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WR Mike Wallace - Miami Dolphins

6-1, 199Born: 8-1-1986College: Ole MissDrafted: Round 3

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Photo: Stew Milne, US Presswire

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News you need to know

General News (Tue Jan 27): Wallace's future with the team is unclear. General manager Dennis Hickey would not say Wednesday, Jan. 21, whether Wallace will be back or if his end of season drama will play into the decision. Wallace said everything is being evaluated. Of course it's hard to be "all in" on a receiver who has failed to live up to his large contract. Wallace had a $17 million cap number in 2014, but that number falls to $12.1 million in 2015. With only $6.6 million left in dead money, it's not out of the question to think the team would consider cutting ties with the underachieving veteran. Wallace said he wants to return to the team next season, but he added that he would welcome testing the free agent market if the team chooses to release him.

Week 21: bye week

Recent Stats and Projections

17 vs NYJ 0 0 0 1 0 0 0 0

Latest News

Dolphins | Mike Wallace won't restructure (Fri Feb 27, 10:42 AM) - Miami Dolphins WR Mike Wallace is unwilling to restructure his contract and would rather test free agency, according to sources.

Our View: Per, 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. He's reportedly unhappy with the conservative nature of the offense, and Wallace could be playing elsewhere in 2015.
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Dolphins | Miami shopping Mike Wallace (Wed Feb 25, 09:59 PM) - The Miami Dolphins do not plan to cut WR Mike Wallace just yet. They are exploring the trade route not just on Wallace's play, but also his fit in the locker room. He removed himself from the regular season finale, and had a shouting match with head coach Joe Philbin afterwards. Wallace is due $9.85 million in 2015, part of a five-year, $60 million deal that runs through 2017.

Our View: What in the world could they get in return for Wallace? He's speedy, but Wallace has failed to transform into a true WR1--even though he's making WR1 money. We have a feeling they'll work out a re-worked contract with him before they trade him.
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Dolphins | Three Miami receivers could be cut (Wed Feb 25, 03:39 PM) - Miami Dolphins WRs Mike Wallace, Brian Hartline and Brandon Gibson could all be let go this offseason if contracts aren't restructured. Wallace, especially, likely won't take a paycut on the $9.85 million he's due next season. Hartline is due $5.9 million but could restructure this offseason. Gibson isn't believed to be worth the $3.225 million he's due, so he could also be gone.

Our View: They couldn't cut all three could they? We don't think that happens, but they're likely to take a look at restructuring all three of these receivers. Wallace has been the biggest disappointment here (with the biggest price tag).
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Staff Dynasty Rankings

WR Dynasty - 40, 39, 43
Overall Dynasty - 88, 69

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