Not only did a teammate jump the gun in saying Steelers receiver Mike Wallace had a new contract, but the Steelers have reportedly decided to stop even talking to Wallace about a new contract.
Wallace is not reporting for the start of training camp, and the Steelers’ response will be to suspend negotiations on a long-term contract, according to Ed Bouchette of the Pittsburgh Post-Gazette.
According to Bouchette, the Steelers are willing to let Wallace make the decision of whether he’ll sign his one-year, $2.7 million restricted free agent tender or stay away. If those are his two choices, Wallace will surely take option B, at least for now. Wallace only has to sign the tender by Week One to get his full base salary.
But even if the Steelers’ position now is that they won’t negotiate with Wallace, it’s still possible that a long-term deal could get done. Wallace is an extremely talented player who’s still just 25 years old, and the Steelers would benefit from having him locked up to a long-term deal. They may not be negotiating that deal now, but that doesn’t mean it won’t happen eventually.