HoopsHype Nikola Pekovic rumors

July 25, 2013 Updates

Pekovic is a restricted free agent, meaning the Wolves can match any offer he receives elsewhere. But, surprisingly, there have been no other offers, probably because teams figure the Wolves -- and Pekovic -- are intent on remaining in Minnesota. "I think everybody knows we're going to work it out," Taylor said. If necessary, though, Taylor said he would get on the phone to Pekovic. "I think Pek and I have that type of relationship," Taylor said. "Before he left (after the season), he and I actually had a conversation that if we saw that the negotiations were getting off target, we would call each other and talk. "I know (team president Flip Saunders) will be meeting with the (Pekovic's) agent sometime relatively soon in person, and my guess is that's the time they'll have a really good discussion." St. Paul Pioneer Press

July 24, 2013 Updates

The Timberwolves and Pekovic have been working on a multi-year deal that would keep the seven-footer in Minnesota for the next four seasons. Sources close to the situation say retaining Pekovic is a virtual lock and all that’s remaining is for the Wolves to finish their offseason. HoopsWorld

July 22, 2013 Updates
July 19, 2013 Updates

The Timberwolves will meet with Nikola Pekovic's representatives in the next week in an effort to reach a contrat agreement, team owner Glen Taylor said on an NBA TV interview during Thursday night's Vegas Summer League game. I'm told no date has been set and when it happens, expect president of basketball operations Flip Saunders to travel alone to New York City to meet with agent Jeff Schwartz, who also reps Kevin Love and before that represented Al Jefferson in his 2007 contract negotiation with the Wolves. Minneapolis Star-Tribune

The Wolves have made Pekovic an offer -- believed to be a four-year deal worth as much as $50 million -- and Taylor said Pekovic's camp made a counterproposal. Minneapolis Star-Tribune

"My sense is, I think we both know he's going to be playing for our team next year," Taylor said. "I think we're just dealing with an element time of here. I would tell you I'm very positive that he'll play for our team. What we have left isn't something that can't be resolved. There doesn't seem to be a lot of pressure on us or him to get it done. A meet has been set up in the future. "I'm confident it'll get done. I've been through so many of things. You say, `It's just money, Glen.' I think we'll get it done. He's an important part of our team. He wants to be back and we want him here." Minneapolis Star-Tribune

Schwartz also probably is feeling pressure to deliver big for his client for a couple reasons: Pekovic was expected to be a hot commodity on the free-agent market even though he is a restricted free agent but that big offer never come. Schwartz is in the same position with new client Brandon Jennings, who appears to be the biggest loser in this year's free agency. Minneapolis Star-Tribune

July 17, 2013 Updates
July 14, 2013 Updates
July 13, 2013 Updates

Saunders said Friday that contract negotiations continue to progress with arguably the best free agent left on the market, albeit slowly as the team and Pekovic’s representatives work toward middle ground on a four-year contract that is expected to pay him at least $12.5 million a season. “I think there’s a misconception, at least when I read Twitter,” said Saunders, who has sworn off tweeting himself but still follows along. “People think he can go pretty much where he wants to go. We have the ability to sign Pek, so we expect he will be back.” Minneapolis Star-Tribune

July 12, 2013 Updates
July 11, 2013 Updates
July 10, 2013 Updates
July 8, 2013 Updates

The Timberwolves have made a formal contract offer to restricted free agent Nikola Pekovic and waived two players in preparation for Wednesday’s end to the NBA moratorium period. According to league sources, the Wolves made an offer to Pekovic on Friday and expect to receive a response early this week. Minneapolis Star-Tribune

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