Skip to main content
Come Fan with UsSaturday, July 18, 2026

Mike Wallace rumors: Free agent receiver could cost $13 million per season

Whether it be the Miami Dolphins or the Minnesota Vikings, it’s looking like Mike Wallace could be costing whichever team that signs him about $13 million per season going forward.

The Miami Dolphins have been the team to talk about when it comes to pending free agent wide receiver Mike Wallace. After all, the Dolphins need a receiver, have a boatload of salary cap space and the Pittsburgh Steelers are unlikely to be able to retain Wallace. But the market for receivers took a big turn on Monday, and as Michael David Smith of Pro Football Talk notes, it has only benefited Wallace.

In the post, Smith cites Jeff Darlington of the NFL Network, who says that the Dolphins believe the Minnesota Vikings will be involved in the Wallace sweepstakes. On top of that, the Dolphins apparently believe that the Vikings could take the bidding up in the range of approximately $13 million per season to get Wallace signed.

Those are huge numbers, but all it really takes is two teams to start a bidding war to help Wallace really cash in this offseason. He’s been looking for a big contract for some time now, and all this talk of big money is certainly deserved, given what he’s been able to do in the league thus far.

Minnesota is probably a new team in the Wallace race, given that the team traded Percy Harvin to the Seattle Seahawks less than 24 hours ago. Minnesota got a first-round pick in 2013 plus a mid-round pick in 2014 for Harvin, who has had issue after issue in the NFL. Harvin was going to hold out if he didn't get a new contract, or depending on what kind of mood he was in at the time, possibly didn't even want a new contract, but instead wanted to be traded.

Whether Monday was one of those days where Harvin wanted to be traded or not, the deal was done, and now the Vikings have essentially no weapons for quarterback Christian Ponder. That offense is essentially Adrian Peterson and then a ghost town. Of course, Peterson on his own will account for some wins any given season, but a guy like Wallace would definitely put the Vikings on top. The Dolphins clearly have competition here.

More in the NFL:

NFL mock draft: Changes on the eve of free agency

Vikings trade Percy Harvin to Seahawks

Ravens trade Anquan Boldin to 49ers

Top 50 NFL free agents

Crowdsourcing the Jets: When social media goes wrong

Just how powerful is Roger Goodell?

See More:

More in NFL

NFL
NFL Training Camp 2026: Start dates and locations for all 32 teamsNFL Training Camp 2026: Start dates and locations for all 32 teams
NFL

Football is back (kind of).

By James Dator
NFL
6 NFL rookies taken outside the 1st round who could be ROY candidates6 NFL rookies taken outside the 1st round who could be ROY candidates
NFL

These players didnt’t get top-billing in the draft, but could easily surprise.

By James Dator
NFL
The Skinny Post: Who is facing pressure to win the Super Bowl in the 2026-27 NFL seasonThe Skinny Post: Who is facing pressure to win the Super Bowl in the 2026-27 NFL season
NFL

RJ Ochoa and Michael Peterson break down the NFL teams facing pressure in 2026-27 to just win, reach the playoffs, go deep, and win the Super Bowl.

By David Fucillo
NFL
NFL starting QBs ranked by analytics before 2026 seasonNFL starting QBs ranked by analytics before 2026 season
NFL

Breaking down every QB by overall rating and tier.

By James Dator
NFL Draft beat
How will one more season with Ole Miss impact QB Trinidad Chambliss’ NFL-readiness?How will one more season with Ole Miss impact QB Trinidad Chambliss’ NFL-readiness?
NFL Draft beat

Ole Miss quarterback Trinidad Chambliss made sure he had one final NCAA season before he’s drafted. What is Chambliss’ ultimate upside, and what needs work in the short term?

By Doug Farrar