ESPN reported that Towns' agent, Leon Rose of CAA Sports, informed the Wolves of his client's intention to sign the extension on Saturday evening.
And while the 26-year-old guard hasn't tipped his all-world hand one way or the other when it comes to his future in Boston, there's no denying that losing him would undoubtedly weaken the Celtics' championship odds.
After ESPN's Adrian Wojnarowski revealed the list of teams Butler prefers to be traded to, it's tough to gauge how the situation will play out.
The question of whether or not Butler will report on Monday is out there now, too. However, Butler can opt out after this season.
But just a year later, it appears that Jimmy Butler will be on the move sooner than later. Jimmy Butler needs a mentality switch if he wants to truly fill the mold of a championship caliber leader. That was proved correct when Butler's trade request became public. However, they got eliminated by the Houston Rockets in the first round.
The Nets have been down the road of trading for aging, overpaid stars and it did not end well.
The Clippers have expressed interest in Butler, but have no interest in parting with prized rookie Shai Gilgeous-Alexander.
Thibs has added multiple of Butler's Chicago teammates to the team, but this hasn't changed anything.
Nevertheless, it remains uncertain how much - if anything - the Clippers would trade for a player whom the team could sign this summer without surrendering any assets.
Further complicating matters is the fact that Butler has missed at least 15 games in four of the last five seasons - including 23 last season, many of which came after a knee injury, and subsequent surgery.
Now, if Butler lands in NY, a situation that ends with Kyrie following him would give the Knicks a Big Three of Kyrie, Butler, and Kristaps Porzingis.
All three of those players were sent packing shortly after making it clear they wanted to play elsewhere. Earlier this summer, Butler turned down a contract extension.