Fleener, who has twice as many career receptions than Allen in their four years together with the Colts, will earn an average of $7.2 million on a five-year deal with the Saints.
Per a source with knowledge of the contract, Fleener will receive $8 million to sign, along with a fully-guaranteed base salary of $800,000 for 2016 and a fully-guaranteed base salary of $5.8 million for 2017. Of his $6.3 million base salary for 2018, $3.4 million of it is guaranteed for injury only. The $3.4 million becomes fully-guaranteed on the third day of the 2018 waiver period.
Fleener has a non-guaranteed base salary of $6.3 million in 2019, along with a $500,000 roster bonus due in March 2019 and up to $500,000 in per-game roster bonuses. He also has a non-guaranteed base salary of $6.4 million in 2020, with the same $500,000 roster bonus due in March 2020 and up to $500,000 in per-game roster bonuses.
The deal also includes $100,000 annual workout bonuses in 2017 through 2020.
The full guarantee at signing is $14.6 million, and the deal pays out $8.8 million in 2016, $14.7 million through 2017, $21.1 million through 2018, and $28.5 million through 2019. In contrast, Allen gets $12 million in 2016, $17 million total through 2017, $22 million through 2018, and $29.4 million through 2019.
Obviously, Allen also will get back to the market one year earlier than Fleener.