Found July 10, 2013 on
Fox Sports North:
MINNEAPOLIS -- Luke Ridnour is headed back to Milwaukee, Corey Brewer returning to the Twin Cities, and the Timberwolves now should be able to welcome Kevin Martin into the fold.
According to multiple media reports, Brewer and Minnesota have agreed upon a three-year, 15 million deal. In order to clear the necessary cap space, the Timberwolves plan to send Luke Ridnour to Milwaukee and execute a sign-and-trade deal that brings Martin to Minnesota from Oklahoma City.
ESPN's Marc Stein first reported the scenario that moves Ridnour, and the Minneapolis Star-Tribune later confirmed it. Milwaukee inherits Ridnour's 4.3 million salary for next year, while Minnesota won't incur any salaries in exchange for him.
The Thunder, meanwhile, will receive a 7 million trade exception as part of their agreement to sign and trade Martin, the Star-Tribune report says.
Martin and the Timberwolves agreed last week to a four-year, 28 million contract and were scheduled to hold a press conference announcing his signing Wednesday morning. But the nine-year veteran shooting guard agreed to delay his introduction while the Minnesota front office tried to fill its final offseason need: a wing that can play defense.
That turned out to be Brewer, who spent the first 3 12 seasons of his career in Minneapolis before being traded away. He spent the past two years in Denver providing a solid two-way spark off the bench.
In 2012-13, Brewer averaged 12.1 points per game -- his best scoring output since leaving the Timberwolves.
The trickle-down effect from his return creates another reunion, this one in Milwaukee.
A free-agent signee by Minnesota in 2010, Ridnour spent the 2008-09 and 2009-10 seasons with the Bucks. In each of his three seasons with the Timberwolves, Ridnour averaged more than 11 points and at least 3.8 assists per game.
Ridnour is a coach Rick Adelman favorite and a tough veteran to say goodbye to, but Minnesota now can use the money it would've owed him next year on Brewer. The franchise apparently felt comfortable with its scoring arsenal after agreeing to terms with Budinger and Martin and drafting small forward Shabazz Muhammad, but those transactions put a premium on the perimeter defense Brewer's hoped to provide.
Once the Timberwolves lock up Martin and Brewer, they'll be allowed to exceed the league's 58.7 million cap to sign Budinger and restricted free agent Nikola Pekovic. Minnesota has Larry Bird rights, which allows a team to exceed the salary cap to certian players, to both.
BEST OF MAXIM
AROUND THE WEB
MINNEAPOLIS -- Directing traffic and slicing through frontcourt double teams inside the Target Center Lifetime Fitness center Wednesday afternoon, Alexey Shved gave off every impression of a seasoned NBA veteran.
Relative to most of his current workout buddies, the Timberwolves guard fits that description.
But it was just four months ago that an overused Shved trudged wearily out...
MINNEAPOLIS -- Andrei Kirilenko won't leave the Twin Cities many signature moments to remember him by, but that isn't because the veteran small forward didn't make a difference during his one season with the Minnesota Timberwolves.
The man nicknamed after a gun just operates more like an M-16 than a bazooka.
The guy they call AK-47 takes a knack for steady, persistent...
MINNEAPOLIS -- The NBA's salary cap for the 2013-14 season is now set, and the Minnesota Timberwolves are sitting fairly pretty as free agency officially opens.
The league Tuesday night set the cap at 58.678 million and announced a luxury tax level of 71.748 million. The league-wide July Moratorium ends at 11:01 p.m., when draft picks and free agents are allowed to sign contracts...
The Milwaukee Bucks continue to bring back familiar faces, as they have acquired veteran point guard Luke Ridnour from the Minnesota Timberwolves as part of a three-team trade.
Along with Ridnour, the Bucks received a 2014 second-round pick from the Timberwolves and cash considerations from the Oklahoma City Thunder. The Bucks send the draft rights to 2003 second-round pick Szymon...
AK-47 must have really wanted to get out of Minnesota.
After opting out of a $10 million salary with Minnesota, Kirilenko will get the Nets mini-mid level of $3.1 million, per source.
— Chris Mannix (@ChrisMannixSI) July 11, 2013
The Nets have been busy this offseason, and they’ve added one more name to the list of new talent – Andrei Kirilenko.
Brooklyn reached a deal with the former Timberwolves forward on a two-year, mini-mid-level exception, according to The New York Post. Kirilenko will now make $3.18 million next season, a surprising pay cut seeing as he opted out of the final year of his contract...
Andrei Kirilenko didn't land a lucrative, long-term deal, but he will join a franchise with zero fear of taking on an extreme financial burden.
According to Kirilenko's agent, Marc Fleisher, the Minnesota Timberwolves small forward of exactly one season will sign with the spendthrift Brooklyn Nets. The 11-year pro opted out of the second year of his contract in Minneapolis...
The second best center on the free agent market appears to have finally locked up a new deal as the restricted free agent Nikola Pekovic is reportedly nearing an agreement with the Minnesota Timberwolves. Yahoo Sports' Adrian Wojnarowski writes that Pekovic and the Timberwolves are "getting closer" on a four year deal in the $50 million range.
It is a little weird...
According to Yahoo! Sports, talks between the San Antonio Spurs and free agent Andrei Kirilenko have ended.
The San Antonio Spurs' exploration of acquiring free-agent forward Andrei Kirilenko in a sign-and-trade agreement with the Minnesota Timberwolves has passed without completion, league sources told Yahoo! Sports.
The Spurs seriously considered a multiyear...
The Milwaukee Bucks have acquired Luke Ridnour as part of a three-team deal involving the Minnesota Timberwolves and Oklahoma City Thunder.
The Bucks also received a 2014 second round draft pick from Minnesota (via the Los Angeles Lakers) and cash considerations from Oklahoma City as part of the trade, while the Thunder signed Kevin Martin to a contract and traded him to the Timberwolves...
The Minnesota Timberwolves and veteran power forward Ronny Turiaf have agreed to a two-year, $3.2 million contract.
Turiaf's agent, Mark Bartelstein, confirmed the deal in a phone interview on Thursday night. Bartelstein said Turiaf was encouraged by the direction of the franchise under new boss Flip Saunders and excited by the style of play used by coach Rick Adelman.
The Brooklyn Nets have agreed to sign Andrei Kirilenko for the mini mid-level on a two-year deal starting at $3.18 million Kirilenko will have a player option in the second season.
Kirilenko spent last season with the Minnesota Timberwolves and opted out of his $10.2 million contract for the 13-14 season.
The San Antonio Spurs tried to acquire Kirilenko via sign-and-trade.
MINNEAPOLIS -- It took a bit more time and maneuvering than expected, but the Kevin Martin-Rick Adelman reunion in Minnesota is now official.
The Timberwolves announced Thursday night they've acquired Martin, a former player of Adelman's on two separate occasions, from Oklahoma City in a three-team, sign-and-trade deal that sends point guard Luke Ridnour and a 2014 second...