The Wolves have come to an agreement with restricted free agent Nikola Pekovic on a five-year deal worth a reported $60 million.
After a long and seemingly uneventful negotiating process in which the Wolves initially waited for the market to be set by an outside suitor with an offer sheet, they finally set the market themselves by offering a reported four-year, $50 million deal which Jeff Schwartz, Pek’s agent, apparently said was no good. He secured a longer contract for his client while taking less on a per season scale with the hopes that the incentives included in the deal will push Pek’s earnings beyond the $12.5 million from the Wolves reported initial offer. It’s a gamble, but it’s also a smart one. We’ll get into that in a bit.
I think most of us are glad the Wolves retained Pek because the alternative didn’t seem great. There wasn’t much of a Plan B in terms of what to do if Pek left because I don’t really believe that was ever going to happen. They couldn’t be forced into a sign-and-trade. They couldn’t lose him if they didn’t want to. Even Pek keeping the qualifying offer and playing out next season meant the Wolves still had him and his Bird rights. It was just a matter of how much and how long.
There are concerns about the length of the deal and what it means for the Wolves moving forward. Let’s get into the things said by Flip Saunders yesterday and the realities of the deal itself. Continue Reading…