Minnesota Timberwolves Team Salary

Quick: Over the cap.

Salary Cap: $109,140,000

Luxury Tax Threshold: $132,627,000

Projection for 2021-22 ($112,414,000 cap): Over the cap.

Roster Count: 14 guaranteed, one two-way

Depth Chart
PG: Ricky Rubio, Jordan McLaughlin (two-way), D’Angelo Russell (injured)
SG: Malik Beasley, Jaylen Nowell
SF: Anthony Edwards, Jarred Vanderbilt, Jarrett Culver (injured)
PF: Josh Okogie, Jaden McDaniels, Jake Layman, Juancho Hernangomez
C: Karl-Anthony Towns, Naz Reid, Ed Davis

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

Exceptions

Mid-Level Exception — $9,258,000
Bi-Annual Exception — $3,623,000

Waived Players: Ade Murkey, Charlie Brown Jr, Zylan Cheatham, Tyler Cook, Rondae Hollis-Jefferson, Ashton Hagans (two-way)

Traded Players: James Johnson, Jacob Evans, Omari Spellman

G-League Affiliate: Iowa Wolves (general manager Gianluca Pascucci, coach Sam Newman-Beck)

Two-Way Contracts: Jordan McLaughlin

Note: Two-Way Contracts pay $449,115 for the full 2020-21 season, pro-rated based on in-season signing date. Once a player reaches 50 games played, his salary will jump to the minimum for his years of service.

Governor: Glen Taylor

Basketball Executives

Gersson Rosas — president of basketball operations
Sachin Gupta — executive vice president of basketball operations
Joe Branch — assistant general manager
Gianluca Pascucci — assistant general manager
Manny Rohan — assistant general manager
Dr. Robby Sikka — vice president of basketball operations and player wellness

Coaching Staff

Head Coach: Chris Finch

Assistants: David Vanterpool (associate head coach/defensive coordinator), Pablo Prigioni (offensive coordinator), Bryan Gates, Kevin Hanson, Kevin Burleson, Joseph Blair

Trainer: Javair Gillet (vice president of sports science and performance), Gregg Farnam (vice president of player health/head athletic trainer), Bill Burgos (head strength and conditioning coach)

Pick Swaps

2021 — Owe first-rounder (top-three protected, unprotected in 2022) to the Golden State Warriors (D’Angelo Russell).
2021 — Owe second-rounder to the Golden State Warriors (D’Angelo Russell). May go to the Oklahoma City Thunder (Kelly Oubre).
2022 — Owed the higher second-rounder from the Philadelphia 76ers or the Denver Nuggets (Wilson Chandler, Jimmy Butler).
2024 — Owe a second-rounder to the Oklahoma City Thunder (Ricky Rubio).
2026 — Owe a second-rounder to the New York Knicks (Ed Davis).

Cash Paid ($5,617,000 max): $0

Cash Received ($5,617,000 max): $0

Deadlines

6/22/21 — NBA Draft Lottery.
7/29/21 — NBA Draft.
7/30/21 — Qualifying offer deadline for Jarred Vanderbilt.
Note: 2021-22 timing will still need revision with 2020-21 running late.
8/1/21 — Final Day of 2020-21 season.
8/2/21 — Start of 2021-22 season and moratorium.
8/21/1 — Naz Reid’s $1,782,621 guarantees for 2021-22.
Before the first day of the 2021-22 season — Extension deadline on Josh Okogie,
10/31/21 — Team options on Jarrett Culver, Jaden McDaniels and Anthony Edwards.
1/10/22 — Jaylen Nowell’s $1,782621 guarantees for 2021-22.
6/29/22 — Team options on Naz Reid and Jaylen Nowell.
6/29/22 — Qualifying offer deadline on Josh Okogie.
6/30/22 — Juancho Hernangomez’ $7,531,880 guarantees for 2022-23 (incentives TBD).
7/20/22 — Naz Reid’s $1,930,681 guarantees for 2022-23.
Before the first day of the 2022-23 season — Extension deadline on Jarrett Culver.
10/31/22 — Team options on Anthony Edwards and Jaden McDaniels.
1/10/23 — Jaylen Nowell’s $1,930,681 guarantees for 2022-23.
6/29/23 — Qualifying offer deadline on Jarrett Culver.
6/29/23 — Team option on Malik Beasley.
Before the first day of the 2023-24 season — Extension deadlines on Anthony Edwards and Jaden McDaniels.
6/29/24 — Qualifying offer deadlines on Anthony Edwards and Jaden McDaniels.

Teams and players can renegotiate guarantee dates but no later than January 7 each year.

Transactions

11/18/20 — Drafted Anthony Edwards (2020-1st), Aleksej Pokusevski (2020-17th) and Daniel Oturu (2020-33rd).
11/29/20 — Traded the rights to Daniel Oturu (2020-33rd) to the Los Angeles Clippers for the rights to Mathias Lessort (2017-50th) and a Detroit Pistons 2023-second-rounder.
11/19/20 — James Johnson opted into the final year of his contract.
11/19/20 — Issued qualifying offers to Juancho Hernangomez, Malik Beasley, Jordan McLaughlin and Kelan Martin.
11/20/20 — Traded James Johnson, the rights to Aleksej Pokusevski (2020-17th) and a 2024 second-rounder to the Oklahoma City Thunder, and the rights to Mathias Lessort (2017-50th) and a Detroit Pistons 2023 second-rounder to the New York Knicks for the rights to Leandro Bolmaro (2020-23rd) from the Knicks, and Ricky Rubio and the rights to Jaden McDaniels (2020-28th) from the Thunder.
11/22/20 — Withdrew the qualifying offer to Kelan Martin.
11/24/20 — Traded Jacob Evans, Omari Spellman and a 2026 second-rounder to the New York Knicks for Ed Davis.
11/25/20 — Re-signed Malik Beasley to a four-year $60 million contract, team option on the final season, with a $300,000 signing bonus ($100,000 applied to the first three seasons).
11/27/20 — Re-signed Juancho Hernangomez to a partially-guaranteed three-year $21,037,320 contract (incentives TBD).
11/28/20 — Signed Ashton Hagans to a two-way contract ($50,000 guaranteed).
11/28/20 — Jarred Vanderbilt’s $1,663,861 guaranteed for 2020-21.
11/29/20 — Signed Anthony Edwards (2020-1st) to a $44,271,137 rookie-scale contract.
11/29/20 — Signed Jaden McDaniels (2020-28th) to a $10,090,879 rookie-scale contract.
11/29/20 — Signed Tyler Cook to a non-guaranteed $1,445,697 minimum summer contract (Exhibits 9 and 10).
12/2/20 — Signed Ade Murkey to a non-guaranteed $898,310 minimum summer contract (Exhibits 9 and 10).
12/3/20 — Signed Rondae Hollis-Jefferson to a non-guaranteed $1,882,867 minimum summer contract (Exhibit 9).
12/10/20 — Signed Charlie Brown to a non-guaranteed $1,445,697 minimum summer contract (Exhibits 9 and 10).
12/17/20 — Re-signed Jordan McLaughlin to a two-way contract (via his qualifying offer, $50,000 guaranteed).
12/18/20 — Waived Ade Murkey.
12/19/20 — Signed Zylan Cheatham to a non-guaranteed $1,445,697 minimum summer contract (Exhibits 9 and 10).
12/19/20 — Waived Charlie Brown Jr, Zylan Cheatham, Tyler Cook and Rondae Hollis-Jefferson.
12/28/20 — Picked up the third-year rookie-scale option on Jarrett Culver.
12/28/20 — Picked up the fourth-year rookie-scale option on Josh Okogie.
2/13/21 — Waived Ashton Hagans (two-way).
2/21/21 — Fired Coach Ryan Saunders.
2/22/21 — Hired Coach Chris Finch.
2/24/21– Jaylen Nowell and Naz Reid’s $1,517,981 guaranteed for 2020-21
3/4/21 — Treveon Graham ($228,505) and Jeff Teague ($500,000) trade exceptions expired.
3/22/21 — Gorgui Dieng trade exception ($879,813) expired.