Northwest Notes: Towns, Westbrook, Jazz, Trail Blazers

The Timberwolves were facing significant financial losses for the foreseeable future if they had kept the current roster together, league sources tell Brian Windhorst of ESPN. The need to unload Karl-Anthony Towns‘ contract is Minnesota’s primary motivation for agreeing to the trade that will send him to the Knicks.

Towns will earn $49.2MM this season as his four-year, $220MM extension kicks in. Windhorst points out that the front office gave him that deal in 2022 when it looked like he had established himself as the franchise cornerstone. That designation now belongs to Anthony Edwards, who increased the value of his own maximum-salary extension by $41MM by making the All-NBA team last season. Throw in Rudy Gobert, who will make $43.8MM this season and is almost certain to pick up his $46.7MM player option for 2025/26, and that’s already the core of a very expensive roster.

The financial uncertainties are accompanied by a dispute over who will ultimately own the team. Sources tell Windhorst that the group headed by Marc Lore and Alex Rodriguez has become confident it will prevail in the arbitration hearings set to begin November 4. They have lined up more than $900MM in escrow, Windhorst adds, with the support of former Google CEO Eric Schmidt and ex-New York City Mayor Michael Bloomberg.

Lore and Rodriguez plan to present more than $200MM in working capital, according to Windhorst’s sources, providing evidence that they can cover the final payment to current owner Glen Taylor and still handle the team’s projected deficits.

Windhorst points out that even if Lore and Rodriguez prevail in arbitration, they aren’t guaranteed to get the team. That will be decided in a vote by the NBA’s Board of Governors, many of whom may still be loyal to Taylor. Windhorst expects lawsuits to be filed no matter what the final decision is.

There’s more from the Northwest Division:

• New Nuggets guard Russell Westbrook suggested to reporters that he was misused by the Clippers last season, per Bennett Durando of The Denver Post. “To be honest, it was unique,” Westbrook said. “They just didn’t put me in a position to make it unique. I was in a position where I was playing not my position. And being able to be here, and coach (Michael) Malone allowing me to be able to use my speed, use my transition skill to be able to make other guys better, makes the game easy for everybody surrounding me. That’s what I love to do best.” Malone has raved about Westbrook’s work ethic and the example he sets for his young teammates, Durando adds.
• The Jazz were prepared for a major acquisition this summer, but they couldn’t find any suitable opportunities, according to Andy Larsen of The Salt Lake Tribune. “You guys have seen how things evolve in an offseason,” general manager Justin Zanik told reporters. “In this organization, we are extremely aggressive with pursuing any and all means necessary to make this a championship-caliber roster. When those opportunities come up, we’re ready for it. There weren’t any.”
• The quality of Milwaukee’s picks toward the end of this decade will determine how much value the Trail Blazers got in exchange for Damian Lillard, Aaron Fentress of The Oregonian states on the one-year anniversary of the trade. Portland has swap rights for the Bucks‘ first-round selections in 2028 and 2030, and will receive the most and least favorable among their own pick, Boston’s, and Milwaukee’s in 2029.