The Star Tribune reports that forward Tom Hammonds announced Friday he has retired from the NBA and will pursue a career in drag racing fulltime.

According to reports from the AP earlier Friday, the Wolves and Hammonds were discussing a buyout.

"These last two weeks have been pretty crazy. I just realized I wasn't going to be able to help the team out physically and didn't want to take up a roster spot."

The club talked to free-agent power forward Gary Trent, but the Wolves decided not to make Trent an offer.