OAKLAND (CBS SF) – The Golden State Warriors have reportedly struck a deal to move one of their highest paid players, sending David Lee to the Boston Celtics in exchange for veteran forward Gerald Wallace.

NBA.com reported the news via tweet and text alert.

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Lee was once one of the most recognizable players on the team, but was relegated to a bench role with the emergence of Draymond Green during last season’s run to the NBA Title. Lee is one of the highest paid players on the roster, and trade rumors began swirling almost immediately after the season ended indicating they wanted to move his contract.

Lee took to his Instagram account to thank fans and the Warriors Organization.

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“Want to take a moment to thank the entire Bay Area for what’s been the best 5 years of my life. The journey from a 23 win team to NBA champs is one I’ll never forget. Thanks to the most loyal fans in basketball for supporting me the entire way!” he wrote.

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Wallace began his career as a 1st round pick of the Sacramento Kings in 2001 and has made six subsequent stops in the NBA, averaging 11.9 points per game over his career and reputation as a solid defender.