May 26, 2013

Steelers end contract talks with Mike Wallace

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According to Ed Bouchette of the Pittsburgh Post-Gazette, the Steelers have stoppedĀ negotiating with wide receiver Mike Wallace’s representatives until he signs his restricted free agent tender.

“The Steelers will suspend negotiations on a multiple-year contract until Wallace signs his one-year tender and reports to the team, a club source said. As a restricted free agent, Wallace was offered a one-year contract worth $2.472 million last March but he remains the only RFA in the NFL who has not signed,” reported Bouchette.

The best thing for Wallace to do at this point is sign the tender because sooner or later he’ll have to report to the Steelers if he wishes to make any money this season and get the long-term contract he desires.
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