According to Len Pasquarelli of the Sports Xchange, there’s been “no progress” between the Pittsburgh Steelers and WR Mike Wallace regarding long-term contract extension for the restricted free agent.
Pasquarelli adds that there’s been “very little negotiation” going on between the two sides.
Unlike players that have received a franchise tag designation, there isn’t a deadline for negotiating contracts with restricted free agents. This means that there’s actually a decent chance Wallace could skip all of the team’s upcoming training camp and still sign his restricted tender in time for the start of the season. Wallace still needs another year of service time before he qualifies for unrestricted free agency, so he’ll have to show up at some point, but whether it’s in the next few weeks or in September remains to be seen.