Mike Wallace Fantasy Football Value Rises After Returning To Steelers

GLENDALE, AZ - OCTOBER 23: Wide receiver Mike Wallace #17 of the Pittsburgh Steelers runs with the football on a 95 touchdown reception against the Arizona Cardinals during the second quarter of the NFL game at the University of Phoenix Stadium on October 23, 2011 in Glendale, Arizona. The Steelers defeated the Cardinals 32-20. (Photo by Christian Petersen/Getty Images)

Mike Wallace ended his contract holdout from the Steelers on Tuesday. We break down the fantasy implications.

Mike Wallace finally ended his months-long contract holdout from the Pittsburgh Steelers on Tuesday, returning to practice where he is expected to sign his $2.7 million tender offer from the team. Wallace was hoping to receive a long-term contract, but the Steelers refused to negotiate with the wide receiver as along as he wasn't practicing. The new collective bargaining agreement stipulates a three-day acclimation period after signing a contract, meaning Wallace won't be eligible to practice until after the Steelers' final preseason game on Thursday.

Analysis: Fantasy football owners can finally breathe a sigh of relief now that Wallace is back in fold with the Steelers. Now the question becomes whether he will be able to get up-to-speed quickly enough to be a factor starting with the regular season opener on Sept. 9. He has to learn a brand new offense under coordinator Todd Haley, which may or may not be easy to do depending on who you ask. Wallace reportedly had the new playbook with him while he was working out in Florida, and the wideout maintains that he won't miss a beat. We won't see any proof until the opener, however.

For more on the Steelers, check out Behind The Steel Curtain and SB Nation Pittsburgh. For more fantasy info, check out the SB Nation Fantasy War Room 6-10pm Monday through Friday, 4-9pm Saturday and Sunday.

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