Timberwolves Rumors

Lore, A-Rod Make Second Payment, Now Own 40% Of Timberwolves

The plan for Marc Lore and Alex Rodriguez to succeed Glen Taylor as the controlling owners of the Timberwolves continues to move forward, as they have officially made their second payment and now own 40% of the team, sources tell Shams Charania and Jon Krawczynski of The Athletic (all Twitter links).

Lore and Rodriguez made a combined $290MM payment this time around and have now paid out more than $500MM in total, according to Charania and Krawczynski. Both owners have committed more than $200MM individually and have invested more than the required amount to this point in their agreement to buy the Wolves and the WNBA’s Minnesota Lynx.

The incoming owners exercised their option to buy another 20% of the team back in December. A spokesperson for the duo confirmed a couple weeks ago that a second payment would be made on time.

The final stage of the ownership change would see Lore and A-Rod exercise an option to buy another 40% of the team by December 31, 2023. The last payment is on track for March 2024, per The Athletic’s duo — assuming that happens, Lore and Rodriguez would then control 80% of the team, while Taylor would be a minority owner with a 20% stake.

Lore and A-Rod released a statement confirming the news, writes Chris Hine of The Star Tribune.

We are very excited to enter this next phase of ownership. We very much appreciate Glen’s partnership and guidance and will continue to work tirelessly alongside him to bring success to the fans of Minnesota.”

Rodriguez — a former MLB star — has now invested more cash than any former athlete purchasing a professional sports team, according to The Athletic. He has surpassed Michael Jordan, who paid $180MM to buy the Hornets in 2010.

There were reportedly some concerns in 2022 about A-Rod’s liquidity and some speculation that the plan for Rodriguez and Lore to assume majority control of the Wolves could be in trouble, but clearly it remains on track. Lore is a tech entrepreneur who made his fortune in eCommerce.

Injury Notes: Brunson, Bulls, Cavaliers, KAT, Grizzlies

Knicks starting point guard Jalen Brunson will miss his second straight game on Monday with a sprained right hand, the team has announced (Twitter link).

The 6’1″ Brunson is enjoying a career season with his new club. Across 65 healthy games, he’s averaging 23.8 PPG on .489/.411/.833 shooting. The 26-year-old is also averaging 6.2 APG, 3.6 RPG and 0.9 SPG for New York.

Reserve guard Derrick Rose, who has been out of the rotation since the calendar rolled over to 2023, will also be inactive for this evening’s bout against the Rockets due to an illness, the Knicks add.

Here are some more injury-related notes from around the NBA:

  • Bulls forward Javonte Green, who continues to recover from a January knee surgery after making a brief return to the lineup last week, will be out tonight against the Clippers, per K.C. Johnson of NBC Sports Chicago (Twitter link). Johnson adds that veteran Chicago guard Alex Caruso is considered questionable to play.
  • Several Cavaliers players comprise the club’s injury report ahead of the team’s game Tuesday against the Hawks, per Chris Fedor of Cleveland.com (Twitter links). Starting center Jarrett Allen is questionable with a groin strain, while starting small forward Isaac Okoro is also questionable due to a sore knee. Swingman Danny Green and point guard Raul Neto will not play. Wing Dean Wade is doubtful to play through an illness. Isaiah Mobley, Sam Merrill and Dylan Windler are all going to be working with Cleveland’s NBAGL affiliate, the Cleveland Charge.
  • Timberwolves big man Karl-Anthony Towns will sit out tonight’s game against the Kings as he manages his right calf strain injury on the second night of a back-to-back, the team has announced (Twitter link). Two-way player Matt Ryan is out with an illness. All-Star shooting guard Anthony Edwards is questionable due to a sprained right ankle. Guard Jaylen Nowell is also questionable with a left knee tendinopathy.
  • At least five Grizzlies players will be shelved for Tuesday’s contest against the Magic, Memphis has announced (via Twitter). Beyond Brandon Clarke, who’s out for the year with a left Achilles tear, Ziaire Williams, Vince Williams, Jake LaRavia and Steven Adams are all also sidelined. All-Star point guard Ja Morant is considered doubtful to play due to a sore right thigh.

Timberwolves Notes: Reid, Edwards, Towns, Playoffs

Karl-Anthony Towns‘ return to action was a welcome sight for the Timberwolves but it created a pleasant dilemma: What to do about Naz Reid?

Though Reid moves to a backup role, he’ll continue to play steady minutes as the team embraces bigger lineups, Chris Hine of The Star Tribune writes.

“We got to find a way to make the two-big lineup work,” coach Chris Finch said. “It has to be who we are in these last eight games. We have the flexibility to go a lot of different directions. But when a guy’s playing this well, he deserves to be out there in some form or fashion. It’s my job to figure it out.”

Reid, an unrestricted free agent after the season, had a team-high 23 points in 21 minutes in the Wolves’ three-point win over Golden State on Sunday night.

We have more on the Timberwolves:

  • Anthony Edwards admits he was worn out in his first game back after missing three games with an ankle injury, Jon Krawczynski of The Athletic tweets. Edwards was held to 13 points in 35 minutes. “Tired. Out of shape,” he said. “No legs. But we got the win, man, so I’m cool.”
  • Towns hit two clutch 3-pointers against the Warriors. The Wolves had three off-days before the game and that gave them more practice time to get Towns back into a rhythm, Kent Youngblood of the Minneapolis Star Tribune writes. “One thing is trying to work on KAT’s spacing and decision-making when he gets the ball,” Finch said prior to the team’s road trip. “We can’t have him coming in and being too much of a ball-stopper right now. We have a really good rhythm to our offense. The ball has been moving really well.”
  • The Wolves pulled within a half-game of the Warriors for the sixth spot in the West. If they can finish in the top six, it would allow them to avoid the play-in tournament. They play Sacramento on Monday night. “We knew where the standings are and we knew we had to beat them at all cost,” Towns told Hine. “We played with that kind of desperation.” Finch didn’t indicate whether Towns and Edwards would play in the second game of a back-to-back.

And-Ones: Ollie, Postseason Awards, Briscoe, Abu Dhabi

Longtime NBA guard and former Connecticut coach Kevin Ollie is leaving his position as head coach of the Overtime Elite development team, Adam Zagoria tweets.

Ollie has been the Elite’s coach for two seasons. He issued a statement which read in part, “With OTE having a strong foundation in place, now is the right time to step away from my position. I’m looking forward to focusing on myself, my family and the next chapter in my career. I feel very confident that those standards will be sustained for years to come as they continue to build.”

We have more from around the basketball world:

  • Some of the bigger postseason awards are still in doubt, John Hollinger of The Athletic opines. While Nikola Jokic was considered the strong frontrunner for the Most Valuable Player award, Giannis Antetokounmpo and Joel Embiid are now very much in the running for the honor. The same goes for the Rookie of the Year race. Paolo Banchero seemingly had it wrapped up but Walker Kessler and Jalen Williams have made a big impact on their teams despite playing far fewer minutes than Banchero.
  • Former NBA agent Charles Briscoe, who represented Dwight Howard among his clients, is among four men charged with schemes to defraud four professional basketball players of more than $13MM, the U.S. Department of Justice announced (story via Mike Vorkunov and other members of The Athletic staff). Briscoe is no longer certified by the Players Association and has not represented clients since last year. He is also being sued in Delaware state court for allegedly making false representations to secure funding for his startup sports agency.
  • The Mavericks are now scheduled to play two exhibition games in Abu Dhabi against the Timberwolves early next season, one more than initially reported, Marc Stein writes in a Substack article. It’s part of a growing NBA presence in Abu Dhabi. USA Basketball recently confirmed that it plans to train and play in Abu Dhabi, with a full complement of NBA players, prior to this summer’s FIBA World Cup in Indonesia, Japan and the Philippines.

“Strong Optimism” Anthony Edwards Could Return Sunday

There’s “strong optimism” that guard/forward Anthony Edwards could return to the Timberwolves‘ lineup for Sunday’s game at Golden State, sources tell Chris Haynes of TNT and Bleacher Report (Twitter link).

Edwards has missed the past three games — his first absences of the season — after spraining his right ankle last week against Chicago. He sustained the injury in the first quarter when he landed awkwardly and rolled his ankle following a cross-court jump pass.

The former No. 1 overall pick had scored eight points in eight minutes in the game, which the Wolves went on to lose without him. They have gone 2-1 in the subsequent three games to currently hold a 37-37 record, making them the No. 7 seed in the West.

While the injury certainly looked bad at the time, Edwards has been listed as questionable before being ruled out in each of the past three contests, indicating the sprain wasn’t as serious as it could have been.

A first-time All-Star in 2022/23, Edwards is Minnesota’s leading scorer, averaging career highs in points (24.7), rebounds (5.9), assists (4.4) and steals (1.6) per game. He has posted .461/.371/.767 shooting splits through 71 games (36.0 minutes).

Northwest Notes: Towns, Nowell, SGA, Little

Karl-Anthony Towns provided an uplifting moment by returning from a long absence caused by a calf injury to help the Timberwolves defeat the Hawks on Wednesday, writes Jon Krawczynski of The Athletic. Towns received a thunderous ovation from the Minnesota crowd in his first appearance in roughly four months, then capped off the night by hitting two free throws to secure the victory.

“This is what movies are made of,” Towns said. “You come back, (52) games missing, sellout crowd, Target Center, and you get the ball with seven seconds left, no timeouts. You’ve got to make it. I mean, it doesn’t get better than that. … To be able to come up big for my teammates is all I’ve ever wanted to do.”

Towns’ return helped the Wolves climb back to .500 and move up to seventh in the crowded Western Conference playoff race. It also brought back the challenge of trying to effectively play him alongside Rudy Gobert, a combination that often seemed awkward before Towns got hurt.

“We’ve got to find a way to make the two-big lineup work,” coach Chris Finch said. “It has to be who we are in these last eight games. We have the flexibility to go a lot of different directions. But when a guy’s playing this well, he deserves to be out there in some form or fashion. It’s my job to figure it out.”

There’s more from the Northwest Division:

  • Timberwolves guard Jaylen Nowell is back in the lineup after missing 10 games with left knee tendinopathy, but the condition is likely to continue for the rest of the season, according to Chris Hine of The Star-Tribune. Nowell is attempting to manage the pain enough to get on the court, and he was able to return to action Monday. “It was slow and long. Just really tough,” Nowell said of the rehab process. “There were times it felt good, then would play on it for like five minutes and it wouldn’t feel good. We just kind of had to sit and do a lot of treatment. It was tough, just getting out there and watching the game, not playing. But glad to be back now.”
  • Coach Mark Daigneault said the Thunder are “open-minded” about using Shai Gilgeous-Alexander in both games of back-to-backs for the rest of the season, tweets Joe Mussatto of The Oklahoman. Oklahoma City faces the Clippers tonight and will stay in L.A. for Friday’s game against the Lakers.
  • Nassir Little missed Wednesday’s game after entering concussion protocol, the Trail Blazers announced (via Twitter).

Karl-Anthony Towns To Return On Wednesday

5:46pm: Coach Chris Finch confirms that Towns will play tonight with “some sort of limitations” on his minutes, tweets Timberwolves writer Dane Moore. Finch added that he had “no update” on Edwards’ status, which will likely be determined during warmups.


10:32am: Barring a setback in pregame warmups, Timberwolves big man Karl-Anthony Towns will return on Wednesday from a calf injury that has sidelined him for the last 51 games, according to reports from Shams Charania of The Athletic and Adrian Wojnarowski of ESPN (Twitter links). Speaking to Ramona Shelburne of ESPN, Towns confirmed the news.

“I’m super excited to get back out on the court and help my team because these next nine games are super important,” he said.

Charania first reported yesterday that Towns could be cleared to play on Wednesday vs. the Hawks. He also stated that Anthony Edwards (ankle sprain) might make his return against Atlanta, but Edwards’ status remains unclear. Both Towns and Edwards were listed by the Wolves as questionable for Wednesday’s contest.

Towns injured his calf on November 28 and reporting around the time of his injury suggested he would miss about four-to-six weeks. However, his recovery process has extended well beyond that, with the 27-year-old indicating this week that he experienced a “major setback” in January that essentially reset his rehab.

Towns was still adjusting to playing in the frontcourt alongside newcomer Rudy Gobert when he went down. His scoring average (20.8 PPG), rebounding rate (8.2 RPG), and three-point percentage (32.5%) were all career worsts or close to it, though he was still making 50.5% of his shots from the field and was thriving as a facilitator, with a career-best 5.3 assists per game.

With just nine games left in the season and the 36-37 Wolves in the midst of a tight playoff race (they currently hold the No. 9 seed in the West), Towns will have to get back up to speed quickly. He told Shelburne that he doesn’t expect to face major minute or role restrictions upon returning.

“I’m just trying to pick up where I left off,” Towns said. “I was telling my dad right before I got hurt, I felt the most complete as a player in my career. From defensive end, from offensive end, from a mental aspect, leadership aspect … I felt very complete.”

Following Wednesday’s matchup vs. Atlanta, the Wolves will finish the season with seven of their last eight contests against Western Conference teams, including a three-game road set in Golden State, Sacramento, and Phoenix starting this Sunday. They also have home games against the Lakers, Trail Blazers, and Pelicans on tap before the end of the regular season.

Wolves’ Towns, Edwards Could Return As Soon As Wednesday

4:38pm: Towns and Edwards are listed as questionable to play on Wednesday, the team’s PR department tweets.


9:26am: There’s optimism that major reinforcements could be coming to the Timberwolves‘ lineup as soon as Wednesday, reports Shams Charania of The Athletic (Twitter link). There’s a chance that both Karl-Anthony Towns and Anthony Edwards could be back in action for that night’s contest vs. Atlanta, sources tell Charania.

As we relayed on Monday, head coach Chris Finch said that Towns’ return from a calf strain that has sidelined him since November 28 was “really, really close,” while president of basketball operations Tim Connelly classified KAT’s return as “imminent.” Charania’s reporting lines up with those statements.

As for Edwards, he has missed a couple games due to an ankle sprain that he sustained on Friday. However, he was initially listed as questionable for both of those contests before being ruled out, which was a signal that the sprain wasn’t as significant as feared. Finch said on Monday that the team was still evaluating Edwards’ “pain tolerance, range of movement, (and) stability,” noting that the 21-year-old “never thinks he’s hurt” and wants to be playing.

The 36-37 Timberwolves are right in the middle of a congested playoff race in the Western Conference. Currently the No. 8 seed, they’re only one game back of the No. 6 Warriors but also only have a one-game cushion on the No. 12 Pelicans. Obviously, getting Towns and Edwards back in their lineup would give the Wolves some additional firepower for the home stretch of the regular season.

Given that Towns has missed nearly four months of action and was still going through some growing pains alongside center Rudy Gobert in the early part of the season, it will be interesting to see how the Wolves handle his role when he returns. It’s a safe bet that Edwards will immediately return to the starting five once he’s cleared to play.

KAT Had “Major Setback” In January, But Return “Imminent”

Timberwolves big man Karl-Anthony Towns has had a lengthy recovery from a Grade 3 calf strain that has kept him on the sidelines since November 28. However, he’s optimistic about being cleared to return soon, as he told Jon Krawczynski of The Athletic.

I feel good there is a day (coming),” Towns said. “There’s a time. I’ve been in the darkness of the tunnel and trying to figure out where I’m going. It’s good to know that there’s some light at the end of the tunnel.”

According to Krawczynski, Towns said he had a “major setback” in late January, which essentially restarted the entire rehab process. The 27-year-old declined to go into detail about the setback, but he was unable to sit on the team’s bench during that time because he had to keep his leg elevated.

I was standing up for 20 minutes, and my leg was done,” he said. “That was my first time trying it. I was thinking I could do it, and there was no way.”

As Krawczynski writes, this has been Towns’ longest absence of his career, and his first time dealing with a soft tissue injury, which can be tricky in the best of times. There’s also a risk of further injury to a lower extremity, like tearing the Achilles tendon or the ACL, if an athlete returns before the calf is fully healed. Town said his calf was “95 percent torn off,” making it even more of a risk.

That was a very real possibility of happening if I went back on the court,” Towns said. “It was one of those things we were all worried about. As a competitor I was like, ‘Ah f— it, I’ll play. I can do it. I’ll figure it out.’ There was just no way with what I had that I could even attempt to do that.”

Towns told Krawczynski he wishes that he and the team had been more transparent about the injury, as fans have been understandably frustrated by how long he’s been out. However, his commitment to playing shouldn’t be questioned and he’s nearing his return, according to president of basketball operations Tim Connelly.

We’re just really proud of how he’s approached rehab, and we’re extremely excited that his return is imminent,” Connelly said.

Here are a few more injury notes on the Wolves, per Chris Hine of The Star Tribune:

  • Head coach Chris Finch provided an update on Anthony Edwards, who has been unable to work out or practice after spraining his ankle on Friday. “For sure there’s some relief,” Finch said when asked about the injury not being severe. “But you know Ant. Ant always wants to play. Never thinks he’s hurt. So, hopefully it is feeling better, which he says it is. In terms of pain tolerance, range of movement, stability, all those things, I think we’re still trying to figure out where that really is with him.”
  • Finch also spoke briefly about Towns, Hine adds. “Feels really, really close,” Finch said of Towns’ potential return. “That’s all I can tell you. He’s looking good.” The Wolves have dropped five of six games and are barely clinging to a play-in spot, so the returns of Edwards and Towns could play a major factor in whether or not they’re able to make the postseason.
  • As Hine writes, backup guard Jaylen Nowell was able to return to the lineup for Monday’s game in New York. The impending free agent had been out for the previous 10 games with left knee tendinopathy, missing nearly a month of action.