The Mike Wallace dilemma
Let's start in Pittsburgh. Mike Wallace will be a RFA. Woefully over the cap with many of their own free agents to take care of, the Steelers have a few options. They can continue to try and restructure contracts and by some miracle, perhaps they have enough ammo to resign Wallace straight up. I don't see this happening. Another option? Franchise Wallace for to the tune of about 13-14 million with a cap number of 9M. When you're already 10M over, adding 9M for one guy to cap space you don't have doesn't seem like it will happen either. Another option? Tender him one year 4-7 million with an agreement that more will be done the following year. A possibility, but with the uncertainty of injuries, I don't see a player accepting a deal like this when it sort of undervalues his impact on the team. The most viable option? Tender him as a RFA with a 1st round tag so that if you do lose him, you get something in return. Enter the Patriots. A deep threat is a need. Perhaps this could be remedied with Brandon Lloyd, and maybe that's the route the Patriots will go. However what makes all of this interesting, is the fact that all of Hoodies' draft day philandering has phinagled the Patriots an extra 1st round pick, so you guys have two this year. I don't think that it is completely out of the question to ponder the validity of this move. Think about it, the Patriots give up #31, a late first rounder, for a known commodity that fills a major team need. Now obviously this is just speculation, but to me, admittedly an outsider, this line makes sense. The only thing that remains to be seen, especially in the light of Welker contract talks, is if the Patriots and Wallace would be able to come to a deal that is beneficial to both. I'll shut up now, and if you think I'm an idiot, by all means have at it in the comments. But this makes sense to me and could be a very real scenario. Let me know what you think. CHOWDA!
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Lloyd + pick 31 > Wallace
Come see the violence inherent in the system, help help I'm being repressed.
by sweetjesusihatethejets on Feb 21, 2012 6:44 PM EST reply actions
I don't know.
Lloyd will be 31 in a few months and has only had one standout season in his 10 years in the NFL.
- Attempting to debate with a person who has abandoned reason is like giving medicine to the dead.
- Defeat isn't bitter if you don't swallow it.
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Maybe they mean Michael Floyd in college?
If not then whatever. lol
I’ll take 11 players with heart on the field over 11 guys with just talent. Talent is fleeting, it goes away over time. Heart is what drives you to be better. To push yourself beyond what you think your capabilities are. To show us that when you strive, all things are possible.- SMP
If we can get Wallace for #31, I'd do it.
Lakers and Patriots forever.
It could happen, I would certainly like it,
but its not the only thing I’d like and I don’t think it will happen. We could have drafted him with a 3rd (I believe?) round pick, so passing up in with a 3rd and then getting him with a 1st after hes older seems kind of stupid.
Oh my god a floor zombie! Oh wait, thats you
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by New Century Silver on Feb 21, 2012 7:34 PM EST reply actions
That argument doesn't make sense to me though
That would be like saying “Tom Brady was drafted in the 6th, so he is only worth a 6th”. Back in 09’ or whatever year it was, Wallace was an unknown, now you know what he offers and he fills a huge hole.
Thank you Broncos for such a fantastic year! Thank you for coming together as a TEAM! Thank you for giving us a reason to believe again! I love you guys!!!
And the Patriots don't buy it, either.
In 2007, the Patriots sent a 2nd and 7th to the Dolphins for Wes Welker, who went undrafted.
No, its like saying you made a mistake
Oh my god a floor zombie! Oh wait, thats you
- Toby Turner
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by New Century Silver on Feb 21, 2012 9:58 PM EST up reply actions
And the other reason I don't like it
the good thing about Ocho was if he failed, we haven’t lost much. If Wallace was to fail, we’ve lost alot.
Oh my god a floor zombie! Oh wait, thats you
- Toby Turner
Follow me on Twitter! https://twitter.com/#!/J53D
by New Century Silver on Feb 21, 2012 10:00 PM EST up reply actions
The 31st overall pick is a pretty hard investment to give up.
With that pick, you will land one of the top rookies in the draft at a very palatable price, especially with the new rookie salary scale. In fact, contracts for first rounders may be well represent the most efficient, team-friendly deals any organization could hope to have. You have a potential top-tier player under a 4 year deal, with a team option for a 5th, at around $1M/season. That’s really, really hard to pass up.
While Wallace is a great player that could put the Patriots’ offense over the top, keeping the 31st pick is by far the safer business decision. If Wallace doesn’t work out, you’ve not only lost the pick (and given it to one of your top conference rivals), but you’ve also lost the money (probably around $6-7M/season) that you wouldn’t have spent on the 1st rounder.
If Belichick goes for this, it will signify a significant departure from his drafting philosophy. First rounders aren’t his gambling chips – that’s what second and third rounders are for. With a couple exceptions (that I personally think were Pioli-driven), first round selections are for “core” players, mostly linemen (Seymour, Mankins, Warren, Wilfork, Solder). If Belichick really is thinking that this is his twilight and that his goal is no longer long-term sustainability but short-term success (i.e. championships or bust), he’ll make this move. I’m not convinced that’s the case, though, so I won’t expect to see Wallace sporting the Flying Elvis anytime soon.
by nbradley07 on Feb 21, 2012 8:08 PM EST reply actions 1 recs
I'm skeptical if he'd be a fit with us.
It is what it is
Yeah.
The pats run a different offense then the steelers.
I’ll take 11 players with heart on the field over 11 guys with just talent. Talent is fleeting, it goes away over time. Heart is what drives you to be better. To push yourself beyond what you think your capabilities are. To show us that when you strive, all things are possible.- SMP
the Steelers offense in a nutshell
sucky OL forces Roethlisberger to run around- after running around for 10 seconds make a blind throw down the field where random receiver makes a spectacular catch in the end zone
Tedy Bruschi- "How do we feel about being AFC Champs?"
Team- "Aww Yeah!!!"
by freeland1787 on Feb 21, 2012 11:54 PM EST up reply actions
intriguing, but no
wallace is a one dimensional receiver, and he will be a very expensive one. look at his stats from last year – after blowing out of the gates, he really slowed down. i think he had 25 receiving yards in the playoff game. a first round pick and 8-10 mill per year for a 1 trick pony isn’t ideal. i think it’s intriguing because a deep threat is clearly the only thing the pats offense lacks. taht said, if we’re looking for a 1 trick pony, sign randy moss for 1-2 million, and have him on the field for 50% of the plays just to run deep routes to soften the defense, and we get to keep the #1 pick.
Could someone explain how this RFA works exactly?
I understand that under the RFA the Steelers can place a 1st round tender on Wallace and that they have the ability to match any contract offer from other teams. Let’s say that there is no competing offer, does the first round tender then act as a mini franchise tag? Is there a certain one year contract amount that is then guaranteed to Wallace if he signs the tender? Like the franchise tag, is he bound to either sign the tender or sit out the year? Also, what happens if the Steelers can’t even afford his services even under the tender is it a forced trade or releasing situation?
This is from Wikipedia
A player who has 3 years of experience is eligible for restricted free agency, whereby his current team has the chance to retain rights to this player by matching the highest offer any other NFL franchise might make to that player. The club can either block a signing or, in essence, force a trade by offering a salary over a certain threshold. In 2006, these thresholds were as follows:
If a club tenders an offer of $685,000 per year for a three year veteran, and $725,000 for a four year veteran, the player’s current team has “right of first refusal” over the contract at those terms, and may sign the player at those terms.
If a club tenders an offer of $712,000 or 110% (whichever is greater) of the previous year’s salary, then the current club has both “right of first refusal” and rights to a draft pick from the same round (or better) from the signing club. Essentially, this means that the new club must forfeit the draft pick to the old club if they wish to sign the player under these terms.
If a club tenders an offer of $1.552 million or 110% (whichever is greater) of the previous year’s salary, then the current club has both “right of first refusal”; and rights to the first round draft pick from the signing club.
In 2011, free agency guidelines returned to the way they were from 1993 to 2009. This means that a player needs four years of experience to become an unrestricted free agent, and three years of experience for restricted free agency.
Keep the faith!
Some answers
Let’s say that there is no competing offer, does the first round tender then act as a mini franchise tag?
Yes, essentially. The player won’t be able to sign anywhere else. I believe this is what happened with Vincent Jackson.
Also, what happens if the Steelers can’t even afford his services even under the tender is it a forced trade or releasing situation?
If the team makes no offer, the player becomes unrestricted after the tender period is over. Otherwise, if the team is over the cap (as the Steelers are), it has to deal with this player just like it deals with all its other players – trade/release/restructure until there’s cap space.
Not sure if NE would do it, but I don't think it's a bad move considering it would be their 31st pick they'd give up.
- Attempting to debate with a person who has abandoned reason is like giving medicine to the dead.
- Defeat isn't bitter if you don't swallow it.
Contributing Writer to the The Phinsider.
Follow @Finhead83
But.... but we can trade that pick for a future 1st and this year's 2nd..... D=
I’ll take 11 players with heart on the field over 11 guys with just talent. Talent is fleeting, it goes away over time. Heart is what drives you to be better. To push yourself beyond what you think your capabilities are. To show us that when you strive, all things are possible.- SMP
Interesting, but pass...
He’s a great young receiver that can indeed stretch the field. But at the end of the day, he’s so-so at route running (a must for Pats receivers, even would-be deep threats); the Pats O is more complex; I’ve not heard great things about his blocking ability; and the kicker is he is going to want to get a hefty pay day. I don’t blame him for wanting to get paid, as he has earned it. That being said, I’d rather sign Lloyd and then draft a kid who can learn the system (I’d love to get Jeffrey or Floyd).

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