Timberwolves submit offer sheet for Batum

Timberwolves submit offer sheet for Batum
Portland Trail Blazers' Nicolas Batum (88) gestures after scoring In the first quarter of an NBA basketball game against the Memphis Grizzlies Thursday, March 22, 2012, in Portland, Ore. (AP Photo/Rick Bowmer)

MINNEAPOLIS (AP) — The Minnesota Timberwolves have submitted a four-year, $46 million offer sheet for restricted free agent Nicolas Batum.

The Portland Trail Blazers now have three days to match the offer or let him leave for Minnesota. The two teams have been having conversations about the 23-year-old swingman from France for over a week. The Wolves were hoping that Portland would agree to a sign-and-trade deal and tried to draw out negotiations as long as possible before filing the contract Sunday evening.

Wolves president David Kahn used the amnesty clause on Darko Milicic, bought out Martell Webster and traded Brad Miller to New Orleans to create the cap room needed to sign Batum to the offer sheet.

Blazers GM Neil Olshey has said repeatedly that they will match the offer.

Copyright 2012 The Associated Press.