Apr 1, 2013; Minneapolis, MN, USA; Minnesota Timberwolves center Nikola Pekovic (14) drives to the basket against Boston Celtics power forward Brandon Bass (30) in the fourth quarter at Target Center. Timberwolves won 110-100. Mandatory Credit: Greg Smith-USA TODAY Sports

NBA Free Agency: Pekovic Receives Formal Offer

With Cleveland and Dallas rumored to be competing for the right to pay for Andrew Bynum’s doctor’s visits, Nikola Pekovic has sat and waited patiently. Doubt you’ll see any Twitter announcements when Pek makes his decision, though.

The Wolves very own Woj is speculating (or reporting) that Pek will be getting $12 a year or more to stay in Minnesota. Pretty solid offer. Respectful, for sure — but not like the maxed out apocalyptic Portland nightmares everybody was having around February last season.

I gotta confess: When I see the words ‘formal offer’ and Pek in the same sentence, I wonder what type of formalwear Pek favors. What would Pek’s Draft Night outfit have looked like? Anyway, here’s Zgoda…

The Timberwolves have made a formal contract offer to restricted free agent Nikola Pekovic and waived two players in preparation for Wednesday’s end to the NBA moratorium period.

According to league sources, the Wolves made an offer to Pekovic on Friday and expect to receive a response early this week.

On Sunday, they waived center Greg Stiemsma and swingman Mickael Gelabale in two salary-cap moves designed to clear space to allow them to sign free agents Kevin Martin and Chase Budinger as well as bring back Pekovic on a four-year deal that likely will be worth $12 million a year or more.

They also continue to try to trade guards J.J. Barea and/or Luke Ridnour in an attempt to create more cap space to add another two players through signing or trades.

The Wolves have the right to match any offer Pekovic receives from another team. As of Sunday, he is not believed to have been offered such a deal and the number of teams who have the cap space and desire to sign him had dwindled to one or two.

Pekovic repeatedly last season said he wanted to return to Minnesota, and President of Basketball Operations Flip Saunders has said all along that he believes the two sides will reach a deal.

Tags: Cleveland Cavaliers Dallas Mavericks Featured Minnesota Timberwolves Nba Free Agency Nikola Pekovic Popular

  • Austin

    12 is a lot for a big that can’t dribble, finish, dunk, and has no go to move that he can get off if he tries, does not offensive rebound PERIOD. He better show steep improvement this year to warrant 12 mil.

    • Greg

      Pek’s got a killer finishing touch around the rim, averaged over 3.5 offensive rebounds per game, which is damn near elite, and while he’s no shut down defender, he does physically punish the opposition just for showing up. He’s also improved dramatically as an NBA’er from his rookie season when he was just 6 fouls waiting to happen. You can certainly question his ability to stay healthy, but as far as what he brings on the court….I say pay the man his $12M/yr. He’s the best C this franchise has ever seen.

      • Jack Jameson

        Pekovic keeps on improving and is on his way to being a very good center and it definitely the best center in franchise history.

        • Austin

          Best Center in franchise history, yes. Worth 12 million a year, no. Not at the production of the last year with only that much time on the floor. Hope we sign him and see great improvement.

      • Austin

        If he can improve from last year and stay on the floor for closer to 82 games, then I say he might be worth the 12 mil a year. Otherwise, 10 mil is more appropriate.

  • Austin

    Gotta be nice to be big…

  • JOHN

    no doubt….. Looks like we have manager who can not grasp the value of a player.