The Pittsburgh Steelers put a tender on wide receiver Mike Wallace on Monday. According to Gerry Dulac of the Pittsburgh Post-Gazette, the Steelers will pay Wallace $ 2.7 million in 2012 and will have the chance to match any offer given to the restricted free agent. If Pittsburgh decides not to match an offer, they will get a first-round draft pick in return.
Dulac also stated that negotiations have taken place between the Steelers’ front office and Wallace’s agent, Buss Cook.
On March 6th, General Manager Kevin Colbert told www.steelers.com that keeping the Pro Bowl receiver in the Steel City is definitely in the franchise’s plan.
“We want Mike to finish his career here,” said Colbert. “That will factor into our decision. You have the same right of first refusal on any offer he gets. If he was franchised, you would have to account for a significantly higher amount under your cap, which means we would have had to cut more players. You have to weigh that against the chances you’re goi…
Source: Yardbarker: Pittsburgh Steelers
