1:31pm: The Nets believe that Garnett will OK the deal, a source tells TNT’s David Aldridge (Twitter link).
12:35pm: Belief is growing that Garnett will waive his no-trade clause, but he hasn’t decided yet, as Wojnarowski hears (Twitter link).
10:23am: The Wolves have “cautious optimism” that Garnett will waive his no-trade clause, as Marc Stein of ESPN.com hears (Twitter link).
9:40am: Garnett found out about Minnesota’s interest in a reunion weeks ago, but he wasn’t on board with the idea initially, tweets Chris Broussard of ESPN.com.
8:35am: Timberwolves brass and Garnett will speak today about the trade possibility, as Bontemps hears (Twitter link). Meanwhile, a source insists to Kennedy that the Nets are quite enamored with Young (Twitter link).
8:27am: Garnett still won’t do a buyout in spite of strong interest from the Clippers and coach/executive Doc Rivers, sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link). Still, Garnett is considering “the one trade scenario,” Wojnarowski says, presumably a reference to the Wolves idea. The Nets and Wolves have had a ton of talks about Young, according to Alex Kennedy of Basketball Insiders (on Twitter). Young almost wound up with the Mavericks, and a deal that was in the works fell apart when Dallas wound up with Amar’e Stoudemire, Kennedy tweets.
8:06am: The fate of any deal is largely up to Garnett to decide at this point, Stein tweets.
THURSDAY, 7:52am: The talks are “exploratory,” a source told Jon Krawczynski of The Associated Press, though Stein, in the most recent update of his story, notes that sources deemed the discussions “serious.” The Wolves are still debating the merits of relinquishing Young, who’s in his prime and has played better of late, for Garnett, a 20th-year vet, the AP scribe adds. Most people around the league don’t think KG would be willing to waive his no-trade clause, writes Tim Bontemps of the New York Post, and that’s the sense in Brooklyn, too, tweets Chris Mannix of SI.com. It’s unclear if the former Wolves star is prepared to put aside any lingering resentment toward owner Glen Taylor about the way they parted in 2007, as Jerry Zgoda of the Star Tribune indicates.
11:56pm: Garnett has been said to be unwilling to waive his no-trade clause as recently as the last few days, Darren Wolfson of 1500 ESPN Twin Cities tweets.
WEDNESDAY, 10:52pm: The Timberwolves and Nets are in talks regarding a trade that would return Kevin Garnett to Minnesota in exchange for Thaddeus Young, Marc Stein of ESPN.com reports. The 19-year NBA veteran has a no-trade clause in his contract, which means that Garnett could potentially veto any deal presented to him. Garnett spent his first 12 seasons in the NBA with Minnesota, and it would be a great ending to his storied career if he retired while wearing a Timberwolves jersey. The big man has also said that he hopes to buy the Wolves when his playing days are over.
The 38-year-old is earning $12MM for the season, and will become an unrestricted free agent at the end of the campaign. The veteran has appeared in 42 games for Brooklyn this season, and is averaging 6.8 points, 6.8 rebounds, and 1.6 assists in 20.3 minutes per night. Garnett’s career averages are 18.3 PPG, 10.2 RPG, and 3.8 APG. His career shooting percentages are .497/.276/.790.
Young, 26, is making $9,410,869 this season, and he has a player option worth $9,971,739 for the 2015/16 campaign. The 6’8″ forward has appeared in 48 games for Minnesota this season, and is averaging 14.3 points, 5.1 rebounds, and 2.8 assists in 33.4 minutes per game. His career numbers are 13.8 PPG, 5.5 RPG, and 1.5 APG. Young’s career slash line is .495/.319/.698.