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Steelers Unlikely To Trade Mike Wallace To Colts

Mike Wallace isn't likely to be traded to the Indianapolis Colts, according to the Pittsburgh Steelers blog Steelers Depot. Colts owner Jim Irsay kicked off a storm of speculation with some excited tweeting on Thursday.

Wallace's name popped up in national media coverage, along with Jacksonville Jaguars running back Maurice Jones-Drew.

However, Steelers general manager Kevin Colbert has been adamant that the team has no plans to trade Wallace. Reports indicate that the disgruntled wideout will sign his $2.742 million tender offer and report to Pittsburgh after this weekend. Once he's back with the team, the Steelers have said they can renew contract negotiations with Wallace.

For more on the Steelers, check out Behind the Steel Curtain and stay tuned to SB Nation Pittsburgh.

Photographs by dizfunk used in background montage under Creative Commons. Thank you.