The Mike Wallace watch is on again.
According to an NFL Network report, Wallace will end his holdout from the Pittsburgh Steelers and sign his one-year, $2.742 million restricted free agent tender Tuesday.
Wallace has been in regular contact with teammates, including quarterback Ben Roethlisberger and wide receiver Antonio Brown, who signed a five-year, $42 million contract while Wallace was holding out for a contract that puts him among the highest-paid players at his position.
Wide receiver Jerricho Cotchery said the Steelers would welcome Wallace back with "open arms" and hold no ill against him when he does finally report.
Last week, media reports circulated that Wallace would be in camp by the end of the weekend.
Wallace, per Roethlisberger, is in "great shape" and motivated to earn a lucrative contract. But he's unlikely to play in the preseason while he gets up to speed in offensive coordinator Todd Haley's offense.
Terms of the collective bargaining agreement stipulate Wallace must sit out the first practice after he returns and cannot participate in full pads until the fourth day.
Wallace led the Steelers with 72 receptions for 1,193 yards and eight touchdowns last season. In his first three seasons, the 26-year-old Wallace averaged 18.7 yards per reception with 24 touchdowns.