Wallace, 25, started all 12 regular-season games in which he appeared last season. He totaled 48 tackles and two interceptions to go with eight pass breakups as the team’s second corner. In three playoff games this past season, Wallace had 12 tackles, two tackles for loss, a sack, and a forced fumble.
The Bills did not tender Wallace a contract offer at the deadline to do so for restricted free agents, which passed earlier this afternoon. Since the right-to-first-refusal tender was $2.133 million, it’s safe to assume that this contract should be for less than that amount.
Wallace has started 28 games at corner for the Bills over the last two regular seasons, and he’s played at least 57 percent of the team’s defensive snaps over the last two years, as well. He should compete with Dane Jackson for time opposite Tre’Davious White, though the Bills will almost certainly add another corner either via free agency or the draft to compete with Wallace.