Dolphins attempting to trade WR Mike Wallace The Miami Dolphins...

Dolphins attempting to trade WR Mike Wallace

The Miami Dolphins have discussed the possibility of trading disgruntled wide receiver Mike Wallace this offseason, Armando Salguero of the Miami Herald reports.

According to Salguero, the Dolphins had previously discussed asking Wallace to take a pay cut. But he’s already told them that he will not restructure the final three years and $32.9 million left on his contract. Wallace, who has expressed his displeasure with the Dolphins’ conservative offense, would rather test the free-agent market than re-work the details of his contract, which pays him $9.9 million in 2015.

Wallace, who signed a five-year, $60 million contract with the Dolphins prior to the 2013 regular season, was the third highest-paid receiver in the league, only behind Percy Harvin and Calvin Johnson. A resolution on Wallace’s future won’t likely come until his $3 million of his salary becomes guaranteed on March 15.

“Mike is a guy who is under contract for now. We’re discussing all our options,” Mike Tannenbaum, the Dolphins’ executive vice president of football operations told 940 WINZ Thursday morning. “Coach [Joe] Philbin, [owner Steve] Ross, Dennis [Hickey] and myself, we’ve talked. For now Mike is under contract, and we’ll see where things go from there.

Philbin benched Wallace for the final half of Miami’s 37-24 season-ending loss to the Jets because of the receiver’ comments inside the team’s locker room at halftime.

“Mike Wallace is definitely a guy that has had success in this league,” Tannenbaum said of Wallace, who caught 67 passes for 862 yards and tied his career-high by scoring 10 touchdowns last season.

“At any position we’ve got to look at depth and contributing over a 16 game stint. He scored 10 touchdowns last year,” Tannenbaum continued. “Any decision we make will be a thoughtful one. Right now we have the benefit of putting our plan together because the league year doesn’t start on March 10.”

In two seasons with the Dolphins, Wallace totaled a combined 1,792 yards and 15 touchdowns. But after recording two 1,000-plus seasons in four years with the Steelers, Wallace has yet to crack the 1,000-yard threshold with Miami. So far, he hasn’t lived up to expectations in Miami.

The Dolphins will either keep Wallace for the 2015 season, paying him the $9.9 million he’s owed if he doesn’t agree to restructure. They could also cut him to create $6.9 million in cap relief, or trade him to another team, which creates $5.5 million in cap relief, but also features $6.6 million in dead money.

Full article from Kickoff Coverage via http://ift.tt/1zLHISw