Miami had a choice in the offseason leading up to the 2013 campaign: Sign one of the three big name Wide Receivers in Free Agency: Mike Wallace, Dwayne Bowe or Greg Jennings.
Much has been made about the large contract Mike Wallace received. Let's see how he has fared statistically vs the other two Wide Receivers Miami could have had.
Mike Wallace Receiving Stats 2013-2014 with Miami Dolphins
2013 73 REC 930 Yards 5 TD
2014 54 REC 661 Yards 7 TD
Total 127 REC 1591 Yards 12 TD
2013 57 REC 673 Yards 5 TD
2014 46 REC 569 Yards 0 TD
Total 103 REC 1242 Yards 5 TD
Greg Jennings Receiving Stats 2013-2014 with Minnesota Vikings
2013 68 REC 804 Yards 4 TD
2014 45 REC 546 Yards 4 TD
Total 113 REC 1350 Yards 8 TD
Mike Wallace has more Receptions, Yards and Touchdowns than Bowe and Jennings over the past two seasons and outperformed them in both seasons thus far.
Miami 2012 (without Wallace) - 7-9
Miami 2013 (with Wallace) 8-8 +1
Miami 2014 (with Wallace) 7-5 (currently 6th Seed in AFC Playoffs)
Dwayne Bowe
Kansas City 2012 - 2-14
Kansas City 2013 - 11-5 (Andy Reid)
Kansas City 2014 - 7-5
Greg Jennings
Minnesota 2012 (without Jennings) - 10-6
Minnesota 2013 (with Jennings) 5-10-1
Minnesota 2014 (with Jennings) 5-7
Did Mike Wallace make the Miami Dolphins a better team? In 2013, the answer was yes. Miami was 7-9 in 2012 without Wallace, and 8-8 in 2013 with Wallace. One player doesn't make a team, and one win doesn't seem like much, but with him on the team, Miami went from being a team with a losing record to a .500 team as he built chemistry with Ryan Tannehill. One extra win can mean the difference from making the playoffs and not making the playoffs in 2014. As of this writing, Miami is 7-5 and currently the 6th seed in the AFC Playoffs if the season ended today.
You can complain about how large his contract is, but don't say Mike Wallace has not contributed. He contributed more than the other two guys have for their teams.

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