Blog Entry

Report: Kevin Love, Wolves agree to 4-year deal?

Posted on: January 24, 2012 9:01 pm
Edited on: January 24, 2012 9:46 pm
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Posted by Ben Golliver
Kevin Love reportedly agrees to a contract extension. (Getty Images)

The Minnesota Timberwolves are reportedly closing in on their man, and at the price they wanted.

Twincities.com reports that the Timberwolves have agreed to terms on a 4-year contract extension with All-Star forward Kevin Love worth $62 million.
Minnesota Timberwolves All-Star forward Kevin Love has agreed to a four-year, $62 million contract extension and is expected to sign the new deal Wednesday afternoon in Dallas, a person close to the situation told the Pioneer Press.
ESPN.com reports that the discussions are still "ongoing" and that a final decision will not be made by Love until Wednesday.

"If you read it on the Internet it must be true right?," Love wrote on Twitter shortly after the initial report of an agreement broke.

Love has reportedly sought a 5-year deal worth closer to $80 million. Wolves president David Kahn reportedly made a 4-year offer worth $60 million last week. The two sides face a Wednesday to finalize the agreement. 

Love, 23, was the No. 5 pick in the 2008 NBA Draft after spending one season at UCLA. He's generally regarded as one of the league's top-3 rebounders and he was recently named as one of 20 finalists for the United States' 2012 Olympics team. He was the NBA's leading rebounder in 2010-2011 with 15.2 per game, earning recognition as the NBA's 2010-2011 Most Improved Player and being named to the 2011 Western Conference All-Star Game.

The Timberwolves' franchise player and double-double machine would join Chicago Bulls guard Derrick Rose and Oklahoma City Thunder guard Russell Westbrook as Class of 2008 players to ink extensions. Both Rose and Westbrook signed 5-year deals. Under the new Collective Bargaining Agreement's "designated player" rule, giving a fifth year to Love would prevent the Timberwolves from offering a 5-year deal to rookies Ricky Rubio and Derrick Williams. Locking up Love for four years while maintaining flexibility going forward would be a coup for the much-maligned Kahn, who has battled charges of incompetency since taking over the Timberwolves' basketball operations in 2009.

Love is averaging 24.9 points, 13.9 rebounds and 1.7 assists in 39.4 minutes per game this season.
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Comments
BFJ
Since: Jan 17, 2012
Posted on: January 25, 2012 8:53 am
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Since: Dec 7, 2011
Posted on: January 25, 2012 1:17 am
 

Report: Kevin Love, Wolves agree to 4-year deal?

whoknows if thedeal is true. but all these stars with stata, and theirbest is in the rear view mirrorhave been getting mor than that. in most cases it has been proven that they are not worth it. kevein love is a great yound player with a lot of proven talent and a knack for rebounding. if the owner tries to play hardball for 1 mill and 1 more year he the boss but he is not very smart. thye wolves are getting better and love is crucial to their team. almost nothing is worth him getting a bad attitude or holding a grudge. 



Since: Sep 10, 2007
Posted on: January 25, 2012 1:15 am
 

Report: Kevin Love, Wolves agree to 4-year deal?

I don't see why Love just doesnt sign.. Becomes a free agent and take alower offer somewhere else for one year and then sign with a team that actually cares for him for 5 years at the max?



Since: Jan 11, 2008
Posted on: January 24, 2012 11:55 pm
 

Report: Kevin Love, Wolves agree to 4-year deal?

Right, Jim, at least according to this other internet source, the deal isn't done. And I was POed hearing about Love wanting 5 years and the Wolves only offering 4 - so they'll let another star go over this. they don't want to win? But I'm no expert on the NBA and contracts, and reading this article I see why they want only 4 years. I hope Love will buy into the deal, so to speak. I've never been much interested in Pro hoops, but nothing like an interesting and hopefully winning team to perk up the interest a little at least.



Since: Dec 10, 2006
Posted on: January 24, 2012 11:33 pm
 

Report: Kevin Love, Wolves agree to 4-year deal?

I am not sure why all these posts are congratulating Minnesota. Why would Love write what he did if this was a done deal? I think this is far from done and in the end Love could pass on a 4 year 62 million dollar deal. He has been as big an impact player as Westbrook so should receive similar compensation. If he does take the deal I think it is more about giving the Timberwolves four years to get their act together or he moves on. In 2016, Love could do what Howard is doing this year: demand a trade to a short list of teams.



Since: Jul 22, 2010
Posted on: January 24, 2012 11:16 pm
 

Report: Kevin Love, Wolves agree to 4-year deal?

Good job Wolves!  During half time of the Cavs vs. Heat game, both Greg Anthoney and Chris Webber agreed that the Wolves are very close to being an impact team in the NBA!  If they stick together the sky is the limit!  Go Wolves!



Since: Jan 12, 2012
Posted on: January 24, 2012 10:03 pm
 

Report: Kevin Love, Wolves agree to 4-year deal?

love , rubio and williams are a solid core to build around. Its great to see the T wolves moving in the right direction finally.



Since: Sep 15, 2006
Posted on: January 24, 2012 9:39 pm
 

Report: Kevin Love, Wolves agree to 4-year deal?

Very good signing and for less than I thought he would sign for...Since it is not a max contract it also gives the T-Wolves some flexibility potentially sign some other players.  Good signing, surprising part of it is that the T-Wolves did it.  Kahn and the Wolves are not exactly known for making good decisions.



Since: Jun 21, 2008
Posted on: January 24, 2012 9:15 pm
 

Report: Kevin Love, Wolves agree to 4-year deal

I think this shows that he's a good guy and a solid player. He's willing to take less money to help the team and get things going. This team is riddled with injury. However; once Rubio and Williams get some experience under their belt, this team will be good. Beasley, Barea and Johnson all out with injuries right now. This team has a bright future.


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