Timberwolves Acquire No. 8 Pick Rob Dillingham From Spurs

11:17pm: The deal is official, the Spurs announced in a press release.


8:04pm: The Spurs used the No. 8 pick in tonight’s draft on Kentucky guard Rob Dillingham, but he won’t begin his NBA career in San Antonio, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the Timberwolves are acquiring Dillingham’s rights from the Spurs.

According to Wojnarowski (via Twitter), San Antonio is receiving Minnesota’s unprotected 2031 first-round pick and a 2030 pick swap in the deal. The ’30 swap will be top-one protected, tweets Shams Charania of The Athletic.

Neither of the Wolves’ 2024 picks (No. 27 and No. 37) are involved in the trade, confirms Jake Fischer of Yahoo Sports (Twitter link).

Minnesota’s ability to make roster moves this offseason will be extremely limited due to the fact that team salary will be above the second tax apron. That means the Wolves won’t be able to aggregate players in trades, take back more salary than they send out in trades, or sign outside free agents to contracts worth more than the minimum.

However, the second apron doesn’t prohibit them from acquiring a player’s draft rights, which don’t count as incoming salary for trade purposes as long as the player has not yet signed his rookie contract. That means they’ll be able to trade for Dillingham without sending out any players.

In his first and only college season with the Wildcats, Dillingham averaged 15.2 points, 3.9 assists, and 2.9 rebounds in 23.3 minutes per game, posting an impressive shooting line of .475/.444/.796

Despite the Wolves’ ongoing ownership dispute, it appears management has been given the go-ahead to keep adding pieces. The addition of Dillingham, who projects to earn about $6.28MM as a rookie, will increase the club’s projected tax bill to approximately $100MM, according to cap expert Yossi Gozlan (Twitter link). Bobby Marks of ESPN (Twitter link) estimates Minnesota’s projected tax bill at $84MM, but that number is fluid depending on how the club fills out its roster.

As for the Spurs, after adding Stephon Castle with the No. 4 pick, they clearly weren’t in love with any of the prospects available to them at No. 8, opting instead to continue adding to their stockpile of future draft picks by acquiring a pair of assets far down the road with little to no protection.

Clearing the $6.28MM cap hold for the No. 8 pick from their books will put the Spurs in position to create additional cap room this summer.

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