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I think it would be foolish for Miami to cut him before June 1. They only save 2.5 million on the cap by cutting him now. If they cut him Post-June 1 then that changes to 4.8 million, but even then they probably won't get a replacement of Wallace's caliber for that change. The only way I can see them getting rid of Wallace this year is if they get substantial enough compensation for doing so. Also, the other team would be taking on some hefty salaries unless its a trade/restructure type of deal.
Now, cutting Wallace in 2016 makes a boatload of sense given they could save 9.3 million against the cap.
I have a feeling they'll cut Hartline loose first, but you never know.
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