Kevin Garnett will join Kobe Bryant and Tim Duncan as NBA legends to retire in the same year.
Garnett and the Minnesota Timberwolves came to an agreement Friday on a contract settlement and a retirement announcement from Garnett is expected shortly, reports Kent Youngblood of the Star Tribune.
Garnett, 40, had one year remaining on his contract with the Timberwolves.
Drafted with the fifth overall pick in the 1995 draft by the Timberwolves, Garnett became the first player to be drafted directly out of high school in 20 years. He played 12 seasons with the Timberwolves, winning the MVP in 2004, before his July 2007 trade to the Boston Celtics.
Garnett won a championship in his first season with the Celtics and took home the Defensive Player of the Year award in 2008. Garnett was shipped to the Brooklyn Nets via trade in June 2013, then returned to Minnesota in February 2015 after waiving his no-trade clause.
A 15-time All-Star during his 21-year career, Garnett will be remembered for his toughness and intensity on the court.