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Celtics sign Rasheed Wallace

Posted By Jessica Camerato On July 8, 2009 @ 2:49 pm In General | 1 Comment

On Wednesday the Celtics announced the signing of free agent Rasheed Wallace. Terms of the deal were not disclosed per team policy. However the contract is reported [1] to be two years worth the mid-level of approximately $5.7 or $5.8 million per season.

“We are ecstatic to be able to add a player the caliber of Rasheed Wallace to our team,” said Celtics President of Basketball Operations, Danny Ainge in a team statement.  “It is not every day that you can add a four-time All-Star and a player with championship experience.”

Update: The Boston Globe [2] has reported Wallace signed a three-year contract with a third-year player option.

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[1] reported: http://greenstreet.weei.com/sports/boston/basketball/celtics/2009/07/05/wallace-to-sign-two-year-deal-with-celtics/

[2] Boston Globe: http://www.boston.com/sports/basketball/celtics/extras/celtics_blog/2009/07/wallace_gets_th.html

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