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Sources: Timberwolves to Buyout, Waive J.J. Barea

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The Minnesota Timberwolves are in the process of finalizing a buyout for veteran guard J.J. Barea that should enable Barea to become a free agent early next week, according to league sources.

Sources told ESPN.com that Barea will be waived by the Wolves before Monday’s 5 p.m. deadline for teams to cut rosters down to 15 players and possibly as early as Sunday.

via Mark Stein of ESPN Dallas