Report: Wallace to sign with Celtics

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According to a report on the Celtics Blog on Boston.com, Rasheed Wallace has committed to sign with the Celtics on July 8 for a two-year deal for the mid-level exception.

Celtics All-Star trio of Kevin Garnett, Ray Allen and Paul Pierce, owner Wyc Grousbeck, coach Doc Rivers and president Danny Ainge met with Wallace last week. Wallace turned down overtures from Orlando and San Antonio to commit to Boston.

With Wallace no longer an option, it’s back to the drawing board. The Spurs will likely looking at signing one of the remaining free agent bigs including Antonio McDyess, Brandon Bass and Zaza Pachulia.