Tuesday, March 12, 2013

Mike Wallace signs on with Dolphins for five years


The Miami Dolphins had a lot of salary cap space to play with at the start of free agency Tuesday. Not so much now.

According to Ben Volin of the Palm Beach Post, the Dolphins have agreed to a five-year deal with free agent wide receiver Mike Wallace. The deal is reportedly worth around $65 million, with $30 million guaranteed. (photo: Doug Butchy, Flickr)

Wallace was one of the most highly sought after players in this year’s free-agent pool, evidenced by the $13 million he is set to receive annually.

Miami was in dire need of some wideout help after last season. The team finished near the bottom of the league in average passing yards per game (199) and lacked a true No. 1 deep threat on the outside.

With the 6-foot, 200-pound Wallace on one side, Brian Hartline can now move into a more comfortable No. 2 role, as the 26-year-old recently signed a five-year contract of his own. If the numbers hold up, the two combined contracts are worth more than $95 million.

Wallace tallied 32 touchdowns and more than 4,000 yards in his time with the Pittsburgh Steelers.

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