Wallace to sign tender Tuesday
Finally, there's going to be a tender moment between Mike Wallace and the Pittsburgh Steelers.
After almost an entire off-season of drama, speculation, rumors, and conflicting reports, Wallace will finally end his holdout with the Steelers on Tuesday and will sign his 1-year, $2.74 million tender offer, according to Aditi Kinkhabwala of NFL Network. Earlier today, Mark Kaboly of the Pittsburgh Tribune-Review also posted on Twitter that Wallace would be returning Tuesday.
After he signs the tender offer, Wallace will be able to return to the negotiating table with the Steelers' front office and attempt to secure a long-term contract with the team before the start of the regular season. The Steelers historically do not negotiate contracts after the regular season starts, so the Pro Bowl receiver will have until the first game of the 2012 season, Sept. 9, to sign a new deal; otherwise, he'll be playing for his tender amount and will become an unrestricted free agent after the season.
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