Found March 01, 2012 on
It was widely speculated that the Pittsburgh Steelers would use their franchise tag on receiver Mike Wallace. The Steelers have confirmed that they do not intend on doing this and will instead tender the restricted free-agent. The problem with this is that another team will have the opportunity to make the receiver offers. The Steelers will of course have the opportunity to match or beat the
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Super Bowl XLV MVP Hines Ward. (Photo from Sports Illustrated)
When the Pittsburgh Steelers walked off the field in Denver after losing to the Broncos in the AFC Wild Card round, it was well known that the team was heading into an offseason unlike any other in club history. The Steelers stood more than $22 million over the 2012 salary cap while needing to sign WR Mike Wallace,...
Adam Schefter of ESPN reported Thursday morning that the Pittsburgh Steelers will not use the franchise tag on restricted free agent Mike Wallace should they not get him signed to a new contract in the next few days. The news comes as no surprise as the Steelers do not have the cap room to accommodate a projected $9.4 plus million franchise tag amount.
The Steelers have been in...
Fresh off their second AFC Championship in three years the Pittsburgh Steelers were a strong favorite to repeat once again, but no one expected a first round loss. Expectations for Ben Roethlisberger and company were much higher than getting knocked out of the playoffs by a miraculous touchdown pass by Tim Tebow. The Steelers continuously have one of the leagues best defenses and...
Now that the Steelers have given Hines Ward his walking papers, you can bet your ass that they’re not about to lose Mike Wallace too. But Kevin Colbert made the right decision by saying the Steelers were going to tender Wallace instead of slapping him with the franchise tag like the Eagles did to Desean Jackson.
To franchise Wallace would mean the Steelers get to keep him for...
The Pittsburgh Steelers first priority of the 2012 NFL offseason was to get under the salary cap, which they've now done after trimming$25 million from their cap according to Jamison Hensley of ESPN.com' AFC North Blog, by restructuring the contracts of players such as Ben Roethlisberger, Lawrence Timmons and Lamar Woodley among others recently.
Yet, the salary...
EPSN’s Adam Schefter is reporting that the Steelers will not use the franchise tag on Mike Wallace. Wallace will be given the first round tender offer as a restricted free agent. If any team were to sign him away we would receive their original first round pick in return.
The Steelers had to make this move. The tender for Wallace looks to be around $2.75 million for the...
Per a report from ESPN’s Adam Schefter, the Pittsburgh Steelers will tender coveted receiver Mike Wallace in preparation for the upcoming free agency period rather than placing a $9.4 million franchise tag on him.
With yesterday’s news that they intend to release Hines Ward and Ben Roethlisberger’s contract restructuring, the Steelers now find themselves close to $3 million...
Adam Schefter of ESPN noted that the Steelers won't place the franchise tag on restricted free agent receiver Mike Wallace.
So Pittsburgh will instead tender Wallace, hence leaving the risk of losing him to a receiver-needy team willing to pay a hefty price (namely a first-round Draft pick as compensation) for the ulta-talented speed demon.
Adam Schefter at ESPN reported this morning that according to a source, the Steelers are not going to use their franchise tag on restricted free agent Mike Wallace. The Steelers plan to place a first-round tender — and not the franchise tag — on restricted free agent Mike Wallace, a source close to the wide receiver told ESPN NFL Insider Adam Schefter.
Even with Hines Ward...
Out with the old and in with the new, we presume. The Pittsburgh Steelers are not only releasing the franchise’s all-time leading receiver Hines Ward, but also look to cut veteran linebacker James Farrior and aren’t expected to franchise tag star receiver Mike Wallace, either.
“It’s not a done deal, but the percentages just aren’t there,” Ralph Cindrich tells Scott...
You don’t have to be a Steelers fan to get a bit nostalgic as you watch what’s going down with their roster purging over the past few days.
If you are a hardcore football fan even if you hate the Steelers you most likely respect what this group has done together and you were not prepared for such a deep cut.
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