Veteran shooting guard Kevin Martin is already in advanced stage of his negotiation with the Minnesota Timberwolves for a buyout, per Marc Stein of ESPN.
After reaching a buyout agreement with point guard Andre Miller, the Wolves are planning to cut their ties with Martin via buyout. The Star Tribune NBA writer Jerry Zgoda confirmed that Wolves owner Glen Taylor is willing to buy out Martin and allow him to join a contender for the remainder of the season.
“Jerry Zgoda of The Star Tribune relayed earlier today that Timberwolves owner Glen Taylor would be open to discussing a buyout with the veteran shooting guard, but Martin’s side would have to initiate such talks.
Martin is earning $7.085MM this season with a $7,377,500 player option for next year. To be playoff eligible for another team Martin would need to hit waivers no later than Tuesday.”
The 33-year old Martin is averaging 10.6 points, 2.1 rebounds and 1.2 assists in 21.4 minutes for the Timberwolves, who now shift their focus on developing its young core (Andrew Wiggins, Karl-Anthony Towns and Zach Lavine).
According to ESPN NBA insider Tim McMahon, the Dallas Mavericks have already expressed interest in adding Martin to their lineup in the event he gets a buyout agreement with the Wolves.
Darren Wolfson of 1500 ESPN Twin Cities also heard that the Rockets could also make a run at re-acquiring Martin. Houston has already opened a roster spot after waiving Marcus Thornton. Reports also indicated point guard Ty Lawson is a buy-out candidate as well.
The Cleveland Cavaliers, Oklahoma City Thunder, Atlanta Hawks and the Miami Heat, who’s set to sign Joe Johnson, are the other suitors for the sweet-shooting Martin (.385 career percentage from 3-point line).
Photo Courtesy: Wikimedia