William Robert Wallace, Jr. (born June 23, 1992) is an American football quarterback for the Ole Miss Rebels.
Wallace attended Arkansas State University in 2010 and was redshirted. In 2011 he transferred to East Mississippi Community College where he set the NJCAA record for passing touchdowns and total offense. He earned the starting quarterback job and passed for 4,604 yards and 53 touchdowns. In 2012 he transferred to the University of Mississippi. On August 30 he was named the Rebels starting quarterback. On November 27 he was awarded the Conerly Trophy. On January the 5th, 2013 he was named the BBVA Compass Bowl MVP.  On December the 30th, 2013 he was named the Music City Bowl MVP.