Wolves: Three contract situations require offseason study

  • Updated: April 12, 2014 - 9:14 PM

Minnesota Timberwolves head coach Rick Adelman reacted to a call in the third quarter. Minnesota beat Atlanta by a final score of 107-83. ] CARLOS GONZALEZ cgonzalez@startribune.com - March 26, 2014, Minneapolis, Minn., Target Center, NBA, Minnesota Timberwolves vs. Atlanta Hawks

Three pending contract situations loom large for the Wolves heading into the offseason:

Kevin Love

Why don’t the Wolves just rip up his contract and sign him to a maximum long-term contract extension right now? Well, because they can’t.

Here are their options after they convinced him in January 2012 to sign a four-year contract that gives him an opt-out clause after three seasons and makes him an unrestricted free agent in 2015:

• They can sign him to a two-year extension in January 2015. It would keep him put until 2018, but he has no reason to accept that because he can sign for twice as much if he waits six months.

• When he opts out in July 2015 — a slam dunk, if you will — they can sign him to a five-year extension, one year longer than any other team. They also can give him larger annual raises, so he would be refusing an extra $26.5 million if he signs a four-year deal elsewhere.

Rick Adelman

Either he or the Wolves can choose to opt out of the final season of a four-year contract he signed in September 2011. Both parties say the issue will be addressed after the season ends Wednesday. There’s a two-week window at season’s end for either side to opt out.

If one side doesn’t exercise the opt-out for next season, the other side almost certainly will. Adelman is 67 and his wife, Mary Kay, has had health issues the past two seasons.

There’s a provision for Adelman to continue as a consultant if he doesn’t return to coach next season.

Ricky Rubio

The Wolves can negotiate a contract extension starting July 1 and they will make it a priority during a window that lasts through October. But this one could get complicated.

If former Wolves boss David Kahn insisted Love take a four-year deal so he could save his one five-year maximum “designated player” slot for Rubio, well, the third-year point guard hasn’t played nearly well enough to deserve it, even if he is finishing the season with a flourish.

Look for the Wolves to position themselves offering something less than the four-year, $44 million deal Stephen Curry signed or certainly the four-year, $48 million contract Ty Lawson received.

Both sides want a deal done, but the disparity between what each thinks Rubio is worth could create a situation similar to those involving Utah’s Gordon Hayward, Phoenix’s Eric Bledsoe and Detroit’s Greg Monroe. All three didn’t sign extensions last fall and this summer will test the restricted free-agent market. Their current teams will have the right to match any offer.

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