Interest in Mike Wallace appears to have dried up

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A month ago, it looked like a good bet that the Steelers would lose restricted free agent receiver Mike Wallace. But with two weeks to go before the April 20 deadline for a team to sign a restricted free agent to an offer sheet, it’s appearing increasingly likely that Wallace will stay in Pittsburgh.

Adam Schefter noted on ESPN today that before free agency started, the 49ers and Patriots were the two teams seen as most likely to go after Wallace. However, the 49ers have added Mario Manningham and Randy Moss, the Patriots have added Brandon Lloyd, Donte Stallworth and Anthony Gonzalez, and both teams now appear set to stick with the receivers they have.

It’s still possible that some team we’re not aware of is planning to swoop in and sign Wallace to an offer sheet at the last minute, but if so that team is doing a great job of keeping it quiet. There are no reports of any teams planning to do so.

One thing this shows is how much NFL teams value their first-round draft picks. Wallace is a tremendous receiver, one of the best deep threats in the league, but even his talent isn’t enough to make many teams interested in shipping a first-round pick to the Steelers as compensation, which is what it would take to sign Wallace away.

It also may show that Wallace is asking for more than he’s worth. If the reports are true that he’s expressing a desire to make more money than Larry Fitzgerald, that could dissuade even the teams that would be perfectly happy to give up a first-round pick to acquire him.

Once the April 20 deadline passes, the Steelers don’t have to worry about losing Wallace, at least not this year. Ultimately, Wallace may end up playing the 2012 season for the one-year tender of $2.74 million. Which is a bargain for the Steelers.

80 responses to “Interest in Mike Wallace appears to have dried up

  1. “If the reports are true that he’s expressing a desire to make more money than Larry Fitzgerald”

    Sounds like very effective Steeler propaganda…

  2. his offers have dryed up just like his dry sensahumor of asking for larry fitzgerald $$$$$

  3. I would say it’s his contract demands that are scaring off teams and not the 1st round pick.

    I think the 49ers would’ve had no problem giving up the 1st round pick if he wasn’t asking for a ludicrous contract.

  4. Don’t buy into the PFT and opposing fan’s hype when it comes to him leaving, that’s what I was preaching the whole time.

    Remind me the last time a team signed a RFA who was tendered with a first round pick, go ahead, I’ll wait.

    Draft picks are more valuable than gold, GM’s aren’t changing their stance on this, other than the former Raiders regime who thought they had the value of cheese.

  5. Anyone woith a pick 20 or later would be foolish to pass up on Wallace, but I think it’s safe to say his insane contract demand is what has cooled teams off to him.

  6. He is yet another victim over-inflated self worth. He could have easily had $8-8.5M a year, but he wanted $10+M and now he has to play for just short of 3 and hope to keep it up AND not get hurt this year.

    Real men of genius. Mr. over-inflated self worth football player. You cost yourself $6 million. Mr. over-inflated self worth football player.

  7. I wouldn’t rule out the Bengals. They have an extra first this year, plus a ton of cap space. They could steal their division’s best deep threat and team him up with one of the best young wide outs in the game… But, they are the Bungals, and that would make too much sense, so I guess you could rule them out now…

  8. I don’t begrudge him wanting to stay with the Steelers where he is comfortable. One more year like this one and he could possible command top tier money.

    I think his asking for Fitz money is a smokescreen so he doesn’t have to go anywhere else.

    He is the one taking a risk, not the Steelers.

  9. redguy12588 says:Apr 6, 2012 1:07 PM

    No one takes a calculated gamble better than the Steelers

    Even blind squirlls find nuts every now and then.

  10. I still think the Bears should get him. They have had more firsat round busts than I can count in the last 10-15 years. Wallace is a proven asset!

    Go get him Bears and team him up with Cutler, Marshall and Forte!

  11. the Steelers knew what wallace wanted and they knew no one will give him that much. shoot, not even they would give him that much much less teams that have to add a 1st rounder to the equation. I Al davis was still alive and they had a 1st rounder at their disposal, that would’ve been a different story.

  12. How bout there never was an interest! This was just all speculation at best. How often does any team give up a first round pick to sign another teams player? Not very often! Not only do you give up a first round pick, you gotta give that player a contract big enough that his current team won’t match. Now with the rookie wage scale 1st round picks are more valuable than ever.

  13. No one is giving up a 1st round pick AND a HUGE contract for a one trick pony deep threat. Lots of teams would love to have Mike Wallace, but not at that price.

  14. The steelers asked to much for Mike Wallace.
    The steelers should just keep him, without wallace the steelers aren’t going to do good this upcoming season.

  15. If the reports of Fitzgerald-like money are true, this makes sense. Could be Pitt propaganda too. The Dolphins wanted Mike Wallace bad- problem was Stephen Ross tried to sign the Mike Wallace of “60 Minutes” fame instead.

  16. You might want to pay him the money, and you might want to give up a first round pick for him, but not both.

  17. Wallace is a one-trick pony. Run fast and long and hope the ball falls down into your hands. They need a more complete receiver.

    Steelers have many needs. They will not be a participant in the playoffs for awhile.

  18. I’m not so sure that Wallace claiming he wanted more than Fitz was a ploy to discourage teams from pursuing him. Maybe he was trying to help the Steelers make it easier to keep him. Stranger things have happened.

  19. Change ur contract demands m wallace…and u will get a big contract this yr..why play on a one yr deal and risk everything…football is a rough sport what happens if u have a season ending injury one that takes 2yrs to be back to normal..u will never get a chance to make that much money again…go for the deal this yr it will be a good one..

  20. I don’t get the line of thought that a first round pick can’t be given up for a guy like this. He’s a sure thing/known commodity. What would a team do with the pick anyway… draft a receiver who may not turn out at all? Either way, you’re out the pick, but at least with Wallace you know what you are getting. How many first rounders don’t even pan out at all? It’s plain stupid if you ask me.

  21. Thumb downs be damned, I just want to put this in print, because the images in my mind are becoming distracting. Put aside his contract demands and all of that, and just imagine if the Philadelphia Eagles were able to get a hold of this guy. DeSean Jackson on one side. Mike Wallace on the other. LeSean McCoy in the backfield, and Maclin, Avant, and Celek free to roam the middle. O….M…G…think that would give opposing defensive coordinators nightmares? I do. Realistic chances of it happening are probably somewhere in the .00-something%, but hell, it’s fun to envision!

  22. q1ller, it’s not just the 1st round pick. There would be some teams willing to part with a 1st rounder for Wallace. But no one is willing to part with a 1st rounder AND a huge contract. If he really does want to be paid like Larry Fitzgerald, he’s insane. He’s a good WR and a great deep threat, but he’s not in that elite category with guys like Fitz, Megatron, and Andre Johnson.

  23. Look at the Steelers’ track record on first round picks. No team wants to give a perennial contender another first round pick.

  24. It’s not over yet… if you’re a GM of a team trying to sign an RFA and you don’t want his old team to match, you wait until the last possible second when the old team has done some free agency spending and is tighter on cap space. I think the Steelers have purposely stopped spending for that exact reason.

    And I’m inclined to believe that Wallace has asked for big money specifically to dissuade teams from putting out an offer sheet. He seems to want to stay with the Steelers. Projecting that attitude via big demands will cool off teams pretty quickly. The only thing worse than overspending on a guy is overspending on a guy who doesn’t really want to play for your team.

  25. Wallace is probably pissed.

    The Stoolers puts a first round tender on him when they can’t afford to pay him the BIG money he wants to make. So it’s a double whammy for any other team who wants to get this guy. They have to pay him a lot along with giving up a 1st rounder. Nobody is willing to do that.

    So now Wallace is basically stuck remaining on the Squealers until he becomes unrestricted and in the meantime, he will have to play for less money.

    Typical Quittsburgh move…

  26. @kathyisintheroom …

    We need a more complete receiver than the guy who picked up nearly 1,200 yards last season before his production slacked off? No worries–we have Antonio Brown; he picked up nearly 1,100. We won’t be in the playoffs for a while? Brilliant analysis since we were in the Super Bowl in 2010 and went 12-4 last year.

    @outerspace23 …

    We didn’t ask anything for Mike Wallace. He’s a restricted free agent, so any team that wants him has to give up a first-round draft pick, and the Steelers have a right to match the contract offer. Reportedly, he’s asking too much.

    MDS, I’m curious why we haven’t seen any articles on Ravens corner Ladarius Webb, a still unsigned RFA ranked just three spaces behind Wallace on PFT’s Hot 100. We’re getting a Wallace story a day. Why don’t you throw Webb some love? 🙂

  27. cannonballdookie wrote:

    Don’t buy into the PFT and opposing fan’s hype when it comes to him leaving, that’s what I was preaching the whole time.

    Remind me the last time a team signed a RFA who was tendered with a first round pick, go ahead, I’ll wait.
    =============
    I don’t know if it was the last one, but the Skins signed Lav Coles, who was tendered at the first AND 3rd. The Jets signed Curtis Martin who was tendered at the first.

    Your point is misleading though. As of 2010, only 62 restricted free agents have signed with other clubs in the past 17 years.

  28. While Wallace’s long term contract demands are farsical, what’s to stop another division rival from simply making a higher 1 year offer?

    Wouldn’t the Steelers be pressed to match that? Thereby drying up their cap space or forcing them to make a cut to keep him?

    Unless I’m missing something there’s no reason a rival wouldn’t do this – unless there’s some type of collusion between organizations not to engage in that sort of machiavellian cap strategy.

  29. conspiracygenerator says:
    Apr 6, 2012 1:53 PM
    Thumb downs be damned, I just want to put this in print, because the images in my mind are becoming distracting. Put aside his contract demands and all of that, and just imagine if the Philadelphia Eagles were able to get a hold of this guy. DeSean Jackson on one side. Mike Wallace on the other. LeSean McCoy in ……”

    ——

    So what you’re saying is that with him the eagles would be the “dream team”. Lol nice

  30. kathyisintheroom says: Apr 6, 2012 1:38 PM

    Wallace is a one-trick pony. Run fast and long and hope the ball falls down into your hands. They need a more complete receiver.

    Steelers have many needs. They will not be a participant in the playoffs for awhile.
    ————————————————-
    you cant believe that cause if u do u are dumb as sh!t steelers are always in the play offs u must be a ratbird fan

  31. kathyisintheroom says: Apr 6, 2012 1:38 PM

    Wallace is a one-trick pony. Run fast and long and hope the ball falls down into your hands. They need a more complete receiver.

    Steelers have many needs. They will not be a participant in the playoffs for awhile.

    what in gods name kind of drugs are you on?these are the steelers we are talking about..one of the best at having replacements ready to step up.it is obvious you have no clue about the Steelers .stick too tennis

  32. I thought that Wallace was a no brainer for the 49ers until I heard he was looking for ‘Fitzgerald’ money. Wallace is not Fitzgerald by any stretch of the imagination. He will have better leverage next year when he is unrestricted and the Steelers have another good receiver to sign.

  33. Wallace is a good player, but why would the 49ers pay that kind of money for him when they can get a good receiver in the first round for a contract of 4 years and about $8M? With the rookie salary scale, why would you not take a chance on a younger player instead of paying Wallace crazy money on a 7 or 8 year contract? Wallace will get nothing like what he’s asking next year either!

  34. I thought you “experts” had him gone the first day. That’s why you run a rumor site and not NFL franchises. The Stillers know what they are doing.

  35. next years deal might be one of the best ever contracts for a team –

    Steelers really lucking out here

    Wallace agent not doing his job as far as I can see

  36. Deb says:
    Apr 6, 2012 2:02 PM
    @kathyisintheroom …

    We won’t be in the playoffs for a while? Brilliant analysis since we were in the Super Bowl in 2010 and went 12-4 last year.

    ************************************

    Brilliant statement sweetheart. 12-4 and get promptly bounced by Tim freakin Tebow??
    I certainly wouldn’t brag about that. In fact it only proves that the 12-4 record was a fluke. Don’t forget also dear that an 8-8 team can win the division and get to the playoffs, but that will not happen in the AFC North.

    Nice try, but I stand by my statement. With Baltimore and Cincy clearly ahead of your Steelers, you ain’t making the playoffs anytime soon. Get younger first and please quit stop bringing up past seasons, looking forward is all that matters

    I guess it’s true, some gals DO need to stay in the kitchen. 😉

  37. Joe,
    No one will give u pa first rounder and give him a one year contract because then they will get nothing in return like the Steelers will this year.

    I would love to see him line up opposite AJ Green. They would both benefit. Maybe this is truly a case of the home town discount, but like others have said, if he gets injured, kiss it all goodbye. The Steelers are a class franchise, but they will let you go in a heartbeat after this season if you are hurt, especially with Brown a more complete receiver and ready for prime time.

  38. ….more than Fitzgerald? As another mediocre receiver such as yourself would say, “Child, please”. You are no where near Fitzgerald or the type of dominant force he can be when it matters. Ask around the Steelers locker room, if it wasn’t for Big Ben and his best Montana impersonation that man Fitzgerald would have been the only player in history to be enshrined in the HOF while their still an active player.

  39. Deb says:

    “MDS, I’m curious why we haven’t seen any articles on Ravens corner Ladarius Webb, a still unsigned RFA ranked just three spaces behind Wallace on PFT’s Hot 100. We’re getting a Wallace story a day. Why don’t you throw Webb some love? ”

    *******************************

    Another ridiculous statement from this sites resident bimbo.
    Honey, Webb has already signed a new deal/extension.

    Are you blonde? Hope that is your excuse

  40. Lol @ Deb, helllooooooo we already took care of Webby, to form one of the best cornerback tandems in the league

  41. @Deb
    “MDS, I’m curious why we haven’t seen any articles on Ravens corner Ladarius Webb, a still unsigned RFA ranked just three spaces behind Wallace on PFT’s Hot 100. We’re getting a Wallace story a day. Why don’t you throw Webb some love? ”
    —————–
    He signed a 6 year contract to stay with the ravens. Go back to the kitchen.

  42. @the Webbanatics …

    Now the free agent list is updated. Checked it at 2:00 and ran a PFT search on “Ladarius Webb” just to see whether there’d been any change in his contract status before I posted that comment. Both of those searches came up empty. So he signed yesterday and they hadn’t yet updated their system. All you idiots have been carrying on like he’d signed a month ago and I’d missed the whole thing. I wondered how PFT could have been that far behind. Good grief some people will do anything to try and make it seem like they actually know something. 🙄

  43. @kathyisintheroom …

    You’re name says it all: overinflated ego announcing her presence. Apparently you hope blabbering sexist nonsense at another woman who’s been a longtime commenter will make you seem feisty and intelligent. Good luck with that.

  44. ranoversquarells says: Apr 6, 2012 1:31 PM

    If Wallace really asked for more than Fitz then someone please test this guy for non-enhance performance drugs.
    _________________________

    I think he wanted to remain a Steeler for at least another year

  45. While Wallace’s long term contract demands are farsical, what’s to stop another division rival from simply making a higher 1 year offer?

    Wouldn’t the Steelers be pressed to match that? Thereby drying up their cap space or forcing them to make a cut to keep him?

    Unless I’m missing something there’s no reason a rival wouldn’t do this – unless there’s some type of collusion between organizations not to engage in that sort of machiavellian cap strategy.

    ————————————————–
    It would make sense but you don’t want to piss off another owner in the nfl, especially well respected ones like the Rooney’s.

    If you want the player fair enough, but if you’re just trying to mess other teams around it will quickly backfire on you.

  46. As a Steeler fan, I know Wallace is not (yet) in the Fitzgerald class, by a long shot. Now, let’s think about who else knows that: All of you, all of the GM’s, other coaches, owners, media, and, yes, Mike Wallace. Now, with that brand new info, just guess about the veracity of the report that Wallace asked for Fitzgerald money. Oh, you understand he didn’t and it was just rumor.Way to go.

  47. Amazing how many people misread the actual position Mike Wallace has placed himself.

    He’s happy in Pittsburgh (hasn’t made a peep to the contrary) but if he’s going to leave then ask for the moon. Why not?

  48. Wait a minute, how many articles were on this site proclaiming Wallce was going to be a Patriot, Raven, 49er, Bengal, etc. because I lost track.

  49. I know a 1st rounder is alot to give up, but if you are a team with a late 1st rounder, who is going to draft a WR anyway in the 1st rd, why not take the sure thing? For example, the Houston Texans, they are looking at Michael Floyd, Kendall Wright, etc…Sure those guys are younger and cheaper, but damn, Mike Wallace is a sure thing, put him with Dre, Walter, Foster, Tate…just saying. Not sure if the Texans have the cap, but if they did, they would be dumb not to consider it. The Texans last late 1st rd pick was Kareem Jackson, I’d much rather have Wallace than him.

  50. Nicholas Tredway says:

    The interest in Wallace was once wet?

    ————————-
    No, it just wasn’t dried up.

  51. If you look at the stats of Mike Wallace vs. Calvin Johnson vs Vincent Jackson his agent can make the argument that if he puts up similar numbers this year to his past two seasons that he should get somewhere between $30 million or $50 million guaranteed for signing a new contract because his three years of production is comparable to Jackson’s and Johnson’s production as both Calvin Johnson and Vincent Jackson received that guaranteed money this offseason. Mike Wallace is not signing with anybody. Mike Wallace is staying with a quarterback that he is comfortable with in a system that he is comfortable with in order to ensure that he has the best opportunity to put up numbers that will give him a big pay day and allow him to cash in on the all important second contract to the highest bidder. Period.

  52. @mikeypanic …

    Does telling women to shut up make you feel like a big man? Hon, I think your mom has dinner ready.

  53. Here are the facts gentlemen…

    Mike Wallace is not as good as people think. He’s really a one trick pony. He had a blistering start and put up insane stats during the first handful of games last season. Then teams started to notice and game planned for him. Then his production declined significantly.

    His Pro Bowl stats mainly came from the these games and so did the votes. If you look at the second half of the season, he was very mediocre.

    The better receiver is Antonio Brown and as he emerged, Wallace’s production dropped off significantly.

    All of this will work out perfectly for the Steelers. Wallace will play for $2.7 million this year, Antonio Brown will supplant Wallace as the #1 receiver, Wallace’s value will drop, Steelers will pay the big bucks to the correct WR (Brown) while Wallace leaves in free agency, or sign both Brown and Wallace to reasonable contracts.

  54. Hey yojoe,

    You’re something, I’ll say that for you. You start with “Here are the facts gentlemen…” and I’m sure you know there are ladies as well. Then, your first facts are nothing but your opinion, which many would ignore. You are probably one of those who heard an incompetent announcer state that Wallace fades out of bounds. The actually of the play was that the ball went out of bounds and Wallace merely went to get it. But, keep writing, I have a lot of time now and I get bored if I can’t read the PFT humor reports.

  55. The Steelers would love to keep Brown and Wallace together for the next 8 to 10 years. They compliment each other perfectly. And at times last year the Steelers were unstoppable with those two and Cotchery and Sanders. Wallace is staying with the Steelers. The Rooney’s will find a way to keep him.

  56. kathyisintheroom

    How can you say the Steelers will not be participants in the playoffs for awhile? They still have a solid defense and went 12-4 last year and would have went further if they had not had so many injuries. This team is still a very solid team. They have a chance to make the playoffs every year. This is a strong organization

  57. Wallace’s greed gets the best of him. If he gets injured next season, I wonder if his contract demands will help him after a serious injury? NOPE!

  58. and who said the Bengals were clearly ahead of the Steelers???? If i remember correctly we beat the bengals twice last year.

  59. Where are all those smart guys who were taunting just a couple weeks ago that “Wallace is gone, he’s as good as gone” — ha ha, so much for your big brainpower you MORONS. But keep on hating, maybe one day your dreams will come true…

  60. I’m certainly THRILLED with the thought of him remaining a Steeler, but it really must be the $$$ he’s asking for and not the 1st round pick that is keeping other teams away. The logic simply doesn’t make sense; why not give up a 1st round pick for a proven athlete when half the time you draft in the 1st round and end up with someone like JaMarcus Russell or Ryan Lief or some other bust?

    Even when they aren’t a total bust it’s more likely you’ll get someone who is good but not great. I would think spending your 1st round pick on someone who is already proven himself to be elite would be a no brainer.

  61. Teams really do not want to give up a first round pick and the load of money it would take to sign Wallace. First round draft picks are like gold.

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