Blog Entry

Report: Big Ben restructures contract for PIT

Posted on: February 23, 2012 5:09 pm
Edited on: February 23, 2012 9:19 pm
It's not ideal, but the Steelers can survive in a Wallace-less offense. (US PRESSWIRE)
By Josh Katzowitz

Since it now seems that the most important thing in the world for the Steelers to do this offseason is keep Mike Wallace in the organization -- clearly the franchise is being truthful when it says it wants the receiver to spend his entire career in Pittsburgh -- even Ben Roethlisberger is willing to sacrifice.

According to the Pittsburgh Post Gazette, Roethlisberger has restructured his contract so the Steelers can save about $8 million in cap space for 2012. Reporter Ed Bouchette writes that the cap space saved by the Roethlisberger restructuring will put the Steelers at about the cap limit of $120 million (the deadline is March 13).

Roethlisberger signed an eight-year, $102 million deal in 2008, and though he was originally supposed to make $11.6 million in 2012, Pittsburgh has taken $10.7 million of that and converted it into a signing bonus. As Mac’s Football Blog points out, the signing bonus will then add $2.675 million to the Steelers salary cap from 2013-2015. Roethlisberger, who now has restructured his deal for the second time in six months, will make at least $11.6 million per year in those three seasons.

Pittsburgh clearly wants to keep Wallace, a restricted free agent this offseason, for the long term, and in order to do that, the Steelers will have to sign him to a long, rich contract. Or they could franchise tag him, which would cost the team about $9.5 million for 2012. Even with Roethlisberger’s restructuring -- and he's not the only one, as the team has reworked the contracts of Lawrence Timmons, LaMarr Woodley and Ike Taylor -- reaching that mark probably will be tough.

And at this point, Wallace isn’t sure he’ll return to his team.

"(Pittsburgh is) where I would like to be, but we all know that it is a business and you have certain things you have to handle," Wallace told Sirius XM NFL radio on Wednesday. "So if I have to go elsewhere, you know Pittsburgh will always be in my heart, but I have to do what I have to do.

"Yeah, we are talking, but I don`t know how far they are going to get right now because of the situation. I know that they are working hard trying to take care of it, but I don`t know. We`ll see.”

Steelers general manager Kevin Colbert is a bit more optimistic, saying Thursdasy (via the AP), "I'm confident Mike wants to finish his career with the Steelers."

Most likely, the Steelers will place a first-round tender on Wallace, but a team that needs receiver help and that has plenty of space under its respective salary cap (and can let go of a first-round pick) might have a better chance of making an offer to Wallace the Steelers simply can’t match. Then, it won’t matter what Roethlisberger has sacrificed, because one of his top targets will be gone.

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Since: Apr 25, 2008
Posted on: February 24, 2012 10:05 am

Report: Big Ben restructures contract for PIT

 love it when the people on these boards who are jealous of the Steelers jump on and put them down in anyway that they can.

oh please, steeler fans are the biggest homers, they come into every thread for every other team with they are the best team and the other team blows and big ben is better then your qb and our team has more superbowls and tom brady sucks and bla blah blah.  seriously you guys go in every tom bardy thread and put him down anyway you can. 

Since: Sep 5, 2008
Posted on: February 24, 2012 9:49 am

Report: Big Ben restructures contract for PIT

So from what I just read, how is Ben "willing to sacrifice"?  He certainly doesn't need the money right now to live, he's going to get all his money in the contract, he's still getting paid millions per year, so exactly where is all this sacrifice?  The quote by Wallace is a bunch of crap, if you want to stay in Pitt you'll sign the contract offered and you'll play there, you may not make the very top doolar out there but you'll still be a millionaire and what would please you more, playing for a bit less in Pitt and year in year out make the playoffs, or make top dollar playing for KC, Seattle, Cinn, and sitting at home playoff time?  Your decision superstar.

Since: Dec 1, 2008
Posted on: February 24, 2012 9:48 am

Report: Big Ben restructures contract for PIT

I love it when the people on these boards who are jealous of the Steelers jump on and put them down in anyway that they can. 

But seriously, I would love to see Wallace come back, but I won't be completely upset if he doesn't.  We still have two young, very talented WRs, which is more than we normally have in Brown and Sanders.  They also have a very good veteran in Cotchery.  Being that we will get a first round pick back for him, we will survive if he goes. 

His contribution to the team dropped considerably when Brown emerged in the second half of the year.  I am not sure if that was because the Steelers were sharing the ball with both of them, or Wallace's attitude because he wasn't the only  'go to' man anymore.  But seeing his comments that this is a business with little regard to the Steelers, and him speculating that he could go to the 49ers or wherever else during the inteview shows me that he is definitely not committed to the Steelers. 

Since: May 7, 2008
Posted on: February 24, 2012 9:42 am

Report: Big Ben restructures contract for PIT

You want to rebuild the defensive backfield, IPCCGOREFRAUD?  Why in the world would you strengthen the defensive backfield when the entire defensive line is aging and we may not even have a true nose tackle.  How can a 3-4 team not have a true nose tackle on their team?!  I will agree that they need to strengthen the offensive line as well, but the defensive backfield is not a top priority, especially on a team that was first in the league in PASS DEFENSE!

Since: May 7, 2008
Posted on: February 24, 2012 9:36 am

Report: Big Ben restructures contract for PIT

A little Larry Fitzgerald in him?  Are you crazy?  Wallace is good, but he has a completely different skill set than Larry Fitzgerald.

Since: Dec 22, 2011
Posted on: February 24, 2012 8:57 am

Report: Big Ben restructures contract for PIT

Wallace can be more than a deep threat. They dont use him as much as they should. There are times when they dont use him for 2 straight series. Throw the ball off the line to him. Use him on reverse more. Do slant ins with him. When they do, it works!  This guy can do it all. Just give him more plays. If he stays, maybe Haley will see a little Larry Fitsgerald in him and play call more for him. 

Since: Feb 20, 2009
Posted on: February 24, 2012 8:53 am

Report: Big Ben restructures contract for PIT

Of course it would be great to keep wallace, but if some team overspends on him and wants to give the Steelers a number one pick, even if late -- do it. Great QBs make WRs, so having a good QB is more important than wasting hoards of cash on a guy who catches the ball 1 to 6 times a game.  Use the two number ones on two O-lineman, or OL and NT.

Since: Aug 14, 2006
Posted on: February 24, 2012 8:44 am
This comment has been removed.

Post Deleted by Administrator

Since: Aug 14, 2006
Posted on: February 24, 2012 8:37 am

Report: Big Ben restructures contract for PIT

BYTE ME (a ravens fan said) 

Now on a side note. Ben will not restructure, a second time in 2 years to pay someone else, just won't happen.
He said this in response to me saying Ben would restructure to pay Wallace.
Blahaha  you should know Steeler fans are much more knowledgeable football fans than Ratbird fans.

Since: Oct 20, 2009
Posted on: February 24, 2012 8:29 am

Report: Big Ben restructures contract for PIT

Freaking Ike Taylor? Are you kidding me? The guy needs to go!

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