"The Wolves are working this morning to finalize a contract agreement with unrestricted free agent J.J. Barea, a source confirms.

NBA.com's David Aldridge first reported this morning that the two sides were nearing an agreement.

ESPN.com reported that it's a four-year, $19 million deal.

I don't have any indication that it's a precursor to another imminent move, such as trading for Kevin Martin or signing Jamal Crawford.

They don't have any more cap room to sign anybody unless they'd make other moves to clear cap space or get slightly over the cap so they get that full $5 million mid-level exception."