Source: Mike Wallace dealt to Vikes

ByABC News
March 13, 2015, 7:20 PM

— -- The Minnesota Vikings have acquired wide receiver Mike Wallace and a seventh-round draft pick from the Miami Dolphins for a fifth-round pick, a league source told ESPN NFL Insider Adam Schefter.

The trade was made before the Dolphins had to pay Wallace's $3 million bonus this weekend.

Wallace led the Dolphins in receiving yards (862) and touchdowns (10) and was second in receptions (67) this past season. However, he fell out of favor in Miami following Week 17 sideline altercation in a loss to the New York Jets. Wallace was benched in the second half, which raised questions about his future with the team.

He also struggled at times to get on the same page with quarterback Ryan Tannehill, who wasn't consistent throwing deep passes to the speedy Wallace. According to ESPN Stats & Information, Tannehill threw three more interceptions than TDs (seven to five) when targeting Wallace in 2013, although that ratio turned around significantly in 2014 (one INT, 10 TDs).

Miami traded for former New Orleans Saints receiver Kenny Stills on Friday, which made Wallace expendable. He was scheduled to make $9.9 million in 2015. Wallace initially inked a $60 million contract with the Dolphins in 2013 after spending his first four seasons in the league with the Pittsburgh Steelers.

The Dolphins are in the process of overhauling their entire receiving corps.

In addition to trading Wallace, Miami also released former starter Brian Hartline and slot receiver Brandon Gibson. The trio accounted for 135 receptions, 1,631 yards and 13 total touchdowns in 2014.

Information from ESPN.com's James Walker was used in this report.