Source: St. Paul Pioneer Press
The Timberwolves closed the book Saturday, June 30, on what was viewed as a two-year experiment involving forward Michael Beasley.
In the minds of Wolves owner Glen Taylor and club president of basketball operations David Kahn, the experiment didn't work.
The inconsistent and often unpredictable Beasley was not extended a qualifying offer before Saturday's midnight deadline, an offer that would have paid Beasley $8.172 million in 2012-13 and made him the second-highest paid player on the Wolves roster behind all-star forward Kevin Love and his $13.6 million salary.
As of 12:01 a.m. Sunday, Beasley becomes an unrestricted free agent and will be eligible to negotiate a new deal with any NBA team.
Backup center-forward Anthony Randolph, due $4.049 million next season, also was not extended a qualifying offer.
Though the Wolves can re-sign Beasley and Randolph at lower salaries, a league source said Beasley's exit is permanent. The source, speaking on condition of anonymity, said the club will consider re-signing Randolph, who appeared in just 34 of the Wolves' 66 games last season.
Beasley's production also was minimal last season. He missed 19 games because of foot, toe and hand injuries and averaged a career-low 11.5 points.
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