Chase Budinger Reportedly Reaches Agreement on New Deal with Timberwolves

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Chase Budinger Reportedly Reaches Agreement on New Deal with Timberwolves

Limited by a lateral tear in his meniscus, Chase Budinger's debut season with the Minnesota Timberwolves never got off the ground.

After missing just 20 games total in his first three years in the league as a member of the Houston Rockets, Budinger missed all but 23 in 2012-13.

The career 35.8 percent long-range marksman struggled mightily to find his shooting stroke on the rare nights that he was healthy enough to take the floor. His 41.4 field-goal percentage and 32.1 percent mark from deep were each career lows.

Budinger has a chance to reintroduce himself to Timberwolves fans after signing a three-year contract worth $16 million, as originally reported by Yahoo! Sports' Adrian Wonjarowski, who adds that the third year of Budinger's new deal will be a player option.

The signing has since been confirmed and made official by the Wolves' official PR twitter feed

Minnesota shot just 30.5 percent from three as a team last season, so upgrading its perimeter attack was a priority for this summer. Before his injury-riddled campaign last year, Budinger was fresh off a career-best 40.2 percent three-point shooting season in 2011-12.

The Timberwolves addressed their perimeter needs on draft night by trading for UCLA scoring guard Shabazz Muhammad. But given Minnesota's team-wide struggles from distance last season, this was not going to be a one-man fix.

With Budinger's future now decided, Minnesota must now decide what to do with starting center Nikola Pekovic. The third-year big man is a restricted free agent and should be in line for a sizable raise after posting career bests in scoring (16.3 points per game) and rebounding (8.8) last season.

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