Gerald Wallace has a player option worth $9.5 million for the 12-13 season, but he suggested that he plans to opt out to sign a four or five-year deal.

Wallace said the idea of playing in Brooklyn is appealing.

“It does,” Wallace said. “I was a part of Charlotte [Bobcats] when they first got started. Just the buzz and the atmosphere from the community around that was amazing. Brooklyn has never had a team. I can just imagine how excited and all of the buzz that's going to be around that situation."

The Nets acquired Wallace in exchange for their 2012 first round pick (top-3 protected), along with Mehmet Okur and Shawne Williams.