Found July 26, 2012 on Pro Football Zone:
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According to Ed Bouchette of the Pittsburgh Post-Gazette, Steelers wide receiver Mike Wallace decided on his own to hold out.

Wallace’s agent Bus Cook had nothing to do with his decision to hold out from reporting to training camp.

“According to sources, Wallace is driving the bus on this one. It is the wide receiver’s idea to hold out of training camp and, because of it, his relationship with the Steelers has taken a new turn,” reported Bouchette.

Wallace clearly isn’t thinking straight.  Hopefully he’ll come to his senses and realize he has to report before any type of deal is going to be made.

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