Report: Wolves re-sign Budinger to 3-year, $16M deal

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Chase Budinger and the Timberwolves reached a three-year, $16-million agreement on Tuesday, according to Yahoo! Sports.

USA Today's Sam Amick reports the third year of the deal is a player option.

Jerry Zgoda reports that the deal shouldn't impact the $7-million the Wolves have to use on a shooting guard in free agency.

According to FOXSportsNorth.com, the Bucks, Lakers and Pelicans were also interested in Budinger.

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