After benching himself against the New York Jets in Week 17, Dolphins WR Mike Wallace could be on his way out.
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Miami Dolphins owner Stephen Ross is unsure WR Mike Wallace will be back for the third year of a five-year, $60 million contract.
“I don’t think anyone really knows,” Ross said, via Barry Jackson of The Miami Herald.
In Weeks 15 and 17 against the New England Patriots and New York Jets respectively, Wallace pulled himself from the games – both of which were losses. In the aftermath of the Week 17 loss to the Jets, Wallace reportedly lost the support and respect of QB Ryan Tannehill and veteran WR Brian Hartline.
Wallace has a salary scheduled to cost $12.1 million against the salary cap. According to The Miami Herald, Wallace is not going to accept a pay cut, begging the question whether the Dolphins decide to keep him or release him.
If Wallace is cut after June 1, the team will save $6.9 million in cap space while carrying $5.2 million in dead money. Wallace will walk away with $3 million in guarantees regardless.
Since being signed for that lucrative contract in 2013, Wallace has recorded 15 TDs and was 7th in the NFL with 10 receiving TDs in 2014. But he has yet to record over 1,000 yards in a season and has set career lows in yards/catch in back-to-back years.