ESPN New York reports:

Veteran forward Rasheed Wallace has retired from pro basketball for the second time, the New York Knicks announced Wednesday.

Wallace played in 21 games this season with the Knicks but had missed most of the season with a stress fracture in his right foot.
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A first-round draft pick in 1995, Wallace played 15 seasons in the NBA and won a title with the Detroit Pistons in 2004. He retired in 2010 after one season with the Celtics in which the team lost to the Lakers in the Finals. Wallace came out of retirement to sign with the Knicks in October.

He finishes his career with averages of 14.4 points and 6.7 rebounds per game. The four-time All-Star has been known as a volatile player and finishes as the all-time leader in technical fouls with 304.

About a million things could be written about Sheed, but none of them would be as interesting, engaging, or fun as Sheed himself. (E.g., this Grantland profile.) Instead, let’s just say that Sheed played hard, most of the time, and Sheed don’t lie, all of the time.