Gerald Wallace traded to Blazers

Updated: February 24, 2011, 10:44 PM ET
Associated Press

CHARLOTTE, N.C. -- The Charlotte Bobcats traded the face of their young franchise, Gerald Wallace, to the Portland Trail Blazers on Thursday for a package that includes two first-round picks as owner Michael Jordan cuts payroll and eyes the future.

In a deal completed seven minutes before the trade deadline, the Bobcats agreed to part ways with the last original member of the 7-year-old franchise. The Bobcats acquired a conditional 2011 first-round pick Portland obtained from New Orleans ...

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