Wolves will announce Telfair signing tomorrow

The Minnesota Timberwolves and guard Sebastian Telfair have agreed in
principle on the terms of a new contract. Telfair is expected to be in
Minneapolis tomorrow and will meet with Twin Cities media at Target
Center.
 
 
 
Telfair ranked 10th in the NBA in assist-to-turnover ratio, but missed 22 games with assorted injuries.
 
McHale could have made Telfair a restricted free agent by giving him a
qualifying offer, but didn’t want to risk paying the $3.5 million price
tag that would have brought with it had Telfair taken a one-year deal.
 
So Telfair became an unrestricted free agent, meaning the Timberwolves
did not have the right to match an offer made by another team. But
McHale said all along that he wanted Telfair to return, and the point
guard agreed to terms of a new deal on Tuesday.
 

Acquired from Boston in the Kevin Garnett trade, Telfair started 51 games for the Wolves, averaging 9.3 points and 5.9 assists.

 
His agent, Andy Miller, confirmed the deal but declined to reveal any terms.
 
"Sebastian’s intention from Day One was to be back
with the Timberwolves," Miller said. "He feels that they’ve given him a
second chance and he wants to repay them by developing under their
tutelage."
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