The Timberwolves and fourth-year forward Andrew Wiggins are expected to finalize a five-year, maximum salary contract extension in the coming days, according to Darren Wolfson of 5 Eyewitness News (Twitter link). Having spoken to team owner Glen Taylor, Wolfson suggests that the two sides are likely to get the deal done before Minnesota’s first practice on Saturday.
We heard nearly a month ago that Wiggins had decided to part ways with agent Bill Duffy shortly after Duffy had negotiated a potential five-year extension for his client. The deal between Wiggins and the Wolves wasn’t expected to get done until the 22-year-old sorted out new representation, at which point the club’s offer figures to remain on the table. While the exact value of that offer won’t be known until the 2018/19 salary cap is finalized, a maximum deal currently projects to be worth about $148MM, based on the most recent cap estimates.
That would be a significant investment in Wiggins, who has developed into one of the NBA’s most dangerous scorers, but struggled on the defensive side of the ball last season, and doesn’t contribute much in other statistical categories. Wiggins increased his three-point percentage to 35.6% in 2016/17, which was easily a career high, but averaged a modest 4.0 RPG and 2.3 APG.
Taylor has reportedly indicated that he wants to meet with the former No. 1 pick face-to-face before locking in his new deal in order to receive assurances that Wiggins is committed both to the franchise and to improving his all-around game.
Assuming Wiggins and the Wolves finalize an agreement, the next major investment on tap for the franchise would likely come a year from now, when Karl-Anthony Towns will become extension-eligible for the first time.