9:00pm: The signing is official, per RealGM’s transactions log.
1:10pm: The Timberwolves have reached an agreement on a one-year contract with free agent wing Tyrese Martin, reports Shams Charania of The Athletic (Twitter link). According to Charania, Martin will get the opportunity to compete in camp for a spot on Minnesota’s regular season roster.
The 51st overall pick in the 2022 draft, Martin was waived in July after appearing in just 16 games for the Hawks last season as a rookie. He scored 21 points and grabbed 12 rebounds in his 66 total minutes at the NBA level.
Martin saw more frequent playing time for the College Park Skyhawks in the G League, averaging 18.0 PPG, 9.2 RPG, and 1.9 APG on .503/.366/.805 shooting in 23 regular season contests (33.9 MPG) for Atlanta’s G League affiliate. However, the Hawks opted against locking in the second year of his minimum-salary contract, cutting him before his guarantee date.
The details of Martin’s deal with the Wolves are unclear, but I expect it’ll be a non-guaranteed minimum-salary contract, possibly with an Exhibit 10 clause.
Minnesota currently has 14 players on guaranteed standard contracts and three on two-way deals. However, at least one of those two-way spots is believed to be up for grabs, with Matt Ryan expected to compete to keep his roster spot. If Martin gets an Exhibit 10 contract, it could be converted into a two-way deal before the regular season begins.
If Ryan and the Wolves’ other two-way players hang onto their spots and the team decides to carry a 15th man into the regular season, Martin would be competing against camp invitees such as Vit Krejci, Trevor Keels, and Daishen Nix to fill that final roster opening.