Education
Wallace graduated from Oklahoma City High School in 1916, where he played football and basketball.
Wallace graduated from Oklahoma City High School in 1916, where he played football and basketball.
He then played football at the center position for the Iowa State Cyclones football team His athletic career was interrupted by military service during World War I. He returned to Iowa State after the war and was selected by Walter Eckersall as a first-team player on the 1920 College Football All-America Team. Wallace later became the wrestling coach at the University of Oklahoma.
In his later years, he lived in Great Falls, Montana, where he owned a lumber yard.
He died in 1971 and was posthumously inducted into the Iowa State Hall of Fame in 2000.