Minnesota Timberwolves Rumors | Hoops Rumors

Wolves’ Glen Taylor Talks Gobert, McDaniels, Russell, Towns

August 11th, 2022 at 4:04pm CST by Luke Adams

Appearing on The Scoop podcast with Darren Wolfson of SKOR North and 5 Eyewitness News, Timberwolves majority owner Glen Taylor admitted he was somewhat surprised by the team’s acquisition of star center Rudy Gobert, since it “happened fairly fast.”

According to Taylor, new Wolves president of basketball operations Tim Connelly had his eye on multiple impact trade targets, but Gobert was his “number one option.” The input of head coach Chris Finch, who expressed confidence in his ability to use Gobert and Karl-Anthony Towns, was also a key factor in Minnesota’s decision to pull the trigger on the blockbuster deal.

“What I did when Tim and Chris talked to me about this trade is to ask (Finch) is there a system that he knows how to utilize these players,” Taylor said. “And he was very confident that he did understand how to utilize their skill sets, being two big guys. We talked about a lot, so he convinced me that this is something that is going to take us to a winning situation, and gave us the go-ahead to make the trade.”

Taylor confirmed that the Jazz pushed for Jaden McDaniels to be part of the trade package for Gobert, which “prolonged the trade talks for a while,” but the Wolves were eventually able to meet Utah’s asking price without including the young forward.

Here’s more from Taylor on the Wolves:

Asked if he’d like to see D’Angelo Russell sign an extension before the season begins, Taylor said it might benefit both sides to hold off and see how the 2022/23 season goes. “(Finch) believes that with the new lineup, and with Russell in that lineup, that he’ll have a much better year just because of the way we’re going to play,” Taylor said. “He says he thinks there’s a big upside for Russell with this group of (players). That’s to his advantage and to our advantage if it works out.”
The decision to give Towns a super-max extension this offseason was an easy one, Taylor said: “It was a non-issue. That’s what we set it up for, the elite players, and Karl has proved he’s one of those players.”
Taylor said that he doesn’t expect the Timberwolves to make any more significant roster moves this offseason, though he didn’t rule out the possibility that Connelly could surprise him. “I just know Tim keeps his ears and eyes open all the time, looking (to see) if there’s something else that might happen,” Taylor said. “He’s very proactive if he sees an opportunity that could enhance our team. I think we’re set, but always knowing that he’ll be looking for an opportunity.”
The plan remains for Taylor to hand over control of the franchise to incoming owners Marc Lore and Alex Rodriguez in a little over a year. The Wolves’ longtime owner said he’s not having any regrets about giving up control of the team as it becomes a more legitimate contender. “No, I don’t have any second thoughts. I think it’s the right thing to do,” Taylor said. “We’ve left some options open that I’ll continue to be involved if I want to be involved, and that suits me just fine.”

CJ Elleby's Deal Now Official

August 10th, 2022 at 3:18pm CST by Luke Adams

CJ Elleby‘s non-guaranteed contract with the Timberwolves is now official, Hoops Rumors has learned. As expected, the deal includes Exhibit 10 language, meaning Elleby could become an affiliate player for the Iowa Wolves or could have his contract turned into a two-way pact.

25 Of NBA’s 30 Teams Have Made At Least One Offseason Trade

August 8th, 2022 at 8:03am CST by Luke Adams

Since the 2022 NBA offseason began, 26 trades have been made, as our tracker shows. A total of 25 teams have been involved in those 26 deals, with 15 clubs (half the league) completing multiple trades.

The Raptors, Heat, Bulls, Pelicans, and Clippers are the only teams that have not been part of at least one trade since their seasons ended this spring. While most of those clubs were pretty active in free agency, it has been an especially quiet offseason in New Orleans, where the Pelicans also haven’t made a single free agent signing.

On the opposite end of the spectrum, the Timberwolves have been the NBA’s most active team on the trade market this summer, with new president of basketball operations Tim Connelly putting his stamp on the franchise in his first few months on the job. After making four draft-night deals in June, Minnesota finalized the offseason’s biggest trade by acquiring Rudy Gobert from the Jazz just over a month ago.

The Hawks and Knicks, with four deals apiece, have been the next most active teams on the trade market. A pair of Atlanta’s moves were minor, but the other two – acquiring Dejounte Murray and sending Kevin Huerter to Sacramento – will have a major impact on the team going forward. As for New York, most of Leon Rose‘s deals involved shuffling around draft picks and clearing cap room for the team’s free agent signings of Jalen Brunson and Isaiah Hartenstein.

Here are a few more details on this summer’s 26 trades:

The Pacers, Pistons, Nuggets, Grizzlies, and Kings have each made three trades. The other teams to make multiple deals are the Hornets, Thunder, Jazz, Trail Blazers, Mavericks, Rockets, and Spurs, with two apiece.
That leaves the Sixers, Nets, Celtics, Cavaliers, Bucks, Magic, Wizards, Lakers, Warriors, and Suns as the clubs that have each completed just one trade.
All 26 of this offseason’s trades have consisted of just two teams, with no three- or four-team deals made so far. A draft-night agreement involving the Hornets, Knicks, and Pistons was originally reported as a three-team trade, but was ultimately completed as two separate deals.
Not a single player has been signed-and-traded so far during the 2022 offseason. That’s pretty surprising, since 27 free agents changed teams via sign-and-trade in the three years from 2019-21 and only four teams used cap room this offseason — sign-and-trades are typically more common in years when most clubs are operating over the cap.
Eight first round picks from the 2022 draft were traded this summer, and four of those were dealt twice: Jalen Duren (Charlotte to New York to Detroit); Walker Kessler (Memphis to Minnesota to Utah); Wendell Moore (Dallas to Houston to Minnesota); and TyTy Washington (Memphis to Minnesota to Houston).
Another dozen second round 2022 picks changed hands this offseason, including one that was on the move twice (No. 46 pick Ismael Kamagate from Detroit to Portland to Denver).
A total of 15 future first round picks (2023 and beyond) were included in trades this summer, including a pair that changed hands twice. Six of those first round picks were unprotected, while nine included protections.
Another 19 future second round picks (2023 and beyond) were also traded, with two of those 19 dealt twice. All but one of those traded second rounders was unprotected.

Lakers Talked To Knicks, Jazz About Possible Three-Team Trade

August 5th, 2022 at 7:18am CST by Luke Adams

The Lakers spoke to the Jazz and Knicks a few weeks ago about a hypothetical three-team trade scenario that would see Donovan Mitchell land in New York, with Russell Westbrook going to Utah, league sources tell Michael Scotto of HoopsHype.

As Scotto explains, the proposed deal would involve at least two Jazz players (likely some combination of Bojan Bogdanovic, Patrick Beverley, Jordan Clarkson, and Malik Beasley) going to Los Angeles, while the Knicks would send out players to both teams for salary-matching purposes. New York would need to trade at least $24.2MM in outgoing salary to match Mitchell’s $30.35MM cap hit.

The Jazz – who would buy out Westbrook if they acquired him, according to Scotto – would receive significant draft compensation from both the Lakers and Knicks for trading Mitchell and taking on Westbrook’s $47MM+ salary.

According to Scotto, the Lakers have had interest in Knicks forward Cam Reddish in the past. Additionally, New York previously expressed interest in Beasley and now employs Gersson Rosas, who acquired and re-signed Beasley when he was working in the Timberwolves’ front office. So if the three teams were able to work out a deal, it would be worth keeping an eye on whether the Lakers could land Reddish or the Knicks could get Beasley.

However, it sounds like it’s probably a long shot that the Jazz, Lakers, and Knicks will be able to reach an agreement.

Utah, of course, wants a substantial haul for Mitchell, having reportedly asked the Knicks for three players and six draft picks last month. And teams that have talked to Los Angeles about Westbrook are believed to be seeking the Lakers’ 2027 and 2029 first-round picks (with as little protection as possible) to accommodate the salary dump. According to multiple reports, L.A. has thus far resisted attaching more than one first-rounder to Westbrook in any proposed trade.

For the Lakers, Jazz, and Knicks to make a deal, they’d have to find common ground on the price tags for both Mitchell and Westbrook, which will be extremely challenging.

It’s unclear, based on Scotto’s report, whether or not the three clubs are still actively exploring this scenario or how viable they consider it to be.

Cavs Rumors: Sexton, Luxury Tax, Osman, LeBron

August 3rd, 2022 at 4:00pm CST by Luke Adams

The Cavaliers have “a lot of confidence” that restricted free agent Collin Sexton will be back with the team next season, Chris Fedor of Cleveland.com told Jake Fischer during the latest episode of Fischer’s Please Don’t Aggregate This podcast.

As Fedor explains, there has been no indication that the Cavs are seriously exploring any sign-and-trade scenarios or that a suitor with cap room will make an aggressive play for Sexton, so it may just be a waiting game to see what kind of contract the former lottery pick ends up on.

As Fedor explains, when Sexton and the Cavs discussed an extension a year ago, they were exploring a Bogdan Bogdanovic-type contract — approximately $72MM over four years. However, after Sexton missed nearly all of 2021/22 due to a torn meniscus, the Cavs would like to get him back on a deal in the range of $12-14MM per year. Fedor has previously reported that the team put a three-year, $40MM offer on the table.

Given that agent Rich Paul is a tough negotiator and won’t want to accept a long-term deal that he believes is below market value, Fedor still believes the most likely scenario is that Sexton accepts his $7.2MM qualifying offer, which would allow him to reach unrestricted free agency next summer. However, both Fischer and Fedor believe that there’s a case to be made for Sexton accepting that three-year offer, since it would give him some financial security and would still put him on track to enter unrestricted free agency at age 26.

Here’s more on the Cavs:

It’s “very important” to the Cavs that they don’t go into luxury tax territory this season, per Fedor. “I had it put to me that it’s not happening, that they’re not willing to go into the luxury tax” Fedor said. Currently, the team has about $13MM in breathing room below the tax line, though if Sexton accepts the club’s current offer, that cushion would all but disappear. That proximity to the tax is one reason why Cleveland isn’t willing to go higher for Sexton at this point.
If Sexton re-signs with the Cavs, the team will need to trade or release a player on a standard contract before the regular season begins. Cedi Osman could be a trade candidate in that scenario, according to Fedor, who notes that the forward fell out of favor with head coach J.B. Bickerstaff near the end of last season. However, Fedor adds that the Cavs still value Osman and wouldn’t simply want to dump his salary. According to Fischer, the Timberwolves and Celtics are among the teams believed to have checked in on Osman in the past.
Noting that LeBron James will be a free agent next summer if he doesn’t sign an extension with the Lakers before then, Fedor and Fischer both suggest the Cavaliers wouldn’t close the door on the idea of another reunion with the star forward, as long as it’s on their terms. “Of course Cleveland would be open to a LeBron return, but it does seem like the Cavaliers made it very clear…that (they) would really only be open to that on a deal or in a situation that made sense for everyone,” Fischer said. “They would be adding LeBron as a piece into this rebuild, not handing over the keys to the franchise like they had done in the past.”
Fedor explored the LeBron speculation in more depth at Cleveland.com, writing that the Cavs “aren’t currently plotting a third go-around” with the former Finals MVP, but won’t rule it out either.

Anthony Edwards Wants To Be All-Star Starter

August 3rd, 2022 at 2:56pm CST by Luke Adams

In an entertaining conversation with Zion Olojede of Complex.com, Timberwolves guard Anthony Edwards said that one of his goals for his third NBA season is to be an All-Star starter. Edwards also said he felt like the Wolves “handed” the Grizzlies their first-round playoff series this spring. “It was like taking candy from a baby and they took the candy,” Edwards said. “We had every game won, man, and I don’t know what happened.”

And-Ones: McCormack, Luxury Tax, OKC Blue, Harrison

August 2nd, 2022 at 10:03pm CST by Dana Gauruder

David McCormack has signed with Besiktas in Turkey, according to a team press release. McCormack was reportedly signing an Exhibit 10 contract with the Timberwolves but apparently chose to begin his pro career in Europe.

The undrafted big man out of Kansas was a prominent member of the Jayhawks’ national championship team. He spent all four of his college seasons at Kansas, starting 96 of 132 total games. In 2021/22, he averaged 10.6 PPG and 7.0 RPG in 40 contests (21.9 MPG).

We have more from around the basketball world:

A total of 10 teams are currently projected to collectively spend $650MM in luxury tax payments next season, according to Yossi Gozlan of HoopsHype. That would an NBA record for tax penalties. The Warriors, Nets, Clippers, Bucks, Lakers, Sixers, Celtics, Suns, Nuggets and Mavericks all project as taxpayer teams for the time being.
The G League’s Oklahoma City Blue will continue to play the Thunder’s Paycom Center next season, Joe Mussatto of The Oklahoman reports. The Blue also played there last season, having been the only G League team to host their games in an NBA arena. They often had to play late morning or early afternoon games with the Thunder playing there on the same night.
Former NBA swingman Andrew Harrison has signed with Yukatel Merkezefendi Belediyesi in Turkey, as JD Shaw of Hoops Rumors relays (Twitter link). Harrison has suited up with the Grizzlies, Cavaliers and Pelicans during his NBA career. In his last NBA season, he played a combined 16 games with Cleveland and New Orleans in 2018/19.

CJ Elleby Signing With Timberwolves

August 2nd, 2022 at 2:00pm CST by Arthur Hill

2:00pm: Elleby will be signing an Exhibit 10 contract with the Wolves, according to Jon Krawczynski of The Athletic (Twitter link).

12:45pm: The Timberwolves have reached a contract agreement with free agent small forward CJ Elleby, tweets Michael Scotto of HoopsHype. Elleby will be given an opportunity to compete for a roster spot in camp, sources tell Scotto.

Elleby, 22, was selected by the Trail Blazers with the 46th pick in the 2020 draft and spent his first two NBA seasons in Portland. He got a shot at regular playing time last season and averaged 5.8 points, 3.9 rebounds and 1.5 assists in 58 games, making 28 starts.

The Wolves will have 19 players under contract once they officially finalize all of their reported signings, but only 12 players have fully guaranteed contracts.

Elleby will be competing with Austin Rivers, Jaylen Nowell and Nathan Knight, who all have partial guarantees, as well as Phillip Wheeler, who will be in camp on an Exhibit 10 contract.

Towns' Feelings About Franchise Have Grown

July 30th, 2022 at 11:55am CST by Dana Gauruder

Patrick Beverley is one of several Jazz veterans awaiting clarity on the team’s plans, Eric Walden of the Salt Lake Tribune writes. Beverley was acquired from the Timberwolves in the Rudy Gobert blockbuster and the 34-year old guard wants to play for a contender. If Utah trades Donovan Mitchell, it will signal a full rebuild.

The trust between Timberwolves star Karl-Anthony Towns and the front office has grown over the years, Jon Krawczynski of The Athletic notes. Towns signed a super-max extension this month approximately a week after it was offered by the franchise. When he received a rookie scale extension in 2018, he waited months to sign it as the drama involving then coach Tom Thibodeau and Jimmy Butler played out.

Timberwolves Sign Eric Paschall To Two-Way Deal

July 30th, 2022 at 8:16am CST by Luke Adams

JULY 30, 8:16am: Paschall’s two-way contract with the Timberwolves became official on Friday, per NBA.com’s transactions log.

JULY 29, 1:49pm: Paschall will be signing a two-way contract with Minnesota, according to Darren Wolfson of 5 Eyewitness News and SKOR North (Twitter link). Paschall and A.J. Lawson will occupy the Wolves’ two-way slots.

JULY 29, 11:55am: The Timberwolves have reached an agreement on a one-year deal with free agent forward Eric Paschall, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

The No. 41 pick in the 2019 draft, Paschall began his NBA career with the Warriors and had an impressive rookie season in Golden State in 2019/20, averaging 14.0 PPG, 4.6 RPG, and 2.1 APG in 60 games (27.6 MPG). His role declined in his second season and he was traded in the 2021 offseason to Utah, where his minutes dipped further.

In 58 appearances last season for the Jazz, the 25-year-old averaged 5.8 PPG and 1.8 RPG on .485/.370/.767 shooting in 12.7 MPG. He was eligible for restricted free agency at season’s end, but didn’t receive a qualifying offer from Utah and became unrestricted.

Terms of Paschall’s new agreement with the Wolves aren’t known, but it may resemble the deals the club completed with free agents Austin Rivers and Nathan Knight. Both received minimum-salary contracts with partial guarantees for the 2022/23 season.

Prior to reaching a deal with Paschall, Minnesota had been carrying 12 players on guaranteed contracts, two (Rivers and Knight) with partial guarantees, and one (Jaylen Nowell) on a non-guaranteed pact, so a spot on the 15-man regular season roster shouldn’t necessarily be viewed as a lock for the newcomer. The terms of Paschall’s contract should help clarify where he stands in the Wolves’ roster hierarchy.