Archive for the ‘Mike Wallace’ Category

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Speed is overpaid. Personnel men deem it hard to find, so they spend lavishly when they have the chance to acquire it. That’s what the Miami Dolphins did this offseason when they signed Mike Wallace from the Pittsburgh Steelers. The 26-year-old receiver, who has speed to burn like middle easterners with oil, will be paid $60 million over the course of five years, provided he plays through the length of his new deal.

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New York Jets v Pittsburgh Steelers

Mike Wallace is a very rich man. I know this seems like a very obvious statement considering the former Steeler signed a 5-year $60 million contract with the Miami Dolphins (the deal included a $11 million signing bonus and $27 million in guaranteed money).

He has so much money that he could buy and sell my existence several million times over.

That said, according to Wallace’s dad, the 26-year old wide receiver could have pocketed even more cash if he had decided to sign with the Minnesota Vikings.

“The [Vikings] had come to the point where they were telling him, ‘You don’t have to live here, just be here during the season,’ ” Wallace’s father, Mike Jr., said by phone this week. “He wanted to get out of that snow and cold weather.”

Well, I guess we learned today that sometimes money isn’t everything. We also learned that no sane human being would actively choose to live in Minnesota during the winter.

Hat-tip to the Miami Herald and PFT

San Diego Chargers v Pittsburgh Steelers

UPDATE: Pro Football Talk is reporting that the deal has been agreed to and that Wallace is already taking a physical to finalize it.

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Other than a report Tuesday morning that the Vikings may outbid them, it’s been a pretty safe bet that the Dolphins would sign Mike Wallace when free agency opened today.

Now it appears closer than ever, with Wallace reportedly in Miami right now negotiating a five-year deal with the Dolphins that Adam Schefter says “is ‘very, very likely’ to get done.”

Omar Kelly and John Clayton have since reported that the deal will be for five years and $65 million (13 million per year), with $30 million guaranteed.

Pittsburgh Steelers v Cincinnati Bengals

With the Vikings’ blockbuster trade of Percy Harvin on Monday, the team can now afford to go spending to fill their new receiving hole, and the Miami Dolphins believe the Vikings will try to do that spending on Mike Wallace.

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wallace-point2

Not a real Dolphin, although anything is possible. Personally, I’ve always thought of Mike Wallace as more of a gecko.

Even though it’ll certainly be a highly notable signing when it’s finally official tomorrow, Wallace agreeing to terms with Miami will also be the least surprising signing of this free agency period. Especially since right now, highly connected insiders are referring to the Dolphins’ signing of Wallace using the past tense.

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New England Patriots v Pittsburgh Steelers

The New England Patriots are interested in free agent Wide Reciever Mike Wallace, according to the Miami Herald’s Armando Salguero.

New England joins Minnesota and Tennessee in the hunt for Wallace, who is the top wideout available in this year’s free agent class. The Patriots lack a vertical threat in their offense. Paired with elite Tight End’s Rob Gronkowski, Aaron Hernandez and possibly Wes Welker in the slot, Wallace could be a game breaking addition for Tom Brady and offensive coordinator Josh McDaniels.

Last season ’60 minutes’ started 14 games for the Steelers, catching 64 passes for 836 yards and eight touchdowns.

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In exactly two weeks, Mike Wallace will be that cool kid you always wanted to be. Remember when you were the first one with a Discman? So awesome.

Right now, it feels like everyone will want to be around Wallace once free agency begins. They’ll call him late at night, and perhaps send flowers and chocolates. We know Joe Philbin will likely, almost definitely be making a call. Or eight.

But what about the Panthers?

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