Malik Beasley gets a $60 million show of faith from the Timberwolves
4 years, 1 month ago

Malik Beasley gets a $60 million show of faith from the Timberwolves

New York Times  

Malik Beasley pulled up to a posh Twin Cities home on Friday evening rented by the Timberwolves for the special occasion. If there were any concerns that the Timberwolves doubted Beasley following a headline-grabbing arrest and looming court date for two felony charges, those were quickly laid to rest during a meeting on the opening day of NBA free agency and the offer of a four-year, $60 million contract. The agreement, which can be officially signed on Monday, includes a team option for the fourth season and cements Beasley as a major part of the Timberwolves’ plans for the near future. In preparation for the new contract, Beasley left Klutch Sports agency, started his own company, Beasley Enterprises, and linked up with Jungreis to start what was expected to be a fraught path through restricted free agency in an offseason where few teams had the kind of salary cap space it would take to sign Beasley to an offer sheet. At $15 million, Beasley’s contract is one of those juicy ones that every trade for a star player requires as teams jockey to match up salaries.

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New York Times  

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New York Times  

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New York Times  

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