Report: Timberwolves close to $148 million extension with Andrew Wiggins

By Vincent Frank

The Minnesota Timberwolves could very well be on the verge of locking up one of their young catalysts. According to this one report, the team is closing in on a five-year, $148 million extension with star forward Andrew Wiggins.

The two sides have been in discussions about a long-term deal throughout the offseason. Wiggins, 22, is entering the fourth year of his rookie contract and was set to become a free agent following the 2018-19 season.

Sure Wiggins could have waited until after the upcoming campaign to earn a bit more cash, but he’s now set to cash in to the tune of nearly $30 million annually.

While Wiggins has not elevated his all-around game since entering the NBA, he is coming off a 2016-17 season that saw him 23.6 points per game. He’s seen as the face of the franchise in Minnesota with fellow youngster Karl-Anthony Towns and the recently acquired Jimmy Butler.