The Charlotte Bobcats and free-agent forward Gerald Wallace have agreed to a contract, the Observer has learned.
A source close to the negotiations said Wallace will sign a six-year deal worth $57 million. The sixth year of the contract will be Wallace's option. He also can earn bonuses worth as much as $2 million each season.
Wallace's contract with the Bobcats, who obtained him in the NBA's expansion draft in 2003, expired at the end of last season, and he briefly became a free agent.
