Skip to main content

Reports: Timberwolves to re-sign Derrick Rose, prepare new Jimmy Butler contract

Free agency opened at 11 p.m. Saturday.

The Timberwolves are moving quickly after the opening of the free agency period on Saturday night, moving to bring back Derrick Rose and reportedly working on a package to tie down Jimmy Butler.

The only official move confirmed by the Wolves on Saturday was the decision to waive center Cole Aldrich after two years with the team.

But ESPN's Adrian Wojznarowski reports that the Wolves have reached an agreement with former MVP Derrick Rose that will keep him in Minnesota for another year.

The Athletic's Jon Krawczynski reports the contract is worth just under $2.4 million.

Rose was reunited with former Chicago Bulls coach Tom Thibodeau and Jimmy Butler in March when the free agent signed with the Wolves.

Speaking of Butler, Minnesota is said to be working on a new contract for the team's star player that will keep him with the Wolves for another 4 years.

The New York Times' Marc Stein reports that the Wolves have informed Butler they will offer him an extended contract in the $110 million range.

Such an offer however would be below what the Wolves are paying Andrew Wiggins, who last year signed a 5-year deal worth $150 million.

While new contracts can be agreed now, they can't officially be completed until Friday per NBA rules.

Next Up


Who left tires all over the road in Forest Lake?

Authorities said they would "love to chat" with the people responsible.


Ex-cop Kueng sentenced to 3½ years in prison in killing of George Floyd

Kueng pleaded guilty to aiding and abetting second-degree manslaughter in October.


Effort to support flu-stricken boy who spent his birthday on ventilator

The 10-year-old has been on a ventilator after complications followed.


What's the latest on next week's major snowstorm system?

The storm is coming. It's just a matter of where the biggest snow totals occur.

Screen Shot 2022-12-09 at 12.01.44 PM

Twin Cities radio host Matt McNeil seriously injured in crash

A post on his social media account says he'll recover.

Screen Shot 2022-12-09 at 12.48.55 PM

Marshalls in downtown Minneapolis to close its doors to shoppers

The company confirmed it will be open until mid-January.

Screen Shot 2022-12-09 at 9.45.35 AM

Boys aged 12 and 14 arrested after fleeing police in stolen car

The two boys were charged with felony fleeing in a motor vehicle and receiving stolen property.


Heavy snow brings multiple crashes to southern Minnesota roads

The snowfall is expected to end sometime Friday morning.

Cheetah Pizza

Edina pizza joint quietly closes after 38 years

The restaurant was located at 5125 Edina Industrial Blvd.


Internet providers to get $100M to expand coverage across Minnesota

Gov. Tim Walz says it's the largest single investment in broadband infrastructure in the state's history.

Forest Lake High School

Charges: Man left knife tucked in bathroom stall inside high school

The 42-year-old entered the bathroom Tuesday morning and left 15 minutes later.


Reports: Wolves trade Jimmy Butler to the 76ers

They're getting 3 players and a 2nd round pick.

Report: Butler 'fed up' with KAT, unlikely to re-sign with Wolves

This is turning into a terrible offseason for the Wolves.

Report: Butler reiterates to Thibs that he wants out

Thibodeau reportedly tried (again) talking Butler into staying.

Report: Wolves, Heat were close to deal for Butler

The talks reportedly crumbled with Minnesota upping the asking price.

Jimmy Butler sits out again, Portland crushes Wolves by 30

Butler has sat out of two divisional games in the last week.

Report: Jimmy Butler requests trade from the Timberwolves

He's given the Wolves a list of 3 teams he'd like to go to.