Teague missed seven games with a sprained MCL in his left knee.
Teague returned to practice wearing a brace on his knee and worked out on the court before the team announced he would play. In his first season in Minnesota, Teague is averaging 13.4 points and a team-high 7.3 assists per game.
The Timberwolves went 4-3 in Teague's absence.
Teague was also sidelined the final four games in November with a sore right Achilles.
In the games Teague has missed, Tyus Jones has averaged 8.7 points, 5.1 assists and 2.9 steals.