Daily Archives: April 12, 2012
Immediately after it was announced that the Pittsburgh Steelers had signed unrestricted free agent wide receiver Jerricho Cotchery to a two year deal I speculated on Twitter that I would be surprsiede if the contract totaled out over $ 3 million. Ed Bouchette tweets tonight that the deal does indeed total out at $ 3 million.
Will be surprised if Cotchery two-year deal totals out over $ 3 million. Signing bonus will be key number. 1 million maybe at tops. #steelers— Steelers Depot (@Steelersdepot) April 11, 2012
#steelers get Cotchery for $ 3M over 2 years.— Ed Bouchette (@EdBouchette) Read more […]
Source: Yardbarker: Pittsburgh Steelers
ESPN’s Adam Schefter reported Wednesday afternoon Steelers restricted free agent WR Mike Wallace is not planning to sign his RFA tender offer from Pittsburgh. It’s a one year guaranteed contract worth about $ 2.7 million.
In doing so, he’s saying he’s not playing until he gets the contract he wants.
His motivations behind this could be numerous, but at its core, it’s a leverage move by Wallace and his agent to negotiate a higher long-term contract – something both sides have said they want.
By not signing his tender, Wallace is stating he won’t play without a long-term deal, or, essentially, he intends to hold out until he gets an extended deal to his liking.
It could also be simply a veiled threat (incidentally, leaked to one of the most followed sports writers in the media) to force the Steelers to continue pressing on in negotiations.
It’s perhaps not a coincidence news of Wallace’s alleged desire to hold out came at approximately the same time the Steelers announced a two-year deal for free agent WR Jerricho Cotchery.
Speculation rules supreme this time of year, but the fact is the Steelers will want to avoid a holdout situation, but are not likely to be bullied by a player with Wallace’s level of tenure with the team.
Keep in mind, and this isn’t being reported, the Dolphins traded then-restricted free agent Wes Welker to the Patriots for a second round pick, and a seventh round pick, in 2007. It’s not as if the Steelers couldn’t trade Wallace and his contract demands for a suitable bounty, and leave the future contract negotiations to another team.
If the allegation is true (and the idea of Wallace wanting a Larry Fitzgerald-sized contract to leave Pittsburgh still hangs in the air, essentially unconfirmed), consider the gloves off between the organization and its biggest big-play receiver.
Source: Behind the Steel Curtain
The Steelers have brought back WR Jerricho Cotchery, as the NY Daily News reports that Pittsburgh and Cotchery have come to terms on a two-year deal.
Last season in 13 games, Cotchery had 16 catches for 237 yards and two touchdowns, including a TD in the playoff loss to the Broncos that got tied the game in the fourth quarter.
The Jets, the team Cotchery played for from 2004-10, talked to the WR, but he decided to stay with the Steelers.
In his career, he has 374 catches for 4,751 yards and 20 TDs.
Source: Steelers Gab