MINNEAPOLIS On Friday afternoon, the Minnesota Timberwolves waived small forward Martell Webster and traded veteran center Brad Miller to New Orleans.
Webster would have been owed 5.7 million next season, but only 600,000 of that sum is guaranteed. Miller, who announced his intention to retire at the end of last season but has not formally done so, is owed 5.1 million next season, with only 848,000 guaranteed.
Miller, 36, will likely still retire; the team had extended the decision on his buyout in hopes of packaging him in a deal like this one to clear salary cap space. By trading Miller, the 848,000 in guaranteed money will no longer count toward the Timberwolves' salary cap, as it would have had they simply released him. Included with Miller in the trade to New Orleans are two future second-round draft picks: Brooklyn's in 2013 and Minnesota's in 2016. The Timberwolves will receive a future conditional second-round pick.
With Friday's roster moves, the Timberwolves cleared an...