I know, we are likely stuck with him at least for next season, but is there any possible trading partner out there?
Possibly exchanging contracts with a player who has 1 less year?
Gerald Wallace for Andre Bargnani?
The Raptors have basically begged the whole league to take Bargnani off their hands, but even they would say no to that deal. That's how bad Wallace's contract is.
We'd probably have to trade at least two 1st rounders along with Wallace to another rebuilding team if we're going to unload him, and that would be counterproductive.
We're stuck with Wallace unless we waive him. Apparently he has a stretch provision, which means for his remaining $30M, we pay him over a span of 7 years rather than approximately $10M over 3. By my math, $30M over 7 years equates to $4.28M per year, which means that we'd save about $5.72M each year towards the cap space. But keep in mind that in the last 4 years of those 7 years, we'd be paying an extra $5.72M each year.
In the end, it comes down to that. Is it worth waiving him? We surely can't trade him, unless Ainge pulls out something crazy once again. And I can't count that out; trading is by far Ainge's greatest strength as a GM.