Gerald Wallace has reportedly agreed to a four-year deal worth $40 million with the Brooklyn Nets, according to Fred Kerber of the New York Post. ESPN's Marc Stein reportedly early Sunday that a deal between the small forward and team was on track. The Nets traded their first-round pick (which ended up being Damian Lillard) to the Portland Trail Blazers for Wallace at the deadline. Crash opted out of the final year of his contract, and will now get paid more, assuming the report is accurate.

The Nets have any number of other irons in the fire, including reported talks involving Joe Johnson, Luis Scola and O.J. Mayo. Dwight Howard has also renewed his request to be traded to Brooklyn.

Brooklyn is also waiting on a decision from free agent point guard Deron Williams, who will reportedly decide between the Nets and the Dallas Mavericks in the coming days.

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