HoopsHype.com Rumors

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

Boston Celtics, Rasheed Wallace, Salary Cap, Kevin Garnett 

Al Iannazzone: JR Smith credits vets Kidd, Wallace, Kurt, Camby and Kenyon for keeping him in line this year. Twitter @Al_Iannazzone

New York Knicks, Rasheed Wallace, Kenyon Martin, Jason Kidd, Kurt Thomas, JR Smith, Marcus Camby 

Nate Taylor: Mike Woodson on Rasheed Wallace's role now: “He’s going to be like me cheering these guys on." Twitter @ByNateTaylor

New York Knicks, Rasheed Wallace, Mike Woodson 

Shaun Powell: Not understanding this romanticizing about Rasheed Wallace. Saw him in public. Treated people like dirt. Twitter @Powell2daPeople

New York Knicks, Rasheed Wallace 

Shaun Powell: Besides Rasheed, only player more rude with public was Ralph Sampson. Jerk of highest order. Twitter @Powell2daPeople

New York Knicks, Rasheed Wallace 

Joakim Noah: Damn... Rasheed Wallace... one of the best to ever do this Twitter @JoakimNoah

Chicago Bulls, New York Knicks, Rasheed Wallace, Joakim Noah 

Rasheed Wallace announced his retirement from basketball, again, on Wednesday, after injuries prevented him from being able to consistently play in shape. CBSSports.com

New York Knicks, Rasheed Wallace, Injuries 

Brian Mahoney: Woodson, half hour before the Sheed announcement: "No, we don't really have any major update for him yet." HOW ABOUT THAT HE'S RETIRING? Twitter @briancmahoney

New York Knicks, Rasheed Wallace, Injuries 

Frank Isola: Rasheed did not speak to reporters. "I've got to see my people." Hopefully, one of his people is a doctor because he was walking with a limp Twitter @FisolaNYDN

New York Knicks, Rasheed Wallace, Injuries 

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

New York Knicks, Rasheed Wallace, Solomon Jones 

Rasheed Wallace appears to be close to returning to the Knicks’ lineup. Before Sunday’s game against the Indiana Pacers, Coach Mike Woodson said Wallace could play as early as Monday’s road game against the Charlotte Bobcats. New York Times

New York Knicks, Rasheed Wallace, Injuries 

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

New York Knicks, Rasheed Wallace, Mike Woodson, Injuries 

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

New York Knicks, Rasheed Wallace, Mike Woodson, Coaching, Marcus Camby 

The Knicks soon may make a hard decision on cutting either Thomas or Rasheed Wallace, who had foot surgery and seems a long shot to make it back. That would open up a roster spot for a big man, probably one out of the D-League. The Knicks will stand pat for now and see how the healing goes with Thomas and Wallace, who is to have stitches taken out of his foot this week. The Knicks still believe Amar’e Stoudemire, who had knee surgery nine days ago, can make it back for the playoffs. Thomas had been playing for several years with a stress fracture and now it has been re-aggravated. Dr. Anish Kadakia, a leading orthopedic foot surgeon at Northwestern Hospital, told The Post because this is not a new stress fracture, it can get better within a month. New York Post

New York Knicks, Rasheed Wallace, Kurt Thomas 

But when Woodson was asked if he has reconsidering waiving Wallace, a player he convinced to come out of two-year retirement, the head coach said: "I don't know where that came from. That was you guys (in the media). I never made that statement about waiving Rasheed. Rasheed still has a chance to bounce back as well but again as we go up this road we've just got to wait and see. "Are these guys able to come back for us? I don't know what the process is in terms of being able to add another roster spot. I haven't really looked into that." New York Daily News

New York Knicks, Rasheed Wallace 

Ian Begley: Woodson says he has to check w/front office regarding Rasheed Wallace's roster spot. They may need it for a replacement for STAT. #Knicks Twitter

New York Knicks, Rasheed Wallace 

Ian Begley: Asked Rasheed, on crutches, if he was going to try to make it back for the playoffs. "I don't know, we'll see what the doc says." #Knicks Twitter

New York Knicks, Rasheed Wallace, Injuries 

Anthony missed his second straight game with what the Knicks have vaguely called a “sore/stiff right knee.’’ Woodson said Anthony is officially listed as “day to day’’ — the timetable Rasheed Wallace was given when he went down in mid-December. Wallace still has not returned. Woodson seemed a little more serious in discussing Anthony’s absence than he was in Detroit on Wednesday. Woodson said after last night’s game there is a possibility Anthony could play tomorrow when the Knicks host the Jazz before a five-game West Coast trip. He said he would know more today. New York Post

New York Knicks, Rasheed Wallace, Carmelo Anthony, Injuries 

I think there were five Knicks on the court last night who actually payed with or against your dad... Curry: Yeah, there were five on the court. Rasheed Wallace was the sixth on their team but he wasn't there. So Kurt Thomas, Jason Kidd, Carmelo Anthony I think, Tyson Chandler and other player I can't remember. The Big Lead

Golden State Warriors, New York Knicks, Rasheed Wallace, Carmelo Anthony, Jason Kidd, Kurt Thomas, Tyson Chandler, Stephen Curry 

Rasheed Wallace’s surgery in which a screw was inserted into his left foot Thursday at the Hospital for Special Surgery was done with his goal of returning sometime during the playoffs. Wallace could have just called it a career, placed a cast on the foot for 12 weeks and been done with basketball. According to a source, he contemplated that possibility the last several days. The Knicks, however, announced an eight-week timetable that could put him back on the court in the middle of the first round. But one leading medical expert said Wallace will not be at 100 percent healed after just eight weeks from surgery to repair a Jones fracture of his fifth metatarsal. New York Post

New York Knicks, Rasheed Wallace