No offer sheet for Mike Wallace

Apr 21, 2012

Receiver Mike Wallace will remain with the Pittsburgh Steelers after a Friday deadline passed with no team offering the restricted free agent an offer sheet, sources told ESPN.

The Steelers' front office took a risk by not putting the franchise tag on Wallace and won $7 million with that gamble, netting $6.8 million by putting a first-round tender on Wallace of $2.7 million instead of the $9.5 million tag.

Wallace hasn't reported to offseason workouts because he has yet to sign a contract tender.

He has until June 15 to sign it before the Steelers can cut the tender to $577,500 -- a loss of $2.1 million.

Steelers team president Art Rooney II has said the team wants to sign Wallace to a multiyear contract.

Fantasy Impact:

Perhaps the threat of losing $2.1 million on June 15 will encourage Wallace to lower his asking price. The market has spoken -- Wallace's asking price is too high.

yesterday

Chargers to sign RB J.K. Dobbins on one-year deal

Tom Pelissero

yesterday · 7:45 PM EDT

Former Ravens RB J.K. Dobbins is planning to sign with the #Chargers on a one-year deal. Electric when healthy, Dobbins — who averages 5.8 yards per carry in his career — reunites with OC Greg Roman and can hit the market again in March.

Related Players: Gus Edwards

Fantasy Impact:

Dobbins has had poor injury luck in his career, but has only managed 234 total rushes since being drafted in the second round of the 2020 NFL Draft. This is a low-risk, high-reward move by the Chargers and might give them a runway to wait a little longer in the '24 Draft before they address the position.

Apr 16

Cowboys sign RB Royce Freeman

Todd Archer

Apr 16 · 8:15 PM EDT

The Cowboys have signed running back Royce Freeman to a one-year deal. Freeman had 319 yards on 77 carries with 2 touchdowns last year for the Los Angeles Rams. He was 3rd round pick of Denver in '18.

Related Players: Rico Dowdle, Deuce Vaughn

Fantasy Impact:

Freeman hasn't rushed for 500 yards since 2018, his rookie season. This shouldn't have any impact on the team drafting at the position and/or bringing back Ezekiel Elliott.

Apr 15

Eagles sign WR DeVonta Smith to three-year extension

Ian Rapoport

Apr 15 · 10:45 AM EDT

The Eagles have paid another big-time, rising player. This time, WR DeVonta Smith gets a 3-year, $75M contract extension that includes $51M guaranteed.

Related Players: A.J. Brown, DeVante Parker, Parris Campbell

Fantasy Impact:

Great news for Jalen Hurts and the Eagles offense as a whole. Smith will continue his 1b role in which he finished the 2023 season as fantasy's WR22.