KINGSTON, R.I. – Former Rhode Island guard Jared Terrell signed a two-way contract with the Minnesota Timberwolves Friday, just one day after he league's annual draft.
Terrell – who led the Rams to their second straight NCAA Championship in 2017-18 – worked out for several NBA teams in the weeks leading up to the draft. He had multiple visits with the Timberwolves, were 47-35 in the regular season and earned the eighth seed in in the Western Conference before falling to top-seeded Houston in the opening round.
Late Friday night, Terrell confirmed the news via Twitter, writing, "I can't thank the @Timberwolves enough for giving me this opportunity. To EVERYONE out there, DREAMS DO COME TRUE!! NEVER forget that."
One of the best players in Rhode Island history, Terrell averaged 16.6 points, 3.5 rebounds, 2.4 assists and 1.5 steals per game. He also shot 41.4 percent from 3-point range and 82.1 percent at the free throw line. He earned Atlantic 10 First-Team All-Conference honors and was the U.S. Basketball Writer's Association District I Player of the Year.
Instituted in the NBA last season, two-way contracts allow teams to carry two extra players beyond the 15-man roster. Players with four years or fewer of NBA service are eligible for such deals. Under the two-way deal, Terrell can spend up to 45 days with Minnesota, though no time is guaranteed. The remainder of the season must be spent with the G League team, the Iowa Wolves. Any two-way contract can be converted into a standard contract at the team's option, but such a move would require an opening on the team's 15-man roster.
In addition to Terrell, Minnesota drafted Georgia Tech guard Josh Okogie No. 20 in the first round and Ohio State forward Keita Bates-Diop in the second round with the 48th overall pick.