Adam Schefter of ESPN reported Thursday morning that the Pittsburgh Steelers will not use the franchise tag on restricted free agent Mike Wallace should they not get him signed to a new contract in the next few days. The news comes as no surprise as the Steelers do not have the cap room to accommodate a projected $ 9.4 plus million franchise tag amount.
The Steelers have been in talks with Wallace about trying to get a new deal done before the start of free agency and team president Art Rooney II said after the 2011 season ended that Wallace would be a priority to get resigned. It was announced Read more […]
Source: Yardbarker: Pittsburgh Steelers