The Minnesota Timberwolves have reached an agreement in principle on a contract with center Nikola Pekovic. Terms of the agreement were not disclosed by the team, but the Star-Tribune reported that it’s a five-year, 60-million dollar contract that includes as much as eight-million more in bonus incentives. Pekovic, a restricted free agent, set single-season career-highs with averages of 16.3 points and 8.8 rebounds in 62 games with the Timberwolves last season. The six-foot-eleven center also finished 20th in the league in field goal accuracy at 52.0 percent and made 74.4 percent of his free throw attempts. Over three seasons with Minnesota, Pekovic has career averages of 11.6 points and 6.2 rebounds per contest. He was selected with the 31st overall pick in the 2008 NBA Draft.