Report: Malik Beasley re-signing with Timberwolves on four-year, $60M deal

Minnesota Timberwolves' Malik Beasley, left, drives past Orlando Magic's Nikola Vucevic in the second half of an NBA basketball game. (Jim Mone/AP)

Restricted free agent guard Malik Beasley is re-signing with the Minnesota Timberwolves on a four-year, $60 million deal, according to The Athletic's Shams Charania.

Beasley, 23, had 11.2 points, 2.7 rebounds and 1.4 assists in 55 games last season split between the Timberwolves and Denver Nuggets. He was traded from Denver to Minnesota on Feb. 5 as part of a four-team, 12-player transaction.

In 14 starts with the Timberwolves, Beasley averaged 20.7 points, 5.1 rebounds, and 1.9 assists per game.

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