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Wallace, the all-time leading sack leader in Aggie football history with 42 sacks, played his high school football at Roosevelt High School in Dallas and was recruited by R.C. Slocum and played for head coaches Jackie Sherrill and Slocum. Wallace earned four letters in football (1986-89). The outside linebacker was a three-time All-SWC performer and earned All-America mention in 1988 and 1989. He was a Lombardi Award semifinalist in 1989 and helped the Aggies win the SWC Championship in 1986 and 1987. Wallace and his teammate and Aggie Hall of Fame member John Roper were referred to as the "Blitz Brothers" with each coming off of the ends of the formation. A key member of the "Wrecking Crew", Wallace caused six fumbles in 1987. After earning his degree in agricultural development, Wallace was drafted by the Los Angeles Raiders in the second round of the 1990 NFL draft. He recorded nine sacks in 1990 and played eight years, all with the Raiders' organization. He currently lives in DeSoto in the Dallas/Ft. Worth area.

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