Pittsburgh Steelers say dealing with WR Mike Wallace situation on day-to-day basis-NFL News
The Pittsburgh Steelers have refused to be worried about reports relating wide receiver, Mike Wallace, to different situations and said to be dealing with the player on a day-to-day basis.
Wallace, who had Friday, April 20, 2012, as the deadline for taking an interest from any other team of the National Football League (NFL), failed to attract any other buyer off the free agency.
He is a restricted free agent, assigned the first-round tender, and has the deadline of June 15, 2012 to sign it or else the team has an option to considerably slash the tender value from its current price of $2.7 million.
The player who has not signed the tender so far in protest to press the management for his demand of an expensive and long-term deal is set to lose more than 75 percent of the tender value if he continues to refuse accepting it.
Wallace has said that he will sign the tender only if he “has to.”
Apparently, the situation is in Steelers’ hands and they can use their cards as per their wish.
Wallace, who has not joined the offseason voluntary workout with his teammates, will also have to surrender his exclusive rights to the team.
There is no hint from the management so far if they are going to land him a deal, which should amount to, as per his demand, somewhere $120 million and stretched over about eight years’ span.
Having taken full control of the situation, Steelers are not worried about Wallace’s reports appearing in almost all sections of media on a daily basis.
Steelers’ general manager, Kevin Colbert, said:
"We're not worried about the reports. He's still here. We will deal with it day to day."
The GM added:
"We felt all along the decision would be ours. We want Mike to be here for the long haul. He knows that."
So, it will all be all done for Wallace if the team does not trade him during the upcoming draft, which almost all commentators foresee to be least likely. At the end, as expected by Steelers, he will have to show up.
He could only hope then the management does not slash the value of his contract and if they do, he will be paid only $577,500 in 2012.
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