Talks between the Indiana Pacers and Minnesota Timberwolves have entered a stalemate revolving around a sign and trade, according to Darren Wolfson of KSTP. The move has been in the works for several days but it appears the Wolves are hesitant to meet Kevin Pritchard and the Pacers’ demands.
The Timberwolves are between a rock and a hard place at this point as they want C.J. Miles but lack the cap space to sign him outright after the offseason acquisitions of Jeff Teague, Jimmy Butler and Taj Gibson.
Kevin Pritchard is asked by @bkravitz "Is CJ still in the picture?" says, "We're talking to him" referenced interest around NBA in Miles.
— Jeremiah Johnson (@JJFSINDIANA) July 7, 2017
In essence, the only plausible and practical way for Minnesota to acquire Miles is a sign and trade deal with Indiana. Indiana is open to taking on the contract of Cole Aldrich, a three-year, $21 million dollar deal with two years still remaining, on one condition: the Pacers want the deal to include the 2018 lottery-protected pick that Minnesota received from Oklahoma City in the Ricky Rubio trade.
The Wolves have reportedly balked at this idea due to their salary cap restrictions in the upcoming seasons. Minnesota has a heap of money committed to its current roster in the coming years and views a player on a rookie deal as more of an asset than a veteran deal.
Here is where things get interesting. The Wolves have engaged in trade talks with the Brooklyn Nets about Aldrich as well. If this move is made, it would allow Minnesota to acquire Miles without a trade, leaving the Pacers with nothing.
While we were told a trade with the Pacers at this point is highly unlikely unless something changes, it is definitely a situation to monitor closely. Be sure to follow Blue HQ on Twitter and like us on Facebook to stay up to date with all of your favorite Indiana teams.