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.

NBA Draft: No. 7 to the Golden State Warriors (D’Angelo Russell), No. 36 to the Oklahoma City Thunder (Russell, Kelly Oubre)

Unsigned Draft Picks:

First-rounders: Leandro Bolmaro (2020-23rd)
Second-rounders: Paulao Prestes (2010-45th), Henk Norel (2009-47th)

Roster Count: 10 guaranteed, two non-guaranteed

Depth Chart
PG: D’Angelo Russell, Ricky Rubio
SG: Malik Beasley, Jaylen Nowell
SF: Anthony Edwards, Josh Okogie, Jarrett Culver
PF: Jaden McDaniels, Juancho Hernangomez, Jake Layman
C: Karl-Anthony Towns, Naz Reid

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

Exceptions

Projected Non-Taxpayer Mid-Level Exception — $9,536,000
Projected Bi-Annual Exception — $3,732,000

Non-Guaranteed Salaries — Next Cut-Down Date*

Naz Reid $1,782,621 — 8/18/21
Jaylen Nowell $1,782,621 — 1/7/22

* Teams and players can agree to push back cut-down dates but not past January 7 each year.

Options

None

Free Agents (with Cap Holds)

Full Bird: Evan Turner*** ($27,909,834), Jarred Vanderbilt ($2,079,826)
Early Bird: Ed Davis ($6,506,955), Jordan McLaughlin (two-way, RFA)
Non-Bird: Aaron Brooks*** ($1,669,178)

*** Cannot be included in a sign-and-trade

Qualifying Offers

Jarred Vanderbilt $2,079,826
Jordan McLaughlin $1,669,178 ($84,414 guaranteed)

Rookie-Scale Extension Eligible

Josh Okogie

Rookie-Scale Options

Anthony Edwards (third-year)
Jaden McDaniels (third-year)
Jarrett Culver (fourth-year)

Waived Players: None

Traded Players: None

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

Two-Way Contracts: None

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. TBD for 2021-22.

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: Joseph Blair, Micah Nori, Pablo Prigioni

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

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

7/29/21 — NBA Draft.
7/31/21 — Qualifying offer deadline for Jarred Vanderbilt.
8/1/21 — Final Day of 2020-21 season.
8/2/21 — Start of 2021-22 season and moratorium.
8/18/21 — 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.