It’s not too late for receiver Mike Wallace to sign a long-term contract with the Steelers that will ensure he remains in Pittsburgh for the prime of his career.
But it’s not likely, either.
The Steelers and Wallace’s camp re-started contract talks this week, shortly after Wallace reported to the team and signed his one-year, $2.7 million restricted free agent tender, according to Jason La Canfora of CBS. But while the talks may continue this week, it appears that the chances of a deal actually getting done are slim.
From all indications, Wallace wants a contract like the five-year, $55.5 million deal that Vincent Jackson got from the Buccaneers, and he’s not willing to settle for less than that. La Canfora reports that the Steelers would be willing to go to five years and $50 million, with $25 million guaranteed, but Wallace is fixated on making $11 million a year.
And so it appears that Wallace and the Steelers are unlikely to come to an agreement. Even though they’re willing to spend another week negotiating.