Steelers Unlikely To Re-Sign WR Mike Wallace After 2012

Discussion in 'Pittsburgh Steelers' started by SRW, Oct 28, 2012.

  1. SRW

    SRW Ex-World's Worst Site Admin

    Mike Wallace, having a subpar season in Pittsburgh while working under the franchise tag, looks set to depart in the offseason barring a major change in the second half of the season. Wallace (29 receptions, 397 yards, 4 TD) has not been a vertical threat this season, has struggled for consistency since coming back from a prolonged holdout, and is no longer the team's top pass-catching option.

    Wallace seems to be struggling with the emergence of recently-extended Antonio Brown as the No. 1 receiver. Wallace's confidence has waned and the Steelers would not be inclined to franchise him a second time, or pay him the $11 million or so a year he was seeking in the offseason, according to a source with knowledge of the situation.

    All signs are pointing to a departure, unless Wallace was seeking to significantly alter his demands, and that's unlikely at this point given his stance last offseason.

    Source: CBS Sports
     
  2. 86WARD

    86WARD -

    He hasn't been a vertical threat because Haley hasn't really run "vertical threat" plays as often as Arians had...lol.
     
  3. Crowned

    Crowned Doesn't give a shit.

    Franchise him, make the decision next year.
     
  4. mj1987us26

    mj1987us26 Super

    How much would the tag cost for him? And how much cap could the Steelers free up?
     
  5. 86WARD

    86WARD -

    I think it was in the neighborhood of $9M? If they release Hampton, I think that covers it alone. I remember it was in the neighborhood of 2-Years $12M to put both tags on Wallace in 2012 and 2013. Which isn't a terrible deal...just back loaded...lol.