Sources: Andrew Wiggins progressing toward $148M deal with Minnesota

Andrew Wiggins averaged 23.6 points last season. (AP)
Andrew Wiggins averaged 23.6 points last season. (AP)

Minnesota Timberwolves forward Andrew Wiggins is progressing toward a five-year, $148 million maximum contract extension and is hopeful to sign soon, sources told The Vertical.

The Timberwolves prioritized extending Wiggins this offseason, and both sides are hopeful of completing the contract shortly, league sources told The Vertical. Minnesota owner Glen Taylor told a Minnesota TV station this week that he expected to complete a deal with Wiggins before the team started training camp Saturday. Wiggins’ previous agent, Bill Duffy, negotiated a maximum contract with the Timberwolves this summer before the sides parted ways.

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Wiggins, 22, was the No. 1 overall selection in the 2014 NBA draft and has joined Karl-Anthony Towns and Jimmy Butler as pillars of the Timberwolves’ franchise.

Wiggins averaged 23.6 points, four rebounds and 2.3 assists in 82 games last season. He also shot a career-high 35.6 percent from 3-point range, continuing to develop as a playmaker and two-way player. Minnesota added Butler, Jeff Teague, Taj Gibson and Jamal Crawford this offseason and is expected to compete for a postseason spot in the Western Conference.

Wiggins entered the NBA in 2014 after one standout season at Kansas. He was picked by the Cleveland Cavaliers on draft night and later traded to Minnesota as part of the deal for Kevin Love.

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