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Glen Taylor: Wiggins Must Continue to Earn Max Extension

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Timberwolves owner Glen Taylor said Monday that he is ready to commit nearly $150 million to Andrew Wiggins with a max-level extension of his rookie contract. Before he does so, Taylor wants to sit down face-to-face with Wiggins to hear the former No. 1 overall pick commit to the franchise in a similar fashion.

“To me, by making this offer, I’m speculating that his contribution to the team will be more in the future,” Taylor told The Associated Press. “We’ve got to be better. He can’t be paid just for what he’s doing today. He’s got to be better.

“So when you’re talking about negotiations on his part, I’m already extending to him that I’m willing to meet the max. But there are some things that I need out of him, and that is the commitment to be a better player than you are today.”

Taylor spoke with Wiggins when the two attended assistant coach Ryan Saunders’ wedding in July, but the owner is looking for a little more substance before they close the deal. Wiggins’ agent, Billy Duffy of BDA Sports, is expected to arrive in town next week to continue the discussions, and a five-year, $148 million extension could happen soon after.

Taylor said he wants to hear a commitment from Wiggins to work out often in the Twin Cities in the summer and improve all areas of his game to fulfill the obligations that come with a max deal.

Source: The Associated Press via ESPN

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REPORT: Wade and Bulls Reach Contract Buyout

The Chicago Bulls and Dwyane Wade have agreed to a contract buyout that would make Wade a free agent.

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The Chicago Bulls and Dwyane Wade have agreed to a contract buyout that would make Wade a free agent. According to ESPN’s Adrian Wojnarowski‏, Wade is leaving some $ 8 million of his $23.8 million salary in order to reach his exit.

Wade had opted into the final contract year of his agreement prior to the 2017 NBA Draft, believing that the Bulls were going to stay the course. However, several days after Wade opted in, the Bulls decided to trade guard Jimmy Butler and embark on a rebuild.

Assuming Wade clears the NBA waiver process, he’ll be free to choose his next team. The prevailing thought is Cleveland and good friend LeBron James will be the front runner, although the Oklahoma City Thunder and Miami HEAT are expected to be in the discussion.

The minimum salary for a player with Wade’s experience is $2.3 million.

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Tony Parker Ahead of Schedule, Expected to Participate in Training Camp

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With the San Antonio Spurs set to report to the team facilities Monday for media day, point guard Tony Parker received some positive news Friday when doctors cleared him to participate in the club’s upcoming training camp, after he suffered a season-ending torn quadriceps tendon in May during the Western Conference semifinals.

“The thing is, I did an MRI on Friday, and the doctor said they were really happy with the MRI,” Parker told Marc J. Spears of The Undefeated. “It looked very good. So they cleared me. But it’s still going to be like another, I think, two months to get back in shape and getting my leg stronger.”

Parker, 35, originally suffered the ruptured left quadriceps tendon during San Antonio’s 121-96 win over the Houston Rockets in Game 2 of the Western Conference semifinals. While the severity of Parker’s injury left pundits to ponder whether it was career threatening, the point guard said he never considered retirement.

In addition, the organization never issued a specific timeline for Parker’s return, and the point guard mentioned early on during his rehabilitation that he expected to return to the court in January.

Parker called the latest development in his rehabilitation “great news,” but he cautioned against expecting a quick return to action. In fact, Parker made it clear he won’t be suiting up for the team’s opener on Oct. 18 against the Minnesota Timberwolves as the Spurs, under coach Gregg Popovich, typically take an ultra-conservative approach in bringing players back from injury.

Source: Michael C. Wright of ESPN

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Sources: Bulls, Nikola Mirotic Agree to Two-Year Deal

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Restricted free agent Nikola Mirotic has agreed to a two-year, $27 million deal to re-sign with the Chicago Bulls, league sources told The Vertical.

Mirotic and the Bulls held extensive discussions this offseason and reached agreement on a shorter-term contract on Sunday. Mirotic was one of the top stretch fours on the market, but fell into a difficult pool of restricted free agency this summer.

Mirotic has the right to veto any trade in the first year of his new Bulls deal, league sources said.

He had faced an Oct. 1 deadline on a one-year, $7.2 million qualifying offer.

Mirotic, 26, has averaged 10.8 points, 5.3 rebounds and 1.1 assists in three seasons with the Bulls. At 6-foot-10, he possesses the size and shooting acumen to create mismatches and can be an effective scorer in spots.

Source: Shams Charania of The Vertical

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