Wolves sign second-round pick Nowell after long negotiation

August 7, 2019 at 3:20AM
Washington's Jaylen Nowell sets up a play in the first half during a second round men's college basketball game against North Carolina in the NCAA Tournament, Sunday, March 24, 2019, in Columbus, Ohio.
Washington's Jaylen Nowell sets up a play in the first half during a second round men's college basketball game against North Carolina in the NCAA Tournament, Sunday, March 24, 2019, in Columbus, Ohio. (Associated Press/The Minnesota Star Tribune)

Over a month after the Timberwolves drafted him, second-round pick Jaylen Nowell has agreed to a deal with the Wolves.

Nowell, the 43rd overall pick out of Washington, signed a four-year deal with the Wolves that has a guaranteed first year worth about $1.4 million, a source confirmed. The Wolves have team options on Nowell for the three years after that. KSTP first reported details of the deal.

Nowell's contract fits with what President Gersson Rosas has been trying to accomplish this offseason — finding potential developmental talent for not a lot of money.

It's why the Wolves moved up in the draft to get Jarrett Culver and why they have multiple young players on one-year deals. Nowell's deal is similar to the one undrafted free agent Naz Reid, the former LSU center who impressed during summer league, signed in July.

The Wolves are using part of their mid-level exception to get Nowell's deal done, an option they might have had to work around if they had matched Memphis' offer sheet for of Tyus Jones. Jones left for the Grizzlies on a three-year deal worth up to $28 million.

CHRIS HINE

Danny Stamps 10, took a photograph with Wolves draft pick Jaylen Nowell looked on during a clinic at Conway Community Center July,18 2019 in St Paul, MN.] Jerry Holt • Jerry.holt@startribune.com
Danny Stamps 10, took a photograph with Wolves’ second-round draft pick Jaylen Nowell during a clinic at Conway Community Center last month in St Paul. (The Minnesota Star Tribune)
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