HoopsHype Rasheed Wallace rumors

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Automatically retired players do not come off the salary cap, so it's up to the team and player to determine a settlement that will count against the cap. The Celtics had that with Rasheed Wallace, who retired two years before his contract expired. It would be the same situation with Garnett should he retire with two years left on his deal. Also, there is the misconception that the Celtics Would have the option to buy out Pierce's contract and then re-sign him to a deal reduced. When a team waives a player, as the Celtics would have to do with Pierce, it is ineligible to sign him for one year. Boston Globe

June 13, 2013 Updates

Dumars said conversations with search consultant Phil Jackson were about coaching philosophy more than the Pistons’ job, specifically. Dumars also said he had conversations with players in the league. He had a “colorful” conversation with former Piston Rasheed Wallace, who played for Cheeks in Portland. Detroit Free Press

May 30, 2013 Updates

After Rasheed Wallace retired from the NBA (for the second time) in mid-April, because of a nagging left foot injury, he hung around the team as a player adviser and traveled to road games. While Mike Woodson, a big supporter of Wallace, seems amiable to keeping Sheed in a similar role, the 38-year-old told ESPNNewYork.com he hasn't decided yet on his Knicks future. "Right now, I don't know," said Wallace, who will maintain his New York residence during the offseason. "It's still a long summer; it's just getting started. Right now, it's family time -- just being with my kids." ESPN.com

May 12, 2013 Updates

The effect of retired players on the salary cap - which could eats into play with Kevin Garnett - is not uniform in the new collective bargaining agreement, meaning how it impacts a team's cap is undetermined until a buyout or settlement is negotiated. The Celtics had a situation like with Rasheed Wallace, who retired with two years remaining on his contract. He and the Celtics agreed to a buyout so the final two years of his contract would not impact the salary cap. The buyout amount, however it, does affect the cap. Boston Globe

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April 15, 2013 Updates

The Knicks have announced the release of F/C Solomon Jones, who appeared in two games, making one start while the team dealt with various frontcourt injuries last week. The move might ultimately be explained by the bigger news of the day: Rasheed Wallace may play tonight against the Charlotte Bobcats. Newsday's Al Iannazzone: There is a good chance Rasheed Wallace will try and play tonight. Newark Star-Ledger

April 14, 2013 Updates

Rasheed Wallace could play for the first time since mid-December tomorrow when the Knicks visit Charlotte, Mike Woodson said. Wallace, who had foot surgery in late February, is significantly ahead of schedule. Wallace was on the court running today on the Garden floor before they faced the Pacers in an attempt to clinch the second seed and draw No. 7 Boston. According to Woodson, Wallace will make the determination if he is ready for a cameo vs. Charlotte. At the worst, Woodson would like to play him vs. Atlanta in the season finale. New York Post

April 11, 2013 Updates

According to Thomas, even Rasheed Wallace—he of the NBA-record technical-foul tally—has a slight desire to coach someday. Wallace, who has been injured and is usually unavailable in the locker room, couldn't be reached for comment. "These guys have all played a major role somewhere for some team," Knicks coach Mike Woodson said of his veterans, mentioning Thomas, Kidd, Wallace, Prigioni and Marcus Camby by name, although Camby doesn't sound interested in coaching. "We obviously did our homework [in acquiring the players], but they've been so much more than we ever expected." Wall Street Journal

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