After being waived by the Chicago Bulls Thursday, Trenton Hassell agreed to a one-year guaranteed contract with the Minnesota Timberwolves Tuesday, worth in the neighborhood of $600,000 to $650,000.

"It feels good," Hassell said. "I have a little security right now. I know I will be playing somewhere."

Hassell was waived by the Bulls when he and his agent, Mark Bartlestein, did not agree with the club that it was in Trenton's best interest to be placed on the Bulls' injured reserve list.

The New Jersey Nets, Miami Heat and Toronto Raptors also showed interest, with the Heat going so far as to call Hassell "the best defending-No. 2 guard in the NBA" according to Hassell's financial advisor Jeff Cates.