Apr 5, 2013; Minneapolis, MN, USA; Minnesota Timberwolves center Nikola Pekovic (14) turns towards the basket past Toronto Raptors center Jonas Valanciunas (17) in the first half at Target Center. Mandatory Credit: Jesse Johnson-USA TODAY Sports

NBA Free Agency 2013: Minnesota Timberwolves, Nikola Pekovic Near $50 Million Dollar Contract

The Minnesota Timberwolves have long stated that they would match any offer for restricted free agent, Nikola Pekovic. The big man emerged onto the scene last season which interested a handful of teams like the Atlanta Hawks who reportedly were set to offer Pekovic a contract.

However, given Pekovic’s restricted status and the Wolves hard nosed stance to match any offer, teams backed off and now the two sides are nearing agreement on a four year, $50 million dollar deal according to Yahoo Sports.

Per Wojo:

Minnesota, Nikola Pekovic getting closer on a four-year, $50 million contract extension, league sources tell Y! Sports.

It’s certainly a hefty deal for a player who had one year of productive ball, but what a productive year it was. In addition to playing relatively solid defense and being the post presence that he is, Pekovic averaged 16.3 points, 8.8 rebounds, 0.7 steals and 0.8 blocks

The Wolves have held no punches financially this offseason, re-signing (assuming it gets completed) both Pekovic and Chase Budinger while also acquiring both Kevin Martin and Corey Brewer via free agency.

Tags: Minnesota TImberwolves NBA Free Agency Nikola Pekovic