According to Alan Robinson of the Pittsburgh Tribune-Review, Wallace is looking to make about as much money as Vincent Jackson received from the Buccaneers. The Steelers have made it clear though, they won’t negotiate unless Wallace signs his tender and reports to camp.
“The message the Steelers sent to Wallace — their holdout receiver who wants a contract like receiver Vincent Jackson’s $55 million contract with Tampa Bay — couldn’t be clearer. Namely, if he wants a new contract, he needs to be in camp. Wallace, who has failed to sign his $2.742 million tender, is the only restricted free agent in the NFL who is not in training camp,” reported Robinson.
Right now it doesn’t look like Wallace will get a new contract any time soon and he could end up being traded.