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Report: Malik Beasley agrees to four-year, $60 million deal with T-Wolves

Guard was a restricted free agent and signed a huge deal to stay in Minnesota. He should remain as a key backcourt piece for the rebuilding Timberwolves.

Minnesota Timberwolves guards D’Angelo Russell and Malik Beasley talk in the second half against the New Orleans Pelicans at the Smoothie King Center.  Chuck Cook-USA TODAY Sports

Minnesota Timberwolves RFA G Malik Beasley has agreed to a four-year, $60 million deal to stay with the T-Wolves, The Athletic’s Shams Charania reported Friday night. Beasley was acquired by the Timberwolves from the Denver Nuggets before the trade deadline in 2019-20. After the deal, Beasley became a staple in the T-Wolves’ rotation, averaging over 20 points per game to finish the season. Now, he’ll be sticking around Minnesota long-term.

The Timberwolves have had a busy couple of days between the No. 1 pick in the 2020 NBA Draft and now free agency. Minnesota selected Anthony Edwards with the first pick and he’ll join Beasley and D’Angelo Russell in the backcourt rotation. The T-Wolves also added two forwards in Leandro Bolmaro and Jaden McDaniels in the first round.

So Beasley, Russell, Karl-Anthony Towns, Jarrett Culver, Edwards, Josh Okogie, Jacob Evans and Omari Spellman are all under contract the next 2-3 seasons. That will allow coach Ryan Saunders to start to build up the team to compete for a playoff spot in the loaded Western Conference.