4:00pm: The Wolves have officially announced that they have picked up the options on the five players (Twitter link).
WEDNESDAY, 3:20pm: The Wolves have indeed picked up the options, as Shams Charania of Yahoo Sports hears (Twitter link), though the team has yet to make an official announcement.
SUNDAY, 1:26pm: The Wolves plan to exercise options on Andrew Wiggins, Zach LaVine, Shabazz Muhammad, Gorgui Dieng and Adreian Payne early this week, Jon Krawczynski of The Associated Press reports (on Twitter).
The moves are largely expected and do not come as a surprise, as Krawczynski tweets. All the options are for the 2016/17 season and the deadline is November 2nd.
All five players are young and each have high ceilings. They each are also affordable. Wiggins’ option is for $6,006,600, LaVine’s is $$2,240,880, Muhammad’s is $3,046,299, Dieng’s is $2,348,783 and Payne’s is $2,022,240.
The options for Wiggins, LaVine and Payne are for the third years of their respective rookie scale contracts and the options for Muhammad and Dieng are for the fourth. We regarded Wiggins’ option as a slam dunk, Dieng’s option as highly likely and the other three as generally expected.