Mike Wallace Could Receive $11-$12 Million Per Year in Free Agency

September 23, 2012; Oakland, CA, USA; Pittsburgh Steelers wide receiver Mike Wallace (17) reacts after catching a touchdown pass against the Oakland Raiders in the third quarter at O.co Coliseum. The Raiders defeated the Steelers 34-31. Mandatory Credit: Cary Edmondson-USA TODAY Sports

Pittsburgh Steelers free agent wide receiver Mike Wallace is one of the top available players on the open market this season and he is attracting a lot of attention from team’s around the league. In perhaps the worst kept secret of the free agency period, the Miami Dolphins remain the top candidate to land Wallace once teams can sign players at 4:00 p.m. ET on March 12.

Wallace reportedly prefers to play in a warm weather city, so Miami certainly fits the bill.

Per FOX Sports’ Alex Marvez:

The weather — and a whole lot of money — has given the Miami Dolphins an early edge in the free-agent bidding for Mike Wallace.

A source told FOXSports.com that the Dolphins are the “lead dog” to land Wallace when the signing period officially opens at 4 p.m. ET Tuesday.

The top wide receiver in the free-agent market after four seasons with the Pittsburgh Steelers, Wallace was expected to draw offers from multiple teams that would average between $11 million and $12 million a season. But the steamy climate where the Dolphins are based could be the tiebreaker as Wallace mulls where to play.

The amount of money that Wallace will receive is unreal. Wallace is one of the league’s best deep threats, but his overall game is limited. Luckily for Wallace, the Dolphins are in desperate need of a dynamic playmaker on the outside, so he will benefit with a big pay day.

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You can stay up to date with all of the signings with our official free agency tracker HERE

Topics: Miami Dolphins, Mike Wallace, NFL Free Agency, Pittsburgh Steelers

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