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Minnesota Timberwolves Salary Archive – 2015/16

Name 2015-16
Ricky Rubio $12,700,000
Nikola Pekovic $12,100,000
Kevin Garnett $8,500,000
Kevin Martin (waived) $6,340,086
Anthony Bennett (waived) $3,650,000
Andrew Wiggins $5,758,680
Karl-Anthony Towns $5,703,600
Nemanja Bjelica $3,950,001
Zach LaVine $2,148,360
Shabazz Muhammad $2,056,920
Adreian Payne $1,938,840
Gorgui Dieng $1,474,440
Damjan Rudez $1,149,500
Tyus Jones $1,282,080
Andre Miller (waived) $947,276
Tayshaun Prince $947,276
Lorenzo Brown (waived) $75,000
Greg Smith $137,380
Greg Smith (expired 10-day contracts) $111,444
Total $70,970,883

Quick: Over the cap and hard-capped.

Projected 2016-17 Cap Space: $24.1-$25.2 million

Exceptions

  • Mid-Level Exception: $1,513,999 (partially used on Nemanja Bjelica)
  • Bi-Annual Exception: $2,139,000
  • Trade Exception (Chase Budinger, expiring 7/12/16) — $5,000,000

Roster Count: 14 guaranteed

Depth Chart
PG: Ricky Rubio, Tyus Jones
SG: Zach LaVine
SF: Andrew Wiggins, Shabazz Muhammad, Damjan Rudez, Tayshaun Prince
PF: Karl-Anthony Towns, Adreian Payne, Nemanja Bjelica (injured), Kevin Garnett (injured)
C: Gorgui Dieng, Greg Smith, Nikola Pekovic (injured)

Note: Teams often adjust their depth chart throughout the season, sometimes game by game.

Deadlines

  • 5/17/16 — 2016 NBA draft lottery.
  • 6/22/16 — No-trade restriction lifts on Greg Smith.
  • 6/23/16 — 2016 NBA Draft.
  • 6/29/16 — Team option on Damjan Rudez.
  • 7/1/16-7/6/16 — NBA annual moratorium.
  • 7/7/16 — Free agent signing period begins.
  • 7/12/16 — Chase Budinger trade exception expires.
  • 10/31/16 — Team options on Andrew Wiggins, Karl-Anthony Towns, Zach LaVine, Adreian Payne and Tyus Jones.
  • 10/31/16 — Extension deadlines for Gorgui Dieng and Shabazz Muhammad
  • 1/10/17 — Greg Smith’s $1,139,123 guarantees for 2016/17.
  • 6/30/17 — Qualifying offer deadlines Gorgui Dieng, Shabazz Muhammad and Damjan Rudez.
  • 10/31/17 — Team options on Karl-Anthony Towns and Tyus Jones.
  • 6/30/18 — Qualifying offer deadlines on Andrew Wiggins, Nemanja Bjelica, Zach LaVine and Adreian Payne.
  • 10/31/18 — Extension deadlines on Karl-Anthony Towns and Tyus Jones.
  • 6/30/19 — Qualifying offer deadlines for Karl-Anthony Towns and Tyus Jones.

Teams and players can renegotiate guarantee dates.  The NBA’s general cut-down date is approximately January 10.

Acquisitions

  • 4/29/15 — Chase Budinger opted into his contract for 2015/16.
  • 6/25/15 — Selected Karl-Anthony Towns with the 1st pick in the draft.
  • 6/25/15 — Traded Cedi Osman (2015-31st), Rakeem Christmas (2015-36th) and a 2019 second-rounder to Cleveland Cavaliers for Tyus Jones (2015-24th).
  • 6/29/15 — Tendered a qualifying offer to Robbie Hummel.
  • 7/2/15 — Signed Tyus Jones (2015-24th) to a $6.5 million rookie-scale contract.
  • 7/6/15 — Rescinded qualifying offer to Robbie Hummel.
  • 7/6/15 — Signed Karl-Anthony Towns (2015-1st) to a $25.7 million rookie-scale contract.
  • 7/10/15 — Signed Kevin Garnett to a two-year, $16.5 million contract.
  • 7/12/15 — Traded Chase Budinger to Indiana Pacers for Damjan Rudez.
  • 7/13/15 — Signed Nemanja Bjelica (2010-35th) to a three-year, $11.7 million contract.
  • 8/3/15 — Signed Andre Miller to a $1.5 million minimum contract.
  • 8/19/15 — Signed Tayshaun Prince to a $1.5 million minimum contract.
  • 9/17/15 — Signed Kleon Penn to a non-guaranteed $525k minimum summer contract.
  • 9/17/15 — Signed Nick Wiggins to a non-guaranteed $525k minimum summer contract.
  • 10/21/15 — Picked up options on Andrew Wiggins (third-year), Zach LaVine (third-year), Adreian Payne (third-year), Gorgui Dieng (fourth-year) and Shabazz Muhammad (fourth-year).
  • 3/2/16 — Signed Greg Smith to a $59.7k 10-day contract.
  • 3/12/16 — Signed Greg Smith to a second $59.7k 10-day contract.
  • 3/23/16 — Signed Greg Smith to a partially-guaranteed, two-year $1,276,503 contract

No-Trade: Kevin Garnett

Waived Players: Anthony Bennett, Nick Wiggins, Kleon Penn, Lorenzo Brown, Andre Miller, Kevin Martin (stretched)

Unsigned Draft Picks:

  • First-rounders: None
  • Second-rounders: Bojan Dubljevic (2013-59th), Paulao Prestes (2010-45th), Henk Norel (2009-47th), Lior Eliyahu (2006-44th)

Coaching Staff

Head Coach: Sam Mitchell

Assistants: Sidney Lowe, Ryan Saunders, David Adelman, Bryant Gates, Vince Legarza (player development assistant/player development video coordinator)

Trainer: Gregg Farnam

Basketball Executives

  • Milt Newton — General Manager
  • Calvin Booth — Director of Player Personnel/Scout
  • Kaayla Chones — Player Programs Director/Manager of Team Services

Pick Swaps

  • 2016 — Owed second-rounder (top-45 protected) from Houston Rockets (Corey Brewer).
  • 2016 — Owe first-rounder (top-12 protected through 2016 else converts to 2016 and 2017 second-rounders) to Boston Celtics (Robin Lopez, Wesley Johnson, Brandan Wright).
  • 2017 — Owed second-rounder (top-55 protected) from New Orleans Pelicans (Brad Miller).
  • 2018 — Owe first-round pick (lottery protected through 2020, otherwise converts to 2020 and 2021 second-rounders) to Atlanta Hawks (Adreian Payne).  Pick won’t be conveyed until two years after Minnesota’s obligation to Phoenix Suns is satisfied.
  • 2019 — Owed second-rounder from Miami HEAT (Shabazz Napier, Mo Williams).
  • 2019 — Owe second-rounder to Cleveland Cavaliers (Tyus Jones).

Cash Paid ($3.4 million max): $0

Cash Received ($3.4 million max): $0

Free Agents

  • Early Bird: Justin Hamilton, Robbie Hummel
  • Non-Bird: Arinze Onuaku, Othyus Jeffers*

* Cannot be used in a sign and trade because they were not active players in the NBA last season.

Trade Kickers

  • None

Note: Players can waive their trade bonuses, under certain circumstances.

Amnesty: Used on Darko Milicic.

D-League Affiliate: None

Archives
2014-15
2013-14
2012-13

For notes on some of the rules and an explanation of cap holds, please refer to the following Salary Notes.

Salary and team data changes quite often. If you notice a discrepancy, please notify Basketball Insiders Senior Writer Eric Pincus.

(Updated on 4/25/16)

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