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Report: Rasheed Wallace to sign with Lakers

Four-time NBA all-star Raheed Wallace will sign with the Los Angeles Lakers, according to Wallace last played in the league in 2010 with the Boston Celtics.

Wallace has reportedly been engaged in a new exercise regimen that has him in the best shape of his life.

"His days as a starter in this league are gone," a source told "I think he knows that, and so do the Lakers. But think about it. Of the big men that are available, is there one that's really better? And if he's gotten himself in shape, adding him becomes a huge get for them."