Nets’ Gerald Wallace will become a free agent

Brooklyn Nets forward Gerald Wallace has made the decision to opt out of his contract after playing in just 16 games this season, according to multiple reports.

Wallace, 29, was traded from the Portland Trailblazers to than the New Jersey Nets for a first-round draft pick in the 2012 draft that made many people shake their head. Many believed that the Nets trade for Wallace was a desperation move to some what entice All-Star point guard Deron Williams to sign a new contract with the team.

Instead, Wallace made the decision to opt out of his $9.5 million player option for the upcoming 2012-13 season with the Nets. With Wallace only accounting for 16 games, he still played decent basketball as he averaged 15.2 points, 6.8 rebounds and 3.2 assists per game this season.

Like the Celtics forward Brandon Bass, Wallace is looking for a multi-year deal that would give him security, as this could be his last chance to get a decent contract as he is in the twilight of his career.

Wallace, along with his agent, made the notion that he will most likely be coming back to the Nets and ink a deal.

Rob Pelinka, Wallace’s agent said, ”This doesn’t mean Gerald won’t be here next year, we will explore all our options, Gerald loves NY.”

Nets GM Billy King also seemed confident that both sides will come to an agreement on a new contract that will keep Wallace in Brooklyn. According to ESPN, general manager Billy King said Wallace deserves a multi-year deal and wants to re-sign him.

Wallace was drafted by the Sacramento Kings, and since than has played for the Charlotte Bobcats, Portland Trailblazers and most recently the Brooklyn Nets.

Categories: Basketball