Kevin Martin has agreed upon a contract buyout agreement with the Minnesota Timberwolves before the deadline to make him playoff-eligible.

Martin will be pursued by multiple teams with the San Antonio Spurs already considered a strong contender.

The Atlanta Hawks, Dallas Mavericks and Houston Rockets will also pursue Martin.

Martin and his agent had to negotiate a complicated settlement of the player option on Martin's contract that was scheduled to pay him $7.4 million next season.

Martin averaged 20 points per game as recently as last season.