Wallace, a fourth-round draft choice by Seattle in 2003, did not play until 2005. He was the Seahawks' emergency quarterback in 2003 and '04 but did not play either season.
Wallace played quarterback in 47 games for the Seahawks with 14 starts. He has thrown 25 career touchdown passes and 14 interceptions. His busiest season was 2008 when he started eight games in place of injured Matt Hasselbeck. Wallace completed 141 of 242 passes that season for 1,532 yards, 11 touchdowns and three interceptions. He was 3-5 as a starter; the Seahawks were 4-12 that year. Over his career Wallace is 5-7 as a starter. He has completed 33 of 4556 passes for 3,547 yards.
Though he was no longer the Seahawks' general manager by 2003, Holmgren knew of Wallace before the Seahawks drafted him.
"I'm coming in with a lot of confidence and trying to come in and spark the team a little bit," Wallace told radio station 950 KJR in Seattle. "It's time to kind of start fresh.
"The sky's the limit. As long as I take advantage of every opportunity I get there in Cleveland, we'll see what happens from there. But I'm really excited about being back with Mike and (working with Coach Eric) Mangini. The future is bright for us in Cleveland."
Wallace could be used the way the Steelers once used Kordell Stewart, but Wallace has only four career catches, one for a touchdown, and 54 carries for 214 yards and a touchdown.