Minnesota Timberwolves Rumors | Hoops Rumors

Contract Details: Sabonis, Middleton, VanVleet, Russell, Clark

July 10th, 2023 at 10:59pm CST by Dana Gauruder

The Kings’ renegotiation and extension of Domantas Sabonis‘ contract includes $203.6MM in guaranteed money, Michael Scotto of Hoops Hype tweets. The five-year deal also includes $13MM in incentives, raising its potential value to $216.6MM.

Sacramento used $8.6MM in cap room to give Sabonis a raise on next season’s salary – from $22MM to $30.6MM — then added four more years via the extension.

We have more contract-related notes:

Khris Middleton has a player option in the final season of his new three-year deal with the Bucks, Scotto tweets. As previously reported, his contract includes $93MM in guaranteed money and another $9MM in bonus incentives.
Fred VanVleet‘s huge three-year contract with the Rockets includes a 15% trade kicker, according to Blake Murphy of Sportsnet (Twitter link). The previously reported team option for the third year is valued at $44.89MM.
D’Angelo Russell‘s two-year contract with the Lakers is guaranteed for $36MM, Spotrac contributor Keith Smith tweets. The second season is a player option and Russell has $700K in incentives for both seasons. Additionally, Russell has waived his implied no-trade clause.
Jaylen Clark‘s two-way contract with the Timberwolves is a two-year deal, Smith tweets.
Leonard Miller‘s four-year, $8.3MM contract with the Timberwolves is guaranteed for the first two years, Scotto tweets. The third year is 50% guaranteed, and the fourth year is a team option.

Wolves Notes: Finch, Towns, Gobert, Edwards, Conley, Minott

July 9th, 2023 at 10:00am CST by Arthur Hill

Outside reviews of the Karl-Anthony Towns and Rudy Gobert pairing were mostly negative, but the Timberwolves saw enough potential that they haven’t tried to break up the experiment this summer. In an interview with Chris Hine of The Star Tribune, head coach Chris Finch talks about how he will approach the upcoming season with the two big men in his starting lineup.

“I think we have to be way more definitive with our spacing around Rudy in pick and roll and KAT in the post,” Finch said. “That gives you two anchor points. Maybe in general, just a little more structured two-big spacing. Both bigs having a purpose at the same time. Then, I think we got away from KAT being in the trail spot. I think we’ve got to get him back where he’s really destructive, which is playing at the top of the floor early in the offense. That’s just off the top of my head of the things that pop out, which I feel pretty confident about being able to firm that up.”

Finch also said Anthony Edwards needs to re-establish his pick-and-roll game with Towns, who missed a major portion of last season with a calf injury. Finch believes Edwards and Gobert developed good chemistry together, and he wants to see that same decisiveness when Edwards is running the pick and roll with Towns.

There’s more on the Timberwolves:

In the same interview, Finch said Mike Conley was able to upgrade the offense after being acquired in February, and he hopes to see even more progress this season. “I think the single biggest thing he can do for us that we weren’t able to maximize or figure out is to be that connective bridge between Ant, Rudy and KAT,” Finch said. “Make all the right plays and all the little plays that you don’t see, and help talk everybody through all these situations. He’s not wired to want to score all the time.”
Edwards will face a new level of pressure in the wake of his max extension, including the expectation of bringing an NBA title to Minnesota, observes La Velle E. Neal III of The Star Tribune. The deal also signifies that Edwards has replaced Towns as the face of the franchise, Neal adds.
After appearing in just 15 games as a rookie, Josh Minott is approaching Summer League in hopes of showing the Wolves he can handle a larger role, Hine adds in another Star Tribune story.“It’s just another opportunity to show the jump I’ve made, to show the work that I’ve been putting in over the summer,” Minott said. “Anybody can watch a workout, but I feel like it’s environments like this, environments like Summer League, where you see how much the work has translated and just how much you’ve gotten better.”

Second-Round Pick Leonard Miller Signs With Timberwolves

July 8th, 2023 at 9:50pm CST by Arthur Hill

The Timberwolves have reached a four-year deal with second-round pick Leonard Miller that contains a full guarantee on the first two seasons and a partial guarantee beyond that, tweets Darren Wolfson of 5 Eyewitness News. Wolfson doesn’t provide dollar amounts for the contract, but the signing is also confirmed by NBA.com’s transactions page.

Miller was selected by the Spurs with the 33rd pick in last month’s draft before being traded to Minnesota for future draft assets. He was considered a potential first-round selection after a strong performance with G League Ignite.

The Wolves’ signings of Shake Milton and Troy Brown are also official, according to the transactions log. Minnesota used portions of its mid-level exception to add both players.

Milton, who spent his first five NBA seasons with the Sixers, reportedly received a two-year, $10MM contract, while Brown, a part-time starter with the Lakers last season, will get $8MM over two years with a team option on the final year.

The re-signing of shooting guard Nickeil Alexander-Walker, who is being paid $9MM for two years, still isn’t official.

Anthony Edwards Signs Five-Year Max Extension With Timberwolves

July 8th, 2023 at 8:06pm CST by Luke Adams

JULY 8: The extension is official, the Wolves confirmed on Twitter (video link).

JULY 3: The Timberwolves and rising star Anthony Edwards have reached an agreement on a five-year, designated rookie extension that will pay him the maximum salary, agents Bill Duffy and Joe Branch tell Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski reports that the deal can be worth up to $260MM, though that would hinge on Edwards making an All-NBA team in 2024 and the salary cap rising by the maximum 10% for the 2024/25 league year. With a 10% cap increase and no All-NBA spot for Edwards, the five-year extension would be worth $217MM.

It will be a straight five-year contract with no player or team option, reports Jon Krawczynski of The Athletic (Twitter link).

“I’m humbled, appreciative and excited to remain in Minnesota as a part of this incredible Timberwolves organization,” Edwards said in a statement to Wojnarowski (Twitter link). “It’s amazing to see where hard work can take you.”

The No. 1 overall pick in the 2020 draft, Edwards has increased his scoring average and efficiency in each of his NBA seasons to date. He averaged 24.6 points, 5.8 rebounds, 4.4 assists, and 1.6 steals with a .459/.369/.756 shooting line in 79 games (36.0 MPG) in 2022/23, earning his first All-Star nod.

Even though the Wolves also have Karl-Anthony Towns and Rudy Gobert on maximum-salary contracts, there was a strong belief entering this offseason that Edwards, the player the franchise will likely build around for years to come, would get a max deal of his own. He looks poised to officially sign it as soon as he becomes eligible to do so later this week.

Edwards will play one more season on his rookie scale contract, which will pay him in $13.5MM in 2023/24, before he receives a massive raise. If the cap increases by 10% to $149.6MM in ’24/25 and Edwards makes an All-NBA team, he, Towns, and Gobert would earn a combined $141MM that season, and that number would only increase further in ’25/26.

While those three max deals – and a potential extension for Jaden McDaniels – figure to hamper the Timberwolves’ financial flexibility going forward, any eventual moves made to address that issue are more likely to involve Towns or Gobert than Edwards.

Edwards is the third 2020 first-rounder to agree to a “Rose Rule” rookie scale extension that can start at up to 30% of the cap instead of 25%. Tyrese Haliburton of the Pacers and LaMelo Ball of the Hornets will also reportedly sign those deals, while Desmond Bane of the Grizzlies is getting a rookie scale extension worth the standard 25% max.

NBA Reveals Dates, Groups For In-Season Tournament

July 8th, 2023 at 7:40pm CST by Arthur Hill

The NBA has announced the five-team groups that will used for the league’s first-ever in-season tournament, writes Tim Bontemps of ESPN. The unveiling took place Saturday during a special episode of ESPN’s “NBA Today” held at “NBA Con” in Las Vegas.

The groups were determined in a draw similar to what is used in soccer’s World Cup. There are six groups — three each from the Eastern Conference and Western Conference — and each conference was split into five pots based on last season’s standings. One team was randomly selected from each of the pots to determine the opening-round matchups.

The results are:

Group 1: Sixers, Cavaliers, Hawks, Pacers and Pistons.
Group 2: Bucks, Knicks, Heat, Wizards and Hornets.
Group 3: Celtics, Nets, Raptors, Bulls and Magic.
Group 4: Grizzlies, Suns, Lakers, Jazz and Trail Blazers.
Group 5: Nuggets, Clippers, Pelicans, Mavericks and Rockets.
Group 6: Kings, Warriors, Timberwolves, Thunder and Spurs.

The tournament will start with group play, which will match each team with the other four in its grouping. Those games will take place on Nov. 3, 10, 14, 17, 21, 24 and 28.

The winner of each group will advance to a knockout round, joined by the team with the best record in each conference among those who didn’t win a group. Quarterfinal games will be played Dec. 4 and 5, hosted by the higher-seeded teams. The four winners in that round will move on to T-Mobile Arena in Las Vegas for the Dec. 7 semifinals and the Dec. 9 championship game.

Bontemps points out that all teams will play within their conference until the last game, which guarantees an East vs. West matchup, just like the NBA Finals.

“Everybody’s not going to buy in right away,” admitted Joe Dumars, the NBA’s executive vice president of basketball operations. “So that can’t be the goal that everybody’s going to buy in from day one. These things take time. And I think, as time goes on, I think you can build this up and people can really get into it.”

The championship trophy will be called the NBA Cup, and players will receive $500K each for winning it. Other prize money includes $200K for second place, $100K for losing in the semifinals and $50K for losing in the quarterfinals. The league opted not to provide other incentives, such as a guaranteed playoff spot, for the tournament winner.

We passed along more details on the in-season tournament right here.

Wolves’ Mike Conley Wins 2022/23 Sportsmanship Award

July 7th, 2023 at 5:50pm CST by Rory Maher

Timberwolves point guard Mike Conley has won the Sportsmanship Award for the 2022/23 season, the NBA announced in a press release.

According to the NBA, each of the league’s 30 teams nominated one of its players for the award. It was then narrowed down to six finalists — one from each division — by a panel of league executives. Finally, current players voted for the winner.

As the full voting results show, Conley narrowly edged Boban Marjanovic for his fourth award, which is the most in league history — he had previously been tied with Grant Hill at three apiece. The annual award is “designed to honor a player who best represents the ideals of sportsmanship on the court,” per the NBA.

The other four finalists, listed in order of the voting results, were Darius Garland, Bam Adebayo, Harrison Barnes and Jalen Brunson.

Conley, 35, appeared in 67 games for Utah and Minnesota in ’22/23, having been traded in February. The steady veteran averaged a combined 11.9 PPG, 6.7 APG, 2.7 RPG and 1.1 SPG on .428/.385/.834 shooting in 30.3 MPG.

The Sportsmanship Award trophy is named after Joe Dumars, the Hall-of-Fame guard who won the inaugural award back in ’95/96.

Timberwolves Sign Jaylen Clark To Two-Way Contract

July 7th, 2023 at 2:23pm CST by Luke Adams

Former UCLA wing Jaylen Clark has officially signed his first NBA contract, having inked a two-way deal with the Timberwolves, according to NBA.com’s transaction log.

Clark had a big junior year for the Bruins in 2022/23, increasing his scoring average to 13.0 PPG while also contributing 6.0 RPG and 2.6 SPG in 30 contests (30.5 MPG). He was named to the All-Pac-12 team and was the conference’s Defensive Player of the Year.

Clark, who injured his Achilles earlier this year and underwent surgery after the season, isn’t expected to be ready for the start of his rookie year. However, Minnesota is optimistic about what he’ll be able to bring to the team once he’s healthy — after selecting him with the No. 53 pick last month, president of basketball operations Tim Connelly referred to Clark as “the best perimeter defender in the draft.”

Luka Garza holds one of the two-way contract slots for the Timberwolves, so they have one opening remaining. The best candidate to fill it is Matt Ryan, who is still a restricted free agent after receiving a two-way qualifying offer in June.

Of the 58 players selected in the 2023 draft, 38 have now officially signed NBA contracts, as our tracker shows.

Staying In Minnesota Was Naz Reid's First Choice

July 6th, 2023 at 9:03am CST by Arthur Hill

The Spurs or Cavaliers might have offered him more, but Naz Reid was happy to bypass free agency in favor of a three-year extension with the Timberwolves, per Chris Hine of The Star Tribune. Reid was hoping to remain in Minnesota after spending his first four NBA seasons there. “I started my career here. I wanted to continue my career here,” Reid said. “I’ve gotten better each and every year here as well, so it only made sense. I didn’t want to go anywhere else and continue my journey, as far as I’ve gone. I’ve felt all my teammates and coaches and everybody has been great to me.”

Northwest Notes: Lillard, Holmgren, Micic, Edwards

July 4th, 2023 at 9:34pm CST by Luke Adams

Since Damian Lillard made his trade request on Saturday, it has been made clear by various reporters that he’s focused on landing with the Heat, but that the Trail Blazers don’t seem overly enthusiastic about what Miami can offer. The belief is that if the Blazers are going to make a deal with Miami, they would want to involve a third team in order to secure more assets that appeal to them, likely in place of Tyler Herro, who would be redundant in Portland’s crowded backcourt.

In an ESPN appearance (YouTube link), Adrian Wojnarowski confirmed that the Blazers are “not impressed” by the assets that the Heat have to offer, adding that Portland has been fielding calls from various teams around the NBA who are inquiring to see what it might take to land Lillard. While the Blazers could potentially get a stronger package from another team, it also remains to be seen how the star guard might respond if he’s sent somewhere he doesn’t want to be, which may give suitors outside of Miami pause about putting their best assets on the table.

According to Shams Charania of The Athletic (Twitter video link), the Blazers have explored multi-team trade scenarios that would send Lillard to the Heat and net Portland more draft assets than Miami has to offer directly.

“There are three- or four-team scenarios in a potential deal with the Heat that would potentially net the Blazers several first-round draft picks,” Charania said during an appearance on The Rally.

While Charania didn’t offer any further details, Eric Pincus of Bleacher Report tries his hand at putting together some hypothetical multi-team Lillard deals that he believes are at least somewhat plausible.

As we await more signs of forward progress in the Lillard talks, here’s more from around the Northwest:

After missing his entire rookie season due to a Lisfranc injury in his right foot, Thunder big man Chet Holmgren made his 2023 Summer League debut in Salt Lake City on Monday. As Tim MacMahon of ESPN writes, last year’s No. 2 overall pick looked a little rusty, but ended up with 15 points, nine rebounds, and four blocks — more importantly, the foot felt “great,” according to Holmgren. “It’s like the injury never happened, other than everything I had to go through obviously,” he said. “But at this point, if you erased my memory, I wouldn’t know that anything had happened to my foot other than the scars from surgery.”
Numerous EuroLeague veterans have flopped in the NBA, but Vasilije Micic will try to buck that trend with the Thunder, Berry Tramel of The Oklahoman writes. Only 10 Europeans have debuted in the NBA at age 29 or older and a majority had limited success. Micic agreed to a three-year, $23.5MM contract over the weekend.
With Timberwolves star Anthony Edwards set to sign a massive new maximum-salary extension, Jon Krawczynski of The Athletic takes a look at some of the on- and off-court responsibilities that will come with Edwards’ new deal.

Latest On Damian Lillard

July 3rd, 2023 at 12:04pm CST by Luke Adams

Reports over the weekend indicated that the Trail Blazers are “open for business everywhere in the league” when it comes to Damian Lillard trade talks and are casting a wide net in an effort to get the best possible return.

However, the star guard has been “unwavering” in his desire to join the Heat, according to Barry Jackson and Anthony Chiang of The Miami Herald, who say that Lillard has conveyed to the Blazers that Miami is the only place he wants to play.

Chris Haynes essentially said the same thing in the latest episode of his #thisleague UNCUT podcast with Marc Stein. Asked by Stein if Lillard could be talked into another landing spot or if he’s dead-set on ending up with the Heat, Haynes simply replied, “Miami. Miami, Stein, Miami.”

Shams Charania of The Athletic also says that Lillard’s sole focus is on the Heat, acknowledging that the Blazers are exploring other scenarios but suggesting that there’s a “strong belief” around the league that Miami will be 32-year-old’s ultimate destination.

The two sides both appear at this point to be using media leaks to exercise as much leverage as possible. The Blazers’ discussions with other teams can be viewed as an effort to extract as much value out of the Heat as possible, whereas Lillard’s insistence on being sent to Miami may make other suitors wary of surrendering their top assets to acquire him, knowing that he’d be dissatisfied with the outcome, as Jackson, Chiang, and Charania write.

Here’s more on Lillard:

In the #thisleague UNCUT podcast, Stein suggested that there’s a widespread belief around the NBA that Sixers guard James Harden will end up being traded to the Clippers. Haynes responded by noting that the Clippers have also been in touch with the Trail Blazers to inquire on Lillard, though he adds that L.A. seems unlikely to acquire Dame.
The Timberwolves, Pelicans, and Celtics are among the other teams who “reached out to see what it would take” to land Lillard, Haynes reports. A deal with Minnesota would have had to involve Karl-Anthony Towns, according to Haynes, who says that idea was “quickly eliminated.”
Haynes also spoke on the podcast about the timeline that led to Lillard’s Saturday trade request, explaining that after Portland landed the No. 3 overall pick in the draft lottery, the longtime Blazer was told the team would look into trading it for win-now help. However, GM Joe Cronin called him two days before the draft to let him know Portland would likely keep its pick. In Lillard’s meeting with the Blazers this past Monday, he expressed his feeling that “promises weren’t kept,” per Haynes, but vowed to give the team a little more time to see if it could upgrade the roster on the trade market when free agency opened. When that didn’t happen right away, Lillard submitted his trade request to ensure that teams interested in acquiring him – such as the Heat – didn’t make other moves in free agency that would preclude such a deal.
According to Haynes, Lillard first entertained the idea of requesting a trade out of Portland in 2021. One of the reasons he decided against it at the time was because the Blazers hired Chauncey Billups, whom Dame greatly respects, as their head coach that summer. As Haynes details, Lillard didn’t want to put Billups in a position like Stephen Silas in Houston — Harden and Russell Westbrook requested trades shortly after Silas was hired in 2020, which derailed the veteran assistant’s first head coaching opportunity.
In case you missed it, we passed along a couple notes on the Lillard sweepstakes in a trade rumors round-up earlier today.