Mike Wallace To Miss OTAs
There will be 3 high profile Steelers missing when the Steelers start their OTAs on Tuesday. The most prominent is wide receiver Mike Wallace, whose contract situation with the Steelers is still undecided.
Wallace has not signed his tender, which includes a non-guaranteed base salary of $2.742 million for the 2012 season. Since he has not signed, he will not be required to attend any OTAs or the mandatory minicamp.
Wallace, the top receiver for the Steelers last year and a deep threat is said to be looking for a long term contract in the range of $100 with $50 million in guarantees according to NFL.com. Wallace has until June 14th to sign the tender, otherwise the Steelers can replace it with another tender that would pay him 110% of his salary last year. Since Wallace made $525,000 last season, he would stand to lose $2.1645 million if he does not sign.
The two other Steelers missing OTAs are 2012 draft picks David DeCastro and Mike Adams, whose schools do not end until June.