Andrew Wiggins Signs Extension With Timberwolves, Reportedly For Five-Years, $148 Million


The two biggest National Basketball Association rumors from today are the Minnesota Timberwolves have officially signed Andrew Wiggins and Trey Burke is now on the New York Knicks. He is coming off his best individual year where he averaged a career-high 23.6 points per game.

Embiid, 23, signed the rookie-scale max extension Tuesday, with the $146.5 million total for the deal based on the NBA's new salary cap projections for the 2018-19 season.

Still just 22 years old, the superstar swingman is still improving.

"We feel strongly that he is just scratching the surface of the player he will become", said head coach and president Tom Thibodeau in the press release. "Andrew is among the elite young talents in our league and the sky is the limit for him".

Stock On the Run: E*TRADE Financial Corporation (ETFC)
SunTrust Banks, Inc. reissued a buy rating on shares of E*TRADE Financial Corporation in a research report on Monday, July 24th. The financial services provider reported $0.52 EPS for the quarter, topping the Zacks' consensus estimate of $0.48 by $0.04.

Apple CEO Says No AR Glasses Soon
Tim Cook suggests that the technology would transform everything ranging from shopping to fashion runways. It will also take some time before we'll be able to scan and identify other women's coats on our phones.

California DMV regs pave the way for public self-driving cars
Currently, 42 companies, including Tesla , Uber and a subsidiary of Google, hold state permits to test driverless cars . California's rules only apply to vehicles under 10,000 pounds, meaning that autonomous trucks are not legal here.

It's easy to see why the T-Wolves opened the vault for Wiggins.

Andrew Wiggins #22 of the Minnesota Timberwolves in action during the game between the Minnesota Timberwolves and the Golden State Warriors as part of 2017 NBA Global Games China at Mercedes-Benz Arena on October 8, 2017 in Shanghai, China. "I love it here". He scored 40 or more points 5 different times last season.

"To me, by making this offer, I'm speculating that his contribution to the team will be more in the future", Minnesota Timberwolves owner Glen Taylor told The Associated Press in August, before Wiggins agreed to the deal. "I look forward to doing right by them and bringing this team to the postseason".