Originally posted on Fox Sports North  |  Last updated 7/15/12
MINNEAPOLIS Just hours after Martell Webster cleared waivers at 4 p.m. on Sunday, the Minnesota Timberwolves signed restricted free agent Nicolas Batum to an offer sheet. The Timberwolves would not confirm the terms of the offer sheet, but multiple reports have cited it as a four-year, 46.5 million deal. The Portland Trail Blazers received the signed offer sheet on Sunday evening, and they have until 10:59 p.m. CT on Wednesday to match Minnesota's offer, thereby claiming Batum. Although the Timberwolves were prepared to present the offer sheet on Friday after they'd cleared sufficient salary cap space by waiving Darko Milicic and Martell Webster and trading Brad Miller, the team was forced to wait 48 hours until Webster cleared waivers. In that 48 hours, the team hoped to continue exploring options for a sign-and-trade deal to acquire Batum, Timberwolves president of basketball operations David Kahn said on Friday. The signed offer sheet proves that those negotiations failed. The Timberwolves have been pursing the small forward for more than a week, and from the onset, Portland was clear that it would match any offer the team presented to Batum. Despite that, Kahn said Friday that the team feels that it has an obligation to Batum and therefore would present the offer sheet regardless. The Trail Blazers would not comment on the offer sheet, other than that they'd received it, and they will continue to reserve comment until they reach a final decision. That process could stretch as long as Wednesday even if Portland has already made up its mind to keep Batum, as all previous reports indicate. Follow Joan Niesen on Twitter.
MORE FROM YARDBARKER:
The best pick from every NBA Draft
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Report: Rondo suspended for 'heated exchange' with coach

Zimmer returns to Vikings, should make trip to Jacksonville

Report: Johnson ‘leading contender’ to be UK ambassador

Matt Barnes accused of choking woman at nightclub

Final College Football Playoff rankings: Alabama reigns

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

WATCH: Tyler Lockett opens 2nd half with 75-yard TD

Newton benched on first play, Anderson immediately throws INT

Former commissioner Bud Selig and Braves GM John Schuerholz are headed to the Hall of Fame

WATCH: Josh Lambo has worst FG attempt of season so far

WATCH: Chiefs win game with incredible special teams play

WATCH: Jeff Fisher lost his challenge flag vs. Patriots

James Franklin, Penn State come up roses

The 10 best sports docs available for streaming

Sporting life: Gifts for real fans (that aren't ugly NFL sweaters)

Best of Yardbarker: CFB Championship Week chaos

New faces help Spurs continue unparalleled success

The Pirates prepare for rarely chartered waters in dealing Andrew McCutchen

Joakim Noah’s contract is becoming worst deal in NBA

Top 10 takeaways from Sunday’s Week 13 NFL action

Box Score 12/2: High-kicking it into the weekend

Jeff Fisher is the unkillable cockroach of NFL head coaches

Four teams to keep an eye on at the 2017 Winter Meetings

Eugene Monroe opens up about NFL’s drug policy

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

James Franklin, Penn State come up roses

Final College Football Playoff rankings: Alabama reigns

The 10 best sports docs available for streaming

Sporting life: Gifts for real fans (that aren't ugly NFL Christmas sweaters)

New faces help Spurs continue unparalleled success

The Pirates prepare for rarely chartered waters in dealing Andrew McCutchen

Everything you need to know for CFB Championship Week

Jeff Fisher is the unkillable cockroach of NFL head coaches

Four teams to keep an eye on at the 2017 Winter Meetings

Porzingis reshapes Knicks by elevating his game

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker