Timberwolves make Pekovic a formal offer

  • Article by: JERRY ZGODA , Star Tribune
  • Updated: July 8, 2013 - 10:47 AM

They also waived Greg Stiemsma and Mickael Gelabale in preparation for Wednesday's end to the NBA moratorium period.

hide

Nikola Pekovic is a restricted free agent, meaning the Wolves can match any offer another team makes to the burly center.

Photo: Marlin Levison, Star Tribune file

CameraStar Tribune photo galleries

Cameraview larger

The Timberwolves have made a formal contract offer to restricted free agent Nikola Pekovic and waived two players in preparation for Wednesday’s end to the NBA moratorium period.

According to league sources, the Wolves made an offer to Pekovic on Friday and expect to receive a response early this week.

On Sunday, they waived center Greg Stiemsma and swingman Mickael Gelabale in two salary-cap moves designed to clear space to allow them to sign free agents Kevin Martin and Chase Budinger as well as bring back Pekovic on a four-year deal that likely will be worth $12 million a year or more.

They also continue to try to trade guards J.J. Barea and/or Luke Ridnour in an attempt to create more cap space to add another two players through signing or trades.

The Wolves have the right to match any offer Pekovic receives from another team. As of Sunday, he is not believed to have been offered such a deal and the number of teams who have the cap space and desire to sign him had dwindled to one or two.

Pekovic repeatedly last season said he wanted to return to Minnesota, and President of Basketball Operations Flip Saunders has said all along that he believes the two sides will reach a deal.

The Wolves had until July 17 to waive Stiemsma or fully guarantee his $2.7 million contract on their salary-cap books for next season.

Stiemsma’s agent said there’s still a chance his client could return to the Wolves, even if they drafted Louisville center Gorgui Dieng last month to essentially fill Stiemsma’s role as a backup center.

“This was a cap move,” agent Mark Bartelstein said. “They like him. There are so many different variables right now with teams and their cap space. We’ll get through this [moratorium period] and see what happens.”

  • related content

  • Wolves waive Stiemsma, Gelabale

    Sunday July 7, 2013

    Move will clear way for team to make other roster moves

  • The Minnesota Timberwolves crushed the San Antonio Spurs 107-83 in an...

  • get related content delivered to your inbox

  • manage my email subscriptions

ADVERTISEMENT

St. Louis 0 Top 1st Inning
Washington 0
Toronto 1 Top 1st Inning
Cleveland 0
LA Angels 0 Top 1st Inning
Detroit 0
Baltimore - B. Norris 12:35 PM
Boston - F. Doubront
Minnesota - K. Correia 1:10 PM
Kansas City - B. Chen
Cincinnati - T. Cingrani 1:20 PM
Chicago Cubs - E. Jackson
Houston - B. Oberholtzer 3:05 PM
Oakland - S. Kazmir
Milwaukee - M. Garza 6:05 PM
Pittsburgh - W. Rodriguez
Atlanta - E. Santana 6:10 PM
NY Mets - B. Colon
NY Yankees - I. Nova 6:10 PM
Tampa Bay - C. Archer
Seattle - R. Elias 6:10 PM
Miami - H. Alvarez
Chicago WSox - J. Quintana 7:05 PM
Texas - C. Lewis
Philadelphia - K. Kendrick 7:10 PM
Colorado - J. Lyles
Arizona - M. Bolsinger 7:10 PM
Los Angeles - D. Haren
San Francisco - T. Hudson 7:40 PM
San Diego - E. Stults
Brooklyn 29 2nd Qtr
Toronto 21
Golden State 2:30 PM
LA Clippers
Atlanta 6:00 PM
Indiana
Memphis 8:30 PM
Oklahoma City
Chicago 2:00 PM
St. Louis
Columbus 6:00 PM
Pittsburgh
Minnesota 8:30 PM
Colorado
Houston 3:00 PM
Philadelphia
New England 3:00 PM
Chicago
San Jose 5:00 PM
Colorado
Los Angeles 6:00 PM
Vancouver FC
D.C. 6:30 PM
Columbus
Toronto FC 7:30 PM
FC Dallas
Montreal 7:30 PM
Sporting Kansas City
Portland 8:30 PM
Real Salt Lake
Seattle 9:30 PM
Chivas USA
Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

question of the day

Poll: Grade the Timberwolves season

Weekly Question

ADVERTISEMENT

ADVERTISEMENT

 
Close