Luol Deng Finalizes 1-Year, $2.4 Million Deal With Minnesota Timberwolves

The Minnesota Timberwolves have agreed to terms with free agent Luol Deng on a one-year deal after he was bought out by the Los Angeles Lakers. Deng will be reunited with Timberwolves head coach Tom Thibodeau, Derrick Rose, Jimmy Butler and Taj Gibson. Deng agreed to a $7.5 million buyout contract buyout with the Los Angeles Lakers in order to find a chance to play elsewhere. Deng’s buyout left him with $29 million for the two years left on his contract, for which the Lakers used the waive and stretch provision to soften the short-term salary cap hit. Deng signed a four-year, $72 million free agent deal with the Lakers in 2016. The Lakers benched Deng, 33, for all but one game of the past season.

Report: Luol Deng expected to sign with Timberwolves

Via 247sports.com
 

Editorial credit: Oleksiy Naumov / Shutterstock.com

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