Reports: Blazers acquire Gerald Wallace for Przybilla, Cunningham and picks

Multiple media outlets are reporting that the Blazers have acquired Gerald Wallace from the Charlotte Bobcats in exchange for Joel Przybilla, Dante Cunningham and two first-round draft picks.

Wallace, a 10-year veteran, is averaging 15.6 points per game this season, and last year, was an All Star and member of the All Defensive first team. The 28-year-old forward’s contract will net him $10.5 million this year through the 2012-2013 season, although it has a player option in the final year.

Przybilla, a 12th-year veteran who’s been with the Blazers for seven years, and whose contract is $7.4 million expires after this season, is averaging 1.8 points and 3.9 rebounds this season after coming returning from a ruptured patellar tendon in his right knee. The 7-footer has been alternating with Cunningham as the Blazers starting center while the team awaits Marcus Camby’s return.

Cunningham, a second year player whose $760,000 contract is up this year, is averaging 5.1 points per game this season.

The Blazers will hold a press conference at 4 p.m.