The Timberwolves are bringing back restricted free agent point guard Jordan McLaughlin on another two-way contract, per Shams Charania of the Athletic (via Twitter). Today was the deadline for him to accept his qualifying offer, which is equivalent to a two-way deal.
McLaughlin’s play as a rookie on a two-way deal during the 2019/20 season could have qualified him for a promotion to a standard deal this season, but Charania notes that McLaughlin opted to bet on himself and reach restricted free agency again in 2021.
In 19.7 MPG across his 30 games with the Timberwolves, the 5’11” McLaughlin averaged 7.6 PPG and 4.2 APG on .489/.382/.667 shooting last year. He previously spent the 2018/19 season with Brooklyn’s G League affiliate, the Long Island Nets after going undrafted out of USC in 2018.
In 2019/20, McLaughlin also played 23 games for Minnesota’s G League affiliate, the Iowa Wolves. McLaughlin averaged 16.7 PPG, 6.1 APG, 4.5 RPG, and 2.3 SPG on .502/.352/.750 shooting in 31.4 MPG for Iowa.
According to Darren Wolfson of 5 Eyewitness News (Twitter link), McLaughlin could have made more money in the immediate future by agreeing to a standard contract, which the Timberwolves had offered. However, it would’ve been a team-friendly multiyear deal with non-guaranteed years and/or a team option.
Having accepted another two-way contract, McLaughlin will be eligible next summer for a qualifying offer that will be equivalent to a partially guaranteed one-year deal.
McLaughlin had been the final restricted free agent on the 2020 market, so only unrestricted FAs remain unsigned.
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