TUESDAY, 10:50am: Budinger has undergone surgery on his left knee and will miss the next three months, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter). Wojnarowski adds in a second tweet that Budinger had the entire meniscus in his knee repaired and that the procedure isn't expect to have lingering effects once he recovers.
SUNDAY, 7:54pm: Minnesota Timberwolves forward Chase Budinger will undergo surgery to repair a torn lateral meniscus in his left knee, the team announced via press release (link from the Minneapolis Star Tribune). Budinger injured his knee during Saturday's game against the Bulls. It is unclear how long he is expected to be out, but a timetable will be determined after his surgery.
Between Budinger, Ricky Rubio, Kevin Love, and Brandon Roy, the Wolves are dealing with a rash of injuries to key players. Earlier Sunday, it was reported that the team was considering making offers to free-agent wings Josh Howard and Mickael Pietrus. This latest injury would seem to make it more likely that they turn to one of those players or another for short-term help.
Budinger had been averaging 11.8 PPG and 3.7 RPG in 23.5 MPG this season, his first in Minnesota.