Wolves waive West, Bjelica signs with Spanish team
From the Timberwolves site:
The Minnesota Timberwolves announced the team has waived guard Delonte West. West was acquired from the Cleveland Cavaliers along with Sebastian Telfair in exchange for Ryan Hollins and Ramon Sessions on July 26.
Timberwolves second-round pick Nemanja Bjelica on Monday signed a five-year contract with a buyout option to leave for the NBA after two years with Spanish club Caja Laboral, the team for which newly signed Spurs prospect Tiago Splitter played.
That buyout option would place Bjelica, a point guard in a 6-foot-10 power forward's body, with the Wolves in 2012, which also could be the year Ricky Rubio joins them if the 2011-12 NBA season is lost, or mostly lost, to labor strife.