Rasheed Wallace retires

Rasheed Wallace has retired from the NBA
Rasheed Wallace retired from the NBA today, according to NBA.com and Sports Illustrated’s Chris Mannix.
Chris Mannix tweeted a few minutes ago,”Rasheed Wallace has retired.”
This tweet was followed shortly by another tweet:
NBA.com first to report Wallace’s retirement. No surprise, Doc Rivers hinted as much after Finals.
Rasheed Wallace just finished his first season of a three year contract at the mid-level exception with the Boston Celtics. With his retirement, Wallace will have his contract voided and the Celtics will save about $13 million.
Shortly after the NBA Finals, Celtics coach Doc River told media that Wallace was seriously considering retirement. Wallace averaged 9 ppg and 4.1 rpg this season for the Boston Celtics. The Celtics reached the NBA Finals, but fell in seven games to the Los Angeles Lakers.
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I read that Rasheed may be able to keep some of that money. The Celtics can only use what he doesn’t get. Is that true?
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The entire salary will come off the salary cap if Rasheed officially retires. He has yet to do so, according to his agent.
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