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Mike Wallace: Steelers ponder just what he's worth The Pittsburgh Steelers are in a salary-cap jam that may cost them Pro Bowl wide receiver Mike Wallace . Wallace will become a restricted free agent in three weeks — and the new rule for restricted free agents means that any team wanting to sign him would have to give the Steelers a first-round pick rather than the first- and third-round picks of the past. Read full article >> Ravens Insider: Examining the Mike Wallace situation The Pittsburgh Steelers are flying into an offseason of serious uncertainty -- one in which they will experience plenty of turbulence before all is said and done. They are reportedly $10 million or so over the NFL's salary cap ceiling. Key players on defense showed their increasing age at points last season. Their starting running back, Rashard Mendenhall, tore up his knee on Jan. 1, an injury ... Pittsburgh Steelers: What Options Do They Have with Mike Wallace? With the new league year set to start in about three weeks, the Pittsburgh Steelers are faced with an issue that could drastically alter the franchise for years to come. Will they keep Mike Wallace, or lose him this free agency? For years, the Steelers habit was to groom players to be great, only to watch them leave for top dollar in free agency. In more recent history, the Steelers have signed ... Steelers Free Agency: Some Concern Over Losing Mike Wallace The Pittsburgh Steelers have a number of free agents heading into the 2012 NFL offseason but none are more important than wide receiver Mike Wallace . With just three years of service in the league, Wallace is a restricted free agent, which means the Steelers have some control of his rights. They could place the franchise tag on him, which would guarantee he stays off the market. But Pittsburgh ... Mike Wallace: Are the Pittsburgh Steelers Better off Without Him? There are only so many dollars to go around and as it stands now, the Pittsburgh Steelers are still $11.7 million over the salary cap, and they have plenty of work to do to get under that number by March 13. Pittsburgh will likely continue to renegotiate contracts as it has already with LaMarr Woodley and Lawrence Timmons (via the Pittsburgh Post-Gazette ), as well as make decisions on players ... Pittsburgh Steelers: The Latest News About the Future of WR Mike Wallace The chances for wide receiver Mike Wallace to remain with the Pittsburgh Steelers in 2012 and beyond are looking slimmer each day. While the team has worked over the past two weeks to try to improve their salary cap situation , and still has a number of moves to make, it still doesn't look likely they'll be able either to extend him a long-term offer or use the franchise tag on him in the ... Would Patriots pursue Mike Wallace? The New England Patriots are looking for a deep threat at receiver to go with receiver Wes Welker and tight ends Rob Gronkowski and Aaron Hernandez. Could Pittsburgh Steelers' speedster Mike Wallace be the answer? Hypothetically, Wallace would be a tremendous addition to Tom Brady's arsenal in New England. Wallace has the ability to stretch the field and take pressure and attention away from ... NFP: Steelers might not be able to afford Wallace Mike Wallace emerged as a star for the Pittsburgh Steelers this season, using his blazing speed to catch 72 passes for 1,193 yards and eight touchdowns. Why Pittsburgh Steelers Must Retain Mike Wallace at All Costs The Pittsburgh Steelers have to work against a tight salary cap situation, and as a result they may not be able to ink No. 1 receiver Mike Wallace to a long-term contract. Wallace is a restricted free agent this offseason and the team is likely to put a first-round tender on him (which would cost $2.742 million) as opposed to using the franchise tag ($9.6 million) in order to retain him. The ... Talk heats up in Pittsburgh that Mike Wallace could leave Ordinarily, when a team has a good young player who becomes a restricted free agent, that team does what it needs to do and keeps that good young player in the fold. But it's becoming increasingly clear that Steelers receiver Mike Wallace is not in an ordinary situation. Wallace becomes a restricted free agent in…
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References:
http://www.startribune.com/sports/139863223.html
http://www.sacbee.com/2012/02/18/4274697/phoenix-beats-dallas-2-1-in-overtime.html#mi_rss=Wire%20Nation/World
http://rd.sportsblogs.org/viewEntry.php?id=3507713&src=rss
http://rd.sportsblogs.org/viewEntry.php?id=3501333&src=rss
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