Timberwolves Rumors

Timberwolves Sign Austin Rivers

JULY 21: Minnesota has officially announced the signing of Rivers, confirming the move in a press release.


JULY 14: The Timberwolves have made a move to bolster their bench as they continue to reshape their roster this summer. Minnesota is signing veteran combo guard Austin Rivers to a one-year contract, agents Dave Spahn and Aaron Mintz inform Adrian Wojnarowski of ESPN.

The 6’4″ vet will be signing on for the veteran’s minimum, per Darren Wolfson of 5 Eyewitness News (Twitter link).

Rivers will be reuniting with a familiar face in the Timberwolves front office — Minnesota team president Tim Connelly, who signed a lucrative deal of his own with the club this summer after a successful extended tenure with the Nuggets. Rivers spent parts of the last two NBA seasons as a key reserve in Denver under Connelly.

After signing a 10-day deal with the Nuggets in April 2021, Rivers quickly proved himself worthy of a roster spot on a postseason contender, and was promptly brought back on a rest-of-season deal. He further solidified his role with the club by stepping up as a scorer during the 2021 playoffs. In Denver’s first-round matchup against the Trail Blazers, Rivers averaged 11.5 PPG (while shooting 48.3% from deep), 2.3 APG and 2.2 RPG.

The 29-year-old journeyman re-signed with Denver during the 2021 offseason. He would go on to play a crucial role, largely off the bench, for a guard-deprived Denver club. Across 67 contests, including 18 starts, Rivers averaged 6.0 PPG on .417/.342/.727 shooting splits during 22.1 MPG of game action. He also pulled down 1.7 RPG, dished out 1.3 APG, and snagged 0.8 SPG.

Rivers joins a revamped Minnesota team that offloaded much of its veteran depth to add three-time Defensive Player of the Year Rudy Gobert. He’ll serve as a helpful ball-handler off the bench behind projected backcourt starters D’Angelo Russell and Anthony Edwards. Another new free agent signee, Kyle Anderson, will likely start at small forward, while Gobert will join All-Star big man Karl-Anthony Towns to form a jumbo-sized frontcourt tandem.

Northwest Notes: Juzang, Vanderbilt, Thunder, KCP

Two-way player Johnny Juzang could be another developmental success story for the Jazz, Sarah Todd of the Deseret News writes.

Juzang, one of UCLA’s stars during the Final Four run in 2021, should get more of an opportunity than most undrafted rookies with Utah apparently shifting to rebuild mode. There are questions about Juzang’s defensive ability, but he proved to be a steady offensive threat in college. He struggled in Summer League action, shooting 26.1% from the field.

“I feel like I see the floor pretty well right now but I want to continue to become even more of a playmaker,” Juzang said. “I’m also focused on playing on and off the ball. It will all come with time.”

We have more from the Northwest Division:

  • Forward Jarred Vanderbilt, one of the players acquired from the Timberwolves in the Rudy Gobert deal, should be a defensive asset for the Jazz. He recognizes that he can be even more of a force if he develops his offensive game, according to Eric Walden of the Salt Lake Tribune. Vanderbilt started 67 regular season games for Minnesota last season but only averaged 6.9 PPG in 25.4 MPG. “Finishing around the rim, touch; working on my shooting, trying to expand my range; working on ball-handling and counter-moves,” Vanderbilt said of what he needs to work on the most. “I’m still young in my career, where I have a lot of opportunity to still grow and expand my game as well. I’m sticking to the foundation that got me here, but building off that.”
  • What did the Thunder learn about No. 2 overall pick Chet Holmgren and the rest of their squad at the Vegas Summer League? Joe Mussatto of The Oklahoman breaks down their performances.
  • Kentavious Caldwell-Pope‘s two-year extension with the Nuggets is worth $14.7MM in 2023/24, with a $15.44MM player option for ’24/25, Hoops Rumors has learned. The deal comes in at approximately $30.15MM in total.
  • In case you missed it, Kenrich Williams agreed to a four-year extension with the Thunder. Get all the details here.

Chris Finch Discusses D'Angelo Russell, Rudy Gobert, More

Northwest Notes: A-Rod, Jazz Staff, Russell, Murray

Alex Rodriguez said he has been welcomed around the NBA, according to Tim Reynolds of The Associated Press. Rodriguez is part of the Timberwolves’ ownership group and will eventually become the majority owner along with business partner Marc Lore.

“I mean, I come at it from a different perspective, being in baseball for about a quarter of a century, and now it’s interesting to take my experience from Major League Baseball, from broadcasting and now being here as an owner,” Rodriguez said. “It’s been great. The NBA has welcomed me with open arms.”

He has been especially impressed with the league office.

“Team ownership is 365, 24/7,” Rodriguez said, “I knew that (NBA commissioner) Adam Silver and his team were great, but they’re even better than what they project. His senior management team, all the way through, they’re really incredible, they add tons of value. And I think they’re great at welcoming people, whether you’re a player, media, owner, executive into the room, and they know how to do that better than anyone.”

We have more from the Northwest Division:

  • New Jazz coach Will Hardy might retain holdovers Bryan Bailey and Irv Roland on his staff, Tony Jones of The Athletic reports. It was previously reported that Alex Jensen and Lamar Skeeter could remain on the staff. The Jazz are also in the market for a top assistant, Jones adds.
  • D’Angelo Russell is eager to get an extension this offseason, as he told Jon Krawczynski of The Athletic“Obviously every player wants an extension, and you want to be in a position to do that,” the Timberwolves guard said. Russell, who has been the subject of trade rumors, added that his representation has had some dialogue with Minnesota’s front office. He’s also eager to play with the frontcourt duo of Karl-Anthony Towns and Rudy Gobert. “For myself, I’ve always realized that if you put a shooter and a roller next to me, I can make the game easier for everyone around me,” he said. “I’m just looking forward to bringing that to the team.”
  • Load management will be the way the Nuggets handle Jamal Murray coming off his major knee injury, Harrison Wind of DNVR Sports tweets. Murray’s minutes will be limited to the 20-30 minute range at the start of next season and he’ll also have some games off.

Timberwolves Sign Bryn Forbes

JULY 12: The Timberwolves have officially signed Forbes, according to the transactions log at NBA.com.


JULY 1: The Timberwolves have agreed to terms on a deal with free agent shooting guard Bryn Forbes, sources tell Jon Krawczynski of The Athletic (Twitter link). It will be a minimum-salary contract, tweets Chris Hine of The Star Tribune. Darren Wolfson of 5 Eyewitness News adds (via Twitter) that it will cover just one year.

Forbes, who will turn 29 later this month, began the 2021/22 season in San Antonio and was traded to Denver prior to the deadline. In total, he appeared in 75 games for the two teams, averaging 8.8 PPG on .429/.414/.908 shooting in 17.1 MPG.

It was new president of basketball operations Tim Connelly who traded for Forbes this past season when he was still running the Nuggets’ front office.

Forbes is one of the NBA’s most reliable three-point shooters. Since his rookie year in 2016/17, he has knocked down at least 38.8% of his attempts from beyond the arc in five consecutive seasons, and he owns a career rate of 41.3%. However, he’s undersized for a shooting guard and can be targeted by opposing teams on defense.

The Wolves had been dealing with an apparent roster crunch entering the day, but opened up some roster spots when they agreed to send five players to Utah in a blockbuster trade for Rudy Gobert. Forbes projects as a bench piece who will help the club replenish its depth.

Northwest Notes: Lillard, Moore, Minott, Mitchell, Porter Jr.

Damian Lillard hasn’t joined many of his peers by demanding a trade or signing with another team as a free agent during his career. The Trail Blazers star just signed a two-year max extension and says there’s power in loyalty, Tim Reynolds of The Associated Press writes.

“Something that’s missing in our league is the character and the fight and the passion and pride about not just the name on the back, but the name on the front and how you impact the people you come into contact with,” Lillard said. “I think because of how much I’ve embraced that, and haven’t pretended to embrace it, this just shows the power in that.”

We have more from the Northwest Division:

  • Timberwolves rookie draft picks Wendell Moore and Josh Minott have shown promise but also growing pains during Summer League play, Jon Krawczynski of The Athletic writes. Moore has a shot to be the team’s No. 3 point guard and Minott, a frontcourt player, has intriguing potential as well. “I guess my playbook is going to open up a little bit for him, I’ll tell you that,” assistant coach Kevin Burleson said of Minott. “Some of the stuff he did, I didn’t know he could do. I didn’t see that in practice or the camp.”
  • While the Jazz reportedly are building their roster around Donovan Mitchell, ESPN’s Tim MacMahon said on Brian Windhorst’s podcast that there are whispers around the league that “(top executive) Danny Ainge is not convinced Mitchell can be the face of a contending franchise,” as HoopsHype relays.
  • Michael Porter Jr. offered another encouraging update on his health, Chris Dempsey of Altitude Sports tweets. The Nuggets forward says he has fully recovered from his latest back surgery. “I’m doing really well. I’m feeling good,” he said. “I just continue to give all the glory to God. I’m feeling great. I’m able to workout as much as I want. No pain or anything. I’m in a really good spot. I’m excited to get back with the team.”

Contract Details: Booker, Towns, Magic, Oladipo, Anderson, Hardy

The new super-max extensions for Suns guard Devin Booker and Timberwolves big man Karl-Anthony Towns each come with a different perk.

Booker’s deal includes a 10% trade kicker, but is fully guaranteed for all four years, with no player option in 2027/28.

Towns’ new contract, conversely, doesn’t feature a trade kicker, but has a fourth-year player option, giving Towns the ability to opt out and reach free agency in 2027.

Here are several more contract details from around the NBA:

  • Both Mohamed Bamba and Bol Bol received one guaranteed season and one non-guaranteed season on their new two-year contracts with the Magic. Bamba has matching cap hits of $10.3MM on his deal, while Bol’s cap hits are $2.2MM apiece.
  • Victor Oladipo‘s reworked two-year deal with the Heat came in at $18.2MM in total. It’s worth $8.75MM in 2022/23, with a $9.45MM player option for ’23/24.
  • As previously reported, Kyle Anderson‘s two-year contract with the Timberwolves is worth exactly $18MM. It features a first-year salary of $8,780,488 and a 5% raise to $9,219,512 for 2023/24.
  • Jaden Hardy‘s three-year contract with the Mavericks is, as expected, worth the minimum in all three seasons. It’s fully guaranteed in the first two years, with a partial guarantee of $400K in year three.

Northwest Notes: Porter Jr., Lillard, Cancar, Gobert

Michael Porter Jr.‘s season was short-circuited by back surgery but the Nuggets forward said he’s ready to go for next season, Harrison Wind of DNVR Sports tweets.

On an NBA TV interview, Porter said, “I think I’m 100% at this point. It’s a blessing. I feel good. I’m excited to get back on the court and play basketball.”

We have more from the Northwest Division:

  • In an interview with ESPN’s Cassidy Hubbarth, Damian Lillard said he’s healthy after recovering from abdominal surgery, Tim Reynolds of The Associated Press tweets. “I wanted to fight through it. … It got to the point where I had to play it smarter,” Lillard said. “… My body is stronger than it was before in certain areas.” Lillard will be signing a two-year max extension with the Trail Blazers.
  • In the same interview, Lillard gave a ringing endorsement to the Jerami Grant trade with the Pistons. Reynolds relays in another tweet“I loved it. That was like the No. 1 thing I wanted to get done,” he said. “Jerami has been on winning teams in OKC and Denver. He brings something to the game that we haven’t had at that position.”
  • Vlatko Cancar‘s three-year contract with the Nuggets is worth $6.8MM, ESPN’s Bobby Marks tweets. Cancar signed the contract on Thursday. As previously reported, it includes a team option in the last year.
  • Rim protection and rebounding were areas of needs for the Timberwolves. That’s why they were willing to pay a high price for Rudy Gobert, Jon Krawczynski of The Athletic writes. “We gave up a lot. There’s no two ways about it,” president of basketball operations Tim Connelly said. “Tremendous draft capital, really good players, really good guys. But when you’re able to add a guy that’s as good as Rudy and not touch your top two or three players, it’s really, really rare.”

Karl-Anthony Towns Signs Super-Max Extension With Timberwolves

JULY 7: Towns has officially signed the contract, according to a team press release.

“I couldn’t be prouder to continue my commitment to this franchise and community for years to come,” Towns said. “Minnesota has become my home and I am excited to continue making the fans proud to support the Timberwolves. My first seven years in the league, it has been an amazing journey. It all started with Flip Saunders taking a chance on me and now here we are. I look forward to all the achievements that are ahead for our team and the Timberwolves fanbase.” 


JUNE 30: Karl-Anthony Towns has agreed to sign a four-year, super-max extension with the Timberwolves, agent Jessica Holtz tells ESPN’s Adrian Wojnarowski (Twitter link).

The deal will begin in 2024/25 and will be worth 35% of that season’s salary cap, with 8% raises in subsequent seasons. Since the ’24/25 cap figure isn’t yet known, neither is the amount of Towns’ extension, but Wojnarowski projects it to be worth about $224MM over four years.

The signing is something of a no-brainer for a Minnesota club on the rise. Towns, still just 26, enjoyed something of a comeback season with Minnesota in 2021/22. Though his stats in recent years remained impressive, the team had been mired in middling lottery-bound purgatory for three straight seasons prior to 2022.

In 2022, the 6’11” center made his first All-Star team since 2019 and his first All-NBA Team since 2018. Towns also won the NBA Three-Point Contest during the 2022 All-Star Weekend, a rarity for a big man. During 74 games last year, Towns averaged 24.6 PPG, 9.8 RPG, and 3.6 APG, with guard-like shooting splits of .529/.410/.822.

The three-time All-Star’s offensive prowess was a big reason the Timberwolves returned to their first playoff berth in four years. Led by Towns and second-year phenom Anthony Edwards, plus guards D’Angelo Russell and Patrick Beverley, the seventh-seeded Timberwolves pushed the second-seeded Grizzlies in a tough, physical first-round series. Minnesota would ultimately fall to Memphis in six games.

A super-max contract extension for Towns, an exceptional offensive talent just reaching his prime, had previously been considered the top priority for Minnesota’s front office this summer.

So far in free agency, the team has also added veteran small forward Kyle Anderson and re-signed tweener forward Taurean Prince to a two-year extension. The team also exercised non-guaranteed team options for 2022/23 on Naz Reid and Jaylen Nowell.

In the draft, the Timberwolves added several intriguing young players. Auburn big man Walker Kessler, the Naismith National Defensive Player of the Year, and Duke small forward Wendell Moore, were selected in the first round. Memphis drafted Memphis swingman Josh Minott and Vanoli Cremona shooting guard Matteo Spagnolo in the second round.

Timberwolves Sign Wendell Moore To Rookie Deal

The Timberwolves have signed Wendell Moore to his rookie scale contract, according to the NBA’s transactions log.

Moore was selected with the No. 26 pick. The Mavericks held the pick and agreed to trade it to Houston as part of the Christian Wood deal. Houston then re-routed the pick to Minnesota for the rights to TyTy Washington and two future second-rounders.

The former Duke wing’s four-year deal is worth $11,839,563, assuming the usual 120% rate above the rookie scale. His first-year salary would come out to $2,306,520.