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C's Offering Sheed 2 Years (Full MLE)

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Mark Murphy reports:

A league source confirmed this morning that the Celtics were trying to set up a meeting with Rasheed Wallace later today. The sit-down was said to be part of a series of meetings being set up with all of the teams interested in signing the free agent power forward/center. San Antonio and Cleveland — which introduced Shaquille O’Neal as its latest addition today — were also supposed to meet with Wallace today.

According to the source, the Celtics are willing to offer the full $5.8 million mid-level exception, but were only planning on offering the 35-year-old a two-year contract.

Wallace’s friend, Kevin Garnett, has been part of the recruiting effort, but he is not expected to be part of today’s meeting.

Update:

The Globe is reporting that an offer has been made.

An NBA source said that the Celtics offered Pistons free agent F/C Rasheed Wallace a contract using the mid-level exception today during a three-hour meeting in Detroit.

Update 2: Murphy tells us

Though Wallace is fielding these pitches relatively early in the free agency process, teams have been warned that he may take some time before making a decision.