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Tag:Mike Wallace
Posted on: March 5, 2012 5:33 pm
 

2012 NFL Franchise Tags: Winners and losers

Jackson's a big winner Monday, as he escaped the franchise tag like it was a defensive back. (Getty Images)
By Will Brinson

A record 21 players received a franchise tag in advance of Monday's 4 p.m. ET deadline, including six kicker-types. You can see everyone that got tagged at our 2012 NFL Franchise Tag Tracker. Let's break down the winners and losers below.

Winners

Vincent Jackson: Jackson held out most of 2010 because he wanted to get paid. He then signed his franchise-tag tender in 2011 because he wanted to get guaranteed money. Now that the Bolts declined to tag him, he's going to get filthy rich as one of the top two wide receivers to hit the free-agent market on March 13. Jackson and Marques Colston are the two top talents on a market that features several teams -- the Redskins, Rams, Jaguars, Vikings, and Seahawks, to name a few -- in need of a wideout.

Carl Nicks: Nicks reportedly hasn't heard anything on a new deal from the Saints and with New Orleans not reaching a deal with quarterback Drew Brees before the 4 p.m. ET deadline, Nicks is going to hit the open market on March 13. He's 26, a two-time Pro Bowler and made the All-Pro team in

Matt Flynn: Flynn wasn't expected to receive a tag from the Packers, but it's official now, and that means he'll hit the free-agent market. This is critical for Flynn given the number of quarterback-needy teams out there. It's also critical because the Packers won't control his next destination; if they tagged Flynn for the price of $14.4 million guaranteed (which he would sprint to sign), then they'd almost certainly end up trading him. Now Flynn gets to land a bigger contract on the open market.

Brandon Carr: The Chiefs decided to use their franchise tag on wideout Dwayne Bowe. That's a smart move, considering they signed cornerback Stanford Routt recently. But it also means that Carr, a 25-year-old defensive back coming off his best season in 2011, will have the chance to hit the open market. Young free-agent cornerbacks are a coveted commodity, and Carr should expect to get paid handsomely.

Stevie Johnson: The leverage of the guaranteed money involved with using the franchise tag on a wide receiver ($9.4 million) coupled with the deadline on Monday really escalated the talks with the Bills and Johnson, and he ended up netting a deal worth $7.25 million per year. That's not exactly on par with the highest-paid wide receivers in the NFL, but

Losers

Wes Welker: The Pats could very well end up getting Wes Welker signed to a long-term deal, but he can't be happy about being put in a situation that could have him not reaching full free agency until he turns 32 (he'll turn 31 in May of this offseason) if the Patriots simply want him to play another year on the franchise-tag value. Welker would've hit a market that paid him handsomely and it might be difficult for the Patriots to pay him the money he wants over longer period of time. We could see a holdout here.

New Orleans Saints: As if things weren't bad enough for the Saints -- see here, here, here, here, here and, whew, here -- they're likely going to lose their top wide receiver (Marques Colston) and one of their top offensive linemen (Nicks) to free agency. Their quarterback (Drew Brees) is not happy with his contract situation, and losing two weapons like that won't do much to improve his mood. So once they get done with BountyGate, there should be plenty of more fun to deal with.

Cliff Avril
: Detroit should be thrilled that they bring Avril back, but that doesn't mean the defensive end has to be happy. He's not, because he knows he'd kill on the open market this season. He'll get more than $10 million guaranteed next year and that's why it seemed possible that the Lions could let him walk -- they've got more than half their salary cap tied up in Avril, Matthew Stafford, Ndamukong Suh and Calvin Johnson next year. So there's some good news: the Lions very much would like to lock up Avril to a long deal.

Houston Texans
: The Texans locked up Arian Foster to a five-year deal that takes him through his 30-year-old season, which is perfect timing for a running back. But it's also giving a lot of money to a running back. (Foster is a tremendously talented guy, a perfect fit for what the Texans do, a great pass-blocker, a great pass-catcher and many other things. But he is still a running back.) On that same day, they were unable to secure Mario Williams, who was their No. 1 pick in the 2006 NFL Draft. Super Mario will become a free agent, and unless he's willing to take a serious discount to stay with the Texans, it's hard to fathom how they keep him.

Pittsburgh Steelers: It seemed like the Steelers decision to go on a cutting spree and get below the salary-cap line would result in them using the franchise tag on Mike Wallace, who's a restricted free agent. They didn't and because of a confluence of events, they could be in trouble. One, Stevie got $7.2 million a year just now. Two, Jackson and Colston will get big money in free agency. And three, various tags on other high-profile wide receivers will draw more interest for teams that could consider giving Wallace an offer sheet. He may very well end up staying with the Steelers, but there's at least reason to be concerned.

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Posted on: March 1, 2012 5:08 pm
 

Report: Steelers to release DE Aaron Smith

Ward and Smith were the two remaining players the organization had drafted in the 1990s. (US PRESSWIRE)

By Ryan Wilson

The Steelers' veteran purge continues: a day after Pittsburgh announced that they would release wide receiver Hines Ward, defensive end Aaron Smith is next in line, according to NFL Network's Jason La Canfora.

NFL News, Notes
Smith, like Ward, was drafted in the 1990s, and was an integral part to the team's success for much of the 2000s. But after starting every game but one from 2000-2006, Smith missed five games in 2007, and played in just 15 games from 2009-11 while he recovered from an assortment of injuries. In Dick LeBeau's 3-4 scheme, the defensive ends aren't pass-rushing specialists; instead, they're responsible for taking on blocks (and often double-teams) while the linebackers behind them make the tackles.

At the height of his career, Smith was considered the prototypical 3-4 end. And while he wasn't a household name, his talents didn't go unnoticed; Patriots head coach Bill Belichick once singled him out as one if his favorite players to watch. But that was before injuries and age caught up to him.

Now 35, Smith's fate doesn't come as a surprise. In four games in 2011, he wasn't nearly the player the Steelers had watched for more than a decade. And with the organization's current salary-cap situation, there were going to be some roster casualties. On Wednesday, it was Ward, one of the best players in team history. Thursday it appears to be Smith. And in the coming weeks and months, linebackers James Farrior and Larry Foote, and nose tackle Casey Hampton could also see their careers in Pittsburgh come to an end.

But the Steelers have been preparing for this day; they drafted defensive linemen Ziggy Hood in 2009 and Cameron Heyward in 2011. Hood started nine games in 2010 and 14 games last season, while Heyward saw action in 16 games as a rookie.

Every offseason comes with player turnover, but the Steelers roster could look much different in 2012, especially if Mike Wallace ends up elsewhere.

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Posted on: March 1, 2012 11:09 am
Edited on: March 2, 2012 12:21 am
 

Report: Steelers will tender Wallace, not tag

Pittsburgh might decide to tender Wallace, a restricted free agent, instead of franchise tagging him. (Getty Images)
By Josh Katzowitz

A day after announcing that they would cut Hines Ward, the Steelers are leaving themselves open for the possibility of another receiver leaving the team.

According to ESPN’s Adam Schefter, the Steelers will tender -- and not franchise tag -- restricted free agent Mike Wallace.

Wallace is coming off a 72-catch, 1,193-yard, eight-touchdown season in Pittsburgh, where he led the team in all categories. He’s also one of the NFL’s best deep receiver threats, averaging 18.7 yards per catch in his three-year career. At this point, he’s a star in the making.

NFL News, Notes
The Steelers apparently will place a first-round tender on Wallace, but considering Pittsburgh’s salary-cap problems -- how many times is Ben Roethlisberger going to have to restructure his contract, anyway? -- it wouldn’t be a surprise to see another squad swoop in and offer Wallace a deal the Steelers can’t match.

The franchise tag would cost the Steelers about $9.4 million for 2012, and there’s little chance for the math to work. Pittsburgh now has to hope Wallace isn’t seen by the rest of the league as worthy of a first-round pick.

The Steelers claimed during the combine that they want Wallace to finish his career in Pittsburgh, as general manager Kevin Colbert said, “We think he's only scratched the surface in what he can do. There's a lot left there that still can be developed and we're anxious to see it happen as a Steeler."

But if the Steelers do, in fact, decide to tender Wallace instead of tag him, the chances of that actually happening will grow slimmer.

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Posted on: February 29, 2012 5:38 pm
Edited on: February 29, 2012 8:06 pm
 

Steelers set to release WR Hines Ward

Hines Ward was Super Bowl XL MVP and the face of the Steelers  for more than a decade. (Getty Images)

By Ryan Wilson

After 14 seasons, 1,000 receptions and 85 touchdowns, Hines Ward's tenure in Pittsburgh is all but over. It was once a matter of if, now it's when, and team president Art Rooney II provided those details Wednesday.

“We had a conversation today with Hines Ward and informed him that we plan to release him of his contract prior to the start of the 2012 NFL calendar year,” Rooney told the team’s website.

“Hines has been an integral part of our success since we drafted him in 1998 and we will forever be grateful for what he has helped us achieve. He has meant so much to this organization, both on and off the field, and we appreciate his efforts over the past 14 years. Hines’ accomplishments are numerous, and he will always be thought of as one of the all-time great Steelers. We wish him nothing but the best.”

Ward released a statement of his own (via NFL Network's Andrew Siciliano):

"This isn't how I wanted this chapter of my career to end. I did everything in my power to remain a Steeler and finish what I started here 14 years ago," he said. "I want to thank the organization, my teammates and coaches and everyone who made my run as a Steeler the best years of my life. To Mr. Rooney, thank you for allowing me to play for one of the greatest organizations in the world. To my fans and in particular, Steeler Nation, thank you for your support and all the great memories. I gave my heart and soul for you every down and I will always bleed black and gold. I do feel that I still have more football left in me and I am looking forward to playing in the NFL, again, this upcoming season."

The Pittsburgh Post-Gazette's Gerry Dulac tweeted Wednesday that the organization felt that Ward had nothing left.

gerrydulac
Decision to release 86 was not about money. He could've offered to play for free and wouldn't matter. Coaches feel he can't play anymore.
2/29/12 7:12 PM

gerrydulac
Ward would have been Sunday inactive if Steelers kept him. They didn't want him taking a roster spot at expense of developing young player.
2/29/12 7:14 PM

The 2011 season was Ward's worst since his rookie campaign; he lost his starting job to second-year standout Antonio Brown and managed just 46 catches for 381 yards (and a career-worst 8.3 YPC average), and two touchdowns. Part of Ward's decline can be blamed on age (he's 35), but he also suffered a severely sprained ankle in Week 4's loss to the Texans.

Whatever the explanation, the Steelers are ready to move on without him, which means that the 2012 offense will feature quarterback Ben Roethlisberger throwing to Brown, Emmanuel Sanders and Mike Wallace -- assuming the team extends his contract (he won't be franchised, at least to hear general manager Kevin Colbert at last week's combine). The three wideouts, none older than 25, constitute one of the league's most dynamic receiver corps, which should make new offensive coordinator Todd Haley's job a lot easier.

Ward, meanwhile, thinks he has a few years left. It just won't be in Pittsburgh -- unless the team re-signs him later this the summer, perhaps an option given that there are currently three wide receivers on the roster. More likely: the Steelers make a run at Jerricho Cotchery, who they signed to a one-year deal before the 2011 season to be the No. 5 wideout. By December, he had also surpassed Ward on the depth chart and proved to be a capable underneath target and a willing blocker.

While the Steelers continue their free agency and draft preparations, and Ward contemplates his NFL future, the conversation will inevitably turn to the latter's Hall of Fame credentials. In our minds, he's a lock. Then again, we don't have a vote.

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Posted on: February 24, 2012 5:26 pm
Edited on: February 24, 2012 5:27 pm
 

Ravens unlikely to chase RFA Mike Wallace

Don't expect Baltimore to pursue Wallace off the field. (Getty Images)
By Will Brinson

INDIANAPOLIS -- Though the Steelers now look much more likely to retain wide receiver Mike Wallace, there's still a fear among Pittsburgh-area football fans that Wallace, a restricted free agent, could be lured away by another team. That team, according to GM Ozzie Newsome and coach John Harbaugh, won't be the Baltimore Ravens.

When asked about the Ravens going after potential restricted free agents, Newsome stressed the difficulty involved in doing so.

"The problem with going after a restricted free agent is that at that point, the player and the agent have all the leverage," Newsome said on Friday at the NFL combine. "Because you have to do a deal that you don't think the other team is going to match. And then giving up a first round pick -- with the new rules, that first-round pick, the amount of money you have to pay over the next four years, it's not like it was in the previous CBA.

"So you have to factor all of those things in before you decide to do it. There are some teams that have two [first-round picks] this year, but they'll be thinking about all those other ramifications."

Harbaugh was more blunt than Newsome, simply pointing out that pushing money towards a free-agent wide receiver simply isn't "smart" given the Ravens financial situation.

'I don’t see us spending high numbers on a wide receiver," Harbaugh said. "We just don’t have the cap room. It wouldn’t be smart."

And then there's this: the Ravens already have a deep-threat wide receiver. Asked about the need for one, with Torrey Smith on the roster, Newsome offered only good-natured, sarcastic-laced rhetorical questions.

"Did you watch us play this year? Do you think we need a deep threat?" Newsome said.

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Posted on: February 24, 2012 5:11 pm
Edited on: February 25, 2012 1:29 am
 

2012 NFL Free Agency: Wide receiver rankings

The 2012 free-agent wide receivers is a stacked group of players. (Getty Images)
By Will Brinson

Leading up to the start of free agency on March 13, we're compiling the best 2012 NFL free agents by position. These are the wide receivers.

Everyone knows the NFL is a passing league these days and that you need an elite quarterback to succeed. But take a look at the teams who made the playoffs in 2011 and you might just realize that having talented wide receivers is a must too. (Just ask Eli Manning.)

Only the Ravens, 49ers and Broncos bucked the trend, and there are mitigating circumstances. Each of those teams is run-heavy, and each of those teams has burned an early-round pick on a wideout -- Torrey Smith, Michael Crabtree and Demaryius Thomas, respectively -- in the last three years. So it’s not like they’re not trying here.

The need for wideouts was especially glaring amongst the NFL’s dregs: the Jaguars, Rams, Browns, Vikings, Redskins and Buccaneers all have something on common besides their terrible records.

Good news, then, for those teams -- this free-agent class is absolutely stacked with talented wideouts. A good portion of them could be franchise-tagged, but the guys who make it to the market are going to get straight paid.

1. Wes Welker

Breakdown: Welker’s considered the perfect fit for the Patriots, and it’s hard to argue: his numbers working in New England’s system since 2007 are absolutely bananas. 111 catches, 1,221 yards and six touchdowns ... on average. “The Patriot Way” might mean one thing on the field and at press conferences, but in the front office it means not over-paying for veterans who want too much money. That’s what Welker is right now, as he’s reportedly seeking $14-15 million per year, more than the Pats have probably invested in all their wideouts in a long time. Franchise-tagging Welker has “hold-out” written all over it, and there’s a common belief that Bill Belichick will call Welker’s bluff and let him test the market.
Potential Landing Spots: Patriots, Jets, Rams, Bears

2. Mike Wallace

Breakdown: Wallace is a restricted free agent and what happens to him this offseason is one of the more fascinating storylines to emerge from the new Collective Bargaining Agreement. If the Steelers simply tender Wallace at their non-franchise-tag max, a team in need of a deep threat could negotiate a deal with Wallace. Pittsburgh would have the right to match, but they’re in a major cap quagmire right now; if the team offering Wallace the contract simply front-loaded the deal, it would be nearly impossible for the Steelers to retain him.

They’d get a first-round pick in return, and you can bet Kevin Colbert will turn it into something nice. But there’s no better way to hurt your competition than by taking one its best players. Good news emerged for the Steelers on Thursday, as they restructured Ben Roethlisberger's contract and may have gotten under the cap. Now they just need to whack another $10 million off their total and Wallace, who is just 25 and has averaged 66 catches, 1,225 yards and nine touchdowns the past two seasons, can "finish his career" in Pittsburgh.
Potential Landing Spots: Steelers, Ravens, Patriots, Bears

3. Marques Colston

Breakdown: Colston’s the rare player who re-negotiated his rookie contract after just two years. But that’s what happens when you crank out back-to-back seasons with more than 1,000 yards and establish yourself as Drew Brees’ top target. Colston’s no longer the true No. 1 option in New Orleans -- Jimmy Graham and Darren Sproles were more involved in the passing game in 2011 -- but he’s got the tools of an elite wide receiver. And at age 28 and as the only guy not sweating a franchise tag, he’s going to get paid like one too.
Potential Landing Spots: Bears, Rams, 49ers

4. Dwayne Bowe

Breakdown: Bowe was a 50/50 shot to make it to the market, because the Chiefs also needed to retain cornerback Brandon Carr. But then KC landed Stanford Routt after the defensive back was discarded by the Raiders. That gives the Chiefs some flexibility with Bowe; they can franchise tag him and try to re-sign Carr later. Bowe’s a hulking presence on the field and a physical receiver capable of acrobatic and explosive plays.

Somehow he’s broken out twice in his short career (no, really, he has, even though he's just 27), and it’s scary to think what he could do in a high-octane offense with an elite quarterback. Don’t expect him to hit the market just yet though; the Chiefs can't afford to lose him in what should be a rebound year for KC's offense. He's well worth the $9.4 million.
Potential Landing Spots: Chiefs

5. Vincent Jackson

Breakdown: The Bolts reportedly want to pay V-Jax and keep him in San Diego long term. Which is a fantastic sentiment, but one that’s too tardy to get Jackson to take a deal that doesn’t max out his value. Because he was franchised in 2011, his franchise-tag salary for 2012 would be prohibitive. There’s some concern with his off-field history; Jackson's got a pair of DUI arrests on his record. But if A.J. Smith can’t lock him up between now and March 13, he’s going to make a boatload.
Potential Landing Spots: Bears, Chargers, Jaguars, 49ers, Rams

6. DeSean Jackson

Breakdown: The Eagles are expected to use the franchise tag on D-Jax, but there’s also a possibility that they’ll look to deal him elsewhere after locking him into that tag, which means another team would likely shell out an extension for the oftentimes troubling wideout. Howie Roseman said at the combine that the Eagles want to work something out long term with the receiver.

Jackson’s a home-run hitter and one of the most explosive receivers in the game, but he also feels like a powder keg at times. He’s held out from Eagles camp, he’s talked openly about wanting more money, he’s been vulnerable to injury and he’s been accused of not trying his hardest on the field at times. Will that change if he gets a big contract?
Potential Landing Spots: Eagles, Redskins, Bears

7. Brandon Lloyd

Breakdown: It’s considered a near lock that Lloyd will figure out a way to land with in New England; he’s hitched his wagon to new Patriots offensive coordinator Josh McDaniels. There’s good reason for that: McD is the guy who turned him into a Pro Bowler in Denver and salvaged his career. Lloyd would fit what the Patriots need well, as a wide receiver not named Ochocinco who can actually still stretch the field. But don’t count out the Rams -- Lloyd told us at the Super Bowl that with a new coaching staff in town, he’s certainly interested in sticking around and helping Sam Bradford grow.

There are some concerns with Lloyd. He's older (he'll turn 31 in July), the majority of his success came while working directly with Josh McDaniels. And there's Lloyd's 45.5 percent catch rate (according to Pro Football Focus, that's the fourth-lowest among wideouts who played at least 50 percent of their team's snaps), which could be alarming. But you could also point to the quarterbacks -- Tim Tebow, Kyle Orton, a dinged-up Sam Bradford, Kellen Clemens and A.J. Feeley, as the problem there.
Potential Landing Spots: Patriots, Rams

8. Stevie Johnson

Breakdown: It’s hard not to be fascinated by Johnson. A seventh-round pick out of Kentucky, Johnson came on strong during the 2010 season, catching 82 passes for 1,073 yards and 10 touchdowns. He repeated the feat in 2011, posting similar, albeit slightly depressed numbers. But it’s also hard not to be frustrated by Johnson. He cost his team a pair of wins -- against the Steelers in 2010 and the Jets in 2011 -- thanks to dropped passes that came after aggressive touchdown celebrations (the drop against Pittsburgh was the week after his "Why So Serious?" shot at Chad Ochocinco and Terrell Owens).

Johnson says he’s done with those now, but the only way he’s going to get elite money ($8 million per year range) is if someone actually believes him. The one thing no one's talking about with Johnson, though, is his ability to put up big numbers against all-world Jets cornerback Darrelle Revis. In four games against the Jets over the past two years, Johnson's piled up 19 catches for 262 yards and a pair of touchdowns. His final performance against Revis in 2011 -- eight catches for 75 yards and a teeter -- should especially have, as Mike Freeman wrote in November, fellow AFC East coaches curious
Potential Landing Spots: Bills, Bengals, Rams, Jaguars, 49ers

9. Reggie Wayne

Breakdown: Lost in the whole Peyton Manning shuffle is the way that the Colts appear to be discarding Wayne, one of the organization’s all-time great receivers. Wayne grew up under Marvin Harrison, honed his craft with Manning and turned into one of the best receivers in the NFL. He’s clearly lost a step at this point, but if a team wants a veteran who can lead in the clubhouse and on the field, or simply someone who runs ridiculous precise crafts and works his tail off to prepare, Wayne’s going to be a fantastic addition. Belichick’s openly stated his admiration for Wayne, so New England’s not out of the question. He could also simply heading wherever Manning lands.
Potential Landing Spots: Patriots, Dolphins, Redskins, Cardinals, Jets

Honorable Mention: Laurent Robinson, Robert Meachem, Mario Manningham, Eddie Royal, Jerome Simpson, Pierre Garcon

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Posted on: February 23, 2012 5:09 pm
Edited on: February 23, 2012 9:19 pm
 

Report: Big Ben restructures contract for PIT

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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Posted on: February 23, 2012 12:36 pm
 

Steelers want Wallace 'to finish his career here'

Pittsburgh would love to keep top wideout Wallace. (Getty Images)
By Will Brinson

INDIANAPOLIS -- Kevin Colbert, as GM of the Steelers, is in a precarious position. Pittsburgh has little-to-no cap room and one of their top offensive players, wide receiver Mike Wallace, is a restricted free agent who's been viewed as a candidate for offer sheets from various AFC rivals.

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Colbert emphasized on Thursday at the NFL combine that the Steelers, despite rumors to the contrary, are still very much open to using the franchise tag on Wallace, even though it would tack on another $9.4 million to their salary cap.

"We won't know until we know what we're dealing with as far as cap space. So we have to leave that option open, absolutely," Colbert said. "The thing I can say for sure about Mike is that we want Mike to finish his career with the Steelers and we're confident that Mike wants to finish his career here and play with a great quarterback like Ben Roethlisberger and have the receivers we have to compliment him.

"We think he's only scratched the surface in what he can do. There's a lot left there that still can be developed and we're anxious to see it happen as a Steeler."

The Steelers are being hurt by changes to restricted free agent (RFA) rules in the new CBA; teams only have to surrender a first-round pick in exchange for Wallace if the Steelers decline to match any offer from someone else.

"The compensation is what it is," Colbert said. "We have to live within the rules and make the best decisions we can."

Cap space is the bigger issue, though. Even if the Steelers can get under the cap through cutting players and restructuring contracts, they'd still need to wiggle out another $10 million in order to easily bring Wallace back in 2012.

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The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com