Found February 17, 2012 on Pro Football Zone:
According to ESPN’s Adam Schefter, the Pittsburgh Steelers will have a hard time re-signing wide receiver Mike Wallace who’ll be a restricted free agent once March 13th comes around. Schefter indicated on NFL Live that the Steelers are currently $11 million over the salary cap and the Bengals have $60 million in cap space.  Not to say Wallace will go to the Bengals, but if they want him, they could certainly throw the money at him to entice him to go to Cincy. Since Wallace is a restricted free agent, in order for a team to acquire him, they’ll have to give up a draft pick because the Steelers will likely tender him as a first round pick.  I’m sure teams around the league wouldn’t mind give up a first round pick for a 25 year -old receiver that is entering the prime of his career. In the end, there are plenty of teams like the Bengals who have the money to go out and offer Wallace a big contract.  The Steelers will have to somehow create enough cap room to even make him a competitiv...
  • Thats what I've been say and Cincy is the team I worry about. I don't mind losing him for a first rounder but losing him to Cincy would hurt.
    The Steelers should contact Philly and see if they'd do a sign & trade. Swap round 1's and get Philly's two second rounders. I'd even throw in Chris K & Larry Foote to sweeten the deal.

Fitting Mike Wallace Under The Steelers 2012 Salary Cap While Wearing Franchise Tag

Since my last post on Mike Wallace, as it relates to trying to protect him via free agency, I have had a few questions about how the Steelers can possibly fit Wallace underneath the cap by the start of the new league year if they indeed were to place the franchise tag of $9.4 million on him. Let's assume that the Steelers tender all of their other restricted free agents and...

Steelers Six From Around The Web – February 19th – Pat Kirwan Talks Mike Wallace Edition

I am a big fan of Pat Kirwan and he chimed in Saturday on the Mike Wallace pending free agency and how teams might be interested in signing him away if he is tendered at just a first round level. David Todd and I covered the Wallace situation quite extensively in the latest episode of the podcast and here are my thoughts of how the Steelers could fit Wallace and the franchise tag...

Can Steelers afford Mike Wallace?

Mike Wallace is a restricted free agent and the Steelers will have to make some moves in order to keep him long term. Will they?

Steelers GM Kevin Colbert Says They Are Going To Protect Interest In Mike Wallace

Pittsburgh Steelers GM Kevin Colbert is continuing his media rounds this week and has granted several interviews as of late. On Thursday morning he talked to 105.9 The X and was asked again about the status of Hines Ward, Mike Wallace, Rashard Mendenhall and the hiring of Todd Haley. Below is the transcript of the interview and you can hear the full interview below. Re: Craziest...

Cost of first round tender and franchising Mike Wallace

Starting on Monday, February 20th, NFL teams can begin using their Franchise Tag if they choose. It’s not required that a player be tagged on this date, it’s simply the earliest they can use it. There will be some teams that jump on this right away I’m sure. It’s very unlikely the Steelers will tag Mike Wallace immediately but they have about 3 weeks yet until the March 13th...

Wallace isn’t the only receiver the Steelers need to worry about for the future

There are many tough decisions that the Steelers must deal with this offseason, not the least of which is trying to sign Mike Wallace to a long term deal.   If worse comes to worse they can franchise him to help ensure his services for another season, thus giving them more time to work on a long term deal.  They’ve used their franchise tag in a similar manner in the past, on...

Should Ravens try to acquire Steelers’ Wallace?

I was watching ESPN’s “SportsCenter” and “NFL Live” this afternoon and the topic was restricted free agent Mike Wallace of the Pittsburgh Steelers. The Steelers could have a tough time retaining the third-year wide receiver if they place a first-round restricted tender on him. Tim Hasselbeck suggested the Ravens could sign him away from Pittsburgh by offering the speedster...

Creative team with WR needs could pry Wallace away from Steelers

Any team eyeing Mike Wallace might have to give up a first-round pick to the Steelers. Prohibitive? Not for clubs near the bottom of the round with holes at wide receiver and cap space to burn, Pat Kirwan says.

Schefter: Peyton Manning “is on course to play in 2012″

According to ESPN’s Adam Schefter per Evan Silva of, Indianapolis Colts quarerback Peyton Manning looks like he’ll be ready to play next season. “He is on course to play in 2012 & Colts did not seem to have major concerns about that (4th) procedure.” ESPN Medical Analyst Dr. M. Kaplan indicated that the odds are in Manning’s favor to be able to make a...

Moss receives contract offer

Randy Moss' recent announcement of his intentions to return to professional football have been noticed. Unfortunately, it was not by an NFL team, but by the Chicago Slaughters of the Indoor Football League, who offered him a contract.

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