Wolves make a move

[MavsFanFinley]

Makes me think of Hales. [img]i/expressions/face-icon-small-smile.gif[/img] We've talked some about Davis, but I'd forgotten about him. Wolves would get a very nice pickup if Cleveland doesn't match.

Wolves sign Ricky Davis to offer sheet

Added: 17th August, 2002

Steve Aschburner of the Pioneer Press reports that the Timberwolves have taken the plunge with Ricky Davis. The Cleveland free agent signed an offer sheet with the T-wolves on Friday night. As a restricted free agent, the Cavaliers will have the opportunity to match the offer and keep Davis.

Terms of the Wolves' offer were not disclosed, but the deal is believed to be for the NBA's full mid-level salary cap exception, worth $34.7 million over six years. The Cavaliers have 15 days to match the offer. Cleveland management has sent mixed signals in recent weeks about its plans for Davis. The team traded guard Wesley Person on draft night in part to free more playing time for Davis. But earlier this week, General Manager Jim Paxson three times evaded a reporter's question when asked if he would match a full-exception offer to the four-year veteran.

The signing is the Wolves' first significant move of the offseason. If the Wolves land Davis, the move would put them well over the estimated $52 million threshold for the NBA's looming luxury tax.