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2012 NBA Free Agency: Nets, Gerald Wallace Agree On 4-Year Deal, According To Sources

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The 2012 NBA free agency period opened early Sunday morning, and the Brooklyn Nets have become the first franchise to agree in terms with a player. According to New York Post's Fred Kerber, the Nets signed forward Gerald Wallace to a four-year, $40-million deal. The signing cannot become official until the signing period begins on July 11.

Wallace, who opted out of the final year of his contact with the Nets last month, was expected to sign just a three-year deal worth $24 million, but it looks like he got the extra year he wanted.

Last season, Wallace was acquired by the Nets via a trade with the Portland Trailblazers. The acquisition was to help convince star point guard Deron Williams to re-sign with the team.

It's unclear if the agreement between the Nets and Wallace will help the franchise's chances of trading for center Dwight Howard, who has been asked to be traded from the Orland Magic to Brooklyn.

FG 3PT FT Rebounds Misc
G M M A Pct M A Pct M A Pct Off Def Tot Ast TO Stl Blk PF PPG
2011 - Gerald Wallace 58 35.8 4.9 10.9 45.4 0.8 2.6 30.7 3.1 3.9 80.0 1.5 5.2 6.7 2.8 1.9 1.5 0.6 2.5 13.8

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