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The franchise tag deadline came and went on Monday and as expected the Pittsburgh Steelers did not use the franchise tag on restricted free agent wide receiver Mike Wallace. Instead Wallace will be tendered at the first round level of around $ 2.74 million.
For starters, the Steelers did not have the cap room available to place the near $ 9.5 million franchise tag on Wallace even after all of the restructures and recent terminations this offseason. Even if they had cleared more room to accommodate that amount, they would have lost the upper hand in the negotiations of getting a new deal done as Read more […]
Source: Yardbarker: Pittsburgh Steelers
