Wallace, who had just 39 receptions for 473 yards and two scores in his only season in Minnesota, took aim at Vikings quarterback Teddy Bridgewater.
"When this process started, I knew that I wasn't going back to Minnesota," Wallace told the Baltimore Sun. "I was like, 'I need a good quarterback. I need a quarterback who I know is proven and can get things done."
"This is going to be fun," Wallace told the Baltimore Sun.
Wallace, 29, had 235 receptions for 4,042 yards and 32 touchdowns during his first four seasons with the Pittsburgh Steelers. He matched a career high with 10 touchdowns in 2014 as a member of the Miami Dolphins.
Ravens are giving former Vikings WR Mike Wallace a 2-year, $11.5 million deal, per source.— Adam Schefter (@AdamSchefter) March 15, 2016
Bridgewater completed 292-of-447 passes for 3,231 yards, 14 touchdowns and nine interceptions last season for the 11-5 Vikings.
Wallace's new quarterback, Joe Flacco, completed 266-of-413 passes for 2,791 yards, 14 touchdowns and 12 interceptions in 10 games last season for the Ravens.
Adam Schefter reported that Wallace signed a two-year, $11.5 million deal with the Ravens, following his release.