Report: Timberwolves, Beverley agree on one-year, $13M extension

The Minnesota Timberwolves and guard Patrick Beverley have agreed on a one-year, $13 million contract extension, according to ESPN's Adrian Wojnarowski. 

Minnesota Timberwolves guard Patrick Beverley has agreed to a one-year, $13 million contract extension, his agent Kevin Bradbury of @Rep1Sports tells ESPN.

Beverley had been in the final year of his contract and now gets a new deal through the 2022-2023 season. He's made a significant impact for the Timberwolves on and off the floor upon arriving in offseason trade. Minnesota (30-27) is seventh in the West now. https://t.co/BzgcNHXMCC

The 33-year-old was traded by the Los Angeles Clippers, along with Daniel Oturu and Rajon Rondo to the Memphis Grizzlies in exchange for Eric Bledsoe on Aug. 16. Memphis traded him nine days later to the Timberwolves in exchange for Jarrett Culver and Juancho Hernangómez.

Beverley had been in the final year of his contract. He is averaging 9.0 points, 4.4 rebounds and a career-high 4.9 assists per game this season. 

Minnesota is currently seventh in the Western Conference at 30-27.