Timberwolves Rumors

Timberwolves Sign Jaedon LeDee To Exhibit 10 Contract

Former San Diego State forward Jaedon LeDee has agreed to an Exhibit 10 contract with the Timberwolves, sources tell Michael Scotto of HoopsHype (Twitter link). The deal is official, per RealGM’s transaction log.

LeDee, 25, joined Minnesota’s Summer League team after going unselected in this year’s draft. He appeared in five games in Las Vegas, averaging 2.6 points and 2.0 rebounds in 9.8 minutes per night.

In his senior season with the Aztecs, LeDee received the Karl Malone Award as the best power forward in college basketball. He was also selected as a second-team All-American by NABC and the Sporting News and was a third-team choice by the Associated Press after posting 21.4 points, 8.4 rebounds and 1.2 assists in 36 games.

LeDee began his collegiate career at Ohio State, but transferred to TCU after his freshman season. He moved on to San Diego State two years later and was part of the 2023 Final Four team. He originally declared for the draft in 2023, but withdrew his name to spend one more season in college.

The Wolves currently have 14 players on standard contracts and all three of their two-way slots filled, so LeDee faces long odds to earn a roster spot. He’ll likely end up with the team’s G League affiliate in Iowa, where he’ll be eligible to earn a bonus of up to $77.5K by remaining with the team for 60 days.

LeDee’s signing brings Minnesota’s roster to 20 players, one off the 21-man offseason limit.

Northwest Notes: Gupta, Mays, Singer, Jazz Offseason

Timberwolves executive Sachin Gupta is changing sports. He’s leaving his post as executive vice president of basketball operations to take a prominent position with soccer’s Chelsea FC, Jon Krawczynski of The Athletic tweets.

Gupta, 42, has been in the Timberwolves’ front office since May 2019. He also had stints with the Rockets, Sixers and Pistons. Gupta served as the interim head of basketball operations in Minnesota following the 2021 dismissal of Gersson Rosas before the organization hired Tim Connelly in 2022.

We have more from the Northwest Division:

  • The Timberwolves’ NBA G League franchise, the Iowa Wolves, has acquired the returning player rights to guard Skylar Mays from the Westchester Knicks in exchange for the returning player rights to guard Vit Krejci and a 2025 G League first round pick, according to a Wolves press release. The Timberwolves signed Mays to an Exhibit 10 contract on Tuesday. By trading for Mays’ returning player rights, the Wolves can offer him a bonus worth up to $77.5K if he’s waived and then spends at least 60 days with the Iowa Wolves.
  • A former Nuggets beat writer is joining their organization. Denver is hiring former Denver Post reporter Mike Singer as their director of intelligence and strategy, according to The Denver Post’s Bennett DurandoIn addition to hiring Singer, the Nuggets are promoting Todd Checovich to the position of scouting director. Drew Nicholas, who held that position for two years, accepted a new job with the Nets this summer.
  • Many of the Jazz players stayed close to their NBA home during the offseason. Keyonte George, Taylor Hendricks, Isaiah Collier, Brice Sensabaugh, Cody Williams, Kyle Filipowski, Walker Kessler and Collin Sexton spent the majority of the summer working out in Utah, according to Sarah Todd of The Deseret News.

2027/28 Season Viewed As Target For NBA Expansion

One reason the NBA isn’t yet prepared to dive head-long into expansion talks is that a potential Celtics sale could reset the market, sources tell ESPN’s Tim Bontemps, Kevin Pelton, and Brian Windhorst. If the Celtics set a new record for the highest sale price ever for an NBA team, it would only increase the price tag for incoming expansion franchises, as ESPN’s trio notes.

Commissioner Adam Silver recently stated that the NBA is “not quite ready” to move forward on the expansion process, though he left the door open for those discussions to happen later on in the 2024/25 league year.

With the NBA continuing to drag its heels on expansion, league sources and people connected to potential bidding groups are viewing the 2027/28 season as the target date for when one or more expansion teams could begin playing, with the ’26/27 campaign considered an increasingly unrealistic – albeit not impossible – option, according to Bontemps, Pelton, and Windhorst.

Based on the growing valuations of NBA franchises, it’s not unrealistic to project that a pair of new teams could net the league $10 billion combined – or even more than that – in expansion fees, ESPN’s reporters suggest.

While some current NBA team owners are wary of further diluting their share of the league’s revenue by slicing off two more pieces of a “pie” currently being shared 30 ways, expansion fee payments (which don’t have to be shared with the players’ union) exceeding $300MM apiece could help sway those ownership groups, as Bontemps, Pelton, and Windhorst point out. Additionally, the $76 billion media rights deal negotiated by the NBA earlier this year has assuaged some owners’ concerns about sharing revenues with 31 partners instead of 29, the ESPN trio adds.

Here are a few more items of note from ESPN’s in-depth FAQ on the possibility of expansion:

  • Although the National Basketball Players Association has no real voice in the expansion process, the union would be “very much in favor” of adding 36 new jobs (30 standard roster spots and six two-way slots) for its members, sources tell ESPN.
  • Seattle and Las Vegas are widely considered the favorites to land expansion teams, but they likely won’t be the only cities receiving consideration. Sources who spoke to ESPN view Mexico City as the most likely candidate to seriously enter the mix along with Seattle and Vegas, though Bontemps, Pelton, and Windhorst acknowledge there would be a number of “logistical hurdles” to contend with.
  • If Seattle and Las Vegas land expansion teams, they would both have to be Western Conference clubs, meaning one current Western team would have to move to the Eastern Conference. According to ESPN, that decision would likely come down to the Pelicans, Grizzlies, and Timberwolves, with Minnesota considered the most logical choice to move East since the Wolves are geographically closer to five Eastern opponents than they are to their closest Western opponent (Denver). Still, it could be a “protracted fight” to determine which team would change conferences.
  • The ownership group of the NHL’s Seattle Kraken – led by Samantha Holloway and her father David Bonderman – is considered the most likely bidder for a Seattle franchise, per ESPN. Hall of Fame NBA executive Rick Welts has served as an advisor for the Kraken ownership group, which also includes the sons of former Sonics owner Barry Ackerley. Chris Hansen, who previously attempted to relocate the Sacramento Kings to Seattle, isn’t expected to lead a bid to bring the NBA to the city, but would be willing to assist in the process, ESPN’s trio adds.
  • Active NBA players aren’t permitted to own a stake in an existing franchise, but the rules for an active player becoming a stakeholder in an expansion franchise (before it begins play) aren’t as clear. Those rules may need to be clarified in the coming years, with LeBron James seriously interested in getting involved in a bid for a Las Vegas team. According to ESPN’s report, former Bucks co-owner Marc Lasry is putting together a group to bid for a Vegas franchise — that group is expected to include longtime WNBA star Candace Parker.

Timberwolves Sign Eugene Omoruyi, Skylar Mays

SEPTEMBER 17: Both deals are official, per RealGM’s transaction log. Both Omoruyi and Mays signed Exhibit 10 contracts, as expected, Hoops Rumors has confirmed.


SEPTEMBER 16: The Timberwolves have agreed to sign free agents Eugene Omoruyi and Skylar Mays, reports Michael Scotto of HoopsHype (Twitter link).

While Scotto doesn’t specify the terms of the agreements, Omoruyi and Mays seem likely to sign non-guaranteed contracts that include Exhibit 9 and/or Exhibit 10 language. The Exhibit 9 clause protects teams in the event of a preseason injury, while the Exhibit 10 clause allows for a bonus worth up to $77.5K if the player is waived by his NBA team and then spends at least 60 days with the club’s G League affiliate.

Omoruyi, 27, has played for the Mavericks, Thunder, Pistons, and Wizards since making his NBA debut in the fall of 2021. The 6’7″ forward made a career-high 43 appearances for Washington last season, averaging 4.8 PPG, 2.0 RPG, and 0.8 APG in 9.1 MPG. His contract with the Wizards covered the 2024/25 season, but his salary was non-guaranteed and Washington opted to waive him in August.

Mays, the 50th overall pick in the 2020 draft, has appeared in 105 games across four seasons for the Hawks, Trail Blazers, and Lakers. The 27-year-old 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 last month to be drawing interest from Italian team Olimpia Milano, but it appears he’ll be remaining stateside at least for the time being. He’s no longer eligible for a two-way contract, whereas Omoruyi – who has three years of NBA service – has one more season of two-way eligibility.

The Wolves currently have 17 players under contract. Once they complete reported deals with Omoruyi, Mays, and Chasson Randle, they’ll be one away from the 21-player preseason limit.

Wolves Notes: Financial Future, Dillingham, Ingles, Gobert

There’s been unprecedented offseason excitement surrounding the Timberwolves after they reached the Western Conference Finals, but their time as title contenders could be limited, writes Jon Krawczynski of the Athletic. While ticket sales and sponsorships have reached an all-time high, there are financial realities on the horizon that threaten the team’s future.

Minnesota already has an expensive roster with Karl-Anthony Towns, Rudy Gobert and Anthony Edwards playing on max contracts, and Jaden McDaniels, Naz Reid and Mike Conley all have lucrative deals as well. The Wolves are one of four teams operating above the second apron, which imposes significant financial penalties and severely restricts their ability to make roster moves.

Krawczynski points out that wealthier rivals like the Warriors and Clippers made roster decisions this summer to ease their financial burdens, even if those choices meant sacrificing talent. Both those teams have stable ownership situations, unlike the Wolves, who are the subject of a battle between Glen Taylor and the Marc Lore/Alex Rodriguez group that won’t be decided until after a November arbitration hearing.

Krawczynski also notes that Minnesota has rarely been a taxpaying team since Taylor took over as owner. He speculates that anything short of a championship season could result in a roster upheaval, speculating that rival teams already have their eyes on a potential breakup. Towns has long been involved in trade rumors, while Gobert is eligible for an extension with just one guaranteed year (plus a player option) left on his current deal, Reid holds a player option for the 2025/26 season, and Nickeil Alexander-Walker will be seeking a raise next offseason following the final year of his current contract.

There’s more from Minnesota, all from Krawczynski:

  • The Wolves didn’t seek a veteran guard to back up Conley this summer because they have confidence in first-round picks Rob Dillingham and Terrence Shannon. They lost Kyle Anderson, Jordan McLaughlin and Monte Morris from last year’s roster, and Dillingham is the team’s only true point guard behind Conley. At Kentucky, Dillingham displayed a quick first step to get past defenders, and Krawczynski states that general manager Tim Connelly believes the young guard can create opportunities for his teammates.
  • Minnesota hopes Joe Ingles will replace the play-making from the wing it lost when Anderson left, Krawczynski adds. Ingles, who signed as a free agent, also provides much better shooting, although he’ll turn 37 in October.
  • Krawczynski notes that Gobert responded to offseason criticism last year by becoming a better fit in the Wolves’ offense and winning Defensive Player of the Year honors for the fourth time. The French big man may feel like he has something to prove again after his embarrassing lack of playing time during the Summer Olympics.

Taylor Subpoenaes League Amid Legal Battle

  • Terrence Shannon Jr. and his mother, Treanette Redding, filed a Notice of Claim to sue the Douglas County district attorney, the Lawrence (Kansas) police department and a detective for malicious prosecution, among other claims, Mitch Gilfillan tweets. Shannon, a Timberwolves rookie, was found not guilty of all charges at his criminal trial in Kansas in June. Shannon was facing felony charges of first-degree rape and sexual aggravated battery.
  • Timberwolves owner Glen Taylor has subpoenaed the NBA in his ongoing legal battle over control of the franchise, according to Eben Novy-Williams of Sportico. It’s an unusual move, Novy-Williams notes, and could potentially expose private league communications and financial information to a public audience. The battle between Taylor and prospective owners, Marc Lore and Alex Rodriguez, is headed for arbitration in November.

2024/25 NBA Over/Unders: Northwest Division

With the 2024/25 NBA regular season set to tip off next month, we’re getting serious about predictions for the upcoming campaign and continuing an annual Hoops Rumors tradition.

With the help of the lines from a series of sports betting sites – including Bovada and BetOnline – we’re running through the predicted win totals for each of the NBA’s 30 teams, by division. In a series of team-by-team polls, you’ll get the chance to weigh in on whether you think those forecasts are too optimistic or too pessimistic.

In 2023/24, our voters went 16-14 on their over/under picks. Can you top that in ’24/25?

We’ll continue our series today with the Northwest Division…


Oklahoma City Thunder


Minnesota Timberwolves


Denver Nuggets


Utah Jazz


Portland Trail Blazers


Previous voting results:

Atlantic

  • Boston Celtics (58.5 wins): Over (69.7%)
  • New York Knicks (53.5 wins): Over (58.8%)
  • Philadelphia 76ers (52.5 wins): Under (51.7%)
  • Toronto Raptors (30.5 wins): Under (58.7%)
  • Brooklyn Nets (19.5 wins): Over (54.3%)

Southwest

  • Dallas Mavericks (49.5 wins): Over (78.0%)
  • Memphis Grizzlies (47.5 wins): Under (65.6%)
  • New Orleans Pelicans (46.5 wins): Under (60.6%)
  • Houston Rockets (43.5 wins): Under (51.4%)
  • San Antonio Spurs (36.5 wins): Under (52.9%)

Southeast

  • Orlando Magic (47.5 wins): Over (57.1%)
  • Miami Heat (44.5 wins): Under (63.1%)
  • Atlanta Hawks (35.5 wins): Under (66.4%)
  • Charlotte Hornets (29.5 wins): Under (63.1%)
  • Washington Wizards (20.5 wins): Under (56.6%)

Silver: League Still Isn’t Ready To Tackle Expansion

The league isn’t quite ready to explore expansion talks, NBA commissioner Adam Silver revealed during a Tuesday press conference. Silver addressed the media after the league’s Board of Governors meeting.

“There was not a lot of discussion in this meeting about expansion, but only largely not for lack of interest, it was that we had said to them that we’re not quite ready,” Silver said, per ESPN’s Tim Bontemps. “It was something that we told our board we plan to address this season, and we’re not quite ready yet. But I think there’s certainly interest in the process, and I think that we’re not there yet in terms of having made any specific decisions about markets or even frankly to expand.”

Expansion has been put off while the league negotiated a new Collective Bargaining Agreement and reached new broadcast deals. With those items in the rear view mirror, the league could eventually discuss expansion in the coming months. The first step in that process, according to Bontemps, would be forming a committee of several owners to explore the topic and determine what the next steps would be.

Here’s more from Silver’s press conference and the BOG meeting:

  • The commissioner would prefer that legalized sports betting had a “federal framework,” rather than being a state competition with varying rules. “I was in favor of a federal framework for sports betting. I still am,” he said. “I still think that the hodgepodge of state by state, it makes it more difficult for the league to administer it. I think it creates competition, understandably, among states to get — just think New York, New Jersey or a situation like that where you’re both competing for the same customer, so you can compete on tax rates and other things and a regulatory framework.”
  • The league is essentially in wait-and-see mode regarding the potential sales of two franchises, the Timberwolves and the Celtics, according to The Associated Press’ Tim Reynolds. Minnesota’s dispute between current majority owner Glen Taylor and potential majority owners Marc Lore and Alex Rodriguez is headed to arbitration. “That’s a process that exists independent of the league that was set out in the sales agreement,” Silver said. Boston’s ownership group, led by Wyc Grousbeck, intends to sell the majority of its shares later this year or early next year, then close on a sale of the balance of remaining shares in 2028. “I think that Wyc Grousbeck and his ownership group are in the process of working through what the steps will be,” Silver said.
  • Raptors Governor and Chairman of Maple Leaf Sports & Entertainment Larry Tanenbaum has been re-elected as the Board’s chairman, NBA Communications tweets. Tanenbaum has served in that role since 2017.
  • The league could have a national streaming RSN platform as soon as the 2025/26 season, according to the Sports Business Journal’s Tom Friend. Numerous teams were affected Diamond Sports bankruptcy proceedings. Diamond is the parent company of Bally Sports. “I think coming out of this, when we look at the interest of streaming services to carry local games and all the additional functionality that will come to that, there will be a transition and transition for our viewers, as well, in terms of how they discover those games and how they watch them, that I think the end result will be a much better consumer experience,” Silver said.

Northwest Notes: Hartenstein, Edwards, Gobert, Nuggets

The debate over whether or not Isaiah Hartenstein should start for the Thunder remains a hot topic among fans in Oklahoma City as training camp nears, writes Joel Lorenzi of The Oklahoman.

Lorenzi expects Hartenstein to toggle back and forth between the starting five and the second unit depending on matchups, writing that whether or not he starts matters less than the lineups he’ll play with.

Lorenzi wouldn’t be surprised if the Thunder’s top free agent addition plays alongside Chet Holmgren frequently at the start of the season, as head coach Mark Daigneault gathers information on how the duo performs together, but Hartenstein will also be a crucial piece in non-Holmgren lineups, which badly needed a rim protector last season, Lorenzi notes.

Here’s more from around the Northwest:

  • The ongoing development of Anthony Edwards is the key to the Timberwolves continuing to raise their ceiling, according to John Schuhmann of NBA.com, who breaks down some numbers and film in considering how the All-NBA guard could keep getting better.
  • Referring to the four-time Defensive Player of the Year as the league’s “favorite pin cushion,” Jon Krawczynski of The Athletic defends Timberwolves center Rudy Gobert from some of the criticism he’s taking this offseason after being on the wrong end of a Luka Doncic highlight in the Western Conference Finals and playing limited minutes for France during their run to a silver medal at the Paris Olympics. Gobert was a huge part of Minnesota’s success last season and will be even more critical in 2024/25, Krawczynski contends.
  • In a subscriber-only mailbag for The Denver Post, Bennett Durando explores several Nuggets-related topics, including what Michael Porter Jr.‘s next contract might look like and where Zeke Nnaji stands as he enters a four-year, $32MM extension. General manager Calvin Booth has made it clear he still believes in Nnaji, Durando writes, but the big man’s deal “obviously looks terrible” after a poor 2023/24 showing.

New York Notes: Randle, Knicks, Martin, Etienne

All-Star Knicks power forward Julius Randle has struggled to stay healthy during New York’s last two playoff appearances, and questions have long lingered about his fit on Tom Thibodeau‘s team.

With All-NBA point guard Jalen Brunson now clearly the Knicks’ top offensive option and the team missing center depth, Eric Pincus of Bleacher Report pitches an intriguing hypothetical three-team deal involving Randle.

Pincus proposes that the Knicks send Randle and reserve center Jericho Sims to the Hornets and a pair of heavily protected 2025 first-round picks to the Wizards. In Pincus’ suggested deal, the Knicks would acquire floor-spacing combo forward Grant Williams and bouncy center Nick Richards while generating a pair of trade exceptions. Charlotte would also acquire Corey Kispert and Marvin Bagley while Washington would add Josh Green and Cody Martin in Pincus’ hypothetical.

There’s more out of New York:

  • The Knicks could still be on the hunt for a reserve center, Ian Begley of SNY.tv writes in a new mailbag. New York previously explored signing Omer Yurtseven and Bruno Fernando, both of whom ended up elsewhere.
  • Heading into the 2024/25 season, the Knicks have one final standard roster spot available. Sources tell Begley that it appears unlikely New York will bring back reserve point guard Ryan Arcidiacono for that spot. The Knicks may instead look to see if anyone stands out in training camp enough to warrant becoming the club’s 15th man.
  • The Nets‘ G League affiliate, the Long Island Nets, have traded their 2025 first- and second-round draft picks to the Iowa Wolves, the Timberwolves‘ NBAGL squad, in exchange for the returning player rights to forward Tyrese Martin. Across 33 contests (28 starts), the 6’6″ wing averaged 17.8 points, 8.0 boards, 3.5 assists and 1.0 steals.
  • Long Island has been active this week. The Nets‘ NBAGL team also shipped out the returning player rights to forward Kaiser Gates to the Hawks‘ G League team, the College Park Skyhawks, to obtain the returning rights for guard Tyson Etienne. In 51 regular season games with the Skyhawks from 2022-24, Etienne averaged 7.6 points on .444/.356/.722 shooting splits, plus 3.5 assists, 2.6 rebounds and 0.7 steals per night.