Taylor on Jefferson's contract extension

Written by SG on .

Timberwolves owner Glen Taylor said he hopes to sign forward Al Jefferson to a contract extension before the Oct. 31 deadline, but if a deal isn't reached he anticipates matching any offer Jefferson would receive next summer.
 
Jefferson would become a restricted free agent after this season if an extension isn't finalized and could field offers from other teams. Taylor said Tuesday he hopes to keep Jefferson for a long time, but he wants to be prudent financially as well.
 
Taylor said the front office would prefer to get a deal done before the deadline, but he is being more cautious, having been burned in the past with other contracts.
 
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Taylor said he plans to offer an extension in the neighborhood of five years and $50 million to $60 million.

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