Breaking news is that the Pittsburgh Post Gazette states that Mike Wallace would have a value of around a 4th round pick in a proposed trade.

For those of you who don't know, Wallace is that young, big play guy that the Dolphins desperately can use. He has speed of Gates, hands of Hartline and routes of well, Mike Wallace. He's a LEGITIMATE #1 WR.

While some people speculate that PIT wouldn't move him for atleast a 2nd or 3rd, i still think it's worth it. Miami needs to invest in a young stud WR sooner or later and you won't get a better value than that for a proven player like Mike Wallace.

Miami should be on the phone NOW and willing to deal a 3rd or possibly a 2nd round pick to snag this TOP-10 talent for dirt cheap. Don't forget Miami has (2) 3rd-rounders next year.

Mike Wallace Highlights 2011-2012

UPDATE: 07/28/12 12:00 PM- Y! Sports reporting the Colts, Cowboys & Dolphins have had preliminary discussions with the Steelers about pro-bowl receiver Mike Wallace.

UPDATE: 07/28/12 10:00 PM- Steelers GM Kevin Colbert tells ESPN's Ed Werder that unsigned restricted free agent Mike Wallace is not available for trade.