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Andrew Wiggins Signs Five-Year Max Extension With Timberwolves

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Wiggins has signed his max contract extension.

NBA: Minnesota Timberwolves-Media Day Jesse Johnson-USA TODAY Sports

The wait is finally over. Andrew Wiggins is officially staying in Minnesota for the foreseeable future.

The Associated Press’s Jon Krawczynksi first reported the news via his Twitter account.

Below is the press release from the Minnesota Timberwolves. It does not appear as if contract details have been announced other than it’s a “multi-year” extension.

It’s been a weird series of events for Wiggins and the Wolves to finally get this completed. Wiggins fired his agent and reportedly sought consulting from several others. But nonetheless, the deal is complete with five days to spare.

“I’m pleased that we’ve reached an agreement with Andrew on a contract extension,” said Timberwolves owner Glen Taylor. “Andrew is one of the best young players in the NBA and he has the talent and work ethic to get even better and be a foundation for our franchise for many years.”

It has been reported on several occasions that Minnesota had put a five-year, $148M max extension on the table. In all likelihood, that’s the offer Wiggins and his camp agreed to. Regardless, it appears as if Wiggins has his sights on ending the 13-year playoff drought haunting the franchise.

“I’m very excited to continue my career with the Timberwolves,” said Wiggins. “I love it here. The fans and organization have supported me from my first day here in Minnesota. I want to thank Glen Taylor, Tom Thibodeau, the entire coaching staff and my teammates for believing in me. We’ve had some good times over the last three seasons, but the best is yet to come. I look forward to doing right by them and bringing this team to the postseason.”

Tom Thibodeau has been by Wiggins’ side since taking over as head coach and president of basketball operations.

“We’re very excited that Andrew has decided to commit his future to the Timberwolves,” said Timberwolves President of Basketball Operations and Head Coach Tom Thibodeau. “We feel strongly that he is just scratching the surface of the player he will become. Andrew is among the elite young talents in our league and the sky is the limit for him. We look forward to watching his development in the coming years.”

The extension will certainly ignite rigorous debate, if it hasn’t already, about Wiggins’ contributions to the Wolves in his career. He has made a name for himself as an extremely talented and athletic volume scorer. He increased his per-game average to over 23 points last season on over 45 percent shooting.

Outside of volume scoring, Wiggins’ contributions aren’t super impressive, particularly in the advanced statistics department. Our own Josh Clement recently published a piece here diving into the context surrounding Wiggins’ disappointing advanced statistics rankings. And to some degree, Wiggins’ game will never stack up well in advanced metrics.

Wiggins holds elite potential, regardless of what your opinion is on his game now. He possesses freakish athleticism, an assassin-type mentality and a willingness to make the big play late in games. Additionally, his potential assist numbers and his three-point shooting efficiency have increased since he arrived in the NBA.

Defensively, the addition of Jimmy Butler only makes things easier for Wiggins. The fourth-year former first overall pick will no longer be assigned the oppositions primary perimeter scorer and can focus more on his development as an all-around defender.

The sky is the limit for the Wolves’ new “Big 3.” Keeping Wiggins in Minnesota is a no-brainer. It’s another step in the rebuilding process for the Timberwolves.