Timberwolves owner Glen Taylor said one big reason he didn't sign Kevin Love to a five-year contract calling for $80 million and instead made a deal for four years and $61 million -- even though it allows Love the option to become a free agent after three years -- is that the leagues' new collective bargaining agreement will allow the Wolves to offer Love more money than any other NBA team on his next contract negotiation.
"So we feel we can still keep Kevin," Taylor said. "Like this contract, we can give him a better contract in the future than anyone else. And we don't have to wait until the end of the contract and we can give him an extension. We can add on two or three years later on before [the new contract] runs out.
"This worked out, I think, good for both Kevin and us. It gives him the maximum. He's going to play this year [under his rookie contract] and then for the next three years or four years he gets the maximum, which is good for him. And we can extend the contract out longer at that time.
"And you know, Kevin is an important part of it, but we have to be able to work in some other players in the future, too. This gives us some flexibility and still allows Kevin to get the money, the maximum money."
Taylor said Love's big contract won't prevent the Wolves from signing some free agents to large contracts.
"We would have room even after Kevin," Taylor said. "We have it figured out for three years ahead that we can keep all the good guys that we need. We have a plan here."
The salary cap is now $70 million before the teams have to pay the tax if they go over the limit. Salaries on the current Wolves roster are at around $60 million, leaving room to sign other players.
The Wolves have all their players locked up for through 2013 except for Michael Beasley and Anthony Randolph.