Minnesota Timberwolves sign Malik Beasley to lucrative, four-year contract

Mar 6, 2020; Minneapolis, Minnesota, USA; Minnesota Timberwolves guard Malik Beasley (5) drives to the basket against Orlando Magic forward James Ennis III (11) in the first half at Target Center. Mandatory Credit: Jesse Johnson-USA TODAY Sports

The Minnesota Timberwolves have re-signed shooting guard Malik Beasley, signing the 23-year-old to a lucrative contract less than a month after a troubling arrest.

Beasley, who the Timberwolves acquired at the NBA trade deadline during the 2019-’20 season, will return to Minnesota on a four-year deal that locks him into a prominent role for the 2020-’21 season.

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Minnesota Timberwolves news: Team signs Malik Beasley to $60 million contract

According to The Athletic’s Shams Charania, the Minnesota Timberwolves have retained shooting guard Malik Beasley on a four-year, $60 million contract. 

The move comes less than 48 hours after Minnesota selected shooting guard Anthony Edwards with the No. 1 pick in the 2020 NBA Draft. The Timberwolves also acquired Ricky Rubio, in a reunion that delighted the fan base.

Despite the charges Beasley is facing, Minnesota reportedly stood by its promising guard after his recent off-court troubles. In a further sign of the organization’s confidence, he was rewarded with a massive contract.

Minnesota acquired Beasley last season in desperate need of outside shooting. While he only played in 14 games, with the remainder of the season wiped out by the COVID-19 pandemic, he delivered in a big way.

Beasley averaged 20.7 points and 5.1 rebounds per game with the Timberwolves, playing around 33 minutes per contest. He was also outstanding from beyond the arc, sinking 42.6% of his three-point attempts and averaging 3.5 threes made per game.

Timberwolves president of basketball operations Gersson Rosas was right all along, indicating that they see Beasley as “family.” While Minnesota’s backcourt will be loaded this season, the influx of talent will make for excellent competition and should get the best out of everyone.