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Mike Wallace to be Tendered, not tagged (1 Viewer)

'bengalbuck said:
People keep mentioning the Bengals as a possibility and I just don't see it. The combination of money + losing a 1st doesn't make any sense.For example, for the money involved, you could sign the best OG in the NFL in Carl Nicks and pay your #21 pick (Kendall Wright? Michael Floyd? Stephen Hill?). To me, a mid-1st round WR + a 9-10 million dollar per year free agent is easily more valuable. Carl Nicks + Kendall Wright is better than Mike Wallace. I think any smart team has to put a ton of value on those early draft picks that give you 4 years of what is likely to be a very good player for extremely little cash.
That sounds great, but you'll have to wait until 2017 to pull that off. Nicks signed with the Bucs.The top FAs are gone. If the Bengals are going to use their 1st on a WR, then it absolutely makes sense to use it on Wallace. Late 1st round WRs don't always turn out to be very good players.Wallace clearly won't get 120 million. His leverage is 2.7 this year, 9-10 next year, and 10-12 the following year. It's 22-25 million over the next 3 years and if he signs a contract with someone, his guaranteed portion likely won't top 30 million over the next 3 years. After that, it doesn't matter what the contract says.
 
@AdamSchefter: RT @chrissydahitman: What's the word on Mike Wallace? ... Unless there's an unexpected move no one sees coming, he'll be back in Pittsburgh.

 
Why does nobody want to sign Mike Wallace?

The NFL Annual Meeting wrapped up Wednesday, and there wasn't a hint of a rumor regarding Pittsburgh Steelers wide receiver Mike Wallace. That surely pleases Steelers coach Mike Tomlin, who isn't thinking about what would happen if another team signed Wallace.

"We'll cross that bridge when we come to it -- if we come to it," Tomlin said.

At this stage, there is no indication that any team will sign Wallace to an offer sheet. Here are the best reasons we can come up with:

It's too early

Teams have until April 20 to sign restricted free agents to an offer sheet. Unrestricted free agents get the most attention early in the process, and teams then start looking closer at restricted players. Perhaps a team is out there biding its time.



He's too expensive

There have been reports Wallace wants more than $100 million in a contract. He wants Larry Fitzgerald money. If that's true, the cost of the contract, plus a first-round draft pick, could make him too expensive.

He's not versatile

Wallace doesn't fit every offense. He doesn't go over the middle or help you on special teams like DeSean Jackson. There is some question about his ability to transfer to many offensive systems. Antonio Brown is the far more versatile receiver. Wallace, you could argue, is a one-trick pony. Of course, it's a pretty nifty trick.

The logical teams don't need him

The San Francisco 49ers and New England Patriots were rumored to be two possible fits for Wallace, but both teams signed multiple free-agent wide receivers and no longer appear to have a need. The Chicago Bears traded for Brandon Marshall. The Jacksonville Jaguars pick too high. The Cincinnati Bengals have two first-round picks, but perhaps they don't see A.J. Green and Wallace fitting together on the field. Or under the salary cap.

Where there's no smoke, there's probably a lack of fire. We think Wallace would be well worth a mid-to-late first-round pick and a handsome contract, but it looks unlikely to happen. That's exactly what Tomlin expects.

"Business will take care of itself, but Mike will report and be the guy that he's always been in my mind, and that's a guy that has a desire to be the best and a guy that's willing to work daily to be the best," Tomlin said Tuesday.

For at least one more year, it appears Wallace will be working in Pittsburgh.
 
Mike Wallace reportedly has no plans to sign his tenderPosted by Josh Alper on April 11, 2012, 5:32 PM EDTThere’s no sign that another team is going to offer Mike Wallace a contract before the deadline to sign restricted free agents passes on April 20th, but that isn’t moving Wallace closer to signing his tender from the Steelers.Adam Schefter of ESPN reported on NFL Live Wednesday that Wallace has no plans to sign his tender, which would pay him $2.742 million, and will sit out the team’s offseason activities if he doesn’t get a new deal. Per Schefter, the two sides have had a hard time finding common ground on a new contract, which sets the stage for a long absence if Wallace goes through with this course of action.It’s not a tactic that has met with much success in the past since teams know players need to eventually report to work in order to accrue the last year they need to become unrestricted free agents. We’re a long way off from that point, but it is the biggest piece of leverage that teams have in these standoffs.For the Steelers, any deal they might reach with Wallace has bigger ramifications as well. Antonio Brown will be a restricted free agent next year and anything they do with Wallace will become the starting point for any negotiations with Brown.
 
Mike Wallace reportedly has no plans to sign his tenderPosted by Josh Alper on April 11, 2012, 5:32 PM EDTThere’s no sign that another team is going to offer Mike Wallace a contract before the deadline to sign restricted free agents passes on April 20th, but that isn’t moving Wallace closer to signing his tender from the Steelers.Adam Schefter of ESPN reported on NFL Live Wednesday that Wallace has no plans to sign his tender, which would pay him $2.742 million, and will sit out the team’s offseason activities if he doesn’t get a new deal. Per Schefter, the two sides have had a hard time finding common ground on a new contract, which sets the stage for a long absence if Wallace goes through with this course of action.It’s not a tactic that has met with much success in the past since teams know players need to eventually report to work in order to accrue the last year they need to become unrestricted free agents. We’re a long way off from that point, but it is the biggest piece of leverage that teams have in these standoffs.For the Steelers, any deal they might reach with Wallace has bigger ramifications as well. Antonio Brown will be a restricted free agent next year and anything they do with Wallace will become the starting point for any negotiations with Brown.
Wouldn't expect him to.
 
Mike Wallace reportedly has no plans to sign his tenderPosted by Josh Alper on April 11, 2012, 5:32 PM EDTThere’s no sign that another team is going to offer Mike Wallace a contract before the deadline to sign restricted free agents passes on April 20th, but that isn’t moving Wallace closer to signing his tender from the Steelers.Adam Schefter of ESPN reported on NFL Live Wednesday that Wallace has no plans to sign his tender, which would pay him $2.742 million, and will sit out the team’s offseason activities if he doesn’t get a new deal. Per Schefter, the two sides have had a hard time finding common ground on a new contract, which sets the stage for a long absence if Wallace goes through with this course of action.It’s not a tactic that has met with much success in the past since teams know players need to eventually report to work in order to accrue the last year they need to become unrestricted free agents. We’re a long way off from that point, but it is the biggest piece of leverage that teams have in these standoffs.For the Steelers, any deal they might reach with Wallace has bigger ramifications as well. Antonio Brown will be a restricted free agent next year and anything they do with Wallace will become the starting point for any negotiations with Brown.
Wouldn't expect him to.
He will either sign it or a long term deal. He has no power in this situation.
 
Mike Wallace reportedly has no plans to sign his tender

Posted by Josh Alper on April 11, 2012, 5:32 PM EDT

There’s no sign that another team is going to offer Mike Wallace a contract before the deadline to sign restricted free agents passes on April 20th, but that isn’t moving Wallace closer to signing his tender from the Steelers.

Adam Schefter of ESPN reported on NFL Live Wednesday that Wallace has no plans to sign his tender, which would pay him $2.742 million, and will sit out the team’s offseason activities if he doesn’t get a new deal. Per Schefter, the two sides have had a hard time finding common ground on a new contract, which sets the stage for a long absence if Wallace goes through with this course of action.

It’s not a tactic that has met with much success in the past since teams know players need to eventually report to work in order to accrue the last year they need to become unrestricted free agents. We’re a long way off from that point, but it is the biggest piece of leverage that teams have in these standoffs.

For the Steelers, any deal they might reach with Wallace has bigger ramifications as well. Antonio Brown will be a restricted free agent next year and anything they do with Wallace will become the starting point for any negotiations with Brown.
Wouldn't expect him to.
He will either sign it or a long term deal. He has no power in this situation.
The team has already admitted to working on a long term deal with Wallace, these two parties wont repeat the "VJax-Chargers" idiocy on this stuff. But he wont be signing the tender, neither side is actually wanting that as the outcome.
 
Mike Wallace reportedly has no plans to sign his tender

Posted by Josh Alper on April 11, 2012, 5:32 PM EDT

There’s no sign that another team is going to offer Mike Wallace a contract before the deadline to sign restricted free agents passes on April 20th, but that isn’t moving Wallace closer to signing his tender from the Steelers.

Adam Schefter of ESPN reported on NFL Live Wednesday that Wallace has no plans to sign his tender, which would pay him $2.742 million, and will sit out the team’s offseason activities if he doesn’t get a new deal. Per Schefter, the two sides have had a hard time finding common ground on a new contract, which sets the stage for a long absence if Wallace goes through with this course of action.

It’s not a tactic that has met with much success in the past since teams know players need to eventually report to work in order to accrue the last year they need to become unrestricted free agents. We’re a long way off from that point, but it is the biggest piece of leverage that teams have in these standoffs.

For the Steelers, any deal they might reach with Wallace has bigger ramifications as well. Antonio Brown will be a restricted free agent next year and anything they do with Wallace will become the starting point for any negotiations with Brown.
Wouldn't expect him to.
He will either sign it or a long term deal. He has no power in this situation.
The team has already admitted to working on a long term deal with Wallace, these two parties wont repeat the "VJax-Chargers" idiocy on this stuff. But he wont be signing the tender, neither side is actually wanting that as the outcome.
If Mike wont sign a reasonable deal before the draft, he's as dead to me as Mike Wallace.If he thinks he's seriously worth top 5 WR money, I hope we trade him day 1 of the draft and get big returns.

 
'Kenny Powers said:
Mike Wallace reportedly has no plans to sign his tender

Posted by Josh Alper on April 11, 2012, 5:32 PM EDT

There’s no sign that another team is going to offer Mike Wallace a contract before the deadline to sign restricted free agents passes on April 20th, but that isn’t moving Wallace closer to signing his tender from the Steelers.

Adam Schefter of ESPN reported on NFL Live Wednesday that Wallace has no plans to sign his tender, which would pay him $2.742 million, and will sit out the team’s offseason activities if he doesn’t get a new deal. Per Schefter, the two sides have had a hard time finding common ground on a new contract, which sets the stage for a long absence if Wallace goes through with this course of action.

It’s not a tactic that has met with much success in the past since teams know players need to eventually report to work in order to accrue the last year they need to become unrestricted free agents. We’re a long way off from that point, but it is the biggest piece of leverage that teams have in these standoffs.

For the Steelers, any deal they might reach with Wallace has bigger ramifications as well. Antonio Brown will be a restricted free agent next year and anything they do with Wallace will become the starting point for any negotiations with Brown.
Wouldn't expect him to.
He will either sign it or a long term deal. He has no power in this situation.
The team has already admitted to working on a long term deal with Wallace, these two parties wont repeat the "VJax-Chargers" idiocy on this stuff. But he wont be signing the tender, neither side is actually wanting that as the outcome.
If Mike wont sign a reasonable deal before the draft, he's as dead to me as Mike Wallace.If he thinks he's seriously worth top 5 WR money, I hope we trade him day 1 of the draft and get big returns.
Im sure he is losing sleep, let the guy cash in, its one of the few times he will have the opportunity too.
 
It's all posturing at this point. If Wallace doesn't line up another suitor by April 20 he loses considerable leverage in contract negotiations.

 
'Kenny Powers said:
If he thinks he's seriously worth top 5 WR money, I hope we trade him day 1 of the draft and get big returns.
The returns won't be bigger than a late 1st.
I'll gladly take that.
The point is they're not going to get a late 1st. Any team that wanted him at that price would simply sign him to their own contract, not give up the pick after signing him to a deal that another team negotiated.
 
I would like to see the Rams give their 2nd round 7th pick for Wallace. Then the Rams can trade down at the #6 overall to somebody else that loves Blackmon.

 
I would like to see the Rams give their 2nd round 7th pick for Wallace. Then the Rams can trade down at the #6 overall to somebody else that loves Blackmon.
The new CBA does not bind a team from having to pay exorbitant sums of guaranteed money to unproven high draft pick rookies. Might be better to try and land a promising rookie wr like Blackmon or Floyd and save the money. They could even trade back and still nab Floyd later on in the first. Steelers would need more than a 2nd round pick for Wallace.
 
I would like to see the Rams give their 2nd round 7th pick for Wallace. Then the Rams can trade down at the #6 overall to somebody else that loves Blackmon.
The new CBA does not bind a team from having to pay exorbitant sums of guaranteed money to unproven high draft pick rookies. Might be better to try and land a promising rookie wr like Blackmon or Floyd and save the money. They could even trade back and still nab Floyd later on in the first. Steelers would need more than a 2nd round pick for Wallace.
Excellent point
 
Not sure why they're automatically assuming Pittsburgh would receive a 3rd round compensatory pick if Wallace leaves as an UFA. It would depend on what other free agents they sign in 2013.
It would be at best the last pick in the 3rd, but more likely would be at least a 4th. I think they'd rather take a 2nd this year if it's offered.
 
Not sure why they're automatically assuming Pittsburgh would receive a 3rd round compensatory pick if Wallace leaves as an UFA. It would depend on what other free agents they sign in 2013.
It would be at best the last pick in the 3rd, but more likely would be at least a 4th. I think they'd rather take a 2nd this year if it's offered.
If the Steelers were interested in parting with Wallace they'd have put a 2nd round RFA tender on him instead of a 1st.
 
Not sure why they're automatically assuming Pittsburgh would receive a 3rd round compensatory pick if Wallace leaves as an UFA. It would depend on what other free agents they sign in 2013.
It would be at best the last pick in the 3rd, but more likely would be at least a 4th. I think they'd rather take a 2nd this year if it's offered.
I'd rather have Wallace for all or part of 2012 plus a late 2013 3rd than just a 2012 2nd. Offers could come in that might change that stance, but in a vacuum it's really not close based on just those variables.If Wallace signs a 2013 deal anywhere close to what VJax got, a 3rd rounder as a comp pick really isn't in doubt.

 
If he holds out and/or doesn't sign a long term deal this year, he will be franchised next year and really have his hands tied. I understand he wants to get paid but he is a little crazy in his self valuation.

 
If he holds out and/or doesn't sign a long term deal this year, he will be franchised next year and really have his hands tied. I understand he wants to get paid but he is a little crazy in his self valuation.
If he gets franchised that makes his point correct about his value.
 
I'm sure that Wallace, Bus Cook and the Steelers would all prefer to avoid a 1-year franchise tag in 2013. If Wallace doesn't find another partner before 4/20 the Steelers gain immediate advantage in long-term negotiations. They have Wallace for under $3 mill in 2012 and the option of franchising him in 2013 for $10-12 mill. My two cents but worst case I think the Steelers can get Wallace on a 2-year deal like Finley signed in GB. In this case 2 years/ $13-15 mill with most of it upfront. That buys Wallace security and makes him a FA when the cap explodes in 2014 and buys the Steelers time to determine whether Wallace or Antonio Brown is their franchise WR.

 
I'm sure that Wallace, Bus Cook and the Steelers would all prefer to avoid a 1-year franchise tag in 2013. If Wallace doesn't find another partner before 4/20 the Steelers gain immediate advantage in long-term negotiations. They have Wallace for under $3 mill in 2012 and the option of franchising him in 2013 for $10-12 mill. My two cents but worst case I think the Steelers can get Wallace on a 2-year deal like Finley signed in GB. In this case 2 years/ $13-15 mill with most of it upfront. That buys Wallace security and makes him a FA when the cap explodes in 2014 and buys the Steelers time to determine whether Wallace or Antonio Brown is their franchise WR.
Why is Wallace worth the 10-12MM franchise tag next year, but he is not worth 10-12MM this year?
 
With the cap it's all about average per year. The Steelers would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.

 
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I'm sure that Wallace, Bus Cook and the Steelers would all prefer to avoid a 1-year franchise tag in 2013. If Wallace doesn't find another partner before 4/20 the Steelers gain immediate advantage in long-term negotiations. They have Wallace for under $3 mill in 2012 and the option of franchising him in 2013 for $10-12 mill. My two cents but worst case I think the Steelers can get Wallace on a 2-year deal like Finley signed in GB. In this case 2 years/ $13-15 mill with most of it upfront. That buys Wallace security and makes him a FA when the cap explodes in 2014 and buys the Steelers time to determine whether Wallace or Antonio Brown is their franchise WR.
Why is Wallace worth the 10-12MM franchise tag next year, but he is not worth 10-12MM this year?
Because they didn't need to use the franchise tag to retain his rights when the RFA tender would do.The better question would be why would they franchise him and pay him almost 10 mil per season when they believed he could be retained for far less with the RFA tender? And apparently were correct in that assessment.Next year the franchise tag may be the only option, this year it wasn't.
 
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With the cap it's all about average per year. The Steelers would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.
So it is all about the Steelers, not what Mike Wallace is worth?
As of Friday 4/20 the Steelers hold the cards. If you're Mike Wallace is it more appealing to play one year at a time with under $3 mill guaranteed in 2012 or would you rather get a nice signing bonus and hit the FA market in 2014?
 
With the cap it's all about average per year. The Steelers would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.
So it is all about the Steelers, not what Mike Wallace is worth?
No. It's all about the rules of the business.When Wallace actually is in a position to negotiate a contract then his "worth" is a valid topic. That happens when and if the Steelers choose to negotiate. If they don't they still own his rights.Until then he's a RFA that is worth 2.7 mil for 16 games of his effort. He can decide how many to play, but it is a 100% certainty he will choose to play at least 6 even if they don't reach a long term agreement.Wallace should feel fortunate that the Steelers signed him to a 3 year deal when a 4 year deal was far more the norm for rookie contracts.
 
With the cap it's all about average per year. The Steelers would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.
So it is all about the Steelers, not what Mike Wallace is worth?
No. It's all about the rules of the business.When Wallace actually is in a position to negotiate a contract then his "worth" is a valid topic. That happens when and if the Steelers choose to negotiate. If they don't they still own his rights.Until then he's a RFA that is worth 2.7 mil for 16 games of his effort. He can decide how many to play, but it is a 100% certainty he will choose to play at least 6 even if they don't reach a long term agreement.Wallace should feel fortunate that the Steelers signed him to a 3 year deal when a 4 year deal was far more the norm for rookie contracts.
The Chargers did not win when vjax held out. Your business model is a losing one.
 
With the cap it's all about average per year. The Steelers would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.
So it is all about the Steelers, not what Mike Wallace is worth?
No. It's all about the rules of the business.When Wallace actually is in a position to negotiate a contract then his "worth" is a valid topic. That happens when and if the Steelers choose to negotiate. If they don't they still own his rights.Until then he's a RFA that is worth 2.7 mil for 16 games of his effort. He can decide how many to play, but it is a 100% certainty he will choose to play at least 6 even if they don't reach a long term agreement.Wallace should feel fortunate that the Steelers signed him to a 3 year deal when a 4 year deal was far more the norm for rookie contracts.
The Chargers did not win when vjax held out. Your business model is a losing one.
Exactly. I was pissed that AJ didn't take a 2nd for VJax in 2010. That pick was Kyle Rudolph, BTW.
 
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With the cap it's all about average per year. The Steelers would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.
So it is all about the Steelers, not what Mike Wallace is worth?
No. It's all about the rules of the business.When Wallace actually is in a position to negotiate a contract then his "worth" is a valid topic. That happens when and if the Steelers choose to negotiate. If they don't they still own his rights.Until then he's a RFA that is worth 2.7 mil for 16 games of his effort. He can decide how many to play, but it is a 100% certainty he will choose to play at least 6 even if they don't reach a long term agreement.Wallace should feel fortunate that the Steelers signed him to a 3 year deal when a 4 year deal was far more the norm for rookie contracts.
The Chargers did not win when vjax held out. Your business model is a losing one.
Who said anything about winning?I just pointed out the facts of the situation.I've said all along that once no tenders are offered I believe Wallace will be in a position where it is mutually beneficial to sign a long term deal with the Steelers at or near his actual market value. Win-win is my hope.You asked why Wallace was not worth franchising in 2012...I simply answered. I didn't provide a business model.
 
With the cap it's all about average per year. The Steelers would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.
So it is all about the Steelers, not what Mike Wallace is worth?
No. It's all about the rules of the business.When Wallace actually is in a position to negotiate a contract then his "worth" is a valid topic. That happens when and if the Steelers choose to negotiate. If they don't they still own his rights.Until then he's a RFA that is worth 2.7 mil for 16 games of his effort. He can decide how many to play, but it is a 100% certainty he will choose to play at least 6 even if they don't reach a long term agreement.Wallace should feel fortunate that the Steelers signed him to a 3 year deal when a 4 year deal was far more the norm for rookie contracts.
The Chargers did not win when vjax held out. Your business model is a losing one.
That's the front offices you want to compare the Steelers with... San Diego, Spanos and AJ Smith? :lol:
 
With the cap it's all about average per year. The Steelers would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.
So it is all about the Steelers, not what Mike Wallace is worth?
No. It's all about the rules of the business.When Wallace actually is in a position to negotiate a contract then his "worth" is a valid topic. That happens when and if the Steelers choose to negotiate. If they don't they still own his rights.Until then he's a RFA that is worth 2.7 mil for 16 games of his effort. He can decide how many to play, but it is a 100% certainty he will choose to play at least 6 even if they don't reach a long term agreement.Wallace should feel fortunate that the Steelers signed him to a 3 year deal when a 4 year deal was far more the norm for rookie contracts.
The Chargers did not win when vjax held out. Your business model is a losing one.
The Steelers ain't the Chargers....“@Wallace17_daKid: Myself with the two legends Mean Joe Greene and Franco Harris  http://t.co/TQ2iWP5D”4/1/12
 
With the cap it's all about average per year. The Steelers

would swallow $13-15 mill over 2 seasons much more easily than $10-12 over one.
So it is all about the Steelers, not what Mike Wallace is worth?
No. It's all about the rules of the business.When Wallace actually is in a position to negotiate a contract then his "worth" is a valid topic. That happens when and if the Steelers choose to negotiate. If they don't they still own his rights.

Until then he's a RFA that is worth 2.7 mil for 16 games of his effort. He can decide how many to play, but it is a

100% certainty he will choose to play at least 6 even if they don't reach a long term agreement.

Wallace should feel fortunate that the Steelers signed him to a 3 year deal when a 4 year deal was far more the norm for rookie contracts.
The Chargers did not win when vjax held out. Your business model is a losing one.
The Steelers ain't the Chargers....“@Wallace17_daKid: Myself with the two legends Mean Joe Greene and Franco Harris  http://t.co/TQ2iWP5D”

4/1/12
Wearing his Hines Ward Forever shirt too. :thumbup:
 
has there been anythought about converting him to another position and if so would that help the team resign him if he knew he would be at another position just thinking out loud over here to tryand help the pit franchise take it to the bank with whatever the fancy pit food is sort of like a cheesesteak brohans from the mountains of penn

 
has there been anythought about converting him to another position and if so would that help the team resign him if he knew he would be at another position just thinking out loud over here to tryand help the pit franchise take it to the bank with whatever the fancy pit food is sort of like a cheesesteak brohans from the mountains of penn
First of all: :lmao: :lmao: Your posts crack me up. Good stuff.An organization can't do that. From the CBA, “..will apply to the position in which he participated the most plays”. Like Finley from GB it was widely speculated that if GB tagged him then he'd be able to get WR money because that's where he lines up more.
 
If he holds out and/or doesn't sign a long term deal this year, he will be franchised next year and really have his hands tied. I understand he wants to get paid but he is a little crazy in his self valuation.
If he gets franchised that makes his point correct about his value.
Wouldn't that scenario also make things worse for the Steelers, overall? Don't they have Antonio brown to deal with next year also? If they are having trouble now, wouldn't it be even harder next year when they have decisions to make (and money to spread around) with Wallace, Brown, and maybe a RB situation to address?
 
If he holds out and/or doesn't sign a long term deal this year, he will be franchised next year and really have his hands tied. I understand he wants to get paid but he is a little crazy in his self valuation.
If he gets franchised that makes his point correct about his value.
Wouldn't that scenario also make things worse for the Steelers, overall? Don't they have Antonio brown to deal with next year also? If they are having trouble now, wouldn't it be even harder next year when they have decisions to make (and money to spread around) with Wallace, Brown, and maybe a RB situation to address?
I don't think there's much chance the Steelers franchise Wallace in 2013. Assuming Wallace doesn't get an offer sheet from another team before Friday, I'd bet the Steelers and Wallace will come to some agreement on a multiyear deal. Neither side benefits from playing this out year to year.
 
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If he holds out and/or doesn't sign a long term deal this year, he will be franchised next year and really have his hands tied. I understand he wants to get paid but he is a little crazy in his self valuation.
If he gets franchised that makes his point correct about his value.
Wouldn't that scenario also make things worse for the Steelers, overall? Don't they have Antonio brown to deal with next year also? If they are having trouble now, wouldn't it be even harder next year when they have decisions to make (and money to spread around) with Wallace, Brown, and maybe a RB situation to address?
I don't think there's much chance the Steelers franchise Wallace in 2013. Assuming Wallace doesn't get an offer sheet from another team before Friday, I'd bet the Steelers and Wallace will come to some agreement on a multiyear deal. Neither side benefits from playing this out year to year.
My guess is 2 years for a total slightly more than RFA tender plus estimated franchise tag value for a WR in 2013
 
@AdamSchefter: No team tried to sign Steelers RFA WR Mike Wallace to an offer sheet and, with deadline to do it Friday, it is not expected that one will.

 
@AdamSchefter: No team tried to sign Steelers RFA WR Mike Wallace to an offer sheet and, with deadline to do it Friday, it is not expected that one will.
Did he ever even have discussions? I feel like there never was even a real rumor of him going anywhere after the first week of speculation.Will this humble him or just make him a VJax type holdout?
 
@AdamSchefter: No team tried to sign Steelers RFA WR Mike Wallace to an offer sheet and, with deadline to do it Friday, it is not expected that one will.
Yeah, the rest of that news says something about the biggest hangup is assumed to be the asking price. The above poster said this was a genius move by the Steelers. It might be, although it really forced them to sit on their hands when other FAs were being signed. But still, it might be a good team move unless, of course, he becomes a headache to them if he really is trying to get a Fitz/Calvin type contract.
 
@AdamSchefter: No team tried to sign Steelers RFA WR Mike Wallace to an offer sheet and, with deadline to do it Friday, it is not expected that one will.
Yeah, the rest of that news says something about the biggest hangup is assumed to be the asking price. The above poster said this was a genius move by the Steelers. It might be, although it really forced them to sit on their hands when other FAs were being signed. But still, it might be a good team move unless, of course, he becomes a headache to them if he really is trying to get a Fitz/Calvin type contract.
Steelers always sit on their hands during Free Agency, its just how they operate.They prefer to spend $ on home-grown (drafted) players that have performed well for them in the past. Also, they are not afraid to let someone go if they are out of their budget.
 
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