Steeler Nation is getting more and more impatient with Pittsburgh Steelers wide receiver Mike Wallace and the situation that he has with the Steelers’ front office. The 2012 NFL Draft is in the books, training camp will be here before you know it, and there is still a stalemate between Wallace andPittsburgh’s management.
The Pro Bowl receiver still have until June 15th to sign the tender offer sheet of $2.7 million that was presented to him. If Wallace decides not to do so, then the Steelers have the right to cut the tender to $577,500, which would be a $2.1 million dollar cut for Wallace.
As I mentioned last month, Wallace does deserve a lucrative contract based on his statistics over the past three years. However, he still isn’t at the elite level where he can demand an all-time NFL record contract.
Holding out at this point and time will not benefit Wallace, or the Steelers’ offense. Steelers quarterback Ben Roethlisberger is already mentioning of how complicated offensive coordinator Todd Haley’s new offensive scheme is. Having Wallace at minicamps right now will make things a little less stressful for himself and the offense. Holding out can also have a negative effect on the three-year veteran receiver’s performance going into next season. Resent history has shown us this.
If there is one person that Wallace can look to as an example from last year is Tennessee Titans running back Chris Johnson. Leading up to last season, Johnson held out of training camp and missed the entire preseason, which resulted in his subpar 2011 NFL regular season.
I guess that it still hasn’t crossed Wallace’s mind that the Steelers have been in a tight bind financially since the start of the offseason, and is in no position to give him a big deal right now. Signing the tender will not only help the franchise as far as with the salary cap, but it will also give Wallace more than enough time to get acclimated to a new offensive coordinator, which would give him a better chance to prove this upcoming season that he is worth a gargantuan contract.
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