Wallace Drawing Trade Interest From Other Teams
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PITTSBURGH (93-7 The FAN) — Mike Wallace didn’t initially draw the interest in free agency he had hoped, but he might now be getting closer to playing football for another team.
Reports circulated Thursday that a “handful of teams” are interested in trading for Wallace’s rights.
When the Steelers placed a first-round tender on Wallace it required teams to hand a first round draft pick to Pittsburgh should Wallace sign elsewhere. As free agency went on it became clear teams weren’t interested in sacrificing so much and paying Wallace a hefty paycheck — he said he’s interested in a contract like Arizona Cardinals wide receiver Larry Fitzgerald, who signed an eight-year, $120 million deal.
By acquiring Wallace via trade, teams could choose what they’re willing to fork over. Clearly, given the reports, a trade is a much more attractive option.
Wallace has made it pretty clear that he’s not interested in signing his tender, which will pay him $2.4 million in 2012. It appears he’ll hold out of OTAs.
The Steelers may be inclined to trade Wallace and get at least something in return. Wallace will be an unrestricted free agent after next season and would likely sign elsewhere.