The Facts:
Following up on the
ongoing story. ... According to ESPN insider Adam Schefter, Wallace told some within Steelers organization that he does not plan to sign his first-round tender "until he has to."
Reported by FootballDiehards.com
Fantasy Football Diehards Line:
As a restricted free agent, Wallace's options are limited at this point: Either he signs his one-year tender for $2,745,000, comes to terms on a multiple-year deal with the Steelers, or he sits out. if Wallace doesn’t sign his $2.742 million tender by June 15, under CBA guidelines, the Steelers could reduce their offer drastically to 110 percent of his $580,000 salary last year. Holding out past Week 10 would keep him from becoming an unrestricted free agent next season. If Wallace decides to hold out the entire year, he would lose an accrued season and still be a restricted free agent again next year. ... Bottom line? With Wallace reportedly wanting Larry Fitzgerald money ($16 million a year), it is growing more likely that Wallace indeed sign when "he has to," then play out the final year of his rookie deal and test free agency next spring. ... Stay tuned.
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