The Steelers are still going to have to squeeze DeCastro in as well. Or, does each team get a cap number for rookies that is separate from the rest of the team? His contract will probably have a $750,000 to 1,250,000 cap hit I would think. The Steelers are not in a good position from a cap perspective to give Wallace relatively big money, unless, they can get an extra year added on to the contract and reduce his pro-rated signing bonus. I believe there will be a Mike Wallace to be had in almost every round of future drafts, except maybe the 7th. His contract could haunt the Steelers for a few years if they aren't careful, IMO.
Don't the Steelers have to leave a little room, say 1-2 million in case of injuries, suspensions, etc? I'm by no means a contract negotiator and I don't have all the facts about the Steeler cap situation. Does the current cap number include Wallace's tender? If it does that would add a nice chunk of change for the Steelers to use to help sign Wallace. It would increase the amount they have to spend by the amount of the tender, which is, I believe, $2.75 million right now.
Pappy
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