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Wiggins, Timberwolves Working on Five-Year Extension

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The Minnesota Timberwolves are keen to lock up guard Andrew Wiggins to ensure he is a cornerstone for their future.

Wiggins and the Timberwolves are engaged in contract negotiations on a five-year extension that would be worth nearly $148 million, according to Timberwolves coach and president of basketball operations Tom Thibodeau.

“We’re working on it right now,” Thibodeau said Wednesday during a news conference to introduce Jamal Crawford.

The extension would take effect in 2018-19, with a starting salary of $25.5 million that season. The sides could agree to terms where, if Wiggins made an All-NBA team or was named Defensive Player of the Year in 2017-18, that figure would jump to $30.6 million.

Source: ESPN

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