Originally posted on The Football Fan Spot  |  Last updated 7/28/12
After extending Antonio Brown earlier today, news came out that the Steelers would not be giving Mike Wallace an extension and that he would either have to play out the season on his restricted tender, roughly 2.7 million, or be traded. Some speculated that Wallace, if he signs his tender, would be franchised next offseason. However, according to the Pittsburgh Post-Gazette’s Ed Bouchette, there is “no way” that would happen. I have to agree with the latter. The Steelers almost definitely couldn’t afford to pay Wallace the nearly 10 million guaranteed that the wide receiver franchise tag would be worth next offseason, especially not after extending Brown. The Steelers are backed up against the cap this offseason and figure to be backed up against the cap again next offseason, after restructuring several contracts this offseason just to get under the cap. They also don’t “need” Wallace, with two young, talented receivers in Brown and Emmanuel Sanders on the roster. The Steelers have ...
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