Nic Batum signs offer sheet from Minnesota

Nic Batum signs offer sheet from Minnesota
July 12, 2012, 4:46 pm
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by Chris Haynes, Trail Blazers Insider (@ChrisBHaynes)
Update 11:55am: Report from Jerry Zgoda of the Star Tribune is that the Timberwolves are holding on to the offer sheet until the end of the day before submitting it to the NBA. Gives Portland a little more time for a sign and trade. Batum has signed it, it just hasn't been turned in yet.
A source close to the situation has indicated Nic Batum has just signed a Minnesota offer sheet. The contract is for 4 years, 46.5 million. The Blazers now have 72 hours to match the offer.
Neil Olshey haspreviouslyindicated that the Blazers intend to match any offers for Batum. Now with a signed offer sheet, it will be time to see if the Blazers stick to that plan.
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