Richardson reports that Love is expected to sign the contract on Wednesday afternoon -- making the deal official just hours before the NBA's midnight (ET) deadline. Had the two sides not reached common ground in time, Love would have become a restricted free agent this summer. Instead, he's locked up for the foreseeable future.
Earlier this week, Christopher Gates of SB Nation Minnesota noted Love's fantastic start to the season:
If there's a better power forward in the league than Kevin Love, I really don't know who it would be. Love has notched a double-double in each of the Timberwolves' first 15 games, which is one shy of the NBA record for most consecutive double-doubles to start a season. He is also currently the only player in the NBA in the top five in scoring (fifth at 24.7 points/game) and rebounding (second at 14.5 boards/game). For good measure, he's also hitting nearly 40% of his three-point attempts.
Gates must have jinxed Love, who came two rebounds shy of a double-double in the Wolves' 16th game, but Love responded on Monday with 39 points and 12 boards. Love came into his own last season, and he's taken the next step into truly elite company this year, ranking No. 6 in SB Nation's latest MVP Power Rankings, sandwiched between the likes of Dwight Howard and Derrick Rose.