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Kevin Love Signs Extension With Minnesota



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Kevin Love has agreed to a four-year contract extension with the Minnesota Timberwolves worth between $60 and $62 million.

The deal includes a player option in the final year. Love had originally sought a five-year deal, which would make him the Wolves' "designated player". Based on the NBA's new collective bargaining agreement, every team is allowed to have one "designated player" who receives a five-year maximum extension on his rookie contract.

Love backed off that request and instead insisted that the final year of a four-year deal would be at his option.

By not giving Love a five-year deal, the Timberwolves gain some flexibility going forward, keeping that maximum offer available for point guard Ricky Rubio, No. 2 overall pick Derrick Williams or another player down the road.

Love and the team faced an 11 p.m. CST deadline to sign an extension. If not, he would have become a restricted free agent this summer.

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