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Gerald Wallace and Nets Agree To Deal


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#1 LALakersFan4Life

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Posted April 28, 2012 - 10:19 AM

Gerald Wallace Likely To Opt Out

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Gerald Wallace has a player option worth $9.5 million for the 12-13 season, but he suggested that he plans to opt out to sign a four or five-year deal.

Wallace said the idea of playing in Brooklyn is appealing.

“It does,” Wallace said. “I was a part of Charlotte [Bobcats] when they first got started. Just the buzz and the atmosphere from the community around that was amazing. Brooklyn has never had a team. I can just imagine how excited and all of the buzz that's going to be around that situation."

The Nets acquired Wallace in exchange for their 2012 first round pick (top-3 protected), along with Mehmet Okur and Shawne Williams.


http://www.newsday.com/sports/basketball/nets/deron-williams-ponders-stay-in-brooklyn-1.3687011

Edited by LALakersFan4Life, May 20, 2012 - 10:37 AM.


#2 LALakersFan4Life

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Posted May 20, 2012 - 10:40 AM

Nets Open Extension Talks With Gerald Wallace

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The Nets have opened contract extension talks with Gerald Wallace, general manager Billy King confirmed.

"We've had conversations with his representatives because actually we can talk about the potential of [an] extension if he opts in,” King said. “We'll leave that there."

The Nets are hosting a draft combine this weekend at their practice facility.

"The one thing I learned from Donnie Walsh when I was an assistant coach in Indiana, he said, 'If this is where you're making your evaluation, you're too far behind,'” King said. “We've seen these guys play 5-on-5 in college, so this is just another part of the process. What we base our decision on is really what they've done with their college program. This is more just to get their real measurements, see if they pick up the NBA pick-and-roll and the coaching."


http://espn.go.com/blog/new-york/new-jersey-nets/post/_/id/4827/king-says-lopez-making-good-progress

#3 LALakersFan4Life

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Posted June 17, 2012 - 10:46 AM

Gerald Wallace Will Opt Out, Become Free Agent

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BY Stefan Bondy

Gerald Wallace told the Charlotte Observer that he won’t opt into the final year of his contract and will instead become a free agent, meaning the Nets may have traded the sixth pick in this month’s draft for a 16-game rental.

The Nets were hoping Wallace, 29, would at least sign an extension, but the former All-Star is looking for one last big contract — perhaps with the Nets, who retain his Bird Rights.


http://www.nydailynews.com/blogs/nets/2012/06/gerald-wallace-to-test-nba-free-agency

#4 LALakersFan4Life

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Posted July 01, 2012 - 09:10 AM

Gerald Wallace and Nets Agree To Deal

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By Marc Stein | ESPN.com

The Brooklyn Nets reached a verbal commitment with swingman Gerald Wallace on a four-year deal worth $40 million, according to sources close to the process.

The Nets have been openly confident in their ability to re-sign Wallace, who opted out of the final year of his contract last month with the intent of staying with the Nets.

No new contracts in the NBA can be officially signed until July 11, but sources told ESPN.com that Wallace -- originally expected to land a three-year deal worth $24 million -- will instead land the four-year deal.

Wallace opted out of the $9.5 million he was originally scheduled to earn in 2012-13 on June 15 to proceed to free agency.

The Nets paid a high price to acquire Wallace from Portland during the season in hopes of upgrading the roster to convince marquee free agent Deron Williams to commit to the team long term, sending the Blazers their top pick in this year's draft with only top-three protection attached. When Brooklyn finished sixth in the May lottery, Portland took control of the pick and drafted Weber State point guard Damian Lillard.


http://espn.go.com/new-york/nba/story/_/id/8118981/2012-nba-free-agency-brooklyn-nets-close-agreement-gerald-wallace-sources-say




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