Minnesota Timberwolves
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The full MLE runs up to 4 years and can be split among multiple players. It is the main way over-the-cap teams add outside free agents.
The catch: using it hard-caps the Timberwolves at the first apron ($209.0M) for the rest of the season.
The rule behind this
The mid-level exception (MLE) is the main tool over-the-cap teams use to sign outside free agents. The full ("non-taxpayer") MLE allows a contract starting around $14M for up to four years, and can be split among multiple players.
More Timberwolves questions
Numbers come straight from the live Timberwolves cap sheet, recomputed whenever the data updates.