Report: Gerald Wallace Will Opt Out Of New Jersey, Test Free Agency
Gerald Wallace had a solid first month in a New Jersey Nets uniform, averaging 15.2 points, 6.8 rebounds, 3.1 assists and 1.4 steals over the last 16 games of this season. But according to Stefan Bondy, who covers the Nets for the New York Daily News, Wallace will be testing free agency this summer.
Gerald Wallace says he'll test free agency. He has a one year player option worth 9.5 million with incentives—
Stefan Bondy (@NYDNInterNets) April 27, 2012
Wallace re-signed with the Charlotte Bobcats in the summer of 2007 for six years and $57 million, but the final season is a player option. Wallace has been traded twice in the last two seasons — first from Charlotte to the Portland Trail Blazers at the 2011 trade deadline, and then from Portland to New Jersey this year — and it sounds like he has no interest in remaining a Net.
Wallace turns 30 this summer. He was an All-Star and a first-team All-Defense selection in 2010.