Gerald Wallace and the Brooklyn Nets were quick to reach an agreement during the start of the free-agent negotiation period Sunday. Wallace has agreed to sign a four-year, $40 million contract which will be paid available to him on July 11 when the moratorium on NBA contracts is lifted.
Moving to secure Gerald Wallace was an important step for the Brooklyn Nets, the team hopes to secure the future of star player Deron Williams and potentially trade for Dwight Howard. By securing a strong roster for the near future the team may have some leverage in keeping Deron Williams on-board.
Williams is expected to meet with the Nets and Mavericks on Monday while Steve Nash is expected to meet with the Brooklyn Nets.
The Brooklyn Nets are also believed to be in trade talks for Joe Johnson and Luis Scola and they have also examined the possibilities of obtaining Jason Kidd, Ray Allen, Eric Gordon and Nick Young.
Some analysts believe Deron Williams wants to return home to Dallas with the opportunity to play for Dirk Nowitzki, however the Nets can offer him nearly $25 million more to stay over a five-year contract period.
Dwight Howard has reportedly asked for a trade to the Brooklyn Nets, although how that trade will come about is not yet known, it is believed the Nets would offer center Brook Lopez in a sign-and-trade deal. In the meantime the Lakers could give up Andrew Bynum to the magic which could complicate the Brooklyn Nets transaction.
In the meantime it looks as if Gerald Wallace received a nice little deal simply so the Nets can continue to deal with a high-stress free agent situation.