The impasse between WR Mike Wallace and the Pittsburgh Steelers remains as Wallace refuses to sign his tender offer. If Wallace wants to play football this season, he will need to sign his tender and at least play in six regular season games in order to qualify for free agency in the offseason. Wallace is demanding a new long-term deal from the Steelers but that option remains cloudy after Pittsburgh extended the contract of WR Antonio Brown.
A Steelers source told the Pittsburgh Post Gazette that the club will wait several weeks before deciding on whether or not to add a veteran receiver to the team’s roster.
Pittsburgh could have reduced their tender offer after Wallace did not sign by the June deadline, a move which would have reduced his salary from $2.7 million to $577,000, something the Steelers were able to do under the terms of the collective bargaining agreement.
The first week of the exhibition season is preparing to start. If another team suffers an injury to their top receiver, it’s very possible that they could inquire about Wallace. Pittsburgh will likely be able to secure a long term deal with Wallace and would lose him in free agency next season, if he reports this year and becomes eligible for free agency. Perhaps the Steelers would be better off to trade Wallace and collect a high draft choice while ending the drama.