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Report: Timberwolves reach one year, $13 million extension with Patrick Beverley

Minnesota Timberwolves v Indiana Pacers

INDIANAPOLIS, INDIANA - FEBRUARY 13: Patrick Beverley #22 of the Minnesota Timberwolves celebrates in the fourth quarter against the Indiana Pacers at Gainbridge Fieldhouse on February 13, 2022 in Indianapolis, Indiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Dylan Buell/Getty Images)

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Just a few days ago, Patrick Beverley’s name was coming up in trade rumors.

Monday night, Beverley and the Timberwolves agreed to a one-year, $13 million contract extension, as reported by Adrian Wojnarowski of ESPN. Life comes at you fast in the NBA.

This is a good deal for both sides.

The Timberwolves traded for Beverley last offseason to be a culture guy, to bring some defense and attitude on the court, plus some accountability off it. Minnesota has one of the younger rosters in the NBA and it needed a strong veteran voice in the locker room.

It worked, the 30-27 Timberwolves have seen their defense improve by 4.1 points per 100 possessions, jumping from 28th in the league to the middle of the NBA pack. That, plus a strong season from Karl-Anthony Towns leading a top-10 offense, has the Timberwolves sitting as the No. 7 seed in the West and looking like a playoff team. Beverley pitches in 9 points and 4.9 assists a game.

This contract gives Beverley some security, but its size and length make it valuable should a real trade opportunity arise for the Timberwolves. It’s a win for both sides.