Browns should go after Steelers' Mike Wallace
The Browns also let the Redskins outbid them for the second pick in the draft to be used on Robert Griffin III. The Browns apparently have no interest in Matt Flynn.
One by one, top receivers have signed elsewhere. But there is still a way For Mike Holmgren and Tom Heckert to give the Browns offense a huge boost; they should sign Mike Wallace to an offer sheet that would either be difficult for the Steelers to match or put them in such a bind they would have to make other moves to stay under the salary cap.
Wallace is a restricted free agent. The Steelers tendered him a contract that would require a team signing him to an offer sheet to compensate the Steelers with a first-round draft choice if the Steelers don't match it within seven days. I say do it. If the Browns are even thinking about drafting Justin Blackmon they should sign Wallace to an offer sheet first. It would cost them more, maybe $50 million over five years, but by cutting Eric Steinbach ($6 million saved) the Browns have salary cap room to make a big splash.
Wallace caught 72 passes for 1,193 yards and eight touchdowns last season. He is a known commodity. Blackmon is not. So spend the first-round pick on the known commodity. Put Wallace, Greg Little and Josh Cribbs or Jordan Norwood, or a rookie receiver added with the 22nd pick, in the lineup and suddenly the offense would look pretty good. Of course, getting Wallace would also weaken the Steelers.