Basketball: Rasheed Wallace to re-sign?

While Antonio McDyess has already agreed to a contract worth $23 million, the Detroit Pistons are also set to announce they have re-signed forward Rasheed Wallace, according to a report in the Detroit Free Press.

The newspaper, citing an unnamed person close to the situation, said Wallace's new deal is for five or six seasons and will pay him $10 million the first season and a 12.5 percent raise for each season thereafter. That makes the total value of the contract worth $48 to $64 million.