Timberwolves Rumors

Browns Owner Jimmy Haslam Exploring Bid For Timberwolves

Jimmy Haslam, the owner of the NFL’s Cleveland Browns, is the latest potential buyer to explore a bid for the Timberwolves, according to Scott Soshnick of Sportico.

When we last checked in on the possibility of a Timberwolves sale, former Grizzlies minority shareholder Daniel Straus was said to be in advanced discussions about a potential purchase. However, while The Straus Group did enter into exclusive talks to buy the Wolves, no agreement was reached by the time that window expired, according to Soshnick.

That doesn’t mean that Straus is out of the mix as a potential buyer — Soshnick hears that he remains in talks to potentially purchase the franchise. However, it does open the door for other bidders, such as Haslam, to enter the picture.

Haslam is the CEO of truck stop company Pilot Flying J. Multiple top executives of the company committed multi-million dollar fraud and were sentenced to jail time, but Haslam wasn’t charged as a result of that investigation and has denied any wrongdoing, Soshnick notes. Forbes estimates that the Browns owner is worth about $2.9 billion.

Haslam’s résumé as an NFL team owner likely won’t inspire much enthusiasm among Timberwolves fans — in seven full seasons since he assumed control of the Browns, the team has an overall record of 28-83-1, with no winning seasons and an 0-16 campaign (in 2017).

At least one previous report has indicated that current Timberwolves owner Glen Taylor is seeking an amount in the $1.2 billion range for the franchise. His WNBA club, the Minnesota Lynx, is expected to be part of any sale as well.

Rosas Expected To Explore All Options With No. 1 Pick

  • Within a deep dive into the Timberwolves‘ draft decisions and offseason plans, Sam Vecenie of The Athletic says sources around the NBA expect president of basketball operations Gersson Rosas to “work the phones” to gauge the value of the No. 1 pick on the trade market. As Vecenie explains, that doesn’t mean the Wolves will move the pick, but the expectation is that Rosas doesn’t have a set timeline in mind for the club’s rebuild and will look to get as much value as possible out of the selection, whether that means trading it or selecting a player.

Bulls Begin Interviewing Head Coaching Candidates

The Bulls‘ search for a new head coach is underway, according to ESPN’s Adrian Wojnarowski, who reports that the team has received permission to speak to a number of candidates and has begun conducting interviews.

Several candidates identified by Wojnarowski have been previously reported as potential targets for Chicago. That group includes former Nets coach Kenny Atkinson, Sixers assistant Ime Udoka, Nuggets assistant Wes Unseld Jr., Bucks assistant Darvin Ham, Mavericks assistant Stephen Silas, and Timberwolves associate head coach David Vanterpool.

In addition to those candidates, Wojnarowski reports that the Bulls have also been granted permission to talk to Mavericks assistant Jamahl Mosley and Heat assistant Dan Craig.

Finally, current Bulls assistants Chris Fleming and Roy Rogers – holdovers from Jim Boylen‘s staff who remain under contract – may receive consideration for the top job, according to Wojnarowski. K.C. Johnson of NBC Sports Chicago indicates that Fleming could have a role on the new staff if he isn’t promoted, since he has previously worked with Bulls executive VP Arturas Karnisovas in Denver and there’s a “trust factor” between the two men.

Following Boylen’s dismissal, Karnisovas suggested that Chicago is seeking a head coach who “puts the relationship with players first” and is “a good communicator.” The Bulls, who appear to be conducting a wide-ranging search, could be competing with the Pacers, Sixers, Nets, and Pelicans for certain candidates, since all of those clubs are also in the market for new head coaches.

While Karnisovas has said there’s no set timeline for finalizing a new hire, it will be interesting to see whether Chicago tries to have a new head coach in place for its organized offseason team activities, which are scheduled to take place from September 14 to October 6.

Community Shootaround: Timberwolves’ Pick

It’s been an emotional and gut-wrenching week in the NBA. That makes the draft lottery seem like a distant memory but in fact that annual event was conducted a little over a week ago.

The Timberwolves snared the top prize, though there’s no consensus on which player should go off the board first.

As we noted this week, Georgia freshman shooting guard Anthony Edwards would seem like a natural fit alongside D’Angelo Russell. He’s got the ability to be a prolific scorer and defender.

However, it’s not out of the question that the Timberwolves could go with point guard LaMelo Ball. The Thunder successfully juggled three point guards in their backcourt this season and the team they’re facing, the Rockets, has two ball-dominant guards in James Harden and Russell Westbrook.

Big man James Wiseman, who had a brief and controversial stint at Memphis, is generally considered the best big man on the board. Naturally, the Timberwolves’ best player is Karl-Anthony Towns and big man duos are increasingly being phased out in favor of small ball. Wiseman, though, might be too talented to pass up.

Minnesota could try to move down if another lottery team covets a certain player but that scenario seems less likely than in previous years. The Timberwolves could get bold and take a wild card such as Israeli forward Deni Avdija or Dayton’s Obi Toppin. Those reaches rarely pan out, with the 2013 draft a prime example (Anthony Bennett).

That brings us to our question of the day: If the Timberwolves hold onto the No. 1 pick, should they take Anthony Edwards, LaMelo Ball or James Wiseman? Or is there another prospect that should leapfrog that trio?

Please take to the comments section to weigh in on this topic. We look forward to your input.

Behind The Scenes Of Wolves Draft Lottery; Considerations For No. 1 Pick

Jon Krawczynski of The Athletic takes us behind the scenes of the NBA draft lottery that resulted in some more positive news for the Wolves’ 2020/21 season, as the team nabbed the No. 1 pick for the 2020 draft, currently scheduled for October 16. President of basketball operations Gersson Rosas expressed excitement about the team’s future prospects with the top pick on the horizon.

Despite ending the 2019/20 season with 2019 All-Stars Karl-Anthony Towns and D’Angelo Russell on the roster, the Timberwolves finished with a paltry 19-45 record, second-worst in the Western Conference and third-worst overall in the NBA.

  • The Timberwolves will still have several considerations to account for now that they have the No. 1 pick for the 2020 draft, according to Chris Hine of the Star Tribune. Rosas noted that, whether Minnesota retains the pick or trades it for a veteran asset, the team will be able to build around its two 24-year-old centerpieces and some exciting, inexpensive depth like defensive-oriented shooting guard Josh Okogie. “This No. 1 pick gives it another layer of value to find whether it’s the No. 2 or No. 3 guy,” Rosas said. “We’re not this organization that’s bare and is praying for a franchise pick, which I think gives us a different perspective as we go into this draft.” The most natural fit for Minnesota among the top prospects appears to be swingman Anthony Edwards of Georgia.

2020 NBA Offseason Preview: Minnesota Timberwolves

Hoops Rumors is previewing the 2020 offseason for all 30 NBA teams. We’re looking at the key questions facing each club, as well as the roster decisions they’ll have to make this fall. Today, we’re focusing on the Minnesota Timberwolves.


Salary Cap Outlook

The Timberwolves only have about $75MM in fully guaranteed money on their books for 2020/21 so far, so they could theoretically create some cap room. But after accounting for James Johnson‘s player option ($16MM), along with cap holds for Juan Hernangomez ($9.96MM), Malik Beasley ($8.2MM), and their first-round picks (likely about $12.7MM combined), that cap room is nonexistent.

Minnesota figures to enter the offseason as an over-the-cap team, with the full mid-level exception (about $9.3MM) and bi-annual exception ($3.6MM) available.

Our full salary cap preview for the Timberwolves can be found right here.


Roster Decisions To Watch

Options:

  • James Johnson, player option: $16,047,100 (Oct. 17 deadline)

Non-Guaranteed Contracts:

Two-Way Contracts:

Free Agents:

  • Evan Turner (Bird)
  • Malik Beasley (RFA; Bird)
  • Juan Hernangomez (RFA; Bird)

2020 Draft Assets

First Round:

  • No. 1 overall pick
  • No. 17 overall pick

The Timberwolves lucked out in the lottery, nabbing the first overall pick for the second time in the last six years. The Wolves will also receive the Nets’ first-round pick, which was lottery-protected but landed at No. 17.

Second Round:

  • No. 33 overall pick

Minnesota is the only team picking between Nos. 31-40 that didn’t trade its second-round pick. It falls at No. 33.


Three Key Offseason Questions

1. How will the Timberwolves use the No. 1 overall pick?

Having traded away their top-three protected 2021 first-round pick in February to acquire D’Angelo Russell, the Timberwolves may very well find themselves without a lottery selection a year from now. So securing the top pick in this year’s draft was a fortuitous turn of events for a franchise in need of a talent injection.

Unfortunately for president of basketball operations Gersson Rosas, there no Zion Williamson, Anthony Davis, or LeBron James at the top of the 2020 draft class. With no consensus No. 1 prospect and no players who are locks to become franchise cornerstones, Minnesota faces a tough decision with that first overall pick.

Drafting for need usually isn’t the right move anywhere in the lottery, let alone at No. 1, but with Russell and Karl-Anthony Towns installed as their obvious building blocks at the point and in the middle, the Timberwolves would have to feel pretty confident about the fit if they were to take another point guard like LaMelo Ball or another big man like James Wiseman.

Going in that direction isn’t out of the question. Jonathan Givony of ESPN projects the Wolves to select Ball at No. 1 in his latest mock draft, noting that the youngster’s size will make it easy to pair him with another guard. Givony acknowledges that a Ball/Russell backcourt might be a disaster defensively, but suggests that no player in this year’s class has more star power than Lonzo Ball‘s youngest brother.

There’s another player who is viewed as a candidate for No. 1 though, and he might be a better match for Minnesota: Anthony Edwards. The former Georgia shooting guard is a talented scorer and has the strength, length, and quickness necessary to develop into a lockdown defender, ESPN’s Mike Schmitz writes in his scouting report.

Given his obvious fit on the wing alongside Russell and Towns, Edwards looks like the safest pick for the Wolves at this point. But this draft figures to be an unpredictable one, so nothing can be ruled out yet. I could even see Rosas trading down, if another team wants to move up to nab a player who isn’t atop the Wolves’ board. Such a deal could be a way to replace the 2021 first-round pick Minnesota traded away earlier this year.

2. How much will RFAs Malik Beasley and Juan Hernangomez cost?

When they sent Robert Covington to Houston in a four-team deadline deal in February, the Timberwolves chose to flip Houston’s 2020 first-round pick to Denver in order to land Beasley and Hernangomez.

Neither player had been all that impressive in 2019/20 up until that point, having been buried in the Nuggets’ rotation. But they made the Wolves look good over the next 14 games, right up until the season was suspended. Hernangomez contributed a solid 12.9 PPG and 7.3 RPG on .453/.420/.609 shooting in 29.4 minutes per contest, while Beasley was even better, with 20.7 PPG and 5.1 RPG on .472/.426/.750 shooting in 33.1 MPG.

The duo’s success was a mixed blessing for the Wolves, who will now be tasked with retaining both players in restricted free agency. Part of the reason the Nuggets were willing to move on from Beasley and Hernangomez was an understanding that they probably wouldn’t be willing to pay to re-sign them, but Minnesota is under more pressure to do so in order to make sure they recoup solid value from the Covington trade.

Few teams have cap room available, and those that do may turn to other free agents rather than trying to pry a pair of promising young restricted free agents away from a rebuilding team. But the Wolves will still probably have to pony up if they want to secure Beasley and Hernangomez for the long term. It wouldn’t be a surprise if the duo ends up costing a combined $25MM+ per year.

If the Wolves are uneasy about the financial commitment it will take to lock up either player, the club could explore a sign-and-trade. Those were popular a year ago for RFAs who wanted to change teams, allowing their old clubs to acquire draft picks or other assets in return for declining to exercise their right of first refusal.

3. How will the impending sale of the team affect the Wolves going forward?

Longtime Timberwolves owner Glen Taylor confirmed last month that he was exploring a sale of the franchise, and there appears to be momentum for former Grizzlies minority stakeholder Daniel Straus to emerge as the club’s new controlling owner.

Whether the next owner is Straus or someone else, we don’t know much about how they would run an NBA team. The most pressing question, of course, would be whether the new owner would commit to keeping the team in Minnesota long-term, but it seems unlikely Taylor would sell to anyone not willing to do so.

Beyond that issue, there would be plenty of other questions to answer. How much would the new owner be willing to spend on players, coaches, and executives from year to year? Would they be patient with a rebuilding process or push to contend sooner rather than later? Would they want to have a hand in basketball matters at all? Would they want to make any leadership changes, perhaps replacing Rosas and/or head coach Ryan Saunders?

No fan wants its favorite team to be run by an owner who has a desire to cut costs or overrule the team’s top basketball experts on key roster decisions. If and when Taylor sells, it’ll be worth keeping a close eye on how the new ownership group adjusts to the job.

Information from Basketball Insiders and ESPN was used in the creation of this post. Photos courtesy of USA Today Sports Images.

New York Notes: Nets, Campazzo, Knicks’ Draft Options

Prior to Wednesday’s player boycott, Nets owners Clara Wu Tsai and Joe Tsai announced on Tuesday that they’re pledging $50MM to support social justice causes and economic mobility initiatives over the next 10 years. These initiatives are a part of a five-point plan, which will focus on Black, Indigenous, and People of Color communities in Brooklyn.

The Nets owners will also be working with the New York Liberty (WNBA) and Barclays Center to accomplish this plan of action.

“Joe and I are proud to present our statement of core principles and action plan as a continuation of our efforts to address racial injustice and economic inequality in our society,” said Clara Wu Tsai. “We plan to focus first on our organizations and our community in Brooklyn. We believe Barclays Center, the Nets, and the Liberty can be symbols of how we move forward together as a country. It is our hope to lead by example through supporting our athletes, employees, and our community in anti-racist and anti-discrimination work and providing the resources needed to accelerate change.”

Here’s more from the Big Apple:

  • In his latest mailbag, Marc Berman of The New York Post reports that the Knicks have scouted 29-year-old Argentinian point guard Facundo Campazzo and like his game. Berman notes that the former Real Madrid guard is ready to test the NBA’s waters this fall as a free agent. The Timberwolves, who have former Knick Pablo Prigioni on their coaching staff, are also among the teams interested in Campazzo.
  • Last week, the Knicks secured the eighth overall pick in the 2020 NBA draft, which is tentatively scheduled for October 16. One prospect who has support within the organization at No. 8 is Auburn’s Isaac Okoro, per Marc Berman of The New York Post. This season, the 6’6″ small forward averaged 12.8 PPG, 4.4 RPG, and 2.0 APG while shooting 51.4% from the field.
  • If the Knicks don’t take Okoro with the eighth overall selection in October’s draft, they could opt for Florida State’s Devin Vassell, who has some fans at Madison Square Garden, per Ian Begley of SNY. The 6’7″ guard left Tallahassee, Fla. after his sophomore season, where he posted 12.7 points, 5.1 rebounds, and 1.4 steals per game. He also shot 49% from the field and 41.5% from three-point range on 3.5 attempts per game.

Straus Closing In On Purchase Of Timberwolves

An investment group headed by former Grizzlies minority owner Daniel Straus is in advanced talks to buy the Timberwolves, The Athletic’s Jon Krawczynski and Shams Charania report.

The WNBA’s Minnesota Lynx would also be part of the deal. However, there are still a number of issues to be resolved before the sides reach an agreement.

The initial report about Timberwolves owner Glen Taylor mulling the sale of the team surfaced on July 21.

While a group that included former Wolves superstar Kevin Garnett was reportedly interested, the Straus Group has shown serious interest from the start. Its representatives visited the Twin Cities two weeks ago for official meetings, toured the team facilities and reviewed financial documents, according to The Athletic duo.

It entered an exclusivity agreement that expired last week. That didn’t slow the talks, though a handful of other groups were also initially interested in purchasing the team.

Garnett has not had formal discussions with Taylor during the process. Their relationship deteriorated over the years. Garnett referred to Taylor as a “snake” as recently as this spring.

Taylor reportedly wanted assurances that the franchise will remain in Minneapolis and Straus has made that pledge, The Athletic duo adds.

Draft Notes: Potential Trades, Warriors, Mock Drafts

Thursday’s lottery results could produce a wave of trades before draft day, writes John Hollinger of The Athletic. The former Grizzlies executive believes the Warriors, who landed the second overall selection, will try to swap the pick for more immediate help and lists the Hawks, Knicks, Wizards, Suns, Kings and possibly even the Timberwolves as other lottery teams that may be active on the trade market.

Hollinger proposes a couple of moves for Golden State, which also has a $17MM trade exception from last summer’s Andre Iguodala deal. He suggests offering the second pick to the Thunder for  Shai Gilgeous-Alexander or to the Hawks for John Collins, although Atlanta hopes to make the playoffs next season and may not be interested in dealing for the future.

Hollinger adds that the Knicks may want to package their picks at No. 8 and 27 to move up in the draft for one of the top point guards, the Wizards have incentive to improve quickly before Bradley Beal gets a chance to leave again and the Suns possess cap space to take on another player and have playoff aspirations after going undefeated in Orlando.

There’s more draft news to pass along:

  • Salary cap concerns may make it difficult for the Warriors to find an appealing deal, according to Kevin Pelton of ESPN. Counting its draft pick, Golden State already has more than $150MM in committed salary for next season, which puts the franchise far into the lottery tax, even if the threshold remains at this year’s figure of $132.7MM. Trading the No. 2 pick for a player with a $17MM salary could leave the Warriors with a record-setting $103MM tax bill and a total payroll of nearly $270MM.
  • The eight teams not in Orlando were relieved that the Grizzlies, Pelicans, Kings, Spurs, Suns and Wizards didn’t move up in Thursday’s lottery, notes Zach Lowe of ESPN. He cites resentment among some of the non-invited teams that they didn’t get a chance to form chemistry the way Phoenix did, and one general manager said it would have been “our worst nightmare” if any of those teams had jumped into the top four.
  • Georgia guard Anthony Edwards tops the latest mock draft released by Sam Vecenie of The Athletic. Most NBA executives agree that Edwards is a top-three prospect, Vecenie writes, and many think his physical tools give him the highest upside in this year’s class. LaMelo Ball is the No. 1 choice in a mock draft compiled by Jonathan Givony of ESPN.

2020 NBA Draft Picks By Team

In addition to claiming the top three spots in the 2020 NBA draft based on this year’s lottery results, the Timberwolves, Warriors, and Hornets are three of eight teams that will own more than two draft picks this fall.

As our full 2020 draft order shows, the Sixers lead the way with five picks, while the Kings, Pelicans, and Celtics have four apiece. Like Minnesota, Golden State, and Charlotte, the Knicks also hold three selections. On the other end of the spectrum, the Rockets are the only team without a 2020 draft pick.

To present a clearer picture of which teams are most – and least – stocked with picks for the 2020 NBA draft, we’ve rounded up all 60 picks by team in the space below. Let’s dive in…

Teams with more than two picks:

  • Philadelphia 76ers (5): 21, 34, 36, 49, 58
  • Sacramento Kings (4): 12, 35, 43, 52
  • New Orleans Pelicans (4): 13, 39, 42, 60
  • Boston Celtics (4): 14, 26, 30, 47
  • Minnesota Timberwolves (3): 1, 17, 33
  • Golden State Warriors (3): 2, 48, 51
  • Charlotte Hornets (3): 3, 32, 56
  • New York Knicks (3): 8, 27, 38

Teams with two picks:

  • Chicago Bulls: 4, 44
  • Atlanta Hawks: 6, 50
  • Washington Wizards: 9, 37
  • San Antonio Spurs: 11, 41
  • Orlando Magic: 15, 45
  • Portland Trail Blazers: 16, 46
  • Dallas Mavericks: 18, 31
  • Brooklyn Nets: 19, 55
  • Oklahoma City Thunder: 25, 53
  • Toronto Raptors: 29, 59

Teams with one pick:

  • Cleveland Cavaliers: 5
  • Detroit Pistons: 7
  • Phoenix Suns: 10
  • Miami Heat: 20
  • Denver Nuggets: 22
  • Utah Jazz: 23
  • Milwaukee Bucks: 24
  • Los Angeles Lakers: 28
  • Memphis Grizzlies: 40
  • Indiana Pacers: 54
  • Los Angeles Clippers: 57

Teams with no picks:

  • Houston Rockets