Report: Timberwolves to release Brandon Roy

The Timberwolves are expected to release guard Brandon Roy. (David Sherman/NBAE/Getty Images)

The Minnesota Timberwolves are formalizing the release of guard Brandon Roy, reports Yahoo! Sports.

Roy is owed $5.3 million in the 2013-14 season and it is not known if Roy will play again because of constant knee problems. He made $5.1 million this past season.

Roy started Minnesota's first five games of the 2012-13 season, but never recovered from a mid-November knee surgery.

Roy was the 2007 NBA Rookie of the Year with the Portland Trail Blazers and was a three-time All-Star. Knee injuries with the Blazers led the team to use the NBA's amnesty clause to remove the balance of a near-max contract he signed in 2011. Roy averaged 18.8 points, 4.3 rebounds and 4.3 assists in six NBA seasons.

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Minnesota's new general manager, Flip Saunders, inherited Roy from his predecessor, David Kahn. One of the final downfalls of Kahn's failed run as GM was the two-year, $10.5 million deal with Roy. Minnesota guaranteed Roy his $5.1 million salary in the 2012-13 season, despite little examination of his troubled knees, sources said.