Report: Kevin Garnett’s deal with the Timberwolves is for $16 million over two years

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It’s been common knowledge for a while that Kevin Garnett was going to re-sign with the Timberwolves, and he agreed to a deal earlier in the week. Now, the terms have become public, as reported by the Associated Press‘ Jon Krawczynski: $16 million over two years.

The Minneapolis Star-Tribune previously reported that Garnett’s new deal would have a provision to allow him to move into a management role with the Wolves if he decided not to play the second season. He’s already 39, going into his 21st season, so the safe assumption is that this will be it. But Garnett is a competitive guy. If he feels like he has something left after this year, he could put off retirement a little longer.