It appears both will happen.
Garnett and the Timberwolves came to an agreement Friday and a retirement announcement from Garnett is expected shortly, according to league source.
Other sources have now confirmed this.
Garnett had a fantastic 21-year career. He jumped to the NBA straight from high school, became an MVP and carried the Timberwolves as far as he could. He allowed a trade to Boston, where he wont a title with the Celtics. After an uneventful stop with the Nets, Garnett returned to Minnesota to finish his career as a franchise icon. He’ll be remembered for his snarling intensity and defensive excellence.
Few players have matched Garnett’s peak and longevity, and he’s a sure Hall of Famer in a class that will also include Tim Duncan and Kobe Bryant.