Minnesota Timberwolves Rumors | Hoops Rumors

Sale Agreement Doesn't Include 'Stay Put' Provision

May 31st, 2021 at 5:40pm CST by Dana Gauruder

A lawsuit filed by a limited partner regarding the agreement to sell the Timberwolves has revealed that there’s no language in the contract that prevents the team from being moved into a different market, as Jon Krawczynski of The Athletic details. The filing made in district court alleges that team owner Glen Taylor was in breach of contract because limited partner Meyer Orbach, who has a 17% stake in the team, was not given the opportunity to sell his shares before the agreement was completed.

Taylor has repeatedly said he wants the team to stay in Minneapolis. Sources told Krawczynski that Lore and Rodriguez are committed to the Twin Cities market and there haven’t been any discussions about moving the Timberwolves.

Shareholder Files Complaint Over Pending Sale Of Timberwolves

May 27th, 2021 at 8:46am CST by Arthur Hill

MAY 27: Taylor has issued the following statement, per Ian Begley of SNY.tv (Twitter link): “I am aware of the story published by ESPN and the litigation that has been filed. As a policy, we do not comment on pending legal matters. I stand by my prior statements and commitment to keeping the Timberwolves and Lynx in Minnesota.”

MAY 26: The Timberwolves‘ second largest shareholder has filed a legal complaint related to the pending sale of the team, according to Adrian Wojnarowski of ESPN.

Meyer Orbach filed the document today in U.S. District Court in Minneapolis, alleging that Glen Taylor‘s agreement with Marc Lore and Alex Rodriguez violates the franchise’s partnership agreement. The complaint charges that Taylor didn’t honor “tag along rights” that would give minority investors the opportunity to sell their interests in the team before Taylor does.

Orbach owns more than 17% of the Wolves and the WNBA’s Minnesota Lynx. He claims the “tag along” provision should be exercised immediately once the sale is finalized.

Lore and Rodriguez reached an agreement on May 13 to buy the Wolves for $1.5 billion, but the purchase won’t be official until the new owners receive approval from the NBA’s Board of Governors.

Orbach’s complaint reveals that Taylor didn’t include a provision in the sale agreement that would prohibit Lore and Rodriguez from moving the franchise away from Minnesota, Wojnarowski adds. Taylor has spoken frequently of his commitment to the area and his desire for the team to remain in place once he no longer owns it.

Instead, the agreement has a clause that would require the new owners to “present to the Advisory Board for discussion” any plan to take the franchise out of the Twin Cities market, Wojnarowski states. However, there is no language in the deal that expressly prohibits a move.

Northwest Notes: Rubio, Micic, Clarkson, Nuggets

May 26th, 2021 at 4:05pm CST by Luke Adams

When Ricky Rubio was acquired by the Timberwolves during the 2020 offseason, it was billed as a homecoming for a veteran point guard who began his NBA career in Minnesota. However, speaking to Jon Krawczynski of The Athletic, Rubio admitted that the unusual circumstances surrounding the 2020/21 season prevented him from really reconnecting with Wolves fans.

“It didn’t feel like I came back to Minnesota,” Rubio said. “That’s one of the things that hurts the most, being at Target Center and not being able to see real fans and feel the love they have had for me. It’s something that I missed.”

While Rubio should get the opportunity to be around fans in Minnesota next season, he’s entering a contract year and could be a candidate to be traded again this offseason if the Wolves want to shake up their roster. For his part, the Spaniard told Krawczynski that he’d love to remain with the team — as long as it keeps taking positive steps toward contention.

“I don’t want to be on a team where there is no direction, there is no hope we can really take the next step,” he said. “I believe we can take the next step and really be a solid playoff team. That’s why when I got traded to Minnesota I was excited. I thought this was the year. We wasted a year, but there is no more years to waste. If not, the rebuilding process is gonna start over again and I don’t think that’s a fun part to be a part of.”

Here’s more from around the Northwest:

Thunder draft-and-stash prospect Vasilije Micic has been voted the EuroLeague’s 2020/21 Most Valuable Player, the league announced on Wednesday. Micic, who averaged 16.3 PPG and 4.8 APG in 38 EuroLeague games for Anadolu Efes is a candidate to come stateside for the 2021/22 season.
As Sarah Todd of The Deseret News details, Jazz guard Jordan Clarkson was always reluctant to accept a bench role earlier in his NBA career, viewing it as a slight when he was removed from the starting lineup during his days with the Lakers. However, Clarkson has embraced his reserve role over the years and it paid off in a big way in 2020/21 with a Sixth Man of the Year award.
The Nuggets are increasing the capacity at Ball Arena to 10,500 fans, the team announced in a press release. Denver had previously been allowing an attendance of up to 7,750.

Key Offseason Questions Facing Timberwolves

May 24th, 2021 at 8:52am CST by Luke Adams

Jon Krawczynski of The Athletic identifies five challenges facing the Timberwolves as their offseason begins, including filling out Chris Finch‘s staff, addressing a hole in the frontcourt, and determining Malik Beasley‘s role going forward.

Front Office Has Built Solid Foundation

May 21st, 2021 at 9:50pm CST by Dana Gauruder

The Timberwolves have a solid starting five, regardless of how the draft lottery shakes out, Jim Souhan of the Minnesota Star Tribune writes. They also have some good young pieces on the bench and therefore they don’t need saviors, just more experience and growth, Souhan adds.

Towns Says He’d Like To Spend NBA Career “With One Team”

May 21st, 2021 at 9:24am CST by Luke Adams

Teams around the NBA are constantly monitoring superstars on lottery teams in case they become disgruntled and request a change of scenery. One player whose situation has drawn some attention in that regard is Karl-Anthony Towns, whose Timberwolves have made the postseason just once since he was drafted in 2015.

However, speaking to reporters this week, Towns said that he’d like to follow in the footsteps of players like Kobe Bryant and Tim Duncan, who spent their entire NBA careers with a single franchise.

“I hope to have a career like Kobe, with one team,” Towns said, per Shahbaz Khan of of Timberwolves.com. “Like Tim and Kobe, where it’s one team and try to bring as many championships as possible.”

Towns, who averaged 24.8 points and 10.6 rebounds per game in 50 contests (33.8 MPG) in 2020/21, acknowledged that there have been plenty of “rocky” patches during his six years in Minnesota, both on and off the court. However, he gave no indication that he’d like to move on from the team that selected him with the No. 1 overall pick in the 2015 draft.

“I just really am happy that I’m able to still be here playing for this amazing city and state and be able to stay here and affect change in the community,” Towns said. “I’m just so happy that I’ve been given a chance to play here in Minnesota all these years.”

Towns still has three guaranteed years on his maximum-salary deal beyond 2020/21. As such, president of basketball operations Gersson Rosas still has some time to work on building a team capable of contending before the 25-year-old has to make a decision on his next contract. However, with the Wolves set to lose their first-round pick either in 2021 (top-three protected) or 2022 (unprotected), Rosas will have to get creative as he considers possible avenues to upgrade the roster.

Finalists For Major 2020/21 NBA Awards Announced

May 20th, 2021 at 6:42pm CST by Alex Kirschenbaum

During a TNT broadcast ahead of tonight’s Wizards-Pacers play-in matchup, the finalists for six big end-of-season 2020/21 awards were announced. Here is the full list, as voted on by reporters.

NBA Most Valuable Player:

Stephen Curry (Warriors)
Joel Embiid (Sixers)
Nikola Jokic (Nuggets)

NBA Defensive Player of the Year:

Rudy Gobert (Jazz)
Draymond Green (Warriors)
Ben Simmons (Sixers)

NBA Rookie of the Year:

LaMelo Ball (Hornets)
Anthony Edwards (Timberwolves)
Tyrese Haliburton (Kings)

NBA Most Improved Player:

Jerami Grant (Pistons)
Michael Porter Jr. (Nuggets)
Julius Randle (Knicks)

NBA Sixth Man of the Year:

Jordan Clarkson (Jazz)
Joe Ingles (Jazz)
Derrick Rose (Knicks)

NBA Coach of the Year:

Quin Snyder (Jazz)
Tom Thibodeau (Knicks)
Monty Williams (Suns)

Some of these current contenders are familiar with the hardware they’re up for again. Curry is a two-time MVP, having won the award previously in 2015 and 2016. Gobert and Green have both previously won Defensive Player of the Year awards — Green in 2017 and Gobert in 2018 and 2019. Thibodeau was voted Coach of the Year a decade ago while with the Bulls.

The winners for the awards will be announced during the 2020/21 NBA playoffs.

Timberwolves Notes: Vanterpool, Gates, Edwards, Towns, McDaniels

May 18th, 2021 at 9:10pm CST by Dana Gauruder

Timberwolves associate head coach David Vanterpool as well as assistant Bryan Gates won’t return to Chris Finch’s staff next season, ESPN’s Adrian Wojnarowski tweets. Vanterpool and Gates were holdovers from Ryan Saunders‘ staff. Numerous players around the league openly questioned Minnesota’s decision to hire Finch away from the Raptors’ staff, instead of promoting minority candidate Vanterpool when Saunders was let go.

We have more on the Timberwolves:

Anthony Edwards could be “scary” good after a strong rookie season, president of basketball operations Gersson Rosas said this week, per Dave Campbell of The Associated Press. “He doesn’t know how good he is and, scary enough for us, we don’t know how good he is,” Rosas said. “You’re talking about a 19-year-old who’s late to the sport. It’s not always pretty, not always efficient, but the signs of greatness are there.”
Edwards expects the team to participate in the postseason next year, Kent Youngblood of the Minneapolis Star Tribune writes. “I’m ready to go to the playoffs,” he said. “I know this is my first year, but I just see how happy teams [are], knowing they’re going to play more basketball. So I want that feeling next year.”
Karl-Anthony Towns wants to make a point that he’s not concerned about sharing the spotlight with Edwards, according to Chris Hine of the Star Tribune. “He’s showed exactly why he’s the No. 1 pick and why he’s the Rookie of the Year,” Towns said. “So we’ve got to put our egos to the side at all times. We cannot let that get between us. We cannot let that be a story of amazing talents coming together and not making it work.”
The Wolves’ front office made a prudent choice with Jaden McDaniels at the No. 28 overall pick, Jon Krawczynski of The Athletic notes. McDaniels started regularly in the final 27 games of the season and showed great promise as a 3-and-D wing. Having productive players on low-cost contracts is necessary to keep the team’s core intact while still avoiding the luxury tax, Krawczynski adds.

Kings Notes: Walton, McNair, Finch, Fox

May 18th, 2021 at 8:03pm CST by Dana Gauruder

The news broke on Monday that Luke Walton would be retained as the Kings’ head coach. There has been speculation that the decision was, at least in part, financially motivated. He’s reportedly owed $11.5MM over the next two seasons.

However, GM Monte McNair downplayed that notion in his season-ending press conference, James Ham of NBC Sports Bay Area tweets. “I’ve been given every resource I need to get the team back to the playoffs and this was a basketball decision,” McNair said.

We have more on the Kings:

Walton’s job became much safer when the Timberwolves hired Raptors assistant Chris Finch as their head coach midway through the season, Sean Cunningham of KXTV Sacramento tweets. Numerous sources told Cunningham that Sacramento’s front office was interested in Finch, who previously worked with McNair in the Rockets’ organization. Walton maintained a strong relationship with the Kings’ front office and earned respect of the locker room, which also helped his cause, Cunningham adds.
De’Aaron Fox‘s bout with COVID-19 was a rough one, Jason Anderson of the Sacramento Bee tweets. Fox had a headache after the April 21st game against Minnesota and then body aches and chills the next night. He apparently wasn’t close to returning at the end of the season, but he says he’s feeling much better, Anderson adds.
Richaun Holmes is expected to be a hot commodity on the free agent market. Get the details here.

No Offseason Wrist Surgery Necessary For Towns

May 17th, 2021 at 11:40am CST by Luke Adams

Timberwolves big man Karl-Anthony Towns told reporters today that he won’t require offseason surgery on the wrist he dislocated at the start of the season, tweets Jon Krawczynski of The Athletic.
In a story for The Athletic, Krawczynski takes a deep dive into the long, winding path that Jarred Vanderbilt took to become an NBA regular for the first time this season. The Timberwolves forward, who had logged 120 total minutes in two NBA seasons entering 2020/21, started 30 of the 64 games he played this year, averaging 5.4 PPG and 5.8 RPG on 60.6% shooting in 17.8 minutes per contest.