Ravens sign WR Mike Wallace, two-year deal-- Tue Mar 15 2:20 pm --
The Baltimore Ravens have agreed to a contract with free agent wide receiver Mike Wallace, a source confirmed to ESPN. A source told ESPN's Adam Schefter that the deal is for two years and is worth $11.5 million.
The Ravens are expected to announce the signing Tuesday during a news conference. The deal was reached after Wallace had spent the day visiting the Ravens' facility.
FF Today's Take:After finishing as a top-20 fantasy receiver in 2014 with Miami, Wallace fell flat in Minnesota with Teddy Bridgewater at quarterback finishing 75th among fantasy receiver. Moving to the Ravens offense that will take more deep shots should allow Wallace to regain some fantasy relevance in 2016.
Vikings release WR Mike Wallace-- Tue Mar 8 3:45 pm --
No dead money absorbed in the deal
The Vikings never considered keeping Mike Wallace under a contract situation that called for them to pay him $11.5 million in 2016. So moments ago, they made it official by waiving Wallace.
There is no dead money absorbed in the deal, meaning the Vikings just chopped off $11.5 million against their cap. And all it cost them was a receiver who caught only 39 passes for 473 yards and two touchdowns.
(Minneapolis Star Tribune)
FF Today's Take:This move was expected, considering Wallace's lack of involvement in the offense and the fact the team could release him without any cap ramifications. Wallace should have some appeal on the free agent market as the wide receiver class is very weak.
Difficult to see Wallace remaining in Minnesota-- Mon Feb 15 9:45 am --
Team can cut WR without any salary cap ramifications
Is there any chance that the Vikings will actually keep Mike Wallace around? “I would like him back,” Zimmer said. “I just love the kid.” But he also acknowledged that the future is uncertain for Wallace, who is set to make $11.5 million in 2016. The Vikings can release him without any salary cap ramifications.(Stat-Tribune)
FF Today's Take:The Vikings could also ask Wallace (39-473-2) to take a pay cut but with him underperforming his nearly $10 million salary last season and being an odd fit for the Vikings offense, it would be surprising to see him released. Stefon Diggs and Jarius Wright (slot) appear to have solidified their roles in the offense, but a second outside receiver remains a priority.
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