It appears that Gerald Wallace is headed to the Portland Trail Blazers, but the deal is not done yet and it remains unclear who the Charlotte Bobcats are receiving in return. One report indicated that the trade is centered around Joel Przybilla and his expiring contract, but another report by CBS Sports' Ken Berger indicates the package is centered around point guard Andre Miller instead.
Package for Wallace believed to be centered around Andre Miller. Marcus Camby was discussed, but he might retire rather than report to Char.
In either example, more players will need to be added to the trade package to match Wallace' salary.
Miller averages 13.2 points and 7.4 assists as the Blazers' starting point guard, but has been a bad fit since signing a three-year, $21 million contract in 2009. He technically has one year remaining on that contract, but it is fully unguaranteed if he is waived before June 29, 2011.
Therefore, the trade is about trimming payroll for the Bobcats, regardless of which players end up coming back. Wallace has two years and $21 million remaining on his contract.