Tuesday, February 14, 2012

Steelers Considering Franchise Tag On Mike Wallace

The new collective bargaining agreement eliminated the "First- and Third-Round" restricted free agent tender, which could result in more offer sheets for Pro Bowl-caliber restricted free agents during the term of the new labor agreement.

Two such players -- Houston Texans running back Arian Foster and Pittsburgh Steelers wide receiver Mike Wallace -- are restricted free agents this off-season and could receive the franchise tag as their clubs attempt to put up walls around the player to restrict their movement.

Steelers general manager Kevin Colbert hinted that the team would consider using the tender on Wallace.

"Certainly Mike has done a lot to establish himself as a Pro Bowl receiver, and we want to try to keep Mike here for the long run," Colbert said.

A "First Round" tender is worth $2.742 million in non-guaranteed base salary in 2012, whereas as the franchise tag for wide receivers is projected to be worth around $9.5 million. For Foster, his tender (available on the same link) is projected to be worth around $8 million.

source:  Mac's Football Blog
author:  Brian McIntyre
photo via GridironFans.com

No comments: