Martell's salary for this season would've been $5.7million, however his contract had a small buyout of around $600,000. That's exactly what the Timberwolves did and now Webster is an unrestricted free agent.
As you probably know, Brad Miller retired at the end of last season. He did have a salary of over $5million for this season, however (like Martell) he (also) has a small buyout ($800,000). The Timberwolves decided to trade Miller to the New Orleans Hornets. They sent him along with two future second-round picks and in return received a future conditional second-round pick. The reason Minnesota traded Miller AND the picks was so that they didn't have to spend $800,000 to buyout Miller's contract.
There's absolutely no doubt that the Timberwolves are nowhere near done shaping next season's roster...
They have Ricky Rubio, Luke Ridnour, J.J. Barea and most likely Alexey Shved at the point guard. Brandon Roy, Malcolm Lee and Wayne Ellington at shooting guard (there is a rumor Minnesota is talking trade with Memphis and Ellington's name has surfaced in those talks). Chase Budinger and Wesley Johnson at small forward. Kevin Love and Derrick Williams at power forward. And Nikola Pekovic at center. The Timberwolves do have ten players under contract (Roy and Shved haven't been signed yet).
There's no doubt that Minnesota will be looking to sign up a backup center (Jordan Hill or Greg Stiemsma, likely). And possibly another wing (maybe Portland won't match the Batum offer).
Lastly, I'd like to apologize. I worked a 10 hour shift yesterday, got home and just passed out. I do my best to get the news out to you in a timely manner. Nonetheless, thanks for reading HOWL and GO WOLVES!