Posted July 02, 2013 on
AP on Fox
The Minnesota Timberwolves have agreed to terms on a three-year, $16 million deal with free agent swingman Chase Budinger.
A person with knowledge of the deal told The Associated Press that the two sides came to agreement on Tuesday. The deal includes a player option for the final year. The person requested anonymity because an official announcement has not been made.
Budinger averaged 9.4 points and shot 32 percent from 3-point range in 23 games last season. He missed much of the season with a knee injury, but Timberwolves coach Rick Adelman and new President Flip Saunders made getting Budinger back to Minnesota one of the team's top priorities.
Yahoo! Sports first reported the agreement, which cannot be officially signed until July 10.
BEST OF MAXIM
The Minnesota Timberwolves entered unrestricted free agency with two priorities at the top of their list -- add a shooting guard with range and bringing back Chase Budinger.
Within the matter of a couple of hours on Tuesday, new team president Flip Saunders accomplished both of those goals.
The Timberwolves agreed to a four-year, $30 million deal with shooting guard Kevin Martin...
Chase Budinger will reportedly re-sign with the Minnesota Timberwolves on a 3-year deal valued at $16 million.
Budinger appeared in only 23 games and averaged 9.4 points and 3.1 rebounds for the TWolves in 2012-13 after having surgery to repair a torn meniscus in his left knee last November.
According to Adrian Wojnarowski of Yahoo! Sports:
Free-agent forward Chase Budinger has reached...
The Minnesota Timberwolves have four-year offers on the table to both J.J. Redick and Chase Budinger.
The Wolves prefer to sign Redick, but are committed to signing one of the two players.
Minnesota is looking for a floor-spreading wing.
By all knowledgeable accounts, Rick Adelman continues to lie low this summer, leaving the Timberwolves' free-agent footwork to president of basketball operations Flip Saunders, director of basketball administration Rob Babcock and the rest of the Minnesota front office.
Yet, without uttering a word, he's already had a rotund influence upon a pair of top targets.
Two down. More to go.
The same evening the Minnesota Timberwolves came to terms with one of their top in-house free-agent priorities, they reached a deal to fill their greatest positional void.
According to multiple media reports, former Oklahoma City shooting guard and unrestricted free agent Kevin Martin has agreed to a four-year, 28 million contract with the Timberwolves. The...
MINNEAPOLIS -- If the next 10 days are anything like Thursday, the Twin Cities are in for a week-and-a-half of hoops hysteria.
After a zany NBA Draft that left plenty of holes remaining on the roster, Minnesota Timberwolves president of basketball operations Flip Saunders would be just fine with a more according-to-plan free agency negotiation period, which began at 11:01 p.m. Sunday...
When Andrei Kirilenko opted out of his contract, improving their wing depth became a pressing off-season need for the Minnesota Timberwolves. The T-Wolves hope to have filled that void by signing free agent shooting guard Kevin Martin and bringing back Chase Budinger. While the moves look good on paper, is it enough to help Minnesota leap into the Western Conference playoff picture...
According to a report courtesy Adrian Wojnarowski of Yahoo! Sports, the Minnesota Timberwolves have made another acquisition via free agency.
Free agent Kevin Martin has reached agreement on a four year, $28 million deal with Minnesota, league source tells Y! Sports.
— Adrian Wojnarowski (@WojYahooNBA) July 2, 2013
The Minnesota Timberwolves and Chase Budinger have agreed upon a three-year, $16 million contract.
The Wolves were also pursuing J.J. Redick.
Budinger was acquired via trade from the Houston Rockets last offseason.
Currently, Minnesota Timberwolves point guard Ricky Rubio is overseas in Beijing, China for the Adidas “Crazy Fast Tour” and Ricky got the chance to hang out with Yao Ming.
Check out the photo that Rubio took with Yao and still proves the old adage that everyone looks small next to Yao Ming:
It’s time to pick up the phone EG! Now that the Washington Wizards have made their splash in free agency with the signing of Eric Maynor and the re-signing of Martell Webster and Garrett Temple, Ernie Grunfeld and company should focus their attention to the trade market. The roster is set at the 1-3 positions, but John Wall never got that “stretch 4″ that he coveted. While...