Mike Wallace to the Dolphins "Very Likely" [Update: Wallace signs with Dolphins]

According to ESPN's Adam Schefter, a 5 year deal between Mike Wallace and the Dolphins is very likely to come to pass. Schefter also reports the deal could be worth reportedly north of 10 million dollars per season.
[Update, Mike Saver] now it appears that Wallace has officially signed with the Dolphins.

The Patriots will now have to face the speedy Wallace twice a year. Will the Dolphins overtake the Jets as biggest thorn in our side but not really that big of a threat?