Miami Dolphins sign WR Mike Wallace

It always concerns me when a guy is obviously just chasing money. Wallace held out long into training camp last year rather than play out the final year of his rookie deal and, as a result, he had a poor year by his standards in 2012, with 64 catches for 836 yards and 8 touchdowns despite a career high in targets. He was 34th in the NFL in receiving yards and graded out noticeably below average on ProFootballFocus. It was obvious when he went into that holdout that a down year like that was a possibility, but he didn’t seem to care. He was part of the reason why the Steelers missed the playoffs.

And now he chases the money and goes to Miami, a team with a young quarterback that has made the playoffs just once in the last 11 seasons. It’s very possible he’ll just coast now that he has the money and he’s a one trick pony anyway. He’s got great speed, but he’s still not a good route runner and the NFL has caught on to him over the past 2 seasons. It’s very possible the 1257 yards he had in his breakout 2010 season will be his career best when his career is all said and done. The Dolphins overpaid, giving him 60 million over 5 years with 30 million guaranteed. The guaranteed money goes into his 3rd year, so this is at least a fully 3 year, 37 million dollar deal, unless they want to cut him after 2 years and 30 million.

Grade: C

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