According to Yahoo Sports, the Timberwolves have agreed to a contract with their free agent.
Chase Budinger has reached agreement on a three-year, $16 million deal to return to Minnesota, league source tells Y! Sports.
Some have suggested that the signing of Budinger will hurt the Wolves chances of signing a player out of free agency, but that shouldn’t be the case. The Wolves could still sign restricted free agent Nikola Pekovic and another player like O.J. Mayo/Kevin Martin if they renounced some rights.
The potential Budinger deal should all but end any talk of Andrei Kirilenko returning to Minnesota though. While they have expressed interest in having Kirilenko return, recent rumors have AK-47 interested in playing for the San Antonio Spurs.