Pittsburgh Steelers wide receiver Mike Wallace has waited up to this point in the offseason to get word on a long-term contract from the Steelers, or a trade offer from another team, and neither one has come to surface.
According to Adam Schefter of www.espn.com, the Pro Bowl receiver said that he wouldn’t sign the first-round tender worth $ 2.7 million “until he has to.” This gives the indication that Wallace is willing to sit out of organized team activities and training camp this summer.
The three-year veteran has until June 15th to sign the offer sheet. If Wallace decides not to do so, then the Steelers have the right to cut the tender to $ 577,500, which would be a $ 2.1 million dollar cut for Wallace. Pittsburgh could definitely use that money with their tight budget for this coming 2012 NFL season.
In all honesty, I do feel that Wallace deserves a nice-sized contact due to what he has done on the field for the past three years. However, given the fact that he is just reall…
Source: Yardbarker: Pittsburgh Steelers
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