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Rasheed Wallace officially signs with Knicks

Free agent forward Rasheed Wallace has officially signed with the New York Knicks.

Elsa - Getty Images

The New York Knicks officially signed free agent forward Rasheed Wallace on Wednesday afternoon. The two sides had reportedly reached a handshake deal on Sept. 29 but had yet to finalize a contract.

Wallace missed the first day of training camp on Tuesday while his representation and the Knicks organization hammered out the minor details of the agreement, which is a veteran-minimum deal set at a reported $1.7 million. Wallace participated in practice on Wednesday and was seen wearing a backwards jersey with sweat pants rolled up to his calves.

With the addition of the 38-year-old Wallace, the Knicks have added another aging piece to an already seasoned roster, which includes Jason Kidd (39), Kurt Thomas (39), Marcus Camby (38) and Pablo Prigioni (35). In addition, the team has added a player who is willing to help out on the defensive end of the floor, via SB Nation's Chris Celletti:

There are still holes on the Knicks' defense in Anthony and Stoudemire, but Tyson Chandler, Camby, Wallace and Thomas give the Knicks four able bodies at center that aren't afraid to put someone into the fifth row if need be.