According to the paper, different sources with the team have different reports. One said that the team was "closing in" on a five-year, $78 million contract, while another said that the Timberwolves were standing pat on their four-year offer for $61 million.
The Star Tribune’s Jerry Zgoda wrote,
An agreement could come as soon as Tuesday morning or considering the unnecessary wait so far, it could stretch toward that deadline, just like the Al Jefferson contract four years wasn’t finalized until just minutes before the deadline.
If there is no deal by Wednesday night, Love can become a restricted free agent at the end of the season.
Love, who had 39 points and 12 boards in Monday’s loss to the Rockets, is averaging 24.9 points and 13.9 rebounds, which is in the top five in the NBA in both categories.