Of course, this is hardly a surprise, since the Dolphins have plenty of salary-cap space and desperately need some play-making wide receivers. Plus, Wallace is one of the premiere deep threats in the game and arguably the top free-agent wide receiver out there.
However, ESPN NFL Insider Khaled Elsayed ranks Wallace as the No. 14 free agent out of all positions, behind wide receivers Greg Jennings, Wes Welker, Dwayne Bowe and Victor Cruz. And ESPN AFC East blogger James Walker wonders if the Dolphins can find an answer for their WR needs via the draft with Tennessee's Cordarrelle Patterson:
"Much was made of a change in offensive coordinator playing its part in Wallace not being given the opportunities to get deep. However, Wallace actually saw his deep targets rise from 24 in 2011 to 31 last year. Wallace just picked a bad season to have a down year, dropping two more balls and forcing 11 fewer missed tackles. Still, the 2011 season in which Wallace established himself as the league's premier deep threat shouldn't be forgotten."
"Most pundits link free-agent receivers like Greg Jennings or Mike Wallace to Miami. But what about the draft? Is the dynamic Cordarrelle Patterson from the University of Tennessee a possibility? The Dolphins hold the No. 12 overall pick and Patterson is one of the few receivers worth considering in that spot. Patterson is raw with just one year of Division I experience, but he has all the physical tools to be a playmaker at the next level. ... The Dolphins need athletic playmakers on offense. Patterson certainly fits that mold. Tannehill has a strong arm and can make all the throws, but he was limited last year with a below average supporting cast at wide receiver and tight end. Patterson is definitely a prospect Miami will keep an eye on at the NFL combine this week."