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Updated: July 14th, 2010 12:30pm
Wolves sign guard Luke Ridnour to four-year, $16M deal

Wolves sign guard Luke Ridnour to four-year, $16M deal

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David Kahn didn't waste any time beginning to spend his newly acquired cap space.

The Associated Press has confirmed the Minnesota Timberwolves and free-agent point guard Luke Ridnour have agreed to terms on a four-year, $16 million contract.

The 14th overall pick in the 2003 draft out of Oregon, Ridnour (6-foot-2, 175 pounds) has averaged 9.4 points and 4.8 assists per game over seven seasons with Seattle and Milwaukee. As a backup last season with the Bucks, Ridnour averaged 10.4 points while shooting a career-high 38.1 percent from 3-point range.

Ridnour, 29, visited the Wolves recently but as of Tuesday night Kahn said he had "nothing to report" on a deal being done. Earlier in the day, the Wolves had finalized a trade of forward Al Jefferson to Utah, opening up the space needed for signing Ridnour.

The move is slightly curious because the Wolves have Jonny Flynn and Kahn maintains he believes another point guard, European star Ricky Rubio, will join the team in 2011-12. More clear is that the Wolves almost surely will now move another point guard on the roster, Ramon Sessions.