The Timberwolves have agreed to terms with free agent guard Mo Williams on a one-year, $3.75 million contract.

The move – announced by William’s representative Priority Sports on Monday afternoon – brings the Wolves a veteran backup who can play both point and shooting guard. There is a good chance he could wind up running the team’s second unit along with rookie Zach LaVine in the backcourt.

The Wolves could announce the signing as early as Tuesday.

Williams, 31, is coming off a 2013-14 season in which he averaged 9.7 points for Portland, his lowest average since his rookie season in 2003-04. Point-guard sized, but with a scoring mentality, Williams is a career 43.8-percent shooter, 38.5 on three-pointers.

Because the Wolves are so tight against the NBA salary cap, the team used a portion of the $5.305-million mid-level exception to sign Williams, giving them just over $1.55 million to use on another move.

The move also calls into question the future of J.J. Barea with the Wolves. Barea , entering the final year of his contract, is  due just over $4.5 million for the upcoming season. 

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