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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.
Restricted free agent Malik Beasley (@Mbeasy5) has agreed to a four-year, $60M deal to return to the Minnesota Timberwolves, his agent Brian Jungreis told @TheAthleticNBA @Stadium.
— Shams Charania (@ShamsCharania) November 21, 2020
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.