At the time of his graduation, Wallace was the only Rocket to have thrown five touchdowns in a game, achieving the feat twice.
[8] He joined the Tarpons in 2012 and completed 157 passes on 272 attempts for 2,091 yards and 63 touchdowns, leading the team to a conference title and Ultimate Bowl II.
[9][10] In 2013, Wallace lead the Tarpons to an Ultimate Bowl III victory over the Corpus Christi Fury.
In March, 2014, Wallace came back to playing football when he signed with the Marion Blue Racers.
In June, 2013, Wallace was named the first head coach of the expansion Columbus Beast of the Xtreme Indoor Football League,[13] but when the Beast owner moved his other franchise (the Marion Blue Racers) to the Continental Indoor Football League, it was announced that Wallace was to be the Head Coach for the Blue Racers.