The Wolves are expected to offer Kevin Love a $70 million contract extension this offseason following a resolution to the NBA's CBA negotiations, according to a report from Charley Walters of the Pioneer Press.

Love will be eligible for an extension of five seasons if there is no change from the current rules applying to players coming off their rookie contract.

Kevin Durant signed a five-year, $85 million contract extension last summer when he became eligible for the first time.