The Miami Dolphins are poised to go on a bit of a shopping spree, once the March 12th Free Agency period opens. As of this moment, the Dolphins have roughly $45 million to spend on resigning their own free agents and acquiring free agents that will hit the market on March 12th. We can only guess as to what the Dolphins plan for the upcoming offseason will be, but we are beginning to hear rumblings about what the team is thinking.
According to both the Sun Sentinel and Miami Herald, the Dolphins plan to make Mike Wallace the team’s primary target this offseason. Wallace is expected to become a free agent on March 12th, as the Steelers are not expected to place the franchise tag on him. This means that Wallace will likely be playing for the highest bidder. Reports last week indicated that Wallace might join the Browns, who have close to $50 million in cap space. However, I think he’ll ultimately end up playing for whomever offers him the most money.
If Stephen Ross and Jeff Ireland have made one thing clear this offseason, it’s that they plan on being aggressive and won’t be afraid to spend money. That’s why I can see the Dolphins doing whatever it takes to sign Wallace. We’ve known for some time that it would likely take a deal, similar to the one Vincent Jackson received last year, to sign Wallace this offseason. Last year, Jackson signed for 5 years/$55 million with the Buccaneers. Peter King of SI.com said this morning that he wouldn’t give Wallace as much as Jackson. If the market agrees and Wallace signs for less than $10-11 million per season, great. (cont’d on page 2, click here)