Flip Saunders Says Talks with Pekovic are Progressing

MINNEAPOLIS (AP) — The Minnesota Timberwolves are working on re-signing restricted free agent Nikola Pekovic.

President of basketball operations Flip Saunders says talks are "moving in a positive direction." Saunders has met with Pekovic's agent, Jeff Schwartz, and has extended an offer of four years and $48 million.

The two sides continue to have discussions that Saunders termed cordial. He says he believes both sides eventually will "have a meeting of the minds" and get a deal done.

Pekovic posted career highs with 16.3 points and 8.8 rebounds in 62 games last season for the Timberwolves. He is one of the best offensive centers in the game and the Timberwolves also believe he is an underrated defender.

Pekovic recently pulled out of the European championships because he has not signed a contract.