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Mike Wallace | Wide Receiver

Team: Miami Dolphins
Age / DOB:  (26) / 8/1/1986
Ht / Wt:  6'0' / 199
College: Mississippi
Contract: view contract details
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Mike Wallace's five-year, $60 million contract includes an $11 million signing bonus and $37.85 million over the first three seasons.
Wallace has $27 million fully guaranteed -- the signing bonus, a $1 million base salary in 2013, and all of his $15 million base salary in 2014. Per the Palm Beach Post's Ben Volin, Wallace's $9.85 million base salary for 2015 becomes fully guaranteed if he's on the Dolphins' roster as of the fifth day of the new league year in 2014, so it's essentially guaranteed as well. Wallace has non-guaranteed base salaries of $11.45 million in 2016 and 2017. Mar 14 - 12:44 PM
Source: Palm Beach Post

Highest Searched Players over the last 7 days


Player News

Date:
Mike Wallace - WR - Dolphins

Updating a previous item, Mike Wallace's Dolphins contract is for $60 million over five years.

ESPN reported Tuesday that Wallace received $65 million, but that number may have been a bit agent inflated. While it's likely Wallace can earn an additional $5 million in incentives, the contract has a $12 million annual base value. It still makes Wallace the league's third highest paid receiver behind Calvin Johnson and Larry Fitzgerald. Wallace received $30 million guaranteed.
Source: Jeff Darlington on Twitter
Mar 13 - 2:45 AM
Mike Wallace - WR - Dolphins

Dolphins agreed to terms with WR Mike Wallace on a five-year, $65 million contract that includes $30 million guaranteed.

They whiffed on Harbaugh, Peyton, and Fisher, but they got Wallace. Still just 26 years old -- he'll turn 27 in August -- Wallace owns a career yards per catch average of 17.2 with 32 touchdowns across four seasons. While Wallace's critics will knock him as a straight-line deep threat, he gets into the end zone and that happens to be pretty important in the NFL. Although we don't love the fit for Wallace's fantasy value, the Dolphins can now give Ryan Tannehill a formidable receiver corps. Wallace is No. 1, Brian Hartline is No. 2, and slot man Davone Bess No. 3 with Rishard Matthews flashing the ability to be a capable No. 4.
Related: Vikings, Steelers
Source: Jeff Darlington on Twitter
Mar 12 - 4:35 PM
Mike Wallace - WR - Dolphins

ESPN's Adam Schefter reports the Dolphins are negotiating a five-year contract with free agent Mike Wallace.

Schefter describes the deal as "very, very likely to get done." So we may not see the Vikings jump into the Wallace sweepstakes after all. Schefter reported that this is a "match waiting to happen," and the money will be "well north" of $10 million per year. Appearing on NFL Live Tuesday, Schefter also confirmed that the Dolphins are in hot pursuit of free agent TE Jared Cook.
Related: Dolphins
Source: Adam Schefter on Twitter
Mar 12 - 4:03 PM
Mike Wallace - WR - Dolphins

According to NFL.com, the Dolphins believe that landing free agent Mike Wallace could cost up to $13M per year.

This is turning into a perfect storm for Wallace. Both the Dolphins and Vikings are in desperate need of a No. 1 wideout that can take the top off of defenses, both have carved out plenty of cap space, and Wallace is the only wideout available that fits the bill. If he really does get $13M per season, he'd be the game's third highest-paid wideout behind Calvin Johnson and Larry Fitzgerald.
Related: Dolphins, Vikings
Source: Profootballtalk on NBCSports.com
Mar 12 - 7:45 AM
Mike Wallace - WR - Dolphins

The Palm Beach Post hears from "someone (it) trusts" that free agent Mike Wallace to Miami is a "done deal."

ESPN, Sports Illustrated and USA Today have all insinuated as such over the past 24 hours, making the evidence that Wallace is planning to take his talents to South Beach overwhelming. Wallace's rep could drag talks out on Tuesday for the sake of squeezing a few extra dimes out of an obviously desperate team, but it doesn't appear anyone else has near the desire level to get a deal done.
Related: Dolphins
Source: Palm Beach Post
Mar 11 - 9:53 AM
Mike Wallace - WR - Dolphins

Appearing on SportsCenter Monday morning, ESPN's Adam Schefter said he believed Mike Wallace will be the only player to earn over $10 million per year in free agency.

Someone better tell Cliff Avril and Jake Long. Schefter's comments are an indication some players may end up waiting too long for a pay-day that's never going to come, hurting their market in the end. The Dolphins are widely expected to make Wallace a $10 million man, but it's unclear if anyone else is willing to do so.
Mar 11 - 9:32 AM
Mike Wallace - WR - Dolphins

According to ESPN's Adam Schefter, the "league-wide expectation" is that free agent Mike Wallace will sign with the Dolphins.

USA Today reports the Dolphins officially contacted Wallace's agent over the weekend, while SI's Peter King "hears" they don't have "much, if any" big-money competition for the soon-to-be former Steeler. Wallace-to-Miami has become a runaway freight train, but other suitors are still likely to emerge between now and Tuesday's 4ET start of free agency. Few clubs can match Miami's combination of need, money and desperation, however. Rotoworld's own Evan Silva expects Wallace to end up with the Dolphins via a five-year, $60 million deal.
Related: Dolphins
Source: Adam Schefter on Twitter
Mar 11 - 8:14 AM
Mike Wallace - WR - Dolphins

The Miami Herald is "deeply encouraged" the Dolphins will sign free agent Mike Wallace.

Beat writer Armando Salguero says there is no question the Dolphins want to sign Wallace, and owner Stephen Ross seriously wants a playmaker on the outside and is ready to spend whatever it takes. FOX Sports confirmed on Saturday that Miami is the "lead dog" in the race, and that Wallace "prefers warm weather." At this point, it would be an upset if Wallace wasn't wearing aqua and coral in 2013.
Related: Dolphins
Source: Miami Herald
Mar 10 - 10:49 AM
Mike Wallace - WR - Dolphins

The National Football Post says "those who should know speculate" free agent Mike Wallace's new deal will average more than $13 million per season.

This is the highest annual average we've seen for Wallace yet. Most reports have been that he would top out around $11-12 million per year, but Wallace is this year's Mario Williams and a team could go wild if they want him badly enough. FOX Sports' Alex Marvez recently said Wallace is expected to draw "multiple offers," so we very well could have a bidding war on our hands.
Source: National Football Post
Mar 10 - 9:02 AM
Mike Wallace - WR - Dolphins

FOX Sports confirms the Dolphins are the "lead dog" in the Mike Wallace sweepstakes, and that Wallace "prefers warm weather."

Per reporter Alex Marvez, Wallace is expected to draw "multiple offers" worth between $11-$12 million per season. It's clear the Dolphins are primed to be Wallace's most aggressive suitor, but we wouldn't put much stock in his supposed weather preference. Who truly "prefers" cold weather? It would be stunning if Wallace left even a little money on the table because Miami is a better place to take an evening stroll in the winter. Miami's temperate climate should only be a factor if Wallace is weighing equal offers.
Related: Dolphins
Source: FOXSports.com
Mar 9 - 6:37 PM
Mike Wallace - WR - Dolphins

The Miami Herald's Armando Salguero was told the Patriots are interested in free agent Mike Wallace.

New England is desperate for someone to stretch the field on the outside, and they're expected to overhaul their receiving corps to some extent. Brandon Lloyd isn't that type of player, and he may be released after just one season with the club. Teaming deep threat Wallace up with Rob Gronkowski in the intermediate passing game and Wes Welker (assuming he re-signs) and Aaron Hernandez in the short attack would change the whole dynamic of the offense.
Related: Patriots
Source: Armando Salguero on Twitter
Mar 9 - 1:49 AM
Mike Wallace - WR - Dolphins

According to ESPN 1500 Twin Cities, the Vikings "will and can" pursue free agent Mike Wallace.

Per reporter Tom Pelissero, the question is whether they're willing to "perhaps overpay." Wallace has designs on becoming the NFL's third highest-paid receiver. With 13 hours to go before agents can begin negotiating with teams, Wallace has two clear suitors in the Vikings and Dolphins. More will emerge shortly.
Related: Vikings
Source: ESPN 1500 Twin Cities
Mar 8 - 10:38 AM
Mike Wallace - WR - Dolphins

One NFC personnel man believes Mike Wallace won't be worth the big contract he'll receive in free agency because he's a limited route runner.

"He has inconsistent hands and he is predominantly a vertical guy," said the personnel man. "He's got some tightness through his hips and just struggles dropping his weight and getting in and out of routes. He can run fast. But there's kind of limitations in what he can do. And it's not like he's a real strong guy after the catch." On the flip side, Wallace scores touchdowns (32 in four seasons), draws double teams, and blows the top off of defenses. Only 26, he's earned a premium payday.
Source: ESPN 1500 Twin Cities
Mar 7 - 7:42 PM
Mike Wallace - WR - Dolphins

The Miami Herald confirms the Dolphins see the Vikings as a "significant threat" in their pursuit of free agent Mike Wallace.

NFL.com reported something similar earlier in the day. While the Vikings are not as cap rich as the Fins, Minnesota has some money to burn and playing indoors on turf could appeal to Wallace. The Vikes have failed miserably on receiver signings the past two years, whiffing on Molasses Mike Jenkins and Jerome Simpson.
Related: Dolphins, Vikings
Source: Miami Herald
Mar 6 - 5:40 PM

Depth Charts

Skill Players
PosRoleName
QB1Ryan Tannehill
2Matt Moore
3Pat Devlin
4Aaron Corp
RB1Lamar Miller
2Daniel Thomas
3Mike Gillislee
4Marcus Thigpen
5Jonas Gray
GLB1Daniel Thomas
2Mike Gillislee
3RB1Daniel Thomas
2Marcus Thigpen
FB1Jorvorskie Lane
2Rupert Bryan
WR11Mike Wallace
2Brandon Gibson
3Armon Binns
4Brian Tyms
5Marvin McNutt
WR21Brian Hartline
2Rishard Matthews
3Jeff Fuller
4Jasper Collins
5Taylor Stockemer
6Chad Bumphis
WR31Brandon Gibson
TE1Dustin Keller
2Dion Sims
3Charles Clay
4Michael Egnew
5Kyle Miller
K1Caleb Sturgis
2Dan Carpenter