The Steelers are already about $10 million over the salary cap, the Post notes, and franchising Williams would cost the team about $9 million more. The franchise tag could still come down on Wallace, forcing the team to make cuts elsewhere, the Post points out, but it is more likely he'll be a restricted free agent soon.
The 25-year-old Wallace, selected in the third round of the 2009 draft and was the team's rookie of the year that same year, went to his first Pro Bowl after racking up 1,193 receiving yards and eight receiving touchdowns this past season.
- restricted free agent
- Pittsburgh Steelers