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Source: Rasheed Wallace returning

Updated: September 30, 2012, 11:46 AM ET
By Ian Begley | Special to ESPNNewYork.com

Veteran forward Rasheed Wallace has informed the New York Knicks that he will come out of retirement to play for the team this season, according to a league source.

Wallace first worked out for the Knicks last Saturday and had been contemplating a return in recent days.

The 15-year veteran retired after the 2009-10 season, which he spent with the Boston Celtics.

Wallace has not yet signed a deal, according to a team source. But the Knicks expect him at training camp, ...

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