Found August 12, 2013 on
The Minnesota Timberwolves are working on re-signing restricted free agent Nikola Pekovic.
President of basketball operations Flip Saunders says talks are ''moving in a positive direction.'' Saunders has met with Pekovic's agent, Jeff Schwartz, and has extended an offer of four years and $48 million.
The two sides continue to have discussions that Saunders termed cordial. He says he believes both sides eventually will ''have a meeting of the minds'' and get a deal done.
Pekovic posted career highs with 16.3 points and 8.8 rebounds in 62 games last season for the Timberwolves. He is one of the best offensive centers in the game and the Timberwolves also believe he is an underrated defender.
Pekovic recently pulled out of the European championships because he has not signed a contract.
BEST OF MAXIM
Timberwolves center Nikola Pekovic didn’t get the $15 million per season he was seeking, but the bruising double double machine did just get paid.
Marc Stein is reporting that Pekovic and Minnesota Timberwolves have agreed to a five-year $60 million deal.
This just in: I'm told Nikola Pekovic and Wolves have agreed to five-year deal worth $60 million
— Marc Stein (@ESPNSteinLine...
MINNEAPOLIS -- Turns out the waiting game paid off for Nikola Pekovic.
Timberwolves president of basketball operations Flip Saunders tweeted Wednesday the team has agreed to terms with the restricted free-agent center, following about six weeks of back-and-forth with the Montenegrin center and his camp.
Multiple media outlets report the deal is worth 60 million over a maximum five...
Timberwolves management has reportedly threatened Shabazz Muhammad with a stint in the D-League after the rookie was caught with a female companion in his room at training camp.
Flip Saunders has continued to state his confidence in the Minnesota Timberwolves' ability to re-sign Nikola Pekovic -- now positive a deal should be done before training camp.
“We’re moving in a positive direction,” Saunders said. “I still believe he wants to be here. I believe we are the best situation for him. He has had some success here. Success is not guaranteed...
Tweet Wednesday, restricted free agent Nikola Pekovic agreed to terms with the Minnesota Timberwolves on a five-year, $60 million contract extension, per a report from ESPN’s Marc Stein. Stein also reports that Pekovic’s contract has no player or team option and includes an additional $8 million in performance incentives. The Timberwolves offered Pekovic a four-year […]
The Wolves today finally reached agreement with restricted free agent center Nikola Pekovic on a new contract.
It is according to a source with knowledge of the negotiations a five-year $60 million contract that also includes as much as $8 million more in bonus incentives.
The Wolves got Pekovic at their price -- no more than $12 million a year -- but gave a fifth guaranteed year...
Minnesota Timberwolves president of basketball operations Flip Saunders has asked and received permission to speak with Milt Newton the Washington Wizards’ vice president of player personnel about a possible front office position.
Saunders returned to Minnesota in May and has long been rumored to have interest in Newton as a candidate for general manager. They worked together...
MINNEAPOLIS -- Somewhere among the arduous courtship of Nikola Pekovic, the continued tweaking of the Minnesota Timberwolves' on- and off-court personnel, and his ongoing transition into the NBA front-office universe, Flip Saunders found some time to celebrate his daughter's wedding.
Then, he got a phone call.
Less than two months after defending Shabazz Muhammad in spite...
Flip Saunders wants people to know he’s not sending out empty threats. Actually Saunders isn’t threatening anyone at all.
After being sent home from the NBA’s Rookie Transition Program, Timberwolves GM Flip Saunders made it clear that Shabazz Muhammad might have to do a stint in the D-League if he doesn’t shape up.
Saunders clarified his remarks via The Star Tribune...
Milt Newton formally interviewed for the general manager position with the Minnesota Timberwolves this week.
Newton has been in the front office of the Washington Wizards for nearly a decade.
Flip Saunders worked with Newton when he was head coach of the Wizards.
Flip Saunders says the Minnesota Timberwolves went hard after Kevin Martin in free agency because they were looking for a shooting guard who could give them 17-18 points a game.
Martin says he can do that in his sleep.
Martin met with the media Monday, nearly a month after a sign-and-trade deal with Oklahoma City reunited him with coach Rick Adelman. Martin played for Adelman in...
MINNEAPOLIS -- If he needed any confirmation regarding his decision to migrate to the Twin Cities, Kevin Martin received it immediately after signing his new contract.
Once Martin's four-year, 30 million, sign-and-trade deal became official July 11, often-gruff coach Rick Adelman gave the shooting guard he'd coached twice before an unconventional embrace.