HoopsHype Nikola Pekovic rumors

August 14, 2013 Updates

The Wolves today finally reached agreement with restricted free agent center Nikola Pekovic on a new contract. It is, according to a source with knowledge of the negotiations, a five-year, $60 million contract that also includes as much as $8 million more in bonus incentives. The Wolves got Pekovic at their price -- no more than $12 million a year -- but gave a fifth guaranteed year to get the deal done. Minneapolis Star-Tribune

In a statement released by the team, Saunders said, "Retaining Pek was our No. 1 priority this offseason and we're very excited that he's chosen to continue his career in Minnesota. Thanks to a lot of hard work and determination, Pek has developed into one of the NBA's premier centers and is entering the prime of his career. We envision Pek and Kevin Love being the `Bruise Brothers' and forming one of the best front courts in the NBA for a long time to come." Minneapolis Star-Tribune

August 12, 2013 Updates

Pekovic posted career highs with 16.3 points and 8.8 rebounds in 62 games last season for the Timberwolves. He has spent his first three seasons in the NBA in Minnesota after coming over from playing in Greece, and the Timberwolves want to keep him here. In addition to his polish and nimble feet on the low block, the Timberwolves also view him as an underrated defender against the pick-and-roll sets that dominate the league these days. "I do believe that Pek knows what we have in place, the people we've brought in, that this is a positive place," Saunders said. "I'm confident we'll have a meeting of the minds." ESPN.com

He termed the talks with Pekovic's agent, Jeff Schwartz, as cordial. Saunders has met with Schwartz in person to try to get a deal finished, but with no other offers on the table and training camp still more than a month and a half away, there hasn't been real sense of urgency to get a deal done. "Jeff and I have had very good conversations," said Saunders, who has been adamant since taking over for the fired David Kahn that the Wolves would do whatever it takes to keep Pekovic. "Nothing's been adversarial. There's things that we've agreed upon. There's things we've agreed to disagree upon. I think we're moving in the right direction." ESPN.com

August 9, 2013 Updates
August 7, 2013 Updates
August 5, 2013 Updates

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