Kevin Garnett in buyout talks with Minnesota Timberwolves

Kevin Garnett and the Minnesota Timberwolves are in advanced discussions on a contract settlement that is expected to end his second stint with the team.

The belief in Minneapolis is that Garnett, at age 40, will opt for retirement after 21 seasons in the NBA.

But the strongest signals Wednesday night pointed to Garnett and his representatives securing a settlement with the Wolves that will lead to his departure from the organization with one season and $8 million left on his current contract.