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.