Adrian Wojnarowski of Yahoo! Sports reports on Twitter that the Minnesota Timberwolves have waived for Martell Webster, a move that was expected in advance of an anticipated 4-year, $46.5 million offer sheet to Portland Trail Blazers restricted free agent forward Nicolas Batum. ----------------------------- Minnesota has waived forward Martell Webster, league source tells Y! Sports. ----------------------------- Minnesota first acquired Webster in the 2010 Draft day trade that landed forward Luke Babbitt in Portland. Update: The Timberwolves officially confirmed their release of Webster and announced the trade of veteran big man Brad Miller and two second-round picks to the New Orleans Hornets for a future second-round pick. ----------------------------- The Minnesota Timberwolves today announced the team has waived guard Martell Webster. The Timberwolves also today announced the team has traded center Brad Miller and two future second round draft picks (Brooklyn's 2013 second round selection and Minnesota's second round draft choice in 2016) to the New Orleans Hornets in exchange for a future conditional second round pick. "We want to thank Martell for his two years with us," President of Basketball Operations David Kahn said. "Unfortunately, Martell's back condition caused him to miss significant time both seasons and prevented him from playing at a consistently high level. I have spoken to Martell on numerous occasions and watched him work out last month. We are both optimistic he will have a terrific season next year." ----------------------------- With these moves now complete, Jerry Zgoda of the Star Tribune reports on Twitter that the Batum offer sheet is expected to be officially delivered on Sunday. Update: Joe Freeman of The Oregonian reports on Twitter that, during a Friday afternoon conference call, Timberwolves president David Kahn told reporters that Batum has not yet signed the offer sheet, contradicting an earlier report. He apparently will do so on Sunday afternoon. Update (again): Chris Haynes of CSNNW.com reports that Batum did sign an offer sheet earlier this week but it was ruled invalid by the NBA, so he must sign another one, according to Kahn. ed: text edited, bumped to front page