Mike Wallace told some within the Steelers organization that he does not plan to sign his first-round tender "until he has to," according to a source. This means that Wallace could wind up holding out for some or all of training camp.
Wallace is seeking a long-term deal and is unhappy with the $2.7 million first-round tender he received.
Wallace has until June 15 to sign it before the Steelers can cut the tender to $577,500 -- a loss of $2.1 million.
Wallace would be taking a risk if he doesn't sign the tender, which would cost him $2.1 million. If he holds out, and it drags into the preseason, then conditioning and injury become more of a concern. Stay tuned.