Mike Wallace Reportedly Ending Holdout Should Move Him Back Up Fantasy Draft Boards

DENVER, CO - JANUARY 08: Mike Wallace #17 of the Pittsburgh Steelers runs the ball for a touchdown in the third quarter against the Denver Broncos during the AFC Wild Card Playoff game at Sports Authority Field at Mile High on January 8, 2012 in Denver, Colorado. (Photo by Jeff Gross/Getty Images)

Mike Wallace is expected to sign his tender and rejoin the Steelers this week. We break down the fantasy implications.

Mike Wallace's stalemate with the Pittsburgh Steelers is almost over. Aditi Kinkhabwala of the NFL Network reports that Wallace is flying into Pittsburgh Monday night and expected to sign his restricted free agent tender Tuesday. Wallace had been holding out for a long-term deal rather than sign the $2.7 million tender. Per the new CBA rules, he is ineligible to start practice until next week.

Analysis: Pittsburgh's long nightmare is over. Now fantasy owners just have to hope that Wallace can learn offensive coordinator Todd Haley's new scheme with less than two weeks before the regular season starts. He has been reportedly working out on his own and had his own copy of the playbook, but there's no substitute for hands-on training with the teammates and coaches. So expect a sluggish start for the first couple weeks, but don't let that deter you from slotting him into your WR1 position. His draft stock should start shooting back up this week, so adjust your cheat sheet accordingly.

For more on the Steelers, check out Behind The Steel Curtain and SB Nation PIttsburgh.

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