The Timberwolves lost at home to the Lakers despite a third quarter rally in which they eliminated an 18 point deficit.
The two statistical stars of the game for the Timberwolves were Kevin Love, who put up 33 points and 13 rebounds, and Micheal Beasley, who had 18 points and 12 rebounds.
After surging back from an 18 point difference and leading 94-94 with just over three minutes remaining in the game, the Timberwolves could not hang on to outlast the Lakers.
Kobe Bryant led the Lakers with 35 points and 14 rebounds to give the Lakers their second road win out of nine this season.
Despite the disappointing loss to the rival Lakers, there is no doubt that the Timberwolves' potential and popularity is on the upswing.
Kevin Love's new contract gives the impression that the Wolves are moving up in the NBA ranks for the first time since Kevin Garnett's years in Minnesota.
"Kevin's decision to commit to the Timberwolves for several more years is, I hope, validation that our team is headed in the right direction," Timberwolves President David Kahn said in a statement on the team's website.