Timberwolves Rumors

Skylar Mays Waived By Timberwolves, Close To Signing With Fenerbahce

4:43pm: Mays has been waived by Minnesota, the team’s PR department announced (via Twitter). That paves the way for him to sign with Fenerbahce.


8:35am: Timberwolves guard Skylar Mays is close to reaching a deal to join the Turkish club Fenerbahce, according to reports from Eurohoops and Donatas Urbonas of BasketNews. Arale Weisberg of Walla Sport (Twitter link) first reported that Fenerbahce was in talks with Mays.

Fenerbahce is on the lookout for backcourt help after veteran guard Scottie Wilbekin sustained a torn ACL that is expected to sideline him for the entire 2024/25 season.

Although Mays is technically under contract with the Timberwolves for now, he’s on a non-guaranteed Exhibit 10 deal, so the expectation is that he’ll be waived before the regular season tips off. The Iowa Wolves – Minnesota’s G League affiliate – acquired Mays’ returning rights last month, signaling that they hoped to have him on the roster this fall, but the 27-year-old will almost certainly earn more with Fenerbahce than he would in the NBAGL.

The 50th overall pick in the 2020 draft, Mays has appeared in 105 games across four seasons for the Hawks, Trail Blazers, and Lakers. The 6’3″ guard, who played his college ball at LSU, split his time between Portland and L.A. last season, appearing in 38 total NBA games and averaging 4.1 points, 2.2 assists, and 1.1 rebounds in 11.4 minutes per contest. He owns a career shooting line of .445/.345/.859.

Mays was rumored to be considering a move overseas earlier in the offseason — an August report indicated that he was drawing some interest from Olimpia Milano in Italy.

Knicks Notes: DiVincenzo, Bridges, Towns, Toughness

Before facing his former team in New York on Sunday, Donte DiVincenzo dismissed the notion that he was disgruntled by the possibility of a role reduction with the Knicks following their acquisition of Mikal Bridges.

Multiple reports in the wake of the trade sending DiVincenzo from the Knicks to the Timberwolves suggested he wasn’t thrilled about potentially moving to the bench after a career year, with one claiming he was “really unhappy” about the idea. DiVincenzo called that “completely untrue,” as Stefan Bondy of The New York Post relays.

“Obviously everyone wants to start coming off the season I had last year, but I also understand that there’s different lineups and different combinations that teams want to get to – I understand that. It was never a thing of, ‘Oh, we got Mikal, I’m pissed off.’ I was super excited,” DiVincenzo told Bondy. “Take the Villanova s–t out of it, I was super excited because we have a very good player coming back to the team. And you get OG (Anunoby) back, now you’re looking at, ‘Wow we’re going to be really good.’

“There was never a conversation of my role was going to be diminished. There was never a conversation that my minutes would be diminished. It was the outside assumption and ran with it and it was untrue.”

While DiVincenzo admitted that he was caught off guard when he first heard about his move to Minnesota, he said he got on board with the deal quickly and that he’s not holding any sort of grudge toward the Knicks for trading him away after a year in which he set the franchise’s single-season record for three-pointers.

“Initially, you never want to get traded. So I was kind of upset, I was kind of hurt,” DiVincenzo said. “… And my mind went right to (the Timberwolves). …. It was an easy transition. There were no angry feelings, no mad feelings, nothing like that. It was an initial, ‘Damn, I got traded.’ And you move on to the next thing. It was all love.”

Here’s more on the Knicks:

  • Having expressed enthusiasm about how his own roster looks after the Karl-Anthony Towns trade, Timberwolves head coach Chris Finch also heaped praise on the Knicks for the work they’ve done to upgrade their squad since last season ended, per Adam Zagoria of NJ.com. “I mean, how can you not like this team?” Finch asked rhetorically. “They got two-way players all over the place. That’s what you gotta you have in the game to win today at a high level. … They have great versatility, they’re gonna spread you out, they got toughness, they’re super well-coached. I think (Bridges and Towns) naturally fit into Tom (Thibodeau)‘s personality and system.”
  • After playing alongside a four-time Defensive Player of the Year center (Rudy Gobert) for the last two seasons, Towns will have to adjust to playing the five in New York and take on the defensive responsibilities that come along with his new role. As Peter Botte of The New York Post details, Towns is embracing that challenge. “It’s just accepting the responsibility of being the person who’s quarterbacking and anchoring the defense,” Towns said, adding that wings like Bridges, Anunoby, and Josh Hart will help make life easier for him.
  • The Knicks’ roster looks more talented than last season’s group, but will it be able to match the toughness of the 2023/24 squad after losing DiVincenzo, Julius Randle, and Isaiah Hartenstein? Steve Popper of Newsday considers that question.

Timberwolves Notes: DiVincenzo, Towns, Randle

Timberwolves guard Donte DiVincenzo had a brief verbal altercation with Knicks assistant Rick Brunson in his return to New York on Sunday, as Chris Herring of ESPN and James L. Edwards III and Jon Krawczynski of the Athletic write. DiVincenzo and Brunson exchanged words after the game when players and coaches were shaking hands before exiting the court, but the former Knick downplayed the incident when speaking to reporters later.

“Just some words. I don’t fully know what was said. A lot of people there,” DiVincenzo said, per The Athletic. “But I really have no comment on the situation. We’re both grown men and can talk about it privately.”

“Two people talking,” Rick’s son Jalen Brunson said. “Words of affirmation.”

DiVincenzo was caught on camera in the first quarter talking to the Knicks’ bench before he attempted a free throw (Twitter video link). He explained to reporters after the game that he was sharing an inside joke with Thibodeau, though league sources tell The Athletic that some of his comments were directed to the elder Brunson. At one point, DiVincenzo appeared to say, “That’s what happens when they let you run the show.”

Here’s more on the Wolves:

  • DiVincenzo has “quickly become a favorite within the Timberwolves organization,” tweets Krawczynski, adding that the team loves both his skill set and mentality. Anthony Edwards expressed that sentiment during his post-game media session on Sunday, per Herring. “He makes all the right plays and shoots the cover off the ball,” Edwards said of his new teammate. “New York is definitely going to miss him.”
  • In a feature story for The Athletic, James L. Edwards III takes a look at DiVincenzo’s journey from a scout team decoy at Villanova to a Final Four star to one of the NBA’s most coveted role players.
  • Knicks center Karl-Anthony Towns said there were “a lot of emotions” on Sunday reuniting with former Timberwolves teammates who were like “brothers” during his tenure in Minnesota, writes Chris Hine of The Star Tribune (subscription required). Timberwolves head coach Chris Finch had nothing but praise for his former star big man, acknowledging that it would take a while to get used to seeing Towns in a different uniform. “It’s like a death in the family in some ways,” Finch said. “You got to make it through that first year, and everything is going to be a little odd.”
  • In his Sunday return to New York, new Timberwolves forward Julius Randle wasn’t looking to dwell on or reminisce about his Knicks tenure, telling reporters that he has “unfinished business” to focus on in Minnesota, as Stefan Bondy of The New York Post relays. Randle also expressed enthusiasm about Finch giving him more play-making responsibilities this season. “I’m excited to be able to show that,” the veteran forward said. “Not just from the post, getting double-teamed. Finch is moving me all over the floor, allowing me to be able show that stuff. I’m excited about that.”

Nuggets Notes: Towns, Saric, Gordon, Westbrook

With Karl-Anthony Towns now a member of the Knicks, the Timberwolves no longer present major matchup problems for the Nuggets, according to Bennett Durando of the Denver Post.

Denver was eliminated by Minnesota in last season’s playoffs in part because of the Timberwolves’ big man duo of Towns and Rudy Gobert. The Nuggets’ starting lineup had scored 125.9 points per 100 possessions during the regular season, Durando notes, but that number dropped to 102.6 in the second-round series. Oklahoma City now rates as the toughest matchup for Denver as it attempts to win two titles in three seasons.

We have more on the Nuggets:

  • Dario Saric was added in free agency on a two-year, $10.6MM deal. The Nuggets were intrigued by his versatility, Durando writes. “I think backup five, backup four, can play with Nikola (Jokic) at times, no doubt,” coach Michael Malone said. “If we go big, play him with a guy like DeAndre Jordan. … What you love about Dario is he’s been a three-man, he’s been a four, and later in his NBA career he’s been a backup five, a small-ball five. Very skilled. Can handle it. Can pass. Can shoot. Bigger than people realize. Strong, physical. I’m excited to explore all the options that Dario will afford us.”
  • Aaron Gordon believes the Nuggets improved in the offseason with Saric and Russell Westbrook in the fold. “We got better,” Gordon told Matt Brooks of Nuggets.com. “I hate losing [Kentavious Caldwell-Pope] and Jeff Green, but I like our additions.”
  • In case you missed it, the Nuggets picked up the contract options of three key players last week. Get the details here.

Knicks Notes: Randle, DiVincenzo, Backup Centers, Kolek

It has only been 11 days since the trade that sent Julius Randle and Donte DiVincenzo to Minnesota was finalized, but they’ll return to Madison Square Garden this evening when the Knicks host the Timberwolves, writes Steve Popper of Newsday. While Randle isn’t expected to play as he continues to rehabilitate his right shoulder following surgery, fans will have a chance to welcome back DiVincenzo, who had a major role in last season’s success.

“Both him and Julius contributed so much to the organization, to the team,” coach Tom Thibodeau said. “So there’s great appreciation for them and what they did. So it’s part of our league and we certainly wish them well. I’ve got great respect for them. I know their teammates do. I know the organization does. I think our fans do as well. They were a big part of the winning.”

For most of the summer, it looked like Mikal Bridges was going to be the Knicks’ major offseason acquisition, adding another versatile forward to a roster that seemed ready to compete for an NBA title. That changed in late September when the opportunity arose to acquire Karl-Anthony Towns from Minnesota.

“I think the whole thing was quick and kind of unusual,” Josh Hart said. “A trade three days before training camp started, so that was already kind of weird because that weekend you’re kind of gearing up for training camp that upcoming Monday. So that was unusual and then obviously we’ve got to play them on Sunday. It’s a little unusual, but the NBA’s a crazy business.”

There’s more from New York City:

  • Since camp opened, the Knicks have been more focused on blocking outside distractions than talking about competing for a championship, according to Zach Braziller of The New York Post. “As much as we want to jump back into Game of 7 [of the Eastern Conference semifinals] last year and proceed to where we went, we have to start the journey all over,” Jalen Brunson said. “… Regardless of what people say, whether it’s positive or negative, we have to have mental toughness and just worry about what’s going on inside of this building, inside this organization.”
  • Thibodeau won’t have a regular backup for Towns when the season opens, Braziller adds. Jericho Sims, Ariel Hukporti and Precious Achiuwa may all see time in that role, and OG Anunoby could be used as a center in small-ball lineups. “Jericho’s athleticism is very different from most,” Thibodeau said. “Ariel is a young guy coming in, there’s a defensive component to him already. But he has to learn the offensive part of the game, and that’s coming. But both are very good.”
  • Second-round pick Tyler Kolek is averaging 13 points, three assists and two steals through his first two preseason games and he may be in contention for playing time as the season wears on, Braziller states in a separate story. “I’m still figuring it out, finding my pace,” Kolek said. “Maybe in practice I haven’t been as aggressive looking at the basket. So it’s been kind of intentional in these games to get those looks because then it opens up everything else with my passing.”

Northwest Notes: Wolves, Strawther, Braun, Walker, Avdija, George

The Timberwolves are taking a risk by completely changing their roster makeup in the aftermath of the Karl-Anthony Towns trade. However, AthlonSports’ Mark Medina reports that the coaching staff and players are all feeling optimistic about the change.

There will be a pretty big learning curve,” head coach Chris Finch said. “I’m pretty confident that there are going to be rough edges that we want to smooth out.

Minnesota reportedly coveted Donte DiVincenzo for a while, and he’ll address any spacing questions after a career year with the Knicks. Julius Randle‘s fit is a bit more interesting, as all indications point toward the Wolves leaning on Naz Reid more. It will be fascinating to see who winds up getting minutes in the closing lineup.

I see us fitting together extremely well,” Randle said. “If you look at my career and the places that I’ve been and the things that I’ve done. I think the biggest thing I pride myself on is adaptability.

According to Medina, Finch plans to grant Randle more play-making responsibility this season.

My only thing is I want to help in any way needed. There’s a tremendous amount of talent here,” Randle said. “Finchy is a great coach. So whatever is asked of me, I’m going to do. I just want to help get us over that hump and win. At this stage of my career, all that matters is winning. I’ve accomplished a lot of great things on the individual scale. But I want to win at this stage of my career. I’m extremely excited and blessed to have this opportunity.

We have more from the Northwest Division:

  • For the second straight offseason, the Nuggets lost a key piece to free agency. For the second straight year, they’re hoping that a young player will fill the void left behind. Denver is counting on that strategy to be more successful this time around after watching the offseason growth of both Christian Braun and Julian Strawther, Tony Jones of The Athletic writes. Braun played well over the course of both of his first two seasons in the league, but Strawther hasn’t played much to this point. A skilled three-point marksman, Strawther will be leaned on but has the faith of the coaching staff and his teammates behind him. “Julian Strawther is poised and ready to have a really good second season,” Denver head coach Michael Malone said. “Julian was in the gym every day this summer. Every single day. The guy was a workhorse.
  • It’s rare for the 57th pick in a draft to become a rotation so early in their career, but that’s the case for Trail Blazers forward Jabari Walker, who has made 128 career appearances, including 23 starts, and averaged 8.9 points and 7.1 rebounds per game last season. He’s hoping to continue building on his early career success, Aaron Fentress of OregonLive writes. “Jabari has been doing a good job,” head coach Chauncey Billups said. “He’s been having a good camp. He was kind of hampered all summer with his knee and stuff. But he’s been back playing, and he hasn’t missed a beat at all. Obviously, he’s so tough and so competitive, his teams usually do pretty well in the scrimmages because of his rebounding and his competitiveness.
  • Trail Blazers forward Deni Avdija is not participating in Friday’s matchup against the Clippers as he observes Yom Kippur, he announced in an Instagram story. According to Rose Garden Report’s Sean Highkin (Twitter link), Avdija will make his preseason — and Trail Blazers — debut on Sunday against the Kings.
  • Jazz guard Keyonte George left Utah’s preseason game and had to be helped off the court near the beginning of the third quarter due to a leg injury, according to Mavs.com’s Eddie Sefko (Twitter link). The Jazz said George was out with a mild left knee sprain, Andy Larsen of The Salt Lake Tribune tweets. ESPN’s Tim MacMahon confirms he will get an MRI later on Friday but adds that the Jazz are optimistic he won’t miss much, if any, regular season time (Twitter link).

NBA GMs High On Thunder’s Offseason Moves, Celtics’ Title Chances

The Thunder made the best roster moves during the 2024 offseason, according to the NBA’s general managers. Within his annual survey of the league’s top basketball decision-makers, John Schuhmann of NBA.com writes that 37% of his respondents picked Oklahoma City as having the best summer, with the Sixers coming in second place at 33%. The Knicks got 20% of the vote share, while no other club received more than a single vote.

It was one of many favorable outcomes in the survey for the Thunder, who were overwhelmingly selected as the team with the best young core — 60% of GMs selected OKC, compared to 20% for the second-place Magic.

New Thunder guard Alex Caruso was chosen by general managers as the most underrated offseason acquisition, receiving 23% of that vote share, while last year’s Most Valuable Player runner-up Shai Gilgeous-Alexander was picked as this year’s MVP favorite (40%), narrowly edging Mavericks star Luka Doncic (30%).

The Thunder also received a handful of votes from the league’s GMs as the team that will win the 2025 NBA Finals, but at 13%, they finished a distant second to the Celtics, who earned a whopping 83% of the vote. Besides those two clubs, only the Mavericks (3%) received a vote to become this season’s champions.

Here are a few more interesting results from Schuhmann’s GM survey, which is worth checking out in full:

  • New Sixers forward Paul George got 60% of the vote as the offseason acquisition who will have the biggest impact in 2024/25, followed by new Knicks Mikal Bridges and Karl-Anthony Towns at 13% apiece. The Towns trade, meanwhile, was named the most surprising offseason move, eking out George leaving Los Angeles for Philadelphia (27% to 23%).
  • Unsurprisingly, Spurs big man Victor Wembanyama was the overwhelming choice (77%) for which player the GMs would most want to start a franchise with. Gilgeous-Alexander and Nuggets center Nikola Jokic each earned three votes in that category, while Doncic got one.
  • The league’s general managers are high on No. 3 overall pick Reed Sheppard — the Rockets‘ guard is their pick to win the Rookie of the Year award (50%) ahead of betting favorite Zach Edey of the Grizzlies (30%). Sheppard also comfortably received the largest vote share (43%) when the GMs were asked which rookie will be the best player in five years. Spurs guard Stephon Castle (17%) and Hawks forward Zaccharie Risacher (13%) were the runners-up in that category.
  • There was no consensus among the GMs on which 2024 draftee was the biggest steal. Wizards guard Carlton Carrington, Kings guard Devin Carter, Pacers wing Johnny Furphy, Lakers forward Dalton Knecht, Timberwolves guard Terrence Shannon, and Thunder guard Nikola Topic each received three votes to lead the way.
  • Among newly hired head coaches, Mike Budenholzer of the Suns is the one GMs feel will have the biggest impact on his new club. Budenholzer received 40% of the vote, beating out Kenny Atkinson of the Cavaliers and J.B. Bickerstaff of the Pistons (20% apiece). Meanwhile, Spurs guard Chris Paul (30%) and Raptors guard Garrett Temple (20%) are the active players that GMs feel would make the best head coaches down the road.
  • Asked what they’d change about the NBA, 20% of GMs said the rules related to the tax aprons, trades, and roster construction are too restrictive and/or should be “indexed to (a) team’s market,” per Schuhmann, making it the top response.

Wolves Notes: Gobert, Randle, Edwards, Minott, Finch

After spending the past two seasons trying to adapt his game to fit with Karl-Anthony Towns, Timberwolves center Rudy Gobert suddenly has a new frontcourt partner after this week’s trade with the Knicks. In an interview with Mark Medina of Sportskeeda, Gobert said he should be just as effective playing alongside Julius Randle.

“He’s a very smart player. He’s very versatile,” Gobert said. “I think that I’m going to be able to help him with my screening, with my spacing and my gravity and make his life even easier. I’ll try to get him as many easy baskets as he can get. He’s a guy that I know will make the right play. When the defense collapses, I know he’s good at kicking out. When the big helps, he’s good at finding his bigs. He’s a very smart player. We got a lot of games to get used to making mistakes and learn how to maximize him for us as a team.”

Gobert called Towns “a great friend” and credited him for being supportive after Gobert was acquired from Utah. They were able to take Minnesota to the conference finals for the first time in 20 years, even though Gobert admitted there were a lot of doubters along the way. He’s looking forward to competing for a title with the new-look Wolves, saying that Randle and Donte DiVincenzo are battle-tested veterans.

“To be able to win a championship, we have to be able to overcome adversity as a group,” Gobert said. “If the closeness is not there, when there’s adversity, then you’re going to break apart. We’ve been through a lot of adversity in the last two years as a group. I know Julius and Donte have been through adversity. They know what it is. They both have this type of maturity. They both are also guys that want to win. They understand that winning is not always pretty. So I’m excited about that.”

There’s more from Minnesota:

  • The Towns trade provides the Wolves with more financial flexibility and reduces the danger that Anthony Edwards might seek a trade in a few years due to a stagnant roster, observes Chris Hine of The Star Tribune. Hine believes the deal gives Minnesota a longer window to contend for a title, which is what Edwards will expect when he’s in the prime of his career.
  • Third-year forward Josh Minott was one of the stars of Friday’s preseason opener with 22 points and eight rebounds in a win over the Lakers. Minott tells Jon Krawczynski of The Athletic that following a disappointing Summer League performance, he has become more relaxed by not focusing on results, which has given him a better outlook. “In my 21 years on this planet — about to be 22 — this is probably the most confident I’ve ever felt in my jump shot,” Minott said. “I feel like anytime the ball leaves my hands from beyond the arc, it’s going in.” Wolves staff members have been raving about Minott’s shooting since last season’s playoffs, tweets John Hollinger of The Athletic.
  • Patrick Reusse of The Star Tribune is concerned that the Wolves might have too much talent on their revamped roster to keep everyone happy. Coach Chris Finch traditionally uses a nine-man rotation, and he has nine veterans who were rotation members on their respective teams last season. That’s in addition to Minott, Luka Garza, Leonard Miller and first-round picks Rob Dillingham and Terrence Shannon.

Wolves Notes: Knicks Trade, Randle, DiVincenzo, Towns

While long-term salary cap considerations played a factor in Minnesota’s blockbuster trade with New York, Timberwolves sources tell Jon Krawczynski of The Athletic that majority owner Glen Taylor was only willing to sign off on a deal involving Karl-Anthony Towns if the front office believed it would improve the team entering the 2024/25 season. Last season, the Wolves made the Western Conference finals for just the second time in franchise history, and Taylor had no interest in taking a step back.

First and foremost, I think it’s extremely important to recognize that this is not a money deal,” head coach Chris Finch said. “Glen and our ownership was and is committed to paying large amounts of tax for this team to be highly competitive. That hasn’t changed. This deal in totality checks a lot of boxes. We think it’s a great basketball trade.”

Sources tell Krawczynski that Taylor reiterated throughout the summer he was willing to a foot a significant luxury tax bill and would rather have kept Towns — and the four years and $220MM left on his contract — than make the team worse. As Krawczysnki writes, Taylor is in an ongoing ownership dispute with minority stakeholders Marc Lore and Alex Rodriguez, and it behooves both sides to keep the Wolves as competitive as possible entering arbitration in early November.

It has been reported multiple times that the Knicks have wanted Towns for at least a couple years. But the timing of the trade was surprising, considering the regular season begins in a few weeks and training camps are already underway.

Team and league sources tell Krawczynski that the Wolves didn’t have many other options for moving Towns, especially for quality players in return, making the Knicks’ offer –headlined by three-time All-Star Julius Randle — appealing. However, according to Krawczynski, the Wolves only accepted the trade when the Knicks included Donte DiVincenzo in place of Mitchell Robinson, who is out until December or January as he continues recovers from ankle surgery.

Krawczynski also suggests the Wolves had some concerns that if they struggled to open ’24/25 or Towns got hurt, they would’ve had even fewer suitable trade options for the four-time All-Star due to his recent injury history and super-max contract. Still, it was difficult to deal away one of the top players in franchise history, a former No. 1 overall pick who had strong ties within the organization and the community.

Here’s more on the Wolves:

  • Finch said Randle will be the starting power forward and lavished praise on his former colleague — he was an assistant with New Orleans during Randle’s lone season with the Pelicans in ’18/19. “Really, really enjoyed working with him,” Finch said, per Krawczynski. “Great pro. Loves being in the gym, comes in with a smile on his face every day. He’s hungry for feedback. Really pleasant.” For his part, Randle said he’s thrilled to reunite with Finch, calling him a “genius” who excelled with preparation, writes Jamal Collier of ESPN.
  • Randle could hit free agency next summer if he declines his $30.9MM player option for ’25/26. He said he was initially shocked by the trade but after getting a night’s sleep, he had a different perspective, calling the deal “a breath of fresh air,” according to Collier. “You want to be somewhere where you feel wanted. I feel wanted here,” Randle said Thursday. “At this point in my career, I’ve accomplished a lot of great things on an individual level, but I want to win a championship. This is a perfect opportunity to do that.”
  • Finch was also excited about the addition of DiVincenzo, saying he should be able to acclimate quickly, Krawczynski notes. “His basketball IQ and his ability to cut and move and play off the ball is something that we really need,” Finch said. “That’ll benefit us right away.”
  • A recent report suggested that DiVincenzo may not have been thrilled with a potential reduced role with the Knicks, but a source tells Stefan Bondy of The New York Post that DiVincenzo had “embraced” the idea of coming off the bench and didn’t want to leave New York. “When you look at the big picture, my mind wasn’t on what teams were interested in me. When I was in New York, I was fully there. I wanted to be there. And when this kind of picked up, I realized it was an opportunity. And when it became an actual thing, my mind just completely went straight to Minnesota,” DiVincenzo said. “And I immediately thanked everybody from my time in New York. There’s so much love there. But once I realized this is a real thing and actually happened, my mind transitioned to Minnesota. And I’m 100 percent here and excited.”
  • Towns recently sent out a tweet thanking the Wolves organization and the team’s fans.

Knicks Officially Acquire Karl-Anthony Towns In Three-Team Trade With Wolves, Hornets

The Karl-Anthony Towns blockbuster involving the Knicks, Timberwolves, and Hornets is now official, according to press releases from each of the three teams involved in the deal.

Word first broke last Friday night that an agreement had been reached, with more details reported on Tuesday. The full terms of the trade are as follows:

  • Knicks acquire Towns and the draft rights to James Nnaji.
  • Timberwolves acquire Julius Randle, Donte DiVincenzo, Keita Bates-Diop, and the Pistons’ 2025 first-round pick (top-13 protected; from Knicks).
  • Hornets acquire DaQuan Jeffries (sign-and-trade), Charlie Brown Jr. (sign-and-trade), Duane Washington (sign-and-trade), either the Nuggets’ or Sixers’ 2025 second-round pick (whichever is least favorable; from Timberwolves), the Warriors’ 2026 second-round pick (from Knicks), the Knicks’ 2031 second-round pick, and cash ($7.2MM; from Knicks).

“We are beyond excited to welcome Karl-Anthony Towns to the New York Knicks family,” Knicks president of basketball operations Leon Rose said in a statement. “Karl-Anthony brings a skillset that is unique to the game of basketball. He possesses a blend of playmaking, shooting, rebounding and defending that in combination with his size allows him to compete at a level that is rare in this league. Karl-Anthony has demonstrated throughout his career to be a high caliber player and person on and off the court who will complement the type of team and culture we continue to build in New York.”

Minnesota waived camp invitee Jaedon LeDee in order to accommodate the one-for-three swap, while Charlotte cut guards Marcus Garrett and guard Caleb McConnell to make room on its roster for the three incoming players.

Both the Wolves and Hornets are now at their 21-man preseason limits, while the Knicks have five open spots on their 21-man squad. They’ll reportedly fill one of those spots by re-signing Chuma Okeke.

Our original report on the trade includes more details on the on-court implications of the move for the Knicks and Timberwolves. We also discussed how it will affect New York’s ability to fill out the rest of its regular season roster.

Here are a few more additional notes on the transaction:

  • Randle received his full 15% trade bonus as part of the transaction, confirms ESPN’s Bobby Marks (via Twitter). That bumps the forward’s cap hit for 2024/25 from $28,939,680 to $33,073,920. The cap charge for Randle’s ’25/26 player option ($30,935,520) remains unchanged, since the trade bonus doesn’t affect option years.
  • Towns also had a trade kicker in his contract, but it’s voided because he’s already earning his maximum salary, Marks adds (via Twitter).
  • The three players the Knicks signed-and-traded to the Hornets will each earn exactly $1 more than their respective minimum salaries, per Marks. That works out to $2,425,404 for Jeffries, $2,237,692 for Brown, and $2,162,607 for Washington. Teams aren’t permitted to aggregate multiple minimum-salary contracts for matching purposes in offseason trades, and since Bates-Diop is on a minimum deal, Jeffries, Brown, and Washington couldn’t be. Fred Katz of The Athletic (Twitter link) has heard that the NBA “isn’t thrilled” about the way in which the Knicks circumvented that rule, but it’s technically legal.
  • The Hornets used their $7,983,000 room exception to accommodate those three incoming salaries, becoming the first team to take advantage of the new rule allowing clubs to use their non-taxpayer mid-level exception, room exception, or bi-annual exception to acquire a player via trade. Charlotte now has just $1,157,297 left on that exception.
  • The Timberwolves will create a $4,686,880 trade exception in the deal, which they’d be allowed to use this season despite being a second-apron team. Teams operating above either tax apron are prohibited from using trade exceptions that were generated during the previous season, but can use newly created TPEs.
  • Because they sent approximately $7.2MM to the Hornets in the deal, were responsible for paying Randle’s $4.13MM trade bonus, and will reportedly pay Partizan Belgrade an estimated $850K for Washington’s buyout, the Knicks are on the hook for more than $12MM in cash, separate from player salaries, as a result of the deal.