Celtics waive Wallace, paves way for retirement
Basketball Betting Lines
08/10/2010 - Boston, MA (Sportsbook Betting Lines) - The Boston Celtics on Tuesday waived forward Rasheed Wallace, paving the way for the veteran's retirement.
Wallace, who will turn 36 in September, had two years remaining on his three- year, $18.9 million contract with the Celtics.
"We would like to thank Rasheed for everything that he did for this team and organization last season," said Celtics president of basketball operations Danny Ainge. "We would like to wish Rasheed and his family the best as they move on into the next phase of their lives. He will always be a member of the Celtics family."
The 35-year-old came to the franchise as a free agent in July 2009. He played in 79 regular-season games with Boston last year, averaging 9.0 points and 4.1 rebounds per contest over 22.5 minutes per game. He was a key presence in the Celtics' drive for an 18th championship, one that was derailed in a Game 7 loss to the Los Angeles Lakers in the Finals.
Known for his tenacious play and tendency to pick up numerous technical fouls, Wallace would end his career with 14.6 points and 6.7 rebounds per game over 1,088 contests with five clubs.
A native of Philadelphia who played for collegiate powerhouse North Carolina, Wallace was taken by Washington with the fourth overall pick in the 1995 draft, but spent just one season playing in the nation's capital before being traded to Portland.
Wallace was with the Trail Blazers from 1996-2004 before he was traded to Atlanta. Just 10 days later, on February 19, 2004, Wallace was dealt to Detroit and he excelled for the Pistons, helping them to the championship later that year.
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