Report: Mike Wallace Has Been Talking To Vikings, Trade Considered “Likely”

March 13, 2015

Update:

Armando Salguero of the Miami Herald reports that Dolphins WR Mike Wallace has been on the phone with Minnesota Vikings for the last hour.

According to Salguero, a trade involving Wallace is “likely.”
Salguero adds that Wallace has texted his teammates saying that he has been on phone with Vikings GM Rick Spielman and HC Mike Zimmer, and is likely headed to the Vikings.

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Ian Rapoport of NFL Media reports that the Dolphins are back to fielding trade offers for WR Mike Wallace now that they’ve acquired WR Kenny Stills from the Dolphins.

Previous reports had said that the Dolphins have made Wallace available for trade, so they should at least have an idea of what his market looks like overall.

As things stand right now, Percy Harvin, Dwayne Bowe, Stevie Johnson, Cecil Shorts, and Kenny Britt are the best available receivers in free agency.

You could make the case that Wallace if the best player among this group, he comes with a huge contract and would require a team to part with draft compensation to get him, so it’s hard to say that there will be a ton of interest.

This is just a speculative idea, but you would have to think the Raiders would be interested in at least discussing trade for Wallace given that they’ve stuck out on a number of skill players in free agency and have enough cap space that his contract wouldn’t be as much of an issue for them. After all, they have to spend a large portion of their cap this year and they are running out of worthy players to spend it on.

Wallace, 28, signed a five-year, $60 million contract that included $30 million guaranteed with Miami back in 2013, so it clearly disappointing that this is something being talked about just a few years into this agreement.

According to OverTheCap.com, trading Wallace outright would free up $5.5 million in cap space next year, but would also create $6.6 million in dead money.

This season, Wallace caught 67 passses for 862 yards receiving and 10 touchdowns over the course of 16 games. Pro Football Focus has him rated as the N0. 53 receiver out of 110 qualifying players.

We’ll have more regarding a potential Mike Wallace trade as the news is available.