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View Full Version : Wolves to Offer K-Love 4 yr $60 M extension



KB-Pau-DH2012
01-17-2012, 03:45 PM
Source: Hoopshype

Look for the Minnesota 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 Love 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. St. Paul Pioneer Press

Kashmir13579
01-17-2012, 03:47 PM
Please accept. :pray:

Punk
01-17-2012, 03:50 PM
Accept it. He's got a great thinking going in Minnesota right now. They just need to build around him.

Hellcrooner
01-17-2012, 03:51 PM
seems fair.
But puts them in a difficult situation to sign FA later.

raiderNlakerfan
01-17-2012, 03:55 PM
he wont sign..

VikesTwinsWolve
01-17-2012, 03:56 PM
Get it done

ManRam
01-17-2012, 03:58 PM
I wouldn't be surprised if he took it. It's not the first contract that these stars in small markets decline, it's usually been the second one where they decide they want out.

But yeah, I hope he takes it. I'm all for any star staying/going to a small market.

sixer04fan
01-17-2012, 03:59 PM
Come to Philly as a free agent. The supporting cast is in place, and we'll have enough money to max you out when we amnesty Brand after the season!

29$JerZ
01-17-2012, 03:59 PM
I actually can see him declining it and testing the Market.

Hawkeye15
01-17-2012, 03:59 PM
Hopefully he takes the offer.

Hellcrooner
01-17-2012, 04:00 PM
I wouldn't be surprised if he took it. It's not the first contract that these stars in small markets decline, it's usually been the second one where they decide they want out.

But yeah, I hope he takes it. I'm all for any star staying/going to a small market.

well, they wouldnt sign the second contract if not for the ****ing RFA stupidity :mad:

thekmp211
01-17-2012, 04:00 PM
hope he stays. seems like a good offer. he may well outperform it by the time it's done.

-Kobe24-TJ19-
01-17-2012, 04:00 PM
I actually can see him declining it and testing the Market.

What's there to test?

Wolves will match any offer...

Sadds The Gr8
01-17-2012, 04:01 PM
I hope he declines it so he can come to the Raptors

Hustlenomics
01-17-2012, 04:01 PM
only 15 mill a year? he should try to rob them for more

Hellcrooner
01-17-2012, 04:01 PM
What's there to test?

Wolves will match any offer...

pretty much.

Hawkeye15
01-17-2012, 04:04 PM
The Wolves will match any offer thrown at him regardless this summer.

Federal Reserve
01-17-2012, 04:06 PM
Love is coming to the knicks!

Hellcrooner
01-17-2012, 04:07 PM
The Wolves will match any offer thrown at him regardless this summer.

pretty much.

In fact wouldnt it be a much better idea?

it would lock him for 5 years instead of 3 , since someone would offer 5 years max.

Hawkeye15
01-17-2012, 04:07 PM
Love is coming to the knicks!

Don't the Knicks have a PF making $20 million a year? Love is better than him regardless, but you need some guards son.

Hawkeye15
01-17-2012, 04:07 PM
pretty much.

In fact wouldnt it be a much better idea?

it would lock him for 5 years instead of 3 , since someone would offer 5 years max.

only a players current team can offer 5, unless I am incorrect.

VikesTwinsWolve
01-17-2012, 04:12 PM
Love is coming to the knicks!

Another clueless NY fan lol!!!! We missed you guys since going into hideing after a Rubio sighting in MN. Now be gone again! :facepalm:

Jint.
01-17-2012, 04:20 PM
take it K Love

smith&wesson
01-17-2012, 04:25 PM
sure the wolves can match any offer. but isnt up to love to accept ??

i mean if a contending team makes a lucrative offer and love would prefer to compete now wouldnt it be up to him to acept or decline ? or does he have to stay with the wolves if they match another teams offer ?

Hawkeye15
01-17-2012, 04:26 PM
sure the wolves can match any offer. but isnt up to love to accept ??

i mean if a contending team makes a lucrative offer and love would prefer to compete now wouldnt it be up to him to acept or decline ? or does he have to stay with the wolves if they match another teams offer ?

The Wolves would have 3 days to match any offer made and retain Love.

Hawkeye15
01-17-2012, 04:27 PM
I do believe he could not sign anything, instead signing a 1 year qualifying offer, and become an unrestricted FA in 2013.

pebloemer
01-17-2012, 04:36 PM
I do believe he could not sign anything, instead signing a 1 year qualifying offer, and become an unrestricted FA in 2013.

Yah, if he really wanted out of Minnesota he could accept the qualifying offer for far less money than he could make next season (if he were to sign extension or a RFA offer sheet), and then sign anywhere as a UFA in 2013, but I just can't see that happening.

Twolves are soundly in control of the situation.

Hawkeye15
01-17-2012, 04:39 PM
yes, he would make about half of what he is being offered next season if he just signed the qualifying offer.

CityofChaos
01-17-2012, 04:50 PM
hell, if David Lee can nab $80 mill Love should ask for more or walk lol

Cubs Win
01-17-2012, 05:16 PM
I think he's worth slightly more (maybe 16-18 mil/yr), but hopefully he takes it. It'd be nice to see some of these young stars try to stick with their franchise and turn them into winners, rather than running to a winner.

Kashmir13579
01-17-2012, 05:20 PM
What's there to test?

Wolves will match any offer...

And that would be called "testing" the market.

THE MTL
01-17-2012, 05:38 PM
Is this the maximum extension? It doesnt seem like it.

beasted86
01-17-2012, 07:32 PM
There is this thing called a maximum salary.

Anyone talking about $80M/5yrs or $18M a season need to read up on the new CBA.

Bruno
01-17-2012, 07:51 PM
the scary thing for wolves fans will be if he doesn't take the wolves extension, or sign a qualifying offer with another team. meaning he'll become a unrestricted free-agent for 2013, taking $6 million dollars next season. it'd be a massive gamble on his part, from a money stand point, but it allows him to do whatever he wants the following year.

predictions?

NBAfan4life
01-17-2012, 08:48 PM
the scary thing for wolves fans will be if he doesn't take the wolves extension, or sign a qualifying offer with another team. meaning he'll become a unrestricted free-agent for 2013, taking $6 million dollars next season. it'd be a massive gamble on his part, from a money stand point, but it allows him to do whatever he wants the following year.

predictions?

At least the wolves will know his thinking if goes that route and can try to get something in return.

ClippersE.G
01-17-2012, 08:56 PM
people think hes good so why wudnt he....im surprised hes not asking for the max

KB24PG16
01-17-2012, 09:04 PM
good offer i think

FriedTofuz
01-17-2012, 09:28 PM
the wolves will match anything even if they have to overpay him, kevin love is no doubt a HOF.

mdm692
01-17-2012, 09:36 PM
beasley wants money too

thephoenixson28
01-17-2012, 09:44 PM
Westbrook and Love to the suns next year plz.

D1JM
01-17-2012, 09:48 PM
the scary thing for wolves fans will be if he doesn't take the wolves extension, or sign a qualifying offer with another team. meaning he'll become a unrestricted free-agent for 2013, taking $6 million dollars next season. it'd be a massive gamble on his part, from a money stand point, but it allows him to do whatever he wants the following year.

predictions?

gamble on his part but he is worth more than a 4 for 15 million a year

Hawkeye15
01-17-2012, 09:53 PM
beasley wants money too

he won't get it

SportsAndrew25
01-17-2012, 09:54 PM
Smart idea by MIN. You win with star players.

jam
01-18-2012, 05:58 AM
The Wolves will have to sign Love to remain relevant. I can see them as a playoff team in a couple of years with Love, Rubio and Beasley.

If they are going to actually advance past the first round, the Wolves need a true blue chip all nba caliber player, which Love is not and likely never will be.

Trueblue2
01-18-2012, 06:45 AM
the scary thing for wolves fans will be if he doesn't take the wolves extension, or sign a qualifying offer with another team. meaning he'll become a unrestricted free-agent for 2013, taking $6 million dollars next season. it'd be a massive gamble on his part, from a money stand point, but it allows him to do whatever he wants the following year.

predictions?

if he only signed the qualifying offer they could trade him and get a good haul in return. If he's only making 6 mil his already high trade value becomes even higher. Love at 6 mil + his bird rights is a contender's GM's wet dream.

LakersIn5
01-18-2012, 07:48 AM
dont accept. dont opt out and test free agency in 2013.

Federal Reserve
01-18-2012, 08:33 AM
Even if Kevin Love leaves the Timberwolves, the team will still have the same number of wins.

_Supreme_
01-18-2012, 08:33 AM
If he truly thinks he is the best PF in the game then he might consider $15M a year a bit low.

But then again he might just sign it, Idk. I hope he does.

onlythisfar41
01-18-2012, 08:59 AM
Another clueless NY fan lol!!!! We missed you guys since going into hideing after a Rubio sighting in MN. Now be gone again! :facepalm:

Jesus its amazing how many people are so stupid that they cant pick up on sarcasm. You calling someone clueless is the perfect example of the pot calling the kettle black

WSU Tony
01-18-2012, 01:05 PM
The same people who say "Love doesn't help win games" are the people saying this offer isn't worth enough money.

Which side of the coin are you on?

beasted86
01-18-2012, 01:19 PM
Exactly $13,603,750.00 would be Kevin Love's max salary for 2012-2013.

Using this as a base, the maximum raises per year are 7.5% for a native player signed using full Bird Rights under the new CBA.

$13,603,750 (+ 7.5%)
$14,624,031.25 (+ 7.5%)
$15,720,833.59 (+ 7.5%)
$16,899,896.11

Total over 4 years with max raises per year:
$60,848,510.95

So the people saying the Wolves should offer more, or he can get more elsewhere are simply ignorant of the CBA.

utl768
01-18-2012, 01:33 PM
is that a max contract?

if not then i doubt he takes it

VikesTwinsWolve
01-18-2012, 02:20 PM
Jesus its amazing how many people are so stupid that they cant pick up on sarcasm. You calling someone clueless is the perfect example of the pot calling the kettle black

haha everything he says is baiting, trolling, bs... Who can take anything he says serious. Now go crawl back to your dish boy!

Hawkeye15
01-18-2012, 03:25 PM
Exactly $13,603,750.00 would be Kevin Love's max salary for 2012-2013.

Using this as a base, the maximum raises per year are 7.5% for a native player signed using full Bird Rights under the new CBA.

$13,603,750 (+ 7.5%)
$14,624,031.25 (+ 7.5%)
$15,720,833.59 (+ 7.5%)
$16,899,896.11

Total over 4 years with max raises per year:
$60,848,510.95

So the people saying the Wolves should offer more, or he can get more elsewhere are simply ignorant of the CBA.

Wait, so you are surprised there are a huge amount of ignorant posters here?

Hawkeye15
01-18-2012, 03:26 PM
is that a max contract?

if not then i doubt he takes it

the post directly on top of yours says YES, this is the maximum offer Love can get.

tbone2171
01-18-2012, 04:06 PM
Why would Kevin Love want to stay w/ a small market team? Plus Minny is cold and their GM only drafts PGs.

jam
01-18-2012, 06:34 PM
Signing Love is just the start of creating a contender in MN. They need an all nba (top 15) player in addition in order to have any playoff success at all. It's not even clear that the Wolves make the playoffs anytime soon even if they re-sign Love.

It seems as if Love is angling to leave MN at the first opportunity. He doesn't seem terribly happy there (yes, it is cold and they haven't been winning). He's already discussed forming a big three type alliance with other players. And it doesn't sound like it will be in MN either.

That's the final, unspoken issue with the new CBA: even if there is a cap or tax, certain cities and franchises will be more desirable than others. This is in addition to the inequality created by local TV revenue.