FRIDAY, 10:29am: Howard has officially signed with the T-Wolves and is expected to be in uniform tonight vs. the Warriors, according to the team's PR Twitter account.
THURSDAY, 9:25am: The Timberwolves have reached an agreement with Josh Howard on a one-year deal, reports ESPN.com's Chris Broussard (via Twitter). According to Broussard, the contract will be worth the minimum salary.
Having suffered a rash of early-season injuries, the T-Wolves had been eyeing reinforcements, particularly at the wing, where the team will be without Chase Budinger for three months. Mickael Pietrus and Raja Bell were among the other possible options, though as I suggested earlier this week, Howard made the most sense, since Pietrus wanted more than the veteran's minimum and Bell's contract made him an undesirable trade target. As Darren Wolfson of 1500 ESPN Twin Cities tweets, it was always a matter of getting a player to accept the minimum, which is all Minnesota could offer.
Howard, 32, isn't the player he once was, but could be a useful piece for the Timberwolves as a bench player. In 43 games for the Jazz in 2011/12, the Wake Forest product averaged 8.7 PPG and 3.7 RPG in 23.0 minutes per contest.
With a full 15-man roster, the Wolves will have to make a corresponding roster move to clear a spot for Howard. Will Conroy is the most likely candidate to be cut, as he's the only Minnesota player without a fully guaranteed contract.