Mike Wallace on the Trade Block

[kccrow]

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.

[thabear04]

The*Mike Wallace*question persists for theMiami Dolphins: What to do with the overpaid, malcontent wide receiver?

While NFL Media Insider Ian Rapoport reports of the Dolphins shopping Wallace, the wideout has no plans to rework his contract to remain with the team.

The Miami Sun-Sentinel reported Thursdaythat, according to unnamed sources, Wallace has told the*Dolphins*he will not restructure the final three years and $32.9 million remaining on his five-year, $60 million contract signed in 2013.

According to the Sun-Sentinel, Wallace, displeased with the conservative nature of the team's offense, would rather test the free-agent market than re-work the details of his contract.

It's an eye-blinker to read that Wallace might believe he could come anywhere close to earning nearly the $9.9 million due in 2015 on the open market given his locker room concerns, middling play the past two seasons and a deep free-agent pool and a draft. When other owners, like the*Ravens' Steve Bisciotti -- unprovoked -- are using your contract to explain overpaying, it's not a good thing.*

"Mike Wallace*got $10 million," Bisciotti said this week, "I don't think anyone thinks that was a good deal."

The*Dolphins*would save $6.9 million on the cap with $5.2 million in dead money this season by cutting Wallace with a post-June 1 designation, per*OverTheCap.com.

Have things gotten so bad in Miami that Wallace would rather risk getting less on the open market than he would in a restructure?*

New executive vice president Mike Tannenbaum isn't giving away what road he'll take at the moment.

"Mike is a guy who is under contract for now. We're discussing all our options," Tannenbaum told WINZ-AM on Thursday. "Coach (Joe) Philbin, (owner Steve) Ross, Dennis (Hickey) and myself, we've talked. For now Mike is under contract, and we'll see where things go from there."

There are four options: Wallace can play under his current contract for one more year (when he becomes immensely more cuttable); be traded; be cut; or restructure his contract. If he doesn't want to do the latter, cutting him might become the best option for the*Dolphins.

[salame]

I'm sure Denver will get him