Chad Ford reports:
The Minnesota Timberwolves have made a verbal agreement with free agent Darko Milicic on a four year, $20 million deal sources close to the process told ESPN.com's Chad Ford. Free agents can't formally sign contracts until July 8.
“The Wolves are hosting free agents Rudy Gay and David Lee in the coming days. However, the only way they'll be able to sign either is through a sign-and-trade. Sources say the Wolves will use forward Al Jefferson as the trade bait to both the Grizzlies and Knicks.
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