November 4, 2012; East Rutherford, NJ, USA; Pittsburgh Steelers wide receiver Mike Wallace (17) runs past New York Giants corner back Prince Amukamara (20) for a touchdown during the fourth quarter of an NFL game at MetLife Stadium. Mandatory Credit: Brad Penner-USA TODAY Sports
As soon as the free agency period started rumors emerged that Mike Wallace and the Miami Dolphins were negotiating a 5 year contract. Jeff Darlington is confirming that this signing has in fact occured, and Mike Wallace is headed to South Beach.
Mike Wallace is indeed on the verge of becoming a Miami Dolphin, I'm told. He's taking a physical. The sides have reached an agreement.
β Jeff Darlington (@JeffDarlington) March 12, 2013
Schedule for Mike Wallace's next two hours, according to sources: Finish taking physical. Arrive at Dolphins' facility. Sign by dotted line.
β Jeff Darlington (@JeffDarlington) March 12, 2013
Wide receiver Mike Wallace is expected to arrive at the Dolphins' facility to sign his contract at around 6 p.m., a source tells me.
β Jeff Darlington (@JeffDarlington) March 12, 2013
The deal is supposedly for 5 years worth $65 million allegedly. Of that $30 million will be guaranteed. Mike Wallace is set to turn 27 in August and has a career average of 17.2 yards per catch and 32 touchdowns over 4 seasons. He might be pigeonholed as a straight line deep threat, but itβs been working for him. If he can improve his route running and broaden his arsenal he could succeed in Miami who is looking to become more explosive on the offensive side of the ball.