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Most people think that the Mike Wallace saga has ended and that he'll play with the Steelers during the 2012 season, but I think the drama is just beginning.
With the Denver Broncos signing Peyton Manningand not really having many receiving threats around him (plus a whole lot of cap room to play with), Mike Wallace has to be a prime target for them. And even if Wallace does play with the team next season, the troubles will just continue.
Next season, Wallace, Antonio Brown and Emmanuel Sanders will all be free agents and the best Steelers passing offense Pittsburgh has ever seen may be over before it even really got started.
Unless the Steelers can find a way to keep all three of these guys, they should probably start planning ahead. I'm all in favor of re-signing the very underrated Jerricho Cotchery, but when the draft rolls around, they may find themselves a late-round sleeper.
Iowa's Marvin McNutt would give the Steelers a little something they could use in their offense now: height. He's 6'4", but has the ability to run crisp routes and catch anything thrown at him.
The problem is, he's only an average athlete and he might not get much better than he is right now. McNutt should be available for the Steelers in the Fourth Round, but with a good showing at his pro day, he may jump to the third.
For some deep sleepers, there are a few MAC receivers the Steelers could look at.
Jordan White of Western Michigan and LaVon Brazill of Ohio are two guys that are very similar in style to current Steeler Emmanuel Sanders. Brazill is also a good kick and punt returner. Both guys should start getting looks late, and will be around in the Sixth and Seventh Rounds.