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.