The Minnesota Timberwolves are finalizing a deal with forward Andrei Kirilenko that will pay him $20 million over two seasons, reports Yahoo! Sports. The deal also includes a player option for 2013-14.
The Brooklyn Nets were also in contention for Kirilenko. Kirilenko last played in the NBA during the 2010-11 season with the Utah Jazz, where he spent 10 NBA seasons.
Kirilenko, 31, has career averages of 12.4 points and 5.6 rebounds and played last season with CSKA Moscow of the Euroleague.
Update: (July 27, 1:40 p.m.): The deal for Kirilenko has gone through. The team issued a press release welcoming Kirilenko to the Timeberwolves.
Also part of the three-team deal, the Hornets grabbed Brook Lopez and Hakim Warrick from the Suns.