Minnesota Timberwolves Rumors | Hoops Rumors

Free Agency Notes: George, MCW, Booker, Parker

July 1st, 2018 at 3:46pm CST by ChrisCrouse

The Thunder and Paul George agreed to a four-year deal worth $137MM at the start of free agency and according to Adrian Wojnarowski of ESPN.com (Twitter link), the team will have the option to offer George an even bigger raise in two years.

Under the new CBA, the team can offer George an extension after the second anniversary of the deal, meaning PG13 can sign a four-year max deal in 2020 that locks him in for seven seasons. The total value of the potential seven-year pact would come in at an estimated $290MM based off of future salary cap projections.

The team’s ability to re-sign George was shocking to some, as many expected the 5-time All-Star to leave OKC for Los Angeles, a city he’s been linked to for quite some time. It’s possible that the team’s ability to offer the max extension at the halfway point of the four-year contract was part of George’s motivation to stick around, though that’s merely my speculation.

Here’s more from around the league:

The Rockets will meet with Michael Carter-Williams, league sources tell ESPN’s Zach Lowe (Twitter link). While Houston appears to be looking into ancillary parts for its team, the franchise hasn’t given up hope on pursuing LeBron James.
The Jazz and Pelicans have both expressed interest in Trevor Booker, Alex Kennedy of HoopsHype reports (Twitter link). The Wolves, Rockets, Knicks, and Spurs also have an eye on the big man.
The Bulls have interest in Jabari Parker, Kennedy tweets. Chicago is one of several teams expected to pursue the former No. 2 overall pick.
The Wolves are looking to sign Dante Cunningham, sources tell Chris Haynes of ESPN.com (Twitter link). Minnesota has eyes for a bevy of veteran free agents to fill it’s five open roster spots.

Free Agent Notes: Stephenson, Tolliver, McGee, O’Quinn

July 1st, 2018 at 11:50am CST by Arthur Hill

Plenty of teams will have interest in Lance Stephenson once the higher-profile free agents are signed, tweets Darren Wolfson of 5 Eyewitness News. The Pacers remain open to bringing back the 27-year-old swingman after declining their team option on him this week. Wolfson lists the Timberwolves, Knicks, Sixers and Lakers as other interested teams, but says there are more.

Stephenson appeared in all 82 games for Indiana this season, averaging 9.2 points per night. He would have made $4.36MM in 2018/19 if the Pacers had picked up his option.

There’s more free agent news to pass along:

Timberwolves coach/executive Tom Thibodeau has talked to Pistons free agent Anthony Tolliver, according to Wolfson (Twitter link). Tolliver shot 44% from 3-point range this season, and Minnesota sees him as a possible replacement for Jamal Crawford. The Wolves also like his locker room presence, which could be valuable if Cole Aldrich doesn’t come back.
JaVale McGee has said he wants to return to the Warriors, but he is also getting interest from the Lakers, Pelicans and Thunder, tweets TNT’s David Aldridge. Because of luxury tax concerns, Golden State is unlikely to offer more than a veteran’s minimum contract, while the other teams have more financial flexibility. McGee averaged 4.8 PPG and 2.6RPG this season, but his numbers rose after he became a starter after the All-Star break. This is the third straight summer of free agency for McGee, who has spent the past two seasons with the Warriors.
The new contract for Luke Kornet is a sign that Kyle O’Quinn won’t return to the Knicks, according to Marc Berman of The New York Post. He adds that the Sixers are showing “heavy interest” in O’Quinn, who spent the past three years in New York as a backup center.
The Knicks are hoping to re-sign Isaiah Hicks, who was on a two-way contract this season, tweets ESPN’s Ian Begley. New York gave him a qualifying offer last week, making him a free agent and giving the team the right to match any offer. Hicks appeared in 18 NBA games, averaging 4.4 points per night.
A scheduled meeting between Lakers guard Kentavious Caldwell-Pope and the Clippers has been moved from today to Monday, tweets Chris Haynes of ESPN.

Sixers Notes: Ennis, Ilyasova, Bird, Milton

July 1st, 2018 at 10:50am CST by Arthur Hill

The Sixers have their eyes on free agent forward James Ennis, tweets ESPN’s Ian Begley, but landing him won’t be easy. Detroit owns Early Bird rights on Ennis and has made re-signing him a priority.

Ennis, 28, came to the Pistons at the trade deadline after beginning the season in Memphis. He was a part-time starter in Detroit and averaged 7.5 points per game. He earned a little more than $3MM this season.

The Rockets and Nets have also expressed interest in Ennis, according to Begley. The Pelicans would also like to sign him, but the growing interest may push him outside their price range, adds Scott Kushner of The Advocate (Twitter link). Ennis played nine games in New Orleans at the end of the 2015/16 season.

There’s more from Philadelphia on the first day of free agency:

The Sixers talked to veteran forward Ersan Ilyasova about a return before he signed a three-year, $21MM deal with the Bucks, according to Gery Woelful of The Racine Journal Times (Twitter link). The Lakers, Timberwolves and Raptors were other options for Ilyasova.
The Sixers are among the teams showing interest in Celtics shooting guard Jabari Bird, tweets Gary Washburn of The Boston Globe, who adds that the Wolves are also considering an offer. Bird was a two-way player for Boston this season, appearing in 13 NBA games and averaging 3.0 points in 8.0 minutes per night. He was a big scorer for the Celtics’ G League affiliate in Maine, posting a 19.3/5.8/2.7 line in 20 games. Boston submitted a qualifying offer this week, making Bird a restricted free agent.
Second-round pick Shake Milton will be held out of summer league play because of a stress fracture in his back, reports Keith Pompey of The Philadelphia Inquirer. The team plans to re-evaluate him in three weeks. His injury occurred during pre-draft workouts.
Justin Anderson had surgery on his left leg due to recurring tibial stress syndrome, the team announced on its website. He will be re-evaluated in two weeks, then again in six to eight weeks. Anderson has spent the past season and a half in Philadelphia and appeared in 38 games this year.

Free Agent Rumors: LeBron, Capela, Pelicans, Hood

July 1st, 2018 at 1:59am CST by Luke Adams

While several key free agents – including Paul George and Chris Paul – reached agreements in the early hours of free agency, LeBron James wasn’t among that group. Still, there’s a little news on James.

According to ESPN’s Dave McMenamin (via Twitter), Cavaliers general manager Koby Altman spoke to both James and agent Rich Paul on the phone when free agency began. Joe Vardon of Cleveland.com first reported (via Twitter) that the discussion was expected to happen.

The specifics of that conversation aren’t known, but the Cavaliers are still believed to be in the mix to sign the summer’s top free agent, though the Lakers are widely considered favorites.

Here are a few more free agent updates from around the NBA:

The Rockets‘ front office will meet with Clint Capela and his representatives on Sunday in Los Angeles, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Capela figures to be Houston’s top priority in free agency now that the team has reached a deal with Chris Paul.
Pelicans GM Dell Demps has asked some of his current players to reach out to free agent Tyreke Evans about the possibility of returning to New Orleans, tweets John Martin of 92.9 ESPN. Evans would be a mid-level exception candidate for the Pels.
Rodney Hood received calls from approximately six teams early in free agency, sources tell Jordan Schultz of Yahoo Sports (Twitter link). Hood is a restricted free agent, so the Cavaliers can match any offer sheet he signs.
The Timberwolves, Rockets, Knicks, and Spurs have all shown interest in Trevor Booker, according to Alex Kennedy of HoopsHype, who tweets that a return to the Pacers is also still in play for the veteran forward.
Tyrone Wallace, who spent last season on a two-way contract with the Clippers, has generated interest from about a half-dozen teams, tweets ESPN’s Bobby Marks. Wallace received a qualifying offer from the Clips, who will be able to match any offer sheet he signs.

West FA Rumors: A. Johnson, Looney, Exum

July 1st, 2018 at 1:13am CST by Austin Kent

At least three Western Conference teams are said to have already contacted veteran big man Amir Johnson mere hours into free agency. Per Darren Wolfson of 5 Eyewitness News the Timberwolves have been in touch, while Sean Deveney of The Sporting News adds that the Clippers and Lakers have too.

This time last season, Johnson inked a one-year, $11MM deal to serve as a reliable, veteran presence in the middle for the Sixers and it stands to reason that any of the teams kicking the tires on him this time around would be interested in a similar addition.

Johnson averaged 4.6 points and 4.5 rebounds per game for Philly in 2017/18 but served as a defensive force in the paint and a low maintenance spot starter in games that Joel Embiid sat out.

There are more free agency rumors from around the Western Conference:

The Warriors have already made contact with Kevon Looney about bringing him back to the Bay Area, Mark Medina of The Mercury News writes, but the forward is said to be fielding interest from other teams as well. Golden State elected not to guarantee the fourth year of his rookie deal when they had the chance to do so last fall.
The Jazz are making restricted free agent Dante Exum a priority, Tony Jones of The Salt Lake Tribune tweets, and already have a meeting set up to discuss a new deal.
Pending restricted free agent Montrezl Harrell has changed representation, Liz Mullen of The Sports Business Journal tweets. Now the Clippers big man will be represented by Bobby Petriella of Rosenhaus Sports. He was previously represented by Klutch Sports Group.

Wolves Plan To Offer Jimmy Butler Contract Extension

July 1st, 2018 at 12:42am CST by Austin Kent

The Timberwolves plan to offer guard Jimmy Butler a contract extension in the four-year, $110MM range as soon as they’re eligible to do so, Marc Stein of The New York Times tweets. That, however, doesn’t mean that he’ll necessarily sign it.

Due to limitations of the contract extension scale in place, Butler would only be eligible sign for as much as $24.5MM in 2019/20. That mark falls well short of the projected first year of a max contract for a player with Butler’s service should he choose to enter free agency in 2019.

Butler will be 29 years old this time next year, with eight years of NBA experience. While the actual figures will change when the 2019/20 salary figures are released, he would be eligible to sign for north of $30MM based on this year’s figures and is still young enough to make a serious case for a full five-year deal.

Butler posted 22.2 points, 5.3 rebounds and 4.9 assists per game in his first season with the Timberwolves and emerged as a driving force behind Minnesota’s return to the postseason for the first time in 2004.

Timberwolves Waive Cole Aldrich

June 30th, 2018 at 2:50pm CST by clarkcrum

The Timberwolves have waived backup center Cole Aldrich, reports Adrian Wojnarowski of ESPN.

Aldrich’s $6.96MM contract, already guaranteed for $2.06MM, was scheduled to become fully guaranteed if Aldrich remained on Minnesota’s roster past today. Accordingly, the Wolves saved $4.9MM by cutting ties with Aldrich.

As Bobby Marks of ESPN notes, Minnesota will have the option to stretch the amount still owed to Aldrich over three years, which would open up an additional $1.37MM in cap room this summer.

Darren Wolfson of 5 Eyewitness News predicts that the Wolves will stretch Aldrich’s contract in order to avoid potential tax penalties should the team choose to use the full value of its MLE.

Aldrich, 29, averaged a career-low 0.6 PPG in only 21 games this past season. Throughout his eight-season career, he has averaged 3.1 points in 10.0 minutes per contest.

Club Will Be Shopping For Bargains

June 30th, 2018 at 11:55am CST by Dana Gauruder

Salary-cap issues will force the Timberwolves to be frugal in free agency, the Associated Press reports. They’ll have to find some players on the market willing to team-friendly deals, perhaps for the veteran’s minimum, to fill out the bench, the report adds.

Timberwolves Working Out James Nunnally

June 29th, 2018 at 8:42am CST by Luke Adams

Coming off a big EuroLeague season, James Nunnally is re-testing the NBA market, according to international basketball reporter David Pick, who tweets that Nunnally worked out for the Trail Blazers and will also get a look from the Timberwolves.

Nemanja Bjelica Receives QO From Timberwolves

June 28th, 2018 at 5:16pm CST by clarkcrum

The Timberwolves have issued a qualifying offer to forward Nemanja Bjelica, reports Jon Krawczynski of The Athletic. The move ensures that Bjelica will become a RFA this Sunday, giving Minnesota the right to match any offer he receives.

The move doesn’t come as a big surprise, with the team saying earlier this week that they were interested in bringing the reliable, 30-year-old veteran back to Minneapolis next season.

Bjelica, who averaged a career-high 6.8 points and 4.1 rebounds per game in 67 contests (21 starts) during the 2017/18 season, has a qualifying offer worth about $4.9MM after making just under $4MM last season.

As with any other restricted free agent, Bjelica now has the option of accepting his one-year qualifying offer, negotiating a new agreement with the Wolves, or securing an offer sheet from another team. In a separate tweet, Krawczynski adds that Bjelica is expected to test the market, and that Minnesota is already bracing for an offer that would be too pricey to match.

Bjelica was one of three Timberwolves’ players eligible for restricted free agency this season. The team has already opted not to extend a QO to Marcus Georges-Hunt and has until Saturday to make a decision on Amile Jefferson.