Deadline to sign Wallace is 4 p.m. today

The deadline for a team to sign restricted free agent Mike Wallace to an offer sheet is 4 p.m. ET today. All indications point to Wallace remaining with the Pittsburgh Steelers for the 2013 season.

I gave my take on why no team has gone after Wallace, a Pro Bowl wide receiver who finished 11th in receiving yards with 1,193 last season. In the video above, ESPN NFL Insider Adam Schefter offers his reasoning on why Wallace hasn't been offered a contract by any other team.