Mike Wallace Finally Ends Contract Dispute With Pittsburgh Steelers

Mike Wallace and the Pittsburgh Steelers have ended their contract dispute just two weeks before the NFL regular season is slated to begin.

The restricted free agent had refused to sign his one-year contract tender that would pay him $2.7 million. Wallace showed up to practice on Tuesday where he was set to undergo a routine medical examination. Mike Wallace will not practice with his teammates until next week.

The Steelers will complete their final preseason game against the Carolina Panthers on Thursday before kicking off the regular NFL season against the Denver Broncos on September 9.

During the 2011-2012 NFL season Wallace had 72 receptions for 1,193 yards and eight touchdowns. Since joining the NFL three-seasons ago the Pro Bowler has 24 TDs.

Speaking of his fellow teammate Emmanuel Sanders told Fox Sports:

”We definitely understand the business part of things, and we don’t worry about that too much. But as far as in the offensive room, we’ve missed his personality and we’ve missed what he brings to the table … Everyone’s excited that he’s back.”

Wallace waited through the Spring to see if any other team would offer him a better deal however those teams would have had to provide the Steelers with compensation.

The Pittsburgh Steelers had promised to renegotiate a long-term contract with Mike Wallace during training camp but those talks were halted when he refused to report for training. Wallace and the Steelers have not discussed a long-term contract

Via agent Bus Cook, Wallace and the Steelers were negotiating his preferred long-term extension. But the club vowed not to negotiate once training camp began if he did not report, so there has been no contact between the sides since July 25.

The Steelers’ long-standing policy is not to negotiate contracts during the regular season, giving the two sides less than two weeks to iron something out.

Wallace was given a playbook and was said to be studying up on new offensive coordinator Todd Haley’s offense. He also has been working out with a trainer in Florida.