PITTSBURGH, PA - NOVEMBER 06: Mike Wallace #17 of the Pittsburgh Steelers celebrates after catching a touchdown pass against the Baltimore Ravens during the game on November 6, 2011 at Heinz Field in Pittsburgh, Pennsylvania. (Photo by Jared Wickerham/Getty Images)

2012 Steelers Offseason: Mike Wallace Situation Still Unresolved

The Steelers cornerback to Mike Wallace: "Football doesn't need you; you need football."

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2012 Steelers Offseason: Mike Wallace To Stay In Pittsburgh, According To Reports

The 4 p.m. deadline for signing restricted free agents has passed, and according to Andrew Brandt of ESPN.com, no team has put in an offer for Pittsburgh Steelers wide receiver Mike Wallace. This will ensure that Wallace plays for the Steelers in 2012.

The move to allow Wallace to be up for free agency was a gamble the Steelers have now won. The Steelers will sign him by putting a first-round tender on him at $2.7 million. Had the Steelers tried to protect him by putting the franchise tag on him, they would have had to cough up $9.5 million. That's a savings of nearly $7 million.

Wallace has yet to accept the deal, but has until June 15 to do so.

For more on the Pittsburgh Steelers, head on over to Behind the Steel Curtain. For all the latest offseason news across the league, please visit the SB Nation NFL Hub Page.


Mike Wallace Likely To Stick With Steelers

Pittsburgh Steelers wide receiver Mike Wallace was one of the hot names coming into the free agency period. Despite the cost of a first round pick for signing him, there appeared to be at least some risk of the Steelers losing him. Apparently, though interest in him has dried up, with two weeks left the April 20 deadline for signing restricted free agents to an offer sheet.

Part of the lack of interest is because the two teams that were rumored to be interested in Wallace have already addressed the receiver position, according to an article on Pro Football Talk by Michael David Smith.

Adam Schefter noted on ESPN today that before free agency started, the 49ers and Patriots were the two teams seen as most likely to go after Wallace. However, the 49ers have added Mario Manningham and Randy Moss, the Patriots have added Brandon Lloyd, Donte Stallworth and Anthony Gonzalez, and both teams now appear set to stick with the receivers they have.

Smith goes on to say that this lack of interest could be due to teams not wanting to sacrifice such a high pick for Wallace despite his abilities. He also speculates that it could be that he is asking for such an extravagant contract that could drive a lot of teams away.

For more on the Pittsburgh Steelers, check out Behind The Steel Curtain and SB Nation's NFL hub.


Pittsburgh Steelers Not Expecting Much From Rashard Mendenhall In 2012

The Pittsburgh Steelers front-office brass are not expecting much out of running back Rashard Mendenhall in 2012-13 season. General manager Kevin Colbert spoke to the Pittsburgh media Monday, and said the Steelers are planning for life without Mendenhall, who is recovering from a torn ACL that happened during a Jan. 1 regular-season game against the Cleveland Browns.

"I never feel good about an ACL for a year." said Colbert.

However, according to ESPN.com's Jamison Hensley, the Steelers are in good shape when it comes to depth at that position.

Pittsburgh should feel good about backup Isaac Redman after he ran for 121 yards in the playoff loss at Denver. But there is no certainty that he can handle a full workload for an extended amount of games. There are also questions about his ability to hold onto the ball.

Beyond Redman, there are promising running backs in Jonathan Dwyer, John Clay and Baron Batch. The problem is, they have a combined 35 carries in the NFL.
Hensley asks whether the Steelers will have the confidence to let Dwyer or Clay handle a full-time role if something does happen to Redman. If not, the Steelers' free-agent options are limited, because Pittsburgh is currently over the salary cap and can't sign anybody before March 13.

For more on the Steelers offseason, check out this SB Nation Pittsburgh StoryStream. For more on the Steelers, check out Behind The Steel Curtain.

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