$60M for Timberwolves’ Kevin Love?
Look for the Timberwolves to offer Kevin Love a $60 million, four-year contract extension within the next eight days.
Love, 23, who is playing for $4.6 million this season, can become a restricted free agent after the season unless he signs an extension before Jan. 25. If he opts for free agency, the Wolves would have the right to match any outside offer. Love also can return to Minnesota in 2012-13 for $6.1 million and become an unrestricted free agent after the season.
Wolves President David Kahn isn’t commenting on contract talks, and Love says he’s unaware of the status of negotiations. The Wolves, though, want to get Love signed by next week.