Official: Wolves submit offer sheet for Batum

After some sniping and drama over the potential offer sheet for SG Nicolas Batum, the Minnesota Timberwolves have officially signed and submitted their offer sheet for the swingman.

Just to clarify, this does not mean that you will be seeing Batum in a Wolves uniform this coming season…yet. Portland has until 10:59 p.m. Central time on Wednesday to match this offer, which they have brazenly boasted that they will do. Although the numbers have not been released, there have been numerous reports that the sheet is for four years and approximately $46.5 million dollars, with incentives on top of that. Also rumored to be in the deal is a “posion pill” in which Portland would have to pay around a 15% “fee” if they seek to try and move Batum and his contract.

Expect Portland to wait, but ultimately match this deal.