Malik Beasley re-signing with Timberwolves on four-year, $60M deal

Wolves and Malik Beasley agree on four-year, $60 million deal

Report: Malik Beasley re-signing with Timberwolves on four-year, $60M deal

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Shooting guard Malik Beasley has agreed to return to the Minnesota Timberwolves on a four-year deal worth $60 million.

Beasley, 23, has been charged with threat of violence/reckless disregard and fifth-degree drug possession from an alleged incident in September.

Cruz is reportedly waiting on further clarification about the status of the universal DH moving forward and is seeking a multi-year deal in free agency; additionally, while both sides have interest in a reunion, a signing is not expected anytime soon.

Beasley had trouble finding steady playing time with Denver, the team that drafted him in 2016, but upon coming to the Wolves he became a starter and flourished before the coronavirus postponed the season in March. During a police search, a large amount of marijuana and other guns were seized.

"We take these allegations seriously and will let the legal process run its course", the Timberwolves said last month in a statement, according to the Minneapolis Star Tribune.

Beasley was a restricted free agent, meaning the Wolves had the right to match any offer for him. "He is absolutely thrilled to be back and continue to grow on the court and off the court here". In 14 games played for the Timberwolves, he averaged 20.7 points (on 47.2 percent shooting), 5.1 rebounds, and 1.9 assists, while also connecting on 3.5 triples per game on a very impressive 42.6-percent clip.

The 24-year-old Beasley was acquired by the Wolves in a February trade and went on to score 20.7 points per game and shoot 42.6% from three in 14 games before the National Basketball Association shut down due to the initial COVID-19 outbreak on USA shores.

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