Minnesota Timberwolves Rumors | Hoops Rumors

A-Rod, Lore Approved By Board Of Governors, Join Wolves Ownership Group

July 21st, 2021 at 1:21pm CST by Luke Adams

JULY 21: Rodriguez and Lore have officially closed their deal to assume control of 20% of the Wolves and the succession plan is now underway, tweets Jon Krawczynski of The Athletic. The team put out a press release formally welcoming A-Rod and Lore to the ownership group.

JULY 20: The NBA’s Board of Governors conducted a vote today to formally approve Alex Rodriguez and Marc Lore as minority shareholders in the Timberwolves, reports ESPN’s Adrian Wojnarowski (Twitter link).

Rodriguez and Lore reached an agreement with current Wolves owner Glen Taylor that will see the duo eventually take majority control of the franchise, but that won’t happen right away. The succession plan A-Rod and Lore negotiated with Taylor calls for the new owners to take the reins by the 2023/24 season.

Given that arrangement, the league’s Board of Governors only needed to approve Rodriguez and Lore as limited partners for the time being. Once it’s time for majority control to change hands in 2023, another vote will be required, and there’s no reason to believe the new owners won’t be approved at that time.

Rodriguez was a 14-time All-Star as an MLB player, winning three MVP awards in 2003, 2005, and 2007, along with a title in 2009. Since retiring from baseball in 2016, A-Rod has become an entrepreneur and media star. His investments include fitness gyms, coconut water, e-sports, Fanatics, and a digital delivery service called goPuff.

Lore began his fortune with Quidsi, which sold to Amazon for $545MM in 2021, and later founded Jet.com, which Walmart bought for $3.3 billion in 2016. He served as Walmart’s eCommerce chief from 2016-21 before stepping down from that position earlier this year.

Rodriguez and Lore are said to be equal partners in the purchase, which also includes the WNBA’s Minnesota Lynx.

Juan Hernangomez On Spain's Olympic Roster

July 20th, 2021 at 8:26am CST by Luke Adams

When Juan Hernangomez dislocated his left shoulder earlier this month, it appeared to end his chances of playing for Spain at the Tokyo Olympics. However, Spain’s final 12-man roster for the games includes the Timberwolves forward, a signal that Hernangomez’s injury isn’t as serious as initially believed. Tim Reynolds of The Associated Press has the story.

Eight Current NBA Players On Nigeria’s 12-Man Olympic Roster

July 19th, 2021 at 3:55pm CST by Luke Adams

After making some noise in the exhibition schedule by upsetting Team USA, Nigeria will be looking to become the first African men’s basketball team to win an Olympic medal. And they’ll be doing so with a roster that features eight current NBA players, along with one former NBA player.

Here’s the 12-man squad that will represent Nigeria at the Tokyo games, per the Nigeria Basketball Federation (Twitter link):

Precious Achiuwa (Heat)
Caleb Agada
Obi Emegano
Chimezie Metu (Kings)
Ike Nwamu
Jordan Nwora (Bucks)
Jahlil Okafor (Pistons)
Josh Okogie (Timberwolves)
KZ Okpala (Heat)
Miye Oni (Jazz)
Ekpe Udoh
Gabe Vincent (Heat)

Achiuwa, Nwora, Okafor, Okogie, and Okpala are all on guaranteed contracts for next season with their respective teams. Metu and Oni are on non-guaranteed deals, while Vincent will be eligible for restricted free agency after finishing the season on a two-way pact. Udoh, a former sixth overall pick who just finalized a two-year deal with Italian club Virtus Bologna, has appeared in a total of 400 NBA games (regular season and postseason)

While the Nigerian squad isn’t exactly loaded with star power, it’s worth highlighting since it’s rare for any country besides Team USA to send so many current NBA players to the Olympics.

Australia’s team will have seven players who finished the season on NBA rosters, while Spain’s roster features 10 players with at least some NBA experience. But the U.S. team is the only other one in Tokyo that will feature at least eight current NBAers.

And-Ones: COVID-19 Testing, Female Coaches, White, Hilliard, A-Rod

July 14th, 2021 at 8:05pm CST by Dana Gauruder

All of the players in the Finals have been tested daily for COVID-19 and none of them have returned a confirmed positive test since July 7, the NBA announced today (via Twitter). Outside of Chris Paul early in the postseason, no player has returned a positive test since the playoffs began.

We have more from around the basketball world:

NBA players are increasingly open-minded about female coaches, but front offices remain reluctant to give one of them a shot as a head coach, according to Thuc Nhi Nguyen of the Los Angeles Times. There’s increasing pressure on the league to give Spurs assistant Becky Hammon — a finalist for the Trail Blazers job — a chance to be a head coach, but GMs in a risk-averse league keep finding reasons to pass on her and other female candidates. Having more female executives around the league could change those perceptions, Nguyen adds.
Former NBA big man Okaro White has signed to play with Greece’s Panathinaikos next season, Alessandro Maggi of Sportando relays. White played in Russia last season. He appeared in 41 games for the Heat in 2016-18 and saw action in three games with the Wizards in 2018/19.
Former NBA guard Darrun Hilliard has agreed to terms with Germany’s Bayern Munich, Emiliano Carchia of Sportando tweets. Hilliard appeared in 77 Pistons games from 2015-17 after getting drafted in the second round. He also played 14 games for the Spurs during the 2017/18 season.
Timberwolves buyers Alex Rodriguez and Marc Lore met with the league’s Finance Committee this week, Chris Hine of the Minneapolis Star Tribune writes. It’s part of the process to receive league approval for their first 20% purchase of the team. They will make multiple purchases of the franchise over the next few years until they become the controlling owners. The sale agreement was reached in mid-May. The Finance Committee is expected to recommend to the NBA’s Board of Governors that it approves the first sale.

Fischer’s Latest: Collins, Schröder, Lowry, Green, Tucker, Dinwiddie, Oubre

July 14th, 2021 at 12:56pm CST by Arthur Hill

Sign-and-trade deals are expected to be plentiful this summer and the largest one could involve Hawks forward John Collins, writes Jake Fischer of Bleacher Report. Most contenders have limited cap flexibility, so league insiders are expecting the sign-and-trade option to be used with several of the top free agents.

Collins, a restricted free agent, could be on the move because of the perception that Atlanta doesn’t view him as a max player. Team owner Tony Ressler said last week that the team is hoping to reach a “fair agreement” with Collins, which raises questions about how high the Hawks would be willing to go to match an offer.

League sources tell Fischer there will be a “sizable market” for Collins once free agency begins next month. The Mavericks have been considered a possible destination for some time, and the Timberwolves are another team to watch, according to Fischer.

He shares some more rumors involving potential sign-and-trades:

Dennis Schröder turned down a four-year, $84MM extension offer from the Lakers and is expected to be on the move this summer. Fischer notes that Schröder wants a bigger salary and a larger role in the offense, but he’s not likely to get either in L.A. The Bulls and Knicks are expected to have interest in the veteran point guard, according to league sources, and a sign-and-trade is the Lakers’ best opportunity to add talent this offseason. L.A. will also continue to see what it can get in return for Kyle Kuzma, Fischer adds.
The Sixers remain interested in Raptors guard Kyle Lowry and he’s believed to welcome the chance to play for his hometown team. Several contenders will have their eyes on Philadelphia guard Danny Green, who represents another sign-and-trade opportunity.
Giving P.J. Tucker a new deal with the $12MM average salary he asked for in Houston would push the Bucks over the tax apron. Fischer states that the Nets have been interested in Tucker since they started negotiating the James Harden trade, and the Heat expressed interest as well when they talked to the Rockets about Victor Oladipo. Fischer identifies the Lakers, Warriors, Nuggets and Jazz as other teams to watch, along with the Timberwolves, who are led by former Houston executive Gersson Rosas and have been trying to acquire Tucker since the 2020 draft.
Nets guard Spencer Dinwiddie and Warriors forward Kelly Oubre are two other potential names on the sign-and-trade market, according to Fischer. Sources say Brooklyn kept Dinwiddie past the trade deadline so he could be a potential sign-and-trade asset, while Oubre offers a chance for tax-strapped Golden State to pick up talent. Fischer names the Mavericks, Knicks and Heat as teams that would be interested in both players.

Northwest Notes: Jazz, Barton, Edwards, Nuggets Workouts

July 13th, 2021 at 6:03pm CST by Eli Cohen

Keeping Mike Conley is a top priority for the Jazz, writes Tony Jones of The Athletic in his off-season primer, but there are plenty of other questions beyond that facing this year’s No. 1 seed in the West.

One such question will be if the Jazz can hit on the 30th pick in the draft. While it’s not historically a wellspring for players who can help a team with championship ambitions, this is a deep draft and there are plenty of examples of success stories at that spot, such as Jimmy Butler, Kevin Porter Jr.., Kevon Looney, and Kyle Anderson, among others.

There’s also the question of their current young players on the roster. Though Donovan Mitchell is the only young player who is a member of the team’s core, the Jazz will have to decide which other youngsters they keep and try to develop, and which they let go.

We have more from around the Northwest Division:

Will Barton of the Nuggets was cagey about the topic of his impending player option deadline and whether he’ll look to enter free agency, writes Mike Singer of The Denver Post. “Being appreciated,” Barton said of what he’s looking for in free agency. “Team knowing my value. Of course, an important role. Just the right situation. I want to win.” Barton will have to decide whether he picks up his $14.6MM player option by July 17.
The Timberwolves have brought Anthony Edwards back to Minnesota for an injury evaluation, reports Christina Long of The Star Tribune. Edwards was among the players chosen to practice with Team USA as part of the Select Team, but was seen limping off the floor last week. A Star Tribune source reports that the injury is non-knee related, and is a sprain.
The Nuggets held a workout for six draft prospects yesterday, tweets Mike Singer: Josh Christopher, Quentin Grimes, Jason Preston, Duane Washington, Jordan Goodman, and Matt Coleman. Of the six, Christopher and Grimes are the highest-ranked, and either one could potentially be in play when the Nuggets are on the board with the 26th pick.

Sixers Have Engaged In Ben Simmons Trade Talks

July 13th, 2021 at 1:07pm CST by Luke Adams

1:07pm: In addition to Indiana and Minnesota, the Cavaliers and Kings are “known suitors” for Simmons, according to Marc Stein, who says the Raptors are also believed to have expressed interest.

9:42am: The Sixers have opened up discussions about a possible Ben Simmons trade and have engaged with teams, reports Shams Charania of The Athletic.

Following a disappointing postseason, there was a sense that Simmons’ value around the NBA may have dipped. However, sources tell Charania that the 76ers’ asking price in their trade talks has been high.

“(They) want an All-Star-caliber player in return,” one source told The Athletic.

Simmons’ reluctance to shoot and his struggles at the free throw line in the second round of the playoffs played a part in the Sixers getting eliminated earlier than expected by Atlanta.

However, the former No. 1 overall pick has a strong NBA résumé, including three All-Star berths and a runner-up finish in this year’s Defensive Player of the Year voting. He’ll be entering his age-25 season and is under contract for four more years — as Charania notes, that kind of team control is rare for a star player on the trade market. Leaguewide interest in Simmons continues to be “robust,” per The Athletic.

According to reports in recent weeks, the Timberwolves are among the teams expected to pursue Simmons, and the Pacers are believed to have made a trade offer.

The Sixers have suggested both publicly and privately that they’re comfortable working with Simmons on his shot this offseason and bringing him back in the fall. While that may be posturing, the team’s high asking price in talks so far indicates that president of basketball operations Daryl Morey won’t be looking to sell off the three-time All-Star at a discount rate.

For what it’s worth, Charania says Simmons appears to be exhibiting a “renewed determination” to improve and expand his game this summer. Whether he’ll play his next game as a member of the Sixers or another franchise remains to be seen.

Charania’s Latest: Collins, Rockets, E. Gordon, I. Todd, More

July 13th, 2021 at 11:27am CST by Luke Adams

John Collins‘ playoff averages of 13.9 points and 8.7 rebounds per game (in 32.0 MPG) don’t jump off the page. However, people around the NBA believe the Hawks big man bolstered his case for a maximum-salary type investment this offseason with his postseason performance, says Shams Charania of The Athletic. Collins played a key role in Atlanta winning two series as an underdog and getting to within two games of the NBA Finals.

Since Collins will be a restricted free agent, the Hawks will have the ability to either sign Collins to a new deal themselves or match any offer sheet he signs with another team. Still, the club has projected reluctance to go all the way up to max for the 23-year-old, so a rival suitor could put pressure on Atlanta’s ownership and front office by presenting an aggressive four-year offer. The Mavericks, Heat, Spurs, and Timberwolves are among the teams expected to display interest, sources tell Charania.

Here’s more from Charania:

The Rockets have been actively exploring ways to move up from No. 2 and acquire the Pistons‘ No. 1 pick, sources tell Charania. A report last week suggested Houston has been “fixated” on Cade Cunningham, the top prospect in this year’s draft class, while multiple reports have stated that Detroit likes Jalen Green and Evan Mobley, so it’s possible the two teams could be motivated to work something out.
The Rockets have also been discussing veteran guard Eric Gordon in trade scenarios, according to Charania. Gordon, who still has two guaranteed years left on his contract, would be a better fit on a win-now team than a rebuilding Houston squad.
Isaiah Todd, who played for the G League Ignite in 2020/21, is canceling draft workouts with teams late in the first round, including the Jazz, and is focusing on teams with lottery picks, says Charania. That seems awfully optimistic for a prospect ranked 47th overall on ESPN’s big board.
Villanova’s Jeremiah Robinson-Earl has been impressing teams, including the Pelicans, during the pre-draft process, per Charania. Robinson-Earl ranks 60th on ESPN’s board.

Olympic Notes: Johnson, Garland, Bey, Durant, Satoransky

July 10th, 2021 at 11:04am CST by Dana Gauruder

The Spurs’ Keldon Johnson, Cavaliers’ Darius Garland and Pistons’ Saddiq Bey will move up from the U.S. Select Team and play for Team USA in exhibition games, Shams Charania of The Athletic tweets.

The trio will fill in for Devin Booker, Jrue Holiday and Khris Middleton, who will join Team USA after the Finals. Johnson, Garland and Bey would be candidates to join Team USA for the Olympics if any players have to bow out.

Exhibition games in Las Vegas will begin on Saturday with a matchup against Nigeria.

We have more on the Olympics:

Select Team members Cameron Reynolds, Josh Magette, John Jenkins and Dakota Mathias will remain in Las Vegas and will be available for exhibition games, Brian Windhorst of ESPN writes. The pool of Select Team players has been reduced by injuries and COVID-19 protocols. Timberwolves big man Naz Reid suffered a minor injury in Thursday’s practice, Windhorst adds.
Nets superstar Kevin Durant will look to collect his third gold medal in Tokyo and he’s energized by that possibility, Brian Lewis of the New York Post writes. “I committed to USA Basketball when I was coming out of college,” Durant said. “And every chance that I can get that I’m healthy and my mind is in the right place to play basketball, I’m going to go out there and play. Finished the year off healthy, the regular season and the playoffs, so I felt it’d be cool to get a kickstart on next season by getting in shape a little earlier in the summer with Team USA.”
Bulls guard Zach LaVine will be facing backcourt partner Tomas Satoransky in Group A play and he’s looking forward to the matchup, Rob Schaefer of NBC Sports Chicago relays. Satoransky will play for the Czech Republic, which is in Team USA’s Group along with Iran and France. “I’m looking forward to playing them and having some bragging rights,” LaVine said good-naturedly. “Hopefully, we really kick their butt.”

Timberwolves Notes: Draft, Simmons, Sikka

July 9th, 2021 at 9:52pm CST by Dana Gauruder

The Timberwolves have traded away their picks in this month’s draft but they’re still preparing as if they’ll wind up participating, Chris Hine of the Minneapolis Star Tribune writes. They’re co-hosting pre-draft workouts this weekend with the Jazz.

“Just because we don’t have a pick on whatever day today is doesn’t mean we’re not going to have a pick on draft night,” team president of basketball operations Gersson Rosas said. “The worst thing you can do is be caught unprepared and we’re fortunate we have players on our roster that are valued by other teams. We have opportunities to jump in the draft at very strategic levels and that’s a testament to our players, the value they have around the league.”

We have more on the Timberwolves:

Rumors surfaced late last month that the team would explore a trade with the Sixers for Ben Simmons. Jon Krawczynski of The Athletic explores how Simmons might fit in and what it would take to bring him to Minnesota. The Timberwolves could match up salaries by including Ricky Rubio and Malik Beasley in a deal, but it’s likely Philadelphia would ask for D’Angelo Russell and/or future first-rounders, Krawczynski notes.
Robby Sikka has resigned from his position as the Wolves’ VP of basketball operations and wellness, Krawczynski writes in a separate story. Rosas hired Sikka two years ago to improve the team’s ability to stay healthy, revamp its player nutrition program and work with head athletic trainer Gregg Farnam to oversee the rehabilitation of injuries.
Forward Juan Hernangomez, who had been preparing to represent Spain in the Olympics, dislocated his left shoulder during an exhibition game and will miss the Tokyo games. Get the details here.