Free-agent guard Jim Jackson and the Timberwolves are interested in one another.

However, neither Wolves director of basketball operations Kevin McHale nor Jackson's agent, Mark Termini, would qualify the nature of their conversations.

The Wolves still have their $1.5 million salary cap exception to offer a free agent. Teams also can offer the veteran's minimum salary, which would be $1.07 million for an 11-year veteran such as Jackson.

The Wolves have 10 players under contract after recently signing free agents Mark Madsen and Fred Hoiberg. Madsen agreed to a two-year deal believed to be for a veteran's minimum of about $663,000. The veteran's minimum for an eight-year veteran such as Hoiberg is about $938,000.

"We've heard from a lot of teams,'' Termini said. "He had an outstanding year with Sacramento last year. It has gotten to the point where he is one of the top free agents available.''

Jackson, 32, was a key reserve for the Kings last season, averaging 7.7 points and 4.2 rebounds. His presence took playing time from Hedo Turkoglu, whom the Kings traded last week in the three-team deal to acquire center Brad Miller from the Indiana Pacers.

Sacramento is interested in re-signing Jackson, according to Termini.