Andrew Wiggins Signs Extension With Timberwolves, Reportedly For Five-Years, $148 Million

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Andrew Wiggins #22 of the Minnesota Timberwolves looks on in the third quarter during a game against the Brooklyn Nets at the Barclays Center on November 5, 2014 in the Brooklyn borough of New York City.

Following weeks of building anticipation, the Minnesota Timberwolves on Wednesday morning finally agreed to terms on a five-year, $146.5 million extension with forward Andrew Wiggins.

Darren Wolfson of 1500 ESPN reported on September 18 Wiggins and the Timberwolves were expected to have a five-year, $148 million deal finalized last month.

Back on media day (Sept. 22), he said he was in no rush to sign the contract because he said he wanted to make sure he understood every bit of the contract.

Minnesota owner Glen Taylor insisted on a face-to-face meeting with Wiggins before extending the offer, wanting to look into the eye of a young man he has made rich beyond the wildest expectations of normal people.

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A first overall draft pick in 2014, Wiggins lived up to the hype right away, winning Rookie of the Year in 2015.

In the same statement, Wiggins called himself "very excited" to continue his career with the Wolves.

Wiggins scored a career-high 23.6 points, grabbed 4.0 rebounds, tossed out 2.3 assists in 82 games last season, sinking a career-best 103 3-pointers on a career-high 35.6 percent shooting from beyond the arc.

"I love it here", he said.

He thanked Taylor, coach Tom Thibodeau, the coaching staff and his teammate, too. We've had some good times over the last three seasons, but the best is yet to come. At roughly $29.6 million per season, he becomes the team's highest-paid player by over $10 million.

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