Kevin Garnett, Timberwolves working on buyout

Kevin Garnett and the Minnesota Timberwolves are working on a buyout to end the veteran’s second stint with the team, according to a report.

ESPN’s Marc Stein shared the news via Twitter on Wednesday and says the sides are in “advanced discussions” on the buyout.

Minnesota and Kevin Garnett are in advanced discussions on a buyout expected to end KG's second stint with the Wolves, league sources say.

— Marc Stein (@ESPNSteinLine) September 22, 2016

Garnett, 40, is set to earn $8 million this season.

The aging big man appeared in just 38 games last season for the Timberwolves, averaging 3.2 points and 3.9 rebounds per game. He was brought in to provide leadership for the young Minnesota team.

The Timberwolves had been awaiting word from Garnett on whether or not the former NBA MVP would retire.