Kevin Garnett's news wasn't the only major news surrounding the Minnesota Timberwolves Friday afternoon.
According to NBC Sports, Pekovic is owed $23.7 million over the next two seasons with the Wolves.
Pekovic had been working out for the team in the Twin Cities, but a couple of weeks ago it was learned that he wasn't ready for the season.
Pekovic's body has been breaking down over the last few years. The 30-year-old center has missed 205 career games – including 70 last season, most of them due to ankle problems.