The report says the Detroit Pistons and Houston Rockets are among the teams that have demonstrated interest in the 6-foot-7 small forward.
Budinger, who will make $5 million this season and has a $5 million player option for the 2015-16 season, averaged 6.7 points and 2.5 rebounds over 41 games last season after missing time following surgery to repair a torn meniscus in his left knee. Budinger is one of several players -- including Kevin Martin, Andrew Wiggins and Corey Brewer -- on Minnesota's roster with the capability to play on the wing.
The Timberwolves went 40-42 last season and missed the playoffs. This offseason, the team dealt star power forward Kevin Love to the Cleveland Cavaliers in a three-team trade for a package including Wiggins. Minnesota opens the regular season Oct. 29 against Memphis.