Multiple reports says the Minnesota Timberwolves have withdrawn their qualifying offer to power forward Nemanja Bjelica and agreed to terms on a contract with free agent power forward Anthony Tolliver.
Bjelica's qualifying offer was worth approximately $4.9 million, according to Spotrac.
Tolliver, who played for the Wolves for two seasons 2010-12, is coming to Minnesota on a one-year deal, according to multiple reports.
NBA reporter David Aldridge called Tolliver a "great get" for the Wolves, and for good reason. The 32-year-old shot 43.6 percent from three in 79 games with the Detroit Pistons last season, and he made 159 threes, which is 39 more than the Wolves' leader made last season (Karl-Anthony Towns).