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  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  has reported Wallace signed a three-year contract with a third-year player option.