According to ESPN's Jared Zwerling, Rasheed Wallace is all but officially announced as a New York Knick. Ideally, he'd play some minutes behind Tyson Chandler and lead the team in technical fouls. Wallace was last seen in the NBA yelling at referees after the 2010 NBA Finals.

This offseason, the Knicks decided to target players 35 and older, acquiring Jason Kidd, Pablo Prigioni, Marcus Camby, Kurt Thomas and now Wallace. So, the money Glen Grunwald saved by letting Jeremy Lin go has turned into five players closer to 40 than 30. He better hope Prigsanity is marketable.