HoopsHype.com Rumors

Joan Nielsen: Wolves now at salary cap including everyone but Stiemsma, Hummel. Can sign Stiemsma using room exception, Hummel to minimum if they wanted. Twitter

Minnesota Timberwolves, Free Agency, Greg Stiemsma, Robbie Hummel, Transactions 

Jerry Zgoda: Expect Brandon Roy to be introduced as a Timberwolf on Tuesday and Greg Stiemsma on Thursday next week Twitter

Minnesota Timberwolves, Free Agency, Brandon Roy, Greg Stiemsma 

Jerry Zgoda: Stiemsma is expected to spend part of August in L.A. working with Wolves assistant coach Bill Bayno Twitter

Minnesota Timberwolves, Free Agency, Bill Bayno, Greg Stiemsma 

Darren Wolfson: Lots of questions. Let me clarify: Roy, AK-47, & Stiemsma are in w/ verbal agreements. I'm referencing tiny shot of one other move. #twolves Twitter

Minnesota Timberwolves, Andrei Kirilenko, Brandon Roy, Greg Stiemsma 

Gary Washburn: #celtics officially rescind qualifying offer to Greg Stiemsma, allowing him to become unrestricted free agents and sign with #timberwolves Twitter

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Greg Stiemsma: I"m very grateful to the Celtics and the City of Boston, but I'm very excited to be the newest member of the Minnesota Timberwolves! Twitter

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

The Boston Celtics have withdrawn their qualifying offer to center Greg Stiemsma, clearing the way for the Timberwolves to sign him as an unrestricted free agent, Stiemsma's agent, Mike Naiditch, told the Pioneer Press on Monday, July 23. St. Paul Pioneer Press

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Naiditch said he received a letter Monday from the Celtics stating the team is no longer offering Stiemsma a $1.050 million salary for the 2012-13 season. Stiemsma, 26, had become a restricted free agent July 1. The move also means the Celtics are prohibited from matching the verbal agreement Stiemsma reached with the Timberwolves on Saturday in Las Vegas. "We were told this was going to happen," Naiditch said of Boston's decision to let Stiemsma go. "The letter is confirmation. When it's practical to get everybody together, Greg will sign with Minnesota." St. Paul Pioneer Press

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Darren Wolfson: Stiemsma's agent got a letter today that Boston has rescinded its qualifying offer. So, the deal with the #Twolves could be for 1-year. Twitter

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Steve Bulpett: Ainge says C's couldn't match Stiemer's Minn offer. Now they'll get veteran for cheap. Collins started 4g v. C's in playoffs. Twitter

Boston Celtics, Free Agency, Danny Ainge, Jason Collins, Greg Stiemsma 

Joan Nielsen: Stiemsma's agent said his client was impressed with Timberwolves' interest from beginning. Kahn called "one minute after free agency began." Twitter

Minnesota Timberwolves, Free Agency, David Kahn, Greg Stiemsma 

"Greg will always be grateful to the entire C's organization. He will especially miss Doc and KG, who both helped Greg tap into his potential." - Greg Stiemsma's agent, Mike Naiditch #Celtics #CelticsTalk #Timberwolves Sulia

Boston Celtics, Minnesota Timberwolves, Doc Rivers, Kevin Garnett, Greg Stiemsma 

Jerry Zgoda: Here's a good one: Stiemsma's agent compared dance w/ Wolves to Pretty in Pink: Stiemsma is Duckie and the Wolves are Molly Ringwald Twitter

Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Jerry Zgoda: Timberwolves and Greg Stiemsma agree on contract terms Twitter

Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Darren Wolfson: Apologies if this is out (just checking email): Stiemsma and #twolves have reached agreement on a contract. Boston not expected to match. Twitter

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Jerry Zgoda: Don't know the terms yet, but Stiemsma's agent says it's big enough that Celtics won't be able to match. They could only offer $2 bi-annual Twitter

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

A. Sherrod Blakely: #CelticsTalk: #Celtics Greg Stiemsma reaches agreement with the #Timberwolves today. Believed to be one year deal worth about $3M. Twitter

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Jessica Camerato: Playing for #Timberwolves brings Stiemsma closer to home. Target Center less than 5 hrs from hometown of Randolph, WI. Twitter

Boston Celtics, Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Jerry Zgoda: All this time in and the Wolves still haven't made a formal offer to Stiemsma. That should come today or...maybe his patience wears out? Twitter

Minnesota Timberwolves, Free Agency, Greg Stiemsma 

Jerry Zgoda: Stiemsma's agent said they're still willing to give Wolves "hometown" discount, even though he's from Wisconsin Twitter

Minnesota Timberwolves, Free Agency, Greg Stiemsma