per reception, and Michael Pittman Jr.’s departure creates room for a larger role. This is an ambiguous wide receiver room that feels nice to bet on at a lower draft cost.

Colts WR Keenan Allen was arrested early Sunday morning and charged with driving while intoxicated and DWI endangering a person, both misdemeanors.

Allen was arrested around 1 a.m. ET Sunday morning in downtown Indianapolis. The story is still developing. Allen signed a one-year deal with the Colts earlier this month in what will be his 14th NFL season (12 with the Chargers, one with the Bears). He played in Saturday’s preseason game against the Lions, catching one pass for 24 yards.

Colts WR Keenan Allen and DT DeForest Buckner will play in Saturday’s preseason finale against the Lions, per Colts HC Shane Steichen. Only a few plays, though, which makes sense given their importance to the team.

Related Players: Alec Pierce, Josh Downs, Ashton Dulin, Deion Burks

Allen’s appearance may provide some insight into where he lines up and how quickly Indianapolis intends to integrate him. With Pierce now off PUP and Downs’ calf issue described as minor, Allen remains a late-round depth option as opposed to a mid-round target.

Colts taking WR Alec Pierce off PUP today, per source. Been rehabbing after surgery on left ankle/heel in March.

Related Players: Josh Downs, Keenan Allen, Ashton Dulin, Deion Burks, Tyler Warren

Coming off active/PUP is an important milestone, but Pierce still has to demonstrate that he can handle football activity without a flare-up. His Week 1 outlook is considerably better than it would have been had Indianapolis left him on PUP through Sunday’s deadline. We'll keep an eye on further developments over the next couple weeks.

Tyler Warren might be held out of practice this week. Dealing with groin injury.

There was nothing else to the post, and the use of the word "might" leads us to believe this more on the precautionary side. But, we'll continue to monitor. Warren was having a very nice offseason and training camp, and is one of the top TEs to target in upcoming drafts.

Via multiple reporters, head coach Shane Steichen said on Tuesday morning that receiver Alec Pierce may return to practice later this week, though he will not practice on Tuesday.

Pierce has been sidelined after undergoing offseason ankle surgery. The story said Steichen noted that the team has not had conversations about keeping Pierce on the physically unable to perform list to start the season, which is another sign that the team is planning on having him for early in the season — if not Week 1 itself. The plan was for Pierce to be ready for Week 1, but then reports came out he had another injection in his ankle. However, those reports were a misunderstanding. Pierce just signed an extension with the Colts earlier this year, and is looking like he could be the team's WR1 this season.

Colts TE Tyler Warren is expected to miss about a week with a minor groin injury suffered in training camp, source says. No worries for Week 1.

Related Players: Josh Downs, Alec Pierce, Keenan Allen

Time will tell if we see Warren back out there for the rest of the preseason, but it looks like his Week 1 availability is in no danger. Unless we come across a setback, this should have no impact on how we view any Indy pass-catchers.

3 WR sets now allow Josh Downs to go back to the slot and Keenan Allen goes to the Z

Related players: Alec Pierce, Ashton Dulin, Deion Burks, Nick Westbrook-Ikhine

Adams said two WR sets would still be Pierce and Downs. Allen mostly seems to help the depth of the team, and Adams pointed out the WRs in the 4-6 pecking order will now compete for those roles instead of the WR3 role. So based on that, Allen seems like he'll have a role this season and could be a name to target later in fantasy drafts, especially deeper leagues.

Via Jordan Schultz, Keenan Allen has agreed to terms with the Colts. It’s reportedly a one-year deal worth up to $8.32 million.

Related players Alec Pierce, Josh Downs, Ashton Dulin, Nick Westbrook-Ikhine, Tyler Warren

One has to wonder if this has more to do with Pierce and his availability going forward. Pierce remains on the Physically Unable to Perform list with an ankle injury. Allen, now 34, is more like the fourth option when the Colts are healthy, but with Pierce still not on the field, he's more of a potential third option. Allen is worth grabbing later in drafts or if he's on your free agent wire as there seems to be a path toward some fantasy relevance, at least in deeper leagues.