Wiggins signs $148 million contract extension with Timberwolves

Wiggins signs $148 million contract extension with Timberwolves

Wiggins signs $148 million contract extension with Timberwolves

Following weeks of building anticipation, the Minnesota Timberwolves on Wednesday morning finally agreed to terms on a five-year, $146.5 million extension with forward Andrew Wiggins.

In the same statement, Wiggins called himself "very excited" to continue his career with the Wolves.

The new deal also makes Wiggins the highest-paid Canadian NBA player of all-time.

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Although there are some concerns about his play on the defensive end of the floor, Wiggins has developed into a dependable scorer that could be a huge piece in turning the Timberwolves into a powerhouse in the Western Conference. He is coming off his best individual year where he averaged a career-high 23.6 points per game.

He is durable, having missed only one game in his first three seasons, including a rookie of the year campaign in 2014-15, and he fit seamlessly with Towns last season, giving rise to optimism around a Minnesota team that hasn't been in the National Basketball Association playoffs since 2004. "We both love the Timberwolves".

The deal, reportedly for the maximum $148 million (12.7m euros) and starting next year, adds security for the club after a stellar campaign for the 2014 top pick in the NBA Draft on a team that finished 31-51. It's not immediately clear if that's the deal that was signed.

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"I'm pleased that we've reached an agreement with Andrew on a contract extension", Taylor said in a press release announcing the contract.

Bill Duffy, Wiggins' long-time agent and one of the most respected representatives in the business, put together the parameters of the deal with Minnesota officials this summer, only to be let go by Wiggins about a month ago.

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