Timberwolves Rumors

Wolves Notes: Expectations, Payroll, Edwards, Towns, McDaniels

The Timberwolves are setting a higher bar for their success as they enter their 35th season in the league, with team president Tim Connelly expressing his desire to win a playoff series in front of reporters at media day earlier this month, Jon Krawczynski of The Athletic writes.

After pushing in all their chips for Rudy Gobert last season, the Wolves faced several bumps in the road, including an injury to Karl-Anthony Towns, struggles by their stars to adapt, and not being able to close out teams with losing records. Still, the Wolves ran it back and are looking to improve on a 42-40 season.

We like what we have. We’re bringing back pretty much the entire rotation. And we love our coaching staff,” Connelly said. “We love our core pieces and, fingers crossed, that the optimism is well placed.

The Wolves committed to their core, signing Anthony Edwards, Naz Reid and Jaden McDaniels to contract extensions and returning the top six players from their playoff rotation. As Krawczynski writes, there’s pressure for the Wolves to win now with a suddenly expensive and aging roster. Gobert and Towns will make $93MM next season, Edwards’ salary jumps from $13.5MM to, at minimum, $35.5MM, among other spikes in salary and Mike Conley‘s impending free agency.

There’s been a very loud mandate and risen bar about how we handle ourselves,” Connelly said. “It’s 82 games. There’s no BCS. We can’t take nights off. There were way too many nights last year when we just didn’t show up. But then against the elite teams, we showed what we’re capable of.

We have more from the Timberwolves:

  • Following the contract extensions the team completed this offseason, Chris Hine of the Star Tribune took a deeper look into Minnesota’s finances. As Hine explains, Edwards’ success will play a major role in the Timberwolves’ spending power looking forward because he can make up to $42.6MM if he makes an All-NBA team this season. Both Krawczynski and Hine note the Wolves are trending toward the second tax apron and that’s why there’s some speculation that the club might try and part with one of its large salaries by splitting it into multiple more palatable contracts, though that’s an issue for further down the road.
  • Everything the Wolves have said and done indicates they view Edwards as their No. 1 franchise piece, Hine writes in a separate piece. “Pretty much every decision we’re going to make moving forward is going to be with Ant paramount,” Connelly said in April. However, there’s still room for Towns to have a profound impact on this franchise’s future and this season will go a long way in determining the upside of the Towns and Edwards duo, Hine explains.
  • McDaniels is being listed as doubtful for the Wolves’ Saturday game against the Heat, according to the team (Twitter link). He’s dealing with a left calf strain.

And-Ones: Extensions, Breakouts, B. Smith, Defenders

2023 set a record for rookie scale extensions, with 14 contracts signed before the October 23 deadline. Typically, rookie scale extensions go almost exclusively to stars or at least starters, but that wasn’t the case this year.

John Hollinger of The Athletic classifies it as a “middle-class revolution” with six players signing at or below the projected 2024/25 mid-level exception, and a couple others receiving slightly more than that. Several of those players come off the bench for their respective clubs.

As Hollinger writes, there are several reasons why both teams and players may have been motivated to reach new deals. For players, avoiding restricted free agency was surely a factor — Magic guard Cole Anthony and Hawks center Onyeka Okongwu recently said that was the case for them.

For teams, a salary cap that is projected to rise substantially in the coming years will help “water down” some of the contracts. Mid-sized contracts are also very useful for trade purposes, Hollinger observes, with free agency limitations likely a major consideration for the Celtics (Payton Pritchard) and Nuggets (Zeke Nnaji) due to their payrolls (both project to be over the second apron in ’24/25).

Here are a few more odds and ends from around the basketball world:

  • In another article for The Athletic, Hollinger lists 12 players he believes are primed for breakout seasons in 2023/24, with some fairly obvious choices and some under-the-radar picks as well. Nuggets guard Jamal Murray, Timberwolves guard Anthony Edwards, Warriors forward Jonathan Kuminga, Raptors forward Scottie Barnes and Hornets center Mark Williams are five of the players Hollinger thinks will see “big upticks in production.”
  • Former Cavaliers forward Bingo Smith has passed away at age 77, according to Tom Withers of The Associated Press. Smith played 10 season for Cleveland from 1970-80. Smith is still sixth in franchise history in points and fourth in games played, among other statistical marks. His No. 7 jersey hangs in the rafters as one of only seven players to have their number retired, Withers adds. “Bingo was always a giving teammate and one of the most fierce competitors I ever played with,” said former Cavs star and current broadcaster Austin Carr. “This is truly a sad moment in our franchise history and my heart goes out to his family.”
  • Jon Krawczynski and Josh Robbins of The Athletic ran an anonymous poll to see which players coaches identify as the best defenders in the NBA. Celtics guard Jrue Holiday was the only unanimous choice for first-team All-Defense, receiving all 12 votes. The remaining spots were filled by Jaren Jackson Jr. (forward), Brook Lopez (center), Alex Caruso (guard), OG Anunoby, and Draymond Green (the latter two tied for the second forward spot). Holiday was also third in the survey’s Defensive Player of the Year voting behind Jackson and Lopez, who finished first and second for the actual award last season. Evan Mobley, who was third in DPOY media voting last season and named first-team All-Defense, finished sixth in DPOY voting in The Athletic’s coaches poll and was second-team All-Defense.

Wolves Exercise 2024/25 Team Option On Wendell Moore Jr.

The Timberwolves have picked up their third-year team option on second-year wing Wendell Moore Jr., the team announced in a press release.

Moore, the 26th overall pick in the 2022 draft out of Duke, will now have a guaranteed $2,537,040 salary in 2024/25. The Wolves will have until the end of October 2024 to decide if they want to pick up their fourth-year team option on Moore’s rookie scale contract for ’25/26.

The 22-year-old only appeared in 153 regular season minutes over 29 NBA games (5.3 MPG) as a rookie in ’22/23. He was not in Minnesota’s rotation for the team’s season opener on Wednesday.

Moore did receive some run in the G League for the Iowa Wolves last season, appearing in 13 total games (31.1 MPG) during the Showcase Cup and regular season. He averaged 18.8 PPG, 4.7 APG and 4.6 RPG on .451/.370/.793 shooting in those appearances.

Many teams have already made decisions on 2024/25 rookie scale team options this fall, with the deadline set for next Tuesday, October 31. However, some decisions are still outstanding. The full list can be found right here.

Northwest Notes: McDaniels, Simons, Henderson, Jazz

Timberwolves forward Jaden McDanielsfive-year, $131MM+ extension features an ascending structure, per ESPN’s Bobby Marks (Twitter link). McDaniels will make $22,586,207 in 2024/25, when the extension begins, and his salary will rise to $29,813,790 by ’27/28, the final season of the deal.

McDaniels’ extension also features a total of $5MM in bonuses that are currently considered unlikely. Those incentives are tied to making one of the two All-Defensive teams or winning Defensive Player of the Year, according to Marks.

As Chris Hine of The Star Tribune writes, McDaniels celebrated his new contract by eating a “whole basket” of breadsticks at Olive Garden.

I was just super excited and just happy that it was able to get done,” McDaniels said. “I just thank (president of basketball operations) Tim (Connelly) and all the owners for the opportunity and believing in me. It’s a life-changing thing. It’s hit me, but it hasn’t hit me all the way yet. I’m just excited to be able to stay here longer and continue to play as a Timberwolf.”

Unfortunately, McDaniels will miss Minnesota’s season opener on Wednesday in Toronto due to a left calf strain suffered in preseason, the Wolves announced in a press release. The 23-year-old is considered day-to-day with the injury.

Here’s more from the Northwest Division:

  • Anfernee Simons now has an esteemed spot in the Trail Blazers‘ locker room and it’s a position he doesn’t take for granted, he tells Jason Quick of The Athletic, who profiles the young guard’s journey to reach this point. “I don’t want to think too much about it, but at the same time, I have a sense for what it means,” Simons said. “Now I’m up in that pecking order, so there is a sense of confidence that comes with that.” Simons has taken on the challenge of becoming a better and more consistent defender in 2023/24, Quick writes.
  • Scoot Henderson, the third overall pick in June’s draft, has made an immediate impact on the Trail Blazers, and he has lofty goals for the future, according to Quick of The Athletic. “I’m on a different mission than anybody else,” Henderson said. “My mission is to create something huge here. Create something really special with the talent here, and the talent that hopefully stays, especially with the young group we have with Anfernee. I’m trying to build something special here.”
  • Oddsmakers have only given the Jazz a projected win total of 35.5 games this season, though 55.5% of our readers took the over on that figure. What will it take for them to reach the postseason? Tony Jones of The Athletic explores that topic, listing four things to watch for Utah to achieve that goal, including the emergence of a reliable point guard.
  • In a pair of similar articles for The Deseret News, Sarah Todd writes that 2023/24 should be viewed as a failure if the Jazz don’t at least make the play-in tournament. All-Star forward Lauri Markkanen has made it clear that he wants to reach the playoffs for the first time in his career, and CEO Danny Ainge is on board with that goal, according to Todd. “We want to be in the playoffs,” Ainge said on Tuesday. “Let’s get there. I want to be in the playoffs too, Lauri. Let’s go.”

Sixers Rumors: Embiid, Knicks, Harden, Morey, Smart

Teams around the NBA are paying close attention to how James Harden‘s stalemate with the Sixers gets resolved, since failing to extract a fair return for the former MVP could adversely affect the franchise’s relationship with its other former MVP, Joel Embiid. As Keith Pompey of The Philadelphia Inquirer details (subscription required), the division-rival Knicks are one team keeping an eye on the situation in Philadelphia.

Sources tell Pompey that acquiring Embiid would be the top priority for Knicks president Leon Rose if the star center becomes available and that New York would be willing to offer three of Julius Randle, RJ Barrett, Mitchell Robinson, and Evan Fournier, along with two or three first-round picks.

Pompey himself acknowledges that the Sixers would likely get stronger offers than that for Embiid and wouldn’t want to trade him to another Atlantic team anyway. It’s a moot point for now, since there’s no indication Embiid will be available for trade anytime soon.

Still, Pompey stresses that the way the 76ers settle the Harden standoff could have a ripple effect on their superstar center, and the Knicks aren’t the only team monitoring the situation to see what happens. Meanwhile, sources tell Stefan Bondy of The New York Post that Embiid is one of at least three potential star trade targets the Knicks are surveilling, along with Cavaliers guard Donovan Mitchell and Timberwolves big man Karl-Anthony Towns.

Here’s more on the Sixers:

  • As of Monday afternoon, it remained unclear “when and if” Harden plans to return to Philadelphia, ESPN’s Adrian Wojnarowski said on NBA Today (Twitter video link). “The organization has taken him at his word that he’s away on a personal matter, that there is something he has to attend to,” Wojnarowski said. “But how long will they do that is certainly a question.”
  • Wojnarowski suggests that if Harden still hasn’t reported back to the team by its regular season opener on Thursday, it’s possible the 76ers will seek ” more clarity and a timetable” for his return. They’d would be within their rights to fine him $390K for each missed game if they’re not satisfied with his answer, Woj adds.
  • Sixers head coach Nick Nurse said on Monday that he has been in touch with Harden during his absence, Pompey writes for The Philadelphia Inquirer. “I did reach out to him the other day … just to text like I would with anybody,” Nurse said. “See how he’s doing. See if he’s all right. He did text me back.” Nurse added that he didn’t get into the specifics of Harden’s potential return during his text exchange with the guard, since he “was just making sure he’s OK.”
  • Some people around the league who spoke to Steve Bulpett of Heavy.com don’t envy the spot the Sixers and Daryl Morey are in with Harden. One front office source speculated that Morey is “not going to survive this.” Another source who has been in contact with the Clippers and other teams told Bulpett, “Daryl’s trying to steal people in trades, and nobody’s going for it. First thing, Harden’s not the same guy he was three or four years ago, so his market’s not that great. And Morey’s trying to get so much, but he’s not going to get it.”
  • Javonte Smart, who had his Exhibit 10 contract converted to a two-way deal over the weekend, spoke to reporters on Monday about getting a regular season opportunity with the team (Twitter video link via Pompey). Smart indicated that if the Sixers want him to play primarily with the Delaware Blue Coats in the G League, he’ll view that as a chance to get regular playing time and to “get better.”

Three Players On Exhibit 9 Contracts Make Opening Night Rosters

As we explain in a glossary entry, Exhibit 9 contracts are generally handed out by NBA teams to players who will only be with the team during training camp and/or the preseason.

The Exhibit 9 clause protects the team in case the player suffers an injury before the season begins. In that scenario, the club wouldn’t have to pay him his full salary until he gets healthy enough to play — it would only have to pay a maximum lump sum of $15K when it waives the player.

While most Exhibit 9 signees were released in advance of the regular season, three NBA veterans who signed Exhibit 9 contracts survived the cut and made their respective teams’ regular season rosters. Here are those three players:

Note: Hornets guard Edmond Sumner was initially included in this list, but Charlotte waived him on Tuesday ahead of its season opener.

These three players will now be on one-year, minimum-salary contracts that will remain non-guaranteed until January 10. In order to secure their full-season salaries, they’ll have to stay under contract beyond January 7 (a player cut on Jan. 8 or 9 wouldn’t clear waivers prior to the league-wide salary guarantee date of Jan. 10).

As our list of non-guaranteed contracts by team shows, Arcidiacono, Giles, and Stevens are three of the 31 players on standard deals whose salaries for the 2023/24 season aren’t fully guaranteed.

Several of these players will receive partial guarantees by remaining on rosters through the start of the regular season, and a few more have November or December trigger dates that will increase their guarantees. However, none of those 31 players will lock in their full salary until Jan. 10.

Here are a few more items of interest about the NBA’s opening night rosters for ’23/24, per ESPN’s Bobby Marks (Twitter link):

  • The Spurs have the NBA’s youngest roster, while the Clippers have the oldest.
  • Players are earning a combined total salary of $4.8 billion for the 2023/24 season. The Celtics, Nuggets, Warriors, Clippers, Lakers, Heat, Bucks, Pelicans, Sixers, and Suns are the biggest contributors to that pool, as they’re all currently over the luxury tax line.
  • As our roster counts page shows, there are 12 open spots on standard 15-man rosters around the NBA. Those openings belong to the Celtics, Bulls, Cavaliers, Pistons, Warriors (two), Lakers, Heat, Timberwolves, Pelicans, Trail Blazers, and Kings.
  • The Nets and the Suns are the only two teams that haven’t filled all three of their two-way slots, as our tracker shows. They’re each carrying a pair of two-way players, meaning 88 of the 90 spots around the league are occupied.

Wolves Sign Jaden McDaniels To Five-Year Extension

5:18pm: The Timberwolves have officially announced McDaniels’ extension, issuing a press release to confirm the deal.


2:53pm: McDaniels’ new deal will actually be worth $131MM, with another $5MM available via incentives that are currently considered unlikely, tweets Bobby Marks of ESPN.


1:20pm: The Timberwolves and forward Jaden McDaniels are in agreement on a five-year rookie scale extension worth $136MM, agents Nima Namakian and Bill Duffy tell Shams Charania and Jon Krawczynski of The Athletic (Twitter link).

As Charania notes (via Twitter), by agreeing to give McDaniels a significant contract extension, the Wolves project to be a taxpayer starting in 2024/25, which is when the new deal kicks in. Minnesota hasn’t been a taxpaying team in almost 20 years, Charania adds.

McDaniels will make $3.9MM this season in the final year of his rookie contract.

ESPN’s Zach Lowe recently said on his Lowe Post podcast that the five-year, $135MM+ extension that Spurs wing Devin Vassell signed threw a “grenade” into some other rookie scale extension negotiations around the NBA, including McDaniels’ talks.

While Lowe believed that McDaniels would be warranted in seeking an annual salary of at least $30MM per year, his ESPN colleague Bobby Marks suggested that an extension worth in the neighborhood of $134MM over five years (just below Vassell’s deal) might make sense for both the player and the team. Marks turned out to be almost exactly right.

When I covered McDaniels’ extension candidacy in late June, I projected he could get about $25MM annually. If the deal is fully guaranteed, he’ll make a couple million per year more than that.

The 23-year-old is one of the top wing defenders in the league. He’s coming off a career year in which he averaged 12.1 PPG, 3.9 RPG, 1.9 APG, 0.9 SPG and 1.0 BPG on .517/.398/.736 shooting in 79 games, all starts (30.6 MPG). McDaniels also posted a career-best 58.8% two-point percentage in ’22/23, with a major leap in scoring efficiency (61.1% True Shooting percentage, vs. 55.2% and 55.3% in his previous two seasons).

Darren Wolfson of 5 Eyewitness News and Skor North was speaking to Wolves owner Glen Taylor on Monday and he said a deal would be completed prior to the 5:00 p.m. CT deadline (Twitter link). Taylor also said the Wolves were able to lower McDaniels’ asking price, with Vassell’s contract cited in talks, according to Wolfson.

McDaniels is the 11th former first-round pick to agree to a rookie scale extension this offseason, tying the record of the past two years. The full list of players who have signed new deals — as well as those who remain eligible — can be found right here.

Extension Rumors: McDaniels, P. Williams, Bey, Mann, J. Green

The five-year deal that Devin Vassell signed with San Antonio, which will be worth at least $135MM, plus incentives, threw a “grenade” into some other rookie scale extension negotiations around the NBA, ESPN’s Zach Lowe said on the latest episode of his Lowe Post podcast.

However, even before word of Vassell’s extension broke, Lowe had heard that Timberwolves forward Jaden McDaniels was seeking a “large amount of money” on a potential new deal with Minnesota. Lowe believes that McDaniels is in position to command a significant payday.

“If I’m Jaden McDaniels, I’m saying, ‘That dude (Vassell) got ($135MM+) playing 38 games on a s—t team with no stakes?'” Lowe said. “‘I didn’t average 18-and-a-half (points) per game, but I shot it well from three. I’m already an All-Defense-level player. You guys – Minnesota, all you people I’m negotiating with, the brass – expressed outrage that I didn’t make an All-Defensive team, so you obviously agree that I’m one of the 10 best defensive players in the NBA.

“Yeah, I punched a wall, sorry. (But) I’m essential to your team in a critical two- or three-year period. I’m a winning three-and-D player, and watch me do a little bit more with the ball this year. Pay up. Pay up.'”

While Lowe thinks that McDaniels would be warranted in seeking an annual salary of at least $30MM per year, his ESPN colleague Bobby Marks suggested that an extension worth in the neighborhood of $134MM over five years (just below Vassell’s deal) might make sense for both the player and the team.

Here are a few more notes on possible extension candidates around the NBA:

  • Bulls forward Patrick Williams, who is eligible for a rookie scale extension, is one player whose asking price may be influenced by Vassell’s new contract, according to Lowe. “I’m hearing Patrick Williams wants big numbers. Like, starts with a two and isn’t two-zero kind of stuff,” Lowe said, expressing skepticism that Chicago will go anywhere near that high for the forward. “… If that ends up being true and the Vassell deal ends up being the comp that his agents go to – which is what I would do if I were them – that’s a lot of cheese. Go to restricted free agency and get it.”
  • Here’s what Lowe had to say on the Hawks‘ rookie scale extension negotiations with forward Saddiq Bey: “$18 to $20 (million per year) is an interesting conversation with Saddiq Bey, because it’s enough above the mid-level that he’s got to think about it. I’ve heard those negotiations have not been going great. I don’t think Atlanta’s gotten to that level yet.”
  • Terance Mann, who is in the first season of a two-year, $22MM extension he signed with the Clippers in 2021, will be eligible to sign a new deal up until Monday, but he told reporters on Saturday that a preseason extension is “not happening” (Twitter link via Justin Russo). Mann will be extension-eligible again next offseason, so there’s no rush for either side to get something done now. Of course, it’s also worth noting that the 27-year-old – whose inclusion has been a sticking point in the James Harden trade talks between L.A. and Philadelphia – would be ineligible to be dealt this season if he signs an extension with a raise exceeding 5%.
  • The Mavericks and wing Josh Green continue to discuss a possible rookie scale extension ahead of Monday’s deadline, league sources tell Marc Stein (Twitter link).

Northwest Notes: NAW, Reid, Brogdon, Agbaji, Nuggets

In his first foray in free agency, former first-round pick Nickeil Alexander-Walker decided to re-sign with the Timberwolves on a two-year, $9MM deal. Alexander-Walker had bounced around the league in his first four seasons, playing for New Orleans and Utah before being traded to Minnesota in February (he was technically on Portland for one day in ’21/22 as well).

The 25-year-old wing had a strong summer, helping Canada win a bronze medal at the World Cup, and he’s ready to show he’s more than just a defensive specialist, according to Chris Hine of The Star Tribune (subscriber link).

My mentality, now more than ever, has been right,” Alexander-Walker said. “… I’m doing the right things, and I know that these guys are behind me and I’m in a position that I have support and trust and opportunity.”

As Hine writes, Alexander-Walker has been a fill-in starter during preseason with Anthony Edwards and Jaden McDaniels missing time due to injuries. That’s an indication that he’ll be a rotation regular once the 2023/24 season begins, and a “less is more” approach on offense could be the key to staying on the court.

When he first came into the league … he wanted to always play with the dribble, go somewhere and try to do things, and he got himself in trouble doing that at times,” head coach Chris Finch said. “But now he uses his shooting. He’s a high-level shooter. Has a great high release so he can always get it off on people. Now, he’s using that to set up the rest of his game, which is really smart.”

Here’s more from the Northwest:

  • The Timberwolves need to find the best way to optimize big man Naz Reid after signing him to a three-year, $42MM extension before he hit free agency. As Jon Krawczynski of The Athletic details, Minnesota plans to use Reid primarily at power forward in ’23/24, which is a change — he has mostly played center to this point in his career. However, the early returns have been promising, per Krawczynski. “Right before Naz got hurt (he broke his left wrist at the end of the ’22/23 regular season), I thought he found his groove at the 4, really found out what that looked like,” Finch said. “Now, defensively, he’s got to get better and better there, and we’re going to have to help him with some schemes and stuff like that. I think this is all about trying to get your best players on the floor, and he’s clearly in our top eight players.”
  • Trail Blazers guard Malcolm Brogdon, who was dealt to Portland from Boston in the Jrue Holiday trade, says he has no issues coming off the bench again in ’23/24, tweets Sean Highkin of The Rose Garden Report. “I think it’s honestly important for Scoot (Henderson) to get this experience, starting,” Brogdon said. “He’s going to be the franchise player going forward, so he has to be invested in and given that opportunity.” Brogdon won Sixth Man of the Year last season with the Celtics.
  • Jazz head coach Will Hardy wants Ochai Agbaji to focus on improving defensively in ’23/24, particularly on the ball, writes Sarah Todd of The Deseret News. “I would like to see him take another step forward in terms of his isolation defense,” Hardy said of the second-year wing. “Guarding the ball in a pick-and-roll and navigating those screens is a skill and it takes a certain type of athleticism.” The Jazz have until October 31 to exercise their third-year option on Agbaji’s rookie scale contract.
  • Bennett Durando of The Denver Post lists five reasons why the Nuggets will repeat as NBA champions this season — and five reasons why they won’t.

Timberwolves Sign, Waive Brian Bowen II, Javonte Cooke

12:04pm: As expected, Bowen and Cooke have been waived, the Timberwolves announced (via Twitter).


10:22am: The Timberwolves have added a pair of players to their preseason roster, announcing in a press release that forward Brian Bowen II and guard Javonte Cooke have signed with the team.

The Wolves didn’t specify the terms of the deals, but in all likelihood, they’re Exhibit 10 contracts, designed to get Bowen and Cooke bonuses worth up to $75K if they report to the Iowa Wolves and then spend at least 60 days with Minnesota’s G League team. Barring something unexpected, the two players are good bets to be cut later today.

Bowen, who played for Minnesota’s Summer League team in July, has some NBA experience, having appeared in 12 games for Indiana from 2019-21. The 25-year-old played for Iowa in 2021/22, averaging 14.9 points and 8.6 rebounds in 32.1 minutes per game across 27 appearances, with a shooting line of .452/.280/.785.

Cooke, 24, went undrafted last year out of Winston-Salem State and spent his first professional season playing for Iowa. In 41 games (19.4 MPG) with the Timberwolves’ NBAGL team, he averaged 7.5 PPG, 2.8 RPG, and 1.6 APG on .424/.319/.650 shooting. His agreement with Minnesota was initially reported in September.

The T-Wolves’ roster consists, for the time being, of 19 players.