Dec 6, 2012; Miami FL, USA; New York Knicks forward Rasheed Wallace (36) during the second half against the Miami Heat at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports

Rasheed Wallace played well in his 21 games for the New York Knicks this season, but after playing just four minutes in his return to the floor, he has decided to retire from the NBA.

The Knicks now have an open spot on their roster. They have until Wednesday’s meeting with the Atlanta Hawks to finalize their roster for the postseason.

Wallace has decided to call it quits after 15 season. He was drafted fourth overall in 1995, was a four-time NBA All-Star, represented six teams (Washington Bullets, Portland Trail Blazers, Atlanta Hawks, Detroit Pistons, Boston Celtics, New York Knicks) and won the championship in 2004 with the Pistons.

Goodbye ‘Sheed!

Ball don’t lie

November 20, 2012; New Orleans, LA, USA; New York Knicks center Rasheed Wallace during a game against the New Orleans Hornets at the New Orleans Arena. The Knicks defeated the Hornets 102-80. Mandatory Credit: Derick E. Hingle-USA TODAY Sports

According to multiple sources around the league, the New York Knicks will have to manage without Rasheed Wallace for the rest of the regular season.

After a very good start to the season, Wallace picked up a foot injury, which has kept him out of action since early December. He will now require surgery which will keep him out for at least eight weeks.

The 38-year-old power forward came out of retirement to join the Knicks and was a solid presence off the bench, averaging 7.2 points and 4.2 rebounds per game.

@VytisLasaitis