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Wallace, Steelers can’t reach a long-term deal before Opening Sunday of the NFL season

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By Anthony Caruso III
The Capital Sports Report
Owner/Managing Editor/Sr. Writer

Mike Wallace has been complaining all summer that he wanted a new contract from the Pittsburgh Steelers.

Mike Wallace (Getty Images)

Yet, Wallace has not received a new deal, especially after missing so much of training camp. And with the opening Sunday of the NFL season just hours away, that has ended any hope of a new deal for now.

He reluctantly signed a restricted free agent tender and will make $2.7 million this season. The Steelers and Wallace’s camp did talk about a long term contract, but both sides said those talks would end when the season started.

Wallace would like to receive a five-year, $55 million dollar deal, something in the neighborhood that Vincent Jackson received from the Tampa Bay Buccaneers this off-season. An $11 million dollar a year season could be too much for a young player that is coming off of one good season.

Should he have another good season this year, he would likely get a franchise tag. And he would be one of the highest paid receivers at the position after that.

Many teams do not consider Wallace an $11 million dollar a year player. He may have to wait several years to get the contract that he wants.

He previously wanted teams to pay him Larry Fitzgerald money. But all the teams bulked at that idea.

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