Gerald Wallace to Decide on Player Option by Wednesday Night

Has Gerald Wallace played his last game for the Nets?

Looking at mock drafts and draft boards around the web, it is clear that the NBA draft class of 2012 runs deep in talent.  It is also clear that a pick late in the lottery is still a very valuable commodity, considering that guys like Austin Rivers and Meyers Leonard may still be available around the 12th pick.

So, who will the Brooklyn Nets be selecting with the 6th overall pick awarded to them by the Draft Lottery? Nobody.  The Nets put themselves in danger of missing out on this lottery due to the Gerald Wallace trade (in which they traded their lottery pick for the former All-Star forward), as they only would have kept the pick had it fallen in the top 3 during the lottery.

Instead they lost the pick to Portland, and now they might lose Wallace too.  Gerald Wallace has until tonight to decline his player option (for 9.5 million) and become an unrestricted free agent, which would mean the Nets gave up a spot in the lottery for absolutely nothing except cap space (a luxury the Nets have far too much of at the moment with only three players guaranteed to come back next season).

Billy King must be praying for his big trade deadline acquisition to return to the team, but it seems unlikely that Gerald would get rid of his leverage and sign with a clearly rebuilding franchise.  It would be kind of Wallace to appreciate the faith the Nets put in him and re-sign, but it would be very hard for him to validate doing such a thing.  We’ll see what happens, but the way the Nets luck has been recently, Gerald Wallace may be on a different team at the start of next season.

 

Topics: Free Agency, Gerald Wallace, NBA Draft Lottery, Portland Trail Blazers

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  • FromRussiaWDunk

    If Wallace doesn’t resign by midnight tonight, it means that he is opting out. I will be very surprised if he resigns because this takes away all of his power. Even if he wants to come back to the Nets, he should not sign this contract extension because if he does, then the Nets can trade him at any time. Orlando has expressed interest in Wallace, so I would expect him to be a major piece in a Dwight Howard trade if he does sign the extension. If he signs with the Nets as a free agent in the offseason, he can’t be traded until the season has begun. 

  • raphaelastrow

    Billy King has to be feeling the heat right now.