Sources: Wolves Agree to Deal with Pekovic

NBA via Minnesota Timberwolves(NEW YORK) --  According to sources, the Minnesota Timberwolves have agreed to terms on a contract extension with restricted free agent center Nikola Pekovic.

The deal is reportedly for five years and $60 million, as well as an additional $8 million in incentive-related bonuses.

"Retaining Pek was our No. 1 priority this offseason, and we're very excited that he's chosen to continue his career in Minnesota," Timberwolves president Flip Saunders said. "Thanks to a lot of hard work and determination, Pek has developed into one of the NBA's premier centers and is entering the prime of his career. We envision Pek and Kevin Love being the 'Bruise Brothers' and forming one of the best frontcourts in the NBA for a long time to come."

Pekovic averaged career-highs of 16.3 points and 8.8 rebounds in 62 games last year.  He is entering his fourth NBA season.

Copyright 2013 ABC News Radio

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