Darko Milicic, Wolves Reach Agreement

by July 01, 2010

This deal makes the Drew Gooden one look like bargain. As reported by Chad Ford: “The Minnesota Timberwolves have made a verbal agreement with free agent Darko Milicic on a four year, $20 million deal sources close to the process told ESPN.com’s Chad Ford. Free agents can’t formally sign contracts until July 8. The fourth year of the contract is only partially guaranteed, sources said. The deal for Milicic is extraordinary considering that in February he wasn’t playing and said he was giving up on the NBA and returning to Europe…The deal is the second for the Wolves in the first 24 hours of free agency. Earlier this morning the team agreed to a four year, $13 million deal with their 2008 second round-pick, Nikola Pekovic. With the two moves, the Wolves just spent $33 million to shore up their middle.”