Garnett has decided to retire, Kent Youngblood of the Star Tribune reports.

Garnett is in advanced discussions with the Timberwolves in regards to a buyout of his current contract, Marc Stein of ESPN.com reports.

Garnett (knee) still has yet to inform the Timberwolves if he'll return for the 2016-17 season, NBA.com's Steve Aschburner reports. "I can only assume I'll be hearing from [Garnett] in the next three weeks," Timberwolves owner Glen Taylor said.

Garnett (knee) has yet to make a decision regarding his status for the 2016-17 season.

Coach Sam Mitchell told Sirius XM NBA Radio on Tuesday that Garnett (knee) could be at risk of missing the remainder of the season. "It's a day-to-day, week-to-week thing...I'm not even going to promise that you're going to see him [again this season]."

Garnett (knee) has been ruled out for Wednesday's game against the Wizards, Kyle Radke of Timberwolves.com reports.

Garnett (knee) has been ruled out of Wednesday's matchup with the Raptors, Jerry Zgoda of the Star Tribune reports.

Garnett (knee) has been ruled out of Monday's game against the Celtics, Gary Washburn of the Boston Globe reports.

Garnett (knee) did not practice Wednesday, the Minneapolis Star Tribune reports.

Garnett will not play Wednesday against the Raptors.