Matt Barrows of the Sacramento Bee reports that Steelers WR Mike Wallace is looking for a deal that would surpass Larry Fitzgerald‘s eight year contract that’s worth $120 million, according to a league source.
Barrows mentions that the San Francisco 49ers did inquire about Wallace but were informed of his high asking price.
In order to obtain Wallace, a team would have to send a first-round to the Steelers before they even get a chance to negotiate a contract, which leaves Wallace with all of the leverage. Add in the fact that he’s looking for a huge contract and it’s seems like a pretty bad scenario to find yourself in because if you don’t come to an agreement, you just lost a first-round pick for the opportunity to negotiate with a player.
If this report is accurate, the Steelers are going to have an impossible time trying to get him under contract despite making a number of roster moves to free up extra cap space.
Wallace is a great player with unbelievable speed but he doesn’t impact a game like either Larry Fitzgerald or Calvin Johnson. Deep threats are still valuable players and I’m sure that he’ll end up with a pretty large deal at some point, I just wouldn’t be investing that kind of money in him.