The NBA’s annual free-agency period started late Saturday night into Sunday, when players grabbed cash where they could even before superstar LeBron James decided to move on from Cleveland and become a Los Angeles Laker.
In its first hour, the Timberwolves reached out to four-time All-Star Jimmy Butler about a contract extension and agreed to sign former league MVP Derrick Rose to a minimum contract worth nearly $2.4 million.
The New York Times reported the Wolves immediately informed Butler and his agent that they will offer him a maximum four-year contract extension worth about $110 million when they are eligible to extend his contract on July 9.