Pittsburgh Steelers Salary Cap: Mike Wallace To Receive First Round Tender

The Pittsburgh Steelers have one of the biggest free agents on the market in wide receiver Mike Wallace, but they will not extend him the Franchise tag. According to Jamison Hensley of ESPN, Wallace received a first-round tender by the team instead.

There had been talk about the Steelers putting the tag on wide receiver Mike Wallace to protect the restricted free agent, but Pittsburgh has reportedly decided to give him a first-round tender.

That means that Wallace could sign with a different club, and the Steelers would receive a draft pick as compensation.

The other interesting thing that Hensley points out is that the Steelers probably won't end up using the tag at all because, beyond Wallace, none of their free agents are worth using the tag on.

There is no one else to consider for the franchise tag because Pittsburgh's top unrestricted free agents (the ones who weren't cut) are cornerback William Gay, quarterback Dennis Dixon and punter Daniel Sepulveda.

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

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Pittsburgh

You must be a member of SB Nation Pittsburgh to participate.

We have our own Community Guidelines at SB Nation Pittsburgh. You should read them.

Join SB Nation Pittsburgh

You must be a member of SB Nation Pittsburgh to participate.

We have our own Community Guidelines at SB Nation Pittsburgh. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.