No longer are there any reports of how far over the cap the Steelers are. After their waves of restructurings and releases, the Steelers sit at nearly $15 million under the 2012 salary cap.
That leaves a lot of open doors for the Black and Gold.
Mike Wallace is not going to be receiving the franchise tag and will get an offer of $2.7 million. The Steelers will get a first-round pick if another team signs him, but that will still leave a boat-load of money for the Steelers to spend this offseason.
With two first-round draft picks, the Steelers will still not come close to the salary they have available, so with this list, I will show you the likely players that may be joining the Steelers when the free-agency period opens.