Like us to subscribe
Wallace has talked about probably being a little tired after his first few practices with the team, so he'll need to work off the rust before contemplating playing in the season opener.
Despite needing some time to get readjusted, Haley thinks Wallace can potentially make it back in time, according to the Pittsburgh Post-Gazette.
"You're talking about a guy who's a wide receiver, a pass-catcher," Haley said. "It's not a running back or someone who has to be in the action of the game. I think it's feasible he's ready to go when we start this thing up."
The Pittsburgh Steelers welcomed Mike Wallace back into the fold after he reported to the team's facility for the first time this offseason on Tuesday. Wallace has been holding out after he initially refused to sign his one-year restricted free agent tender.
The first question is how quickly he can get acclimated with the Steelers offense, which is being run by a new coordinator, Todd Haley. Wallace can't practice in pads for three days due to the rules of the new acclimation period and he'll also be learning Haley's new offense.
Free agent tight end Anthony Becht, who played under Haley in Kansas City last year, said it shouldn't take much time to learn Haley's offense.
— Anthony Becht (@Anthony_Becht) August 27, 2012
@evansilva I learned Haleys offense last year in 7 days, just a matter of how smart the guy is. Plus I have to assume BigBen sent him things
The Steelers open the season on Sept. 9 which means Wallace has time if Becht's timeline is accurate.
He is sorry it took so long.
Sorry for the wait!!— Mike Wallace (@Wallace17_daKid) August 28, 2012
He will speak to the Pittsburgh media later on Tuesday but the first exclusive interview went to his teammate, James Harrison.
Mike Wallace was expected to report to the Pittsburgh Steelers on Tuesday and that's what he did with a number of media outlets reporting Wallace has arrived at the Steelers facility. Wallace and Maurice Jones-Drew were the two remaining holdouts in the NFL.
Wallace missed the entire offseason because he did not sign his restricted free agent tender which is worth just under $3 million.
Wallace is a restricted free agent which means the Steelers own his rights. Assuming he actually signs he will be under contract for one year. The Steelers can continue to retain his rights next year via the use of the franchise tag.
Wallace has been seeking a multi-year deal from the Steelers, who gave teammate Antonio Brown a five-year deal earlier this year. It's not clear if the Steelers plan to keep Wallace (they will say they do) or if they will attempt to trade him, as has been rumored.
For the photo proof of Wallace in Pittsburgh, here's Josina Anderson's picture:
Wallace has held out since the beginning of training camp, leaving Ben Roethlisberger without his No. 1 target. It was believed he would reach a deal with the team over the weekend, but no such news came, meaning Wallace was still nowhere to be found as the team convened on Monday. However, reports are that Wallace will at long last show up to practice on Tuesday.
The consensus has been throughout Wallace's entire holdout that the fourth-year receiver and 2011 Pro Bowler would return to the team rather than missing any regular season playing time. But it's now just a few days before Pittsburgh is due to play its fourth and final preseason game, and Wallace still has yet to report. If the rumors to be believed, that should change Tuesday, although Wallace probably would not play in that game, as Adam Schefter reports.
Pittsburgh Steelers wide receiver Mike Wallace has yet to sign his restricted free agent tender offer with the team, but his teammates think the Pro Bowl performer will return soon. Alan Robinson of the Tribune-Review recently interviewed Pittsburgh players about Wallace's holdout, and WR Emmanuel Sanders said he thinks Wallace will be back soon. "We don't know the exact date, but we're looking forward to getting him back in and looking forward to him making those big-time plays he's capable of making."
Neal Coolong at Behind The Steel Curtain notes that with the star wideout only one step away from signing his tender offer and reporting to training camp, the issue is still about how much Wallace is actually worth:
Regardless of Wallace's reason, an NFL team needs only a reason to not pay a player $25 million guaranteed, and from the Steelers' perspective, they can, and probably will, hold a grudge.
...At the risk of sounding presumptuous, I'm going to assume Wallace does not possess another skill that is valued at tens of millions of dollars. Having an ability to make that kind of money is about as rare as finding a diamond with a four-leaf clover growing out of it. The ultimate goal for him is to profit the most he can, because odds are excellent he will have a shorter life, will be pain as he ages and won't have much of a job in his post-playing career.
Every interested party ultimately wants Wallace to return to the team, but it's still a matter of what terms will dictate that move.
Mike Wallace will finally be reporting to the Pittsburgh Steelers, as the disgruntled wide receiver is expected to join the team this weekend, according to a report by Ed Bouchette of the Pittsburgh-Post Gazette. After refusing to sign the club's franchise tender in hopes of receiving a long-term deal, the receiver is ready to end his holdout.
Wallace will arrive at practice following the team's Saturday night game against the Buffalo Bills, where he will sign his one-year contract worth $2.742 million. This will leave the 26-year-old receiver potentially available for the team's final preseason game against the Carolina Panthers at Heinz Field on Aug. 30. It also leaves open the possibility of a long-term contract negotiation.
Via the Pittsburgh-Post Gazette:
[R]eporting this weekend would give the Pro Bowl wide receiver two weeks to practice and prepare for the regular-season opener in Denver Sept. 9. It also could reopen negotiations on a multiple-year deal between Wallace and the Steelers, talks that ended when he did not report for the start of training camp July 25. The Steelers have a long-standing policy of not negotiating contracts once the regular-season begins. So if Wallace signs his one-year tender Sunday or Monday, it would give them less than two weeks to work on a multiple-year deal with him.
The holdout of Pittsburgh Steelers wide receiver Mike Wallace, who'd like a brand-new contract, has extended past the team's first preseason game. The holdout is expected to continue throughout training camp and the rest of the preseason, but according to ESPN's Adam Schefter Tuesday, Wallace should return to the Steelers before the start of the regular season -- Sunday, Sept. 9, at the Denver Broncos.
Wallace, who hasn't signed his one-year, $2.7 million tender offer from the Steelers because he wants a long-term deal, has reportedly been working out in Florida as his team prepares for the season without him.
The Steelers have made it clear to Wallance, who caught 72 passes for 1,193 yards and made the Pro Bowl last season, that they will not conduct contract talks unless he reports to training camp and signs the tender.
The Pittsburgh Steelers opened the preseason on Thursday night. Wide receiver Mike Wallace was not with the team as his holdout for a new contract continues. Pittsburgh can at least take some comfort in the news out Friday that Wallace has been working out in Florida, which seems to be the preferred destination for holdouts wanting to stay in shape.
Wallace's condition coach, Tom Shaw, bragged on his client Friday afternoon, according to the Pittsburgh Tribune-Review.
— Alan Robinson (@arobinson_Trib) August 10, 2012
@tribsports has learned Mike Wallace has been working out the last 2 weeks in Florida. Conditioning coach says he's "fast as lightning."
Lightning just so happens to be pretty fast, the speed of light to be specific. Lightning travels 186,000 miles per second. Wallace's speed is at a more reasonable level according to Shaw, who says his client has been running as fast as Fabian Washington, who ran a 4.25 at the 2005 Scouting Combine. But there is no telling what he runs these days.
Shaw offered a prediction that Wallace would not be holding out much longer.
The conditioning coach also works with Steelers defensive back Ike Taylor.
So what did we learn Friday about Wallace's status? He is staying in game shape, supposedly, and his conditioning coach thinks that he will be back in camp soon. You should feel completely underwhelmed at the non-news news, especially after it was teased with this tweet:
Going to have some Mike Wallace news for you in a few minutes. Stay tuned.— Alan Robinson (@arobinson_Trib) August 10, 2012
When the Steelers signed Antonio Brown to a five-year contract extension Friday, reports surfaced that they might next look to trade Mike Wallace. Steelers general manager Kevin Colbert shot those rumors down Saturday, according to a report from ESPN's Ed Werder.
Responding to trade rumors involving multiple teams, Steelers GM Kevin Colbert flatly tells me, "Mike Wallace is not available for trade."— Ed Werder (@Edwerderespn) July 29, 2012
Pittsburgh previously suspended negotiations with the wide receiver and pulled their best contract offer off the table. If they aren't actively negotiating a long-term contract extension and they aren't willing to trade him, it really only leaves Wallace with the option to continue to holdout or sign his $2.77 million restricted free agent tender.
Reports earlier this offseason said Wallace was looking for a contract similar to Larry Fitzgerald, but a recent report said Wallace was looking for a contract similar to the five-year $55 million deal Vincent Jackson signed.
The contract negotiations between the Steelers and wide receiver Mike Wallace have gone from bad to worse. After suspendeding negotiations earlier in the week, the Steelers no longer believe they agree on a long-term deal and could instead trade Wallace during training camp, according to a report from Gerry Dulac of the Pittsburgh Post-Gazette.
Do not be surprised if Steelers trade Mike Wallace during training camp. They no longer believe they can sign him long term.— Gerry Dulac (@gerrydulac) July 28, 2012
This news comes just shortly after Pittsburgh agreed to a five-year, $42.5 million extension with receiver Antonio Brown. Wallace led the Steelers in receiving each of the last two seasons, racking up 132 receptions, 2,450 yards and 18 touchdowns over that span.
It's still unknown what the Steelers would want in a return for Wallace although they tendered the restricted free agent at a first round level.
In the midst of rocky contract negotiations with Mike Wallace, the Pittsburgh Steelers shored up another important piece of their receiving corps. Per league sources, Antonio Brown has signed a five-year extension worth $42.5 million with the Steelers.
Steelers sign WR Antonio Brown to five-year, $42.5 million extension, per league source.— ProFootballTalk (@ProFootballTalk) July 27, 2012
Brown broke out last season, catching 69 passes for 1,108 yards and two touchdowns in his second year in the league. He could take on an even greater role with the team this season, especially if Wallace continues his standoff with the front office.
Brown was a sixth round pick (No. 195 overall) out of Central Michigan in the 2010 NFL Draft. Despite his humble pedigree, Brown now figures to be an important part of Pittsburgh's offense for a very long time.
Mike Wallace is yet to report to Steelers training camp, and now the team has suspended contract negotiations with the fourth-year wide receiver, according to a report from Ed Bouchette of the Pittsburgh Post-Gazette.
According to Bouchette's report, Wallace has taken a more commanding lead in the negotiations, and he -- not his agent Bus Cook -- was the one who decided it was best to hold out of training camp. Wallace is yet to sign his $2.77 million restricted free agent tender, but may have to do so if he wants to resume long-term contract talks. Steelers General manager Kevin Colbert said the team's best offer to Wallace is now off the table.
"We've chosen to not progress with negotiations at this point," Colbert said Thursday. "Once we made that decision, now we're in a different mode. We'll have to address any new negotiations if we get to that point."
Colbert stated that Wallace will have to sign the one-year tender of $2.7 million before they will resume negotiations on a multiple-year deal.
Wallace led the Steelers in receiving last season with 72 receptions for 1193 yards and eight touchdowns. He is reportedly looking for a long-term contract which will make him one of the NFL's highest-paid receivers.
Mike Wallace has yet to sign his restricted free agent tender which will guarantee him $2.472 million in the 2012 season. The Pittsburgh Steelers aren't holding their breath that he'll have a change of heart and show up to training camp. Ed Bouchette of the Pittsburgh Post-Gazette reports the Steelers don't expect Wallace at the start of training camp and they are also likely to suspend negotiations with him.
So that leaves two options for Wallace at the moment. He can either sign the tender and report to Steelers training camp or don't sign the tender and don't show up to camp. Considering he's missed the entire offseason program to this point it wouldn't be a surprise to see him sit out.
Wallace has only one source of leverage and that's to sit out. It may not help in the long run to miss camp but there's nothing else he can do to protest his lack of a long-term contract.
Training camp ends in mid-August but the preseason continues through the end of the month. If he skips all of the preseason, then he may not return to work until the first week of September. Steelers fans obviously hope otherwise.
The Pittsburgh Steelers and Mike Wallace are still engaged in a contract standoff following the team's decision to place a first-round restricted free agent tender on the wide receiver. According to the Pittsburgh Tribune-Review, the team will not reduce his tender from $2.77 million to $577,000 as allowed by the NFL collective bargaining agreement.
It denies the team some leverage in negotiations with Wallace, but the team feels that the move will prevent things from getting worse. Reducing the tender might have made it easier for Wallace to extend his holdout deeper into the regular season, similar to what happened between the Chargers and Vincent Jackson in 2010.
Steelers GM Kevin Colbert defended the decision, saying:
"When we tendered Mike at the amount we did, the compensation through that tender, we really had no issue with that whatsoever because he is deserving of that."
Wallace has skipped the entirety of the team's spring OTAs and minicamps. He is seeking a long-term contract that would make him one of the NFL's highest paid receivers.
The Steelers open training camp on July 25. Wallace can extend his holdout through Nov. 12 and still qualify to be an unrestricted free agent next year. If he holds out the entire season, he loses his eligibility and becomes a restricted free agent again in 2013.
For more on the Steelers, take a peek Behind The Steel Curtain.
As the deadline to sign restricted free agents has now passed, no teams made a run at Pittsburgh Steelers WR Mike Wallace, who had a first round tender. The restricted free agent market opened in March and some thought a team would consider offering Wallace a contract, even with the first round price tag involved.
As time went on it became clear that Wallace would be safe under the first round tender and remain a Steeler. The deadline to sign restricted free agents passed at 4 p.m. ET on Friday afternoon. Several teams were reportedly interesting but nothing got done.
Wallace is one of the rising stars in the game so I think several teams would've entertained signing him even if it cost a first round pick. The problem is that Wallace is reportedly looking for a huge contract, which would be difficult for teams to fit under the salary cap.
A standoff is brewing between the Pittsburgh Steelers and restricted free agent wide receiver Mike Wallace. According to reports from the Pittsburgh Tribune-Review, Wallace will not sign his RFA offer sheet and will not report to offseason activities, which are scheduled to begin next week. Adding another layer to the situation is a report that "several" teams are interested in trading for the disgruntled receiver.
Wallace is not willing to sign his RFA tender because he wants a long-term deal. And not just any long-term deal -- he wants a contract that would make him one of the highest-paid receivers in the league. Something comparable, in his own words, to the eight-year, $128 million deal Larry Fitzgerald signed in August 2011.
It seems unlike Wallace would sit out the entire season, thus losing a year of eligibility toward free agency and setting him up to be a restricted free agent again in 2013. That puts the Steelers in the position of being able to either trade him now or let him walk after the season for no compensation.
The Steelers are in a tough spot because they need to find younger players throughout the roster while operating uncomfortably close to the cap. The same report notes that the team is unwilling to meet Wallace's contract demands.
If a trade happens, it would most likely take place between now and the NFL draft, which starts in exactly two weeks.
The Pittsburgh Steelers offered a first-round tender to restricted free agent Mike Wallace and some were thinking he could see some interest from other teams. A team would have to offer him a contract that the Steelers wouldn't match, and then give up a first-round pick, in order to acquire him. Considering Wallace is a rising star in the NFL, a first-round pick is enticing.
The San Francisco 49ers and other teams have called about Wallace, according to the Sacramento Bee, but there hasn't been any activity outside of that. Apparently, Wallace is looking for a lot of money -- like Larry Fitzgerald money.
A league source said that Wallace, 25, wants a contract that surpasses the eight-year, $120 million deal that Larry Fitzgerald signed last year with the Cardinals. Combine that with the first-round pick any team that signs Wallace to an offer sheet would lose if the Steelers didn't match the offer, and you start to understand why we've heard so little about Wallace in the last week and a half.
I'd be curious who the source is on this. If it's someone connected to the Steelers, then you have to wonder if this is Pittsburgh's way of scaring off other teams so they won't make a run at Wallace.
Or maybe the Steelers receiver really does want to be paid that well. Fitzgerald received his big pay day after he'd been in the league for seven seasons and clearly demonstrated he was one of the top two receivers in the NFL. Wallace, meanwhile, has only been in the league for three seasons. He has a lot of potential but he's less of a sure thing than Fitzgerald was last year when he signed his massive contract extension.
Wallace should be paid well because he's young and you pay for future performance, not past performance. But Fitzgerald money should be reserved for the truly elite receivers, like Calvin Johnson. I don't see Wallace fitting into that category, yet.
The Pittsburgh Steelers have issued tenders for their restricted free agents including WR Mike Wallace, CB Keenan Lewis, S Ryan Mundy, TE David Johnson, G Doug Legursky and G Ramon Foster. The big one in there is Wallace, who presumably received the first-round tender.
As a restricted free agent, the first-round tender would guarantee him about $2.7 million in 2012. However, as a restricted free agent, another team can potentially swoop in and sign him. If a team, like the Patriots, offered Wallace a contract and the Steelers declined to match it, they could give up a first-round pick and acquire him.
The Steelers have had some salary cap concerns, which is why some wonder whether a big contract the Steelers couldn't match would allow Wallace to leave Pittsburgh. The Steelers, for their part, are confident they'll be able to match any offers that may come their way.
The deadline to apply the franchise tag came and went on Monday afternoon and the Pittsburgh Steelers stood flat. This means that receiver Mike Wallace did not receive the franchise tag. Instead, the Steelers are expected to place a first- round tender on him.
The first-round tender means that any team can offer him a contract and, if the Steelers choose not to match. they can give the Steelers a first round pick in exchange for Wallace. The previous CBA set the highest tender level at first and third round picks but the new CBA drops that to just a first round pick so there's some concern out there that a team will offer Wallace a big deal that the Steelers can't match.
Pittsburgh has been restructuring multiple contracts in the past few weeks to create cap space so they're in better shape than they were even a week ago. They're confident they'll be able to keep Wallace in Pittsburgh.
Pittsburgh Steelers GM Kevin Colbert spoke to reporters at the 2012 NFL Combine on Thursday and to no one's surprise the biggest topic of conversation was the future of wide receiver Mike Wallace, who is a restricted free agent.
Colbert sounded optimistic that he would be able to keep Wallace with the team in 2012. The team plans to place a first round tender on him but didn't rule out using the franchise tag either.
Reports have said there is some concern among the Steelers organization that they could lose Wallace in restricted free agency.
The new CBA brought along with it some tweaks to the restricted free agency system. Instead of the first and third round tender, the highest tender is now just a first round, which has the Steelers concerned that if they tendered Wallace, another team could legitimately scoop in and offer him a deal the Steelers can't match.
The Steelers, if they tendered him, would have the option to match any contract offer he receives. But with the salary cap issues, there are concerns they may not have enough cap space to do so. Still, Colbert talked as if Wallace would be back with the team next season.
For more on the Steelers, visit SB Nation's Steelers blog, Behind The Steel Curtain.
The Pittsburgh Steelers have a number of free agents heading into the 2012 NFL offseason but none are more important than wide receiver Mike Wallace. With just three years of service in the league, Wallace is a restricted free agent, which means the Steelers have some control of his rights.
They could place the franchise tag on him, which would guarantee he stays off the market. But Pittsburgh has serious salary cap concerns and it's unclear if they could afford to tag him.
If they can't franchise tag him then they would likely place a first round tender on him as a restricted free agent. And NFL Network's Jason La Canfora reported that there is concern within the organization that they could lose him if that's what it comes down to.
A first round tender would mean that another team could give up a first round pick in order to pry Wallace away from Pittsburgh. The Steelers would have a chance to match a contract offer from another team but with their salary cap situation they could be limited.
Thus, the Steelers very well could be in danger of losing Wallace, which is why the Steelers are concerned. It'll be interesting to see if Wallace draws any interest on the restricted free agent market. You wonder if a team like the Bengals, who have two first round picks, would consider Wallace. Or even the Patriots, who need a deep threat. I can see why Pittsburgh would be concerned.
For more on the Steelers offseason, be sure to check out Behind the Steel Curtain.
Mike Wallace has put together a pair of pretty productive seasons, going over 1,000 yards receiving for the Pittsburgh Steelers the past two years. Pittsburgh's front office wants to watch Wallace do that in the future, too, and they're apparently willing to extend their franchise tag in order to keep him in a Steelers uniform.
Hines Ward might not be back next season and there are a few other wide receivers who aren't quite sure of their status for next season, but Wallace is probably going to be in Pittsburgh for the long run. General manager Kevin Colbert spoke to the Pittsburgh Tribune-Review about Wallace's future with the team:
Any of our young players that have opportunities of getting contracts elsewhere, especially when they're young, ascending players, sure we want to keep them and they all become priorities. Certainly Mike has done a lot to establish himself as a Pro Bowl receiver and we want to try to keep Mike here for the long run.
If the team does indeed to go the route of franchise tagging Wallace, SB Nation Pittsburgh has the details on what it would mean:
A franchise tag would pay Wallace a little bit less than $10 million and give the Steelers exclusive negotiating rights to try and iron out a long-term deal. They can also extend a first-round tender worth less than $3 million, but that would enable Wallace to negotiate with other teams and could force the Steelers to match a contract they don't want to pay or risk losing him to another club.
It'll be interesting to see what happens as this situation plays out, but it sounds like Wallace will be getting paid by Pittsburgh.
For more on Hines Ward and the Pittsburgh Steelers, visit SB Nation's Steelers blog Behind The Steel Curtain.
We'll email you a reset link.
If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.
You must be a member of SBNation.com to participate.
We have our own Community Guidelines at SBNation.com. You should read them.
You must be a member of SBNation.com to participate.
We have our own Community Guidelines at SBNation.com. You should read them.
Choose an available username to complete sign up.
In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.