HANG TIME HEADQUARTERS — The man we like to refer to here at the hideout as the “Best Bargain In Basketball” could use a new nickname in next week or so.
Timberwolves power forward Kevin Love could be in line for a contract extension sooner rather than later, per a TwinCities.com report Charley Walters:
Look for the Timberwolves to offer Kevin Love a $60 million, four-year contract extension within the next eight days.
Love, 23, who is playing for $4.6 million this season, can become a restricted free agent after the season unless he signs an extension before Jan. 25. If he opts for free agency, the Wolves would have the right to match any outside offer. Love also can return to Minnesota in 2012-13 for $6.1 million and become an unrestricted free agent after the season.
Wolves President David Kahn isn’t commenting on contract talks, and Love says he’s unaware of the status of negotiations. The Wolves, though, want to get Love signed by next week.
Love, one of five players in NBA history to start a season with 13 double-doubles (points-rebounds), is the Wolves’ fifth-highest-paid player.
This, folks, is what you call a no-brainer.
Love has exceeded even the loftiest of expectations and overcome a staggered start to his NBA career, remember when he couldn’t get out of the dog house of former coach Kurt Rambis?
The Timberwolves won’t spend better money on an extension until Ricky Rubio comes up for his!