Thursday , Jul , 19 , 2007 C.Y. Ellis

Wallace, Bobcats agree to deal

Charlotte, NC (Sports Network) – The Charlotte Bobcats officially re-signed
forward Gerald Wallace on Thursday.

According to the Charlotte Observer, the deal spans six years and is worth
$57 million. The sixth year of the deal is Wallace’s option and he can make
up to $2 million annually in bonuses.

“Re-signing Gerald was our top priority this offseason,” executive vice
president of basketball operations Bernie Bickerstaff said. “He has been with
us since our inception, and his commitment to effort and willingness to lay it
on the line night in and night out embodies what this team and organization
are all about.”

The 6-foot-7 Alabama product led the Bobcats in scoring this past season
with an average of 18.1 points per game and was second in rebounding at 7.2
boards. He has spent the past three seasons with Charlotte, joining the
club in the 2004 expansion draft.

After three years as a role player in Sacramento, Wallace’s scoring average
has increased in each of his three years with the Bobcats. In six NBA seasons
overall, he has averaged 10.1 points.

“Gerald is a true difference-maker with his ability to play both ends of the
floor with the same energy and desire,” said Bobcats general manager Rod
Higgins. “When you look around the league, there are very few guys who have
that type of talent.”