Miami Dolphins trade WR Mike Wallace to the Minnesota Vikings

Trade for Dolphins: It’s no secret the Dolphins have been trying to get rid of Mike Wallace all off-season and the writing on the wall got put into dark ink when the Dolphins traded for Kenny Stills. Credit them for being able to trade him, rather than outright releasing him. That has two benefits. The obvious one is the compensation, even if it is just a swap of a 7th round pick for a 5th round pick. The other benefit is that the Dolphins get out of his 3 million dollar guarantee. If they had cut him, they would have had to pay 3 million of his 9.9 million dollar salary for 2015. By trading him, his whole salary goes to Minnesota. That boosts the cap savings of getting rid of him from 2.5 million to 5.5 million and he’ll be completely off of their cap for 2016. This was a great move by the Dolphins.

Trade for Vikings: I like this move for the Dolphins. I don’t get it for the Vikings. This move allows them to release Greg Jennings, a move that will save them 5 million on the cap and 9 million in cash, but they go from one overpaid receiver to another. There’s a reason why the Dolphins were trying to get rid of Wallace so badly. Wallace is a solid receiver, but his last 1000+ yard year was in 2011, also the last season he graded out above average.

In his final year in Pittsburgh in 2012, he held out long into the off-season, which caused him to have a horrible season. His 64/836/8 slash line wasn’t terrible, but he caught just 55.2% of his targets and graded out as Pro Football Focus’ 91st ranked wide receiver out of 105 eligible. That didn’t stop the Dolphins from giving Wallace a 5-year, 60 million dollar deal and he predictably didn’t live up to it, grading out below average in both seasons, putting up slash lines of 73/930/5 and 67/862/10, and reportedly quitting on his team on multiple occasions. It’s possible this trade could serve as a wake-up call for him, but it’s not worth 9.9 million to find out. Even picks aside, they overpaid for Wallace.

Grade: C-

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