November 4, 2012; East Rutherford, NJ, USA; Pittsburgh Steelers wide receiver Mike Wallace (17) runs past New York Giants corner back Prince Amukamara (20) for a touchdown during the fourth quarter of an NFL game at MetLife Stadium. Mandatory Credit: Brad Penner-USA TODAY Sports

Vikings expected to enter bidding war for free agent receiver Mike Wallace

The Vikings are expected to upgrade the receiving corps via free agency and through the draft this offseason, but there is a general belief that general manager Rick Spielman will not sign top-dollar free agents.

Apparently that is not the case.

The Vikings and Dolphins are expected to bid for free agent receiver Mike Wallace, according to Jeff Darlington of

Per the report, Wallace is about to “get a contract that will exceed the deals given to both Jackson and Bowe.” Bowe received a five-year $56 million contract from the Chiefs just before free agency began.

After releasing veteran wide receiver Michael Jenkins, Minnesota has only three wide receivers under contract with NFL experience: Percy Harvin, Jarius Wright and Stephen Burton. There has been speculation the Vikings may attempt to trade Harvin, but Spielman rejected the idea saying that he does not intend to trade him.

Even with a significant need at wide receiver, the idea of the Vikings giving a free agent receiver a Bowe-type of contract is not consistent with Spielman’s general philosophy since taking over as GM. Just last month, Spielman spoke about his philosophy of building through the draft.

I’m not a real big believer in spending in free agency. We’re always going to try to build through the draft and continue to do that. Because I think that way you maintain a roster that can be competitive year in and year out. Not only on the field but also from a financial standpoint of staying within the cap and looking at the overall cash. I think you have a lot more success when you sign your own players as unrestricted free agents. Because you know them the best. And if you screw up signing one of of your own guys and he doesn’t pan out, then that’s a fault on you. I think it’s a little riskier when you go out and try to sign other team’s UFAs.”

Spielman certainly does not completely shut out the idea of spending money in free agency, but spending the amount it will take to sign Wallace would be labeled as a “risky” signing in his book.

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Tags: Mike Wallace Minnesota Vikings

  • 3kolu

    The Vikes should be at least 20-23 million dollars under the cap real soon by restructuring Kevin Williams contract who is due over 7 million and also Jared Allen who is due 13 million this year as well.  But, that doesn’t mean they are going after a talented but imperfect WR in Mike Wallace.  Wallace isn’t the receiver that Dwayne Bowe or Vincent Jackson is, and also there is the Percy Harvin situation.  Yet the Vikings could go after Wallace if they feel they can develop Jarius Wight into a productive slot receiver to replace Harvin, and especially if they feel that Greg Childs can make back from duo torn patella tendon tears he suffered last year.  Then, they can go after a Middle LB and a DT in the early rounds of the draft.