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Miami Dolphins are reportedly shopping Mike Wallace, Dion Jordan and Cameron Wake

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A new regime in Miami appears willing to listen to talks about trades for many of their players.

Chris Trotman

CBS Sports' Jason La Canfora reported Friday the Dolphins are looking to retool their roster under a new general management group, and that retooling would include entertaining offers for wide receiver Mike Wallace, 2013 first round pick Dion Jordan and edge player Cameron Wake.

Numerous league sources, including executives from other teams, say the Dolphins might also be open to dealing receiver Mike Wallace and pass-rushing ace Cam Wake. That perception has only grown through the course of this week, through conversations with numerous decision-makers from other clubs, as Miami looks to retool its roster under a new regime.

The situation with Wake makes some sense. He's a 30 year old pass rusher with a hefty contract. He's still productive, but that also means he is still alluring to other teams. He is a good piece of trade bait.

If Wallace is indeed being actively shopped, it would signal an extreme solution to the bold contract given to him during the previous off-season. Wallace, with 73 catches, 930 yards and five touchdowns, under performed in 2013, his first year of a $60 million contract signed last offseason.

Dion Jordan is the real surprise here. He had a disappointing rookie year no doubt. He suffered through a shoulder injury which I'm sure limited his growth, and lead to severely reduced playing time from what I at least expected. Oliver Vernon also came on in the DE role across from Wake as the season progressed.

Miami traded up to the third overall spot in the 2013 draft to nab Jordan, sending their 13th overall first and second round picks to the Oakland Raiders. Looking to cut ties with him suggests a great number of things are going on. It is possible that they discovered that Jordan was just not a 4-3 DE pass rusher. It is also possible they feel the roster needs an overhaul, and he presents a prime bargaining chip with a relatively inexpensive rookie contract and all the upside one could desire.

There are also some interesting institutional dynamics in play here. Allegations of bullying surfaced during the 2013 season and it led to the departure of offensive tackle Jonathan Martin and the suspension of guard Richie Incognito. They also have a new rookie general manager, Dennis Hickey, who has no ties to these players.

The Steelers aren't typically a team that makes splash deals in the offseason, so suggesting they would have any interest in alleged trade scenarios is off base. Jordan does have all the makings of a great 3-4 OLB, though. He is 6-foot-6, 250 pounds and great explosion. He put on a show last year at the NFL Scouting Combine, and no one really batted an eye when he went third overall.

Would the Steelers pay a hefty price for Jordan? I can't imagine they would take less than a 1st rounder considering what they invested in him, or perhaps a bevy of picks ranging from the 2nd-5th rounds.