Before everyone castigates Chris Wallace, remember that this deal saves Memphis around 15 million dollars, and he has been under orders from Micahel Heisley, the owner, to reduce payroll in preparation for the sale of the team.
Wallace was also able to unload Brian Cardinal and the remainder of his terrible contract, which is a coup because Cardinal is probably too injured to play. He took back Jaric, who stinks, but at least Jaric is healthy and has a gorgeous finace who will provide eye candy for the Memphis fans.