Minnesota Timberwolves Rumors | Hoops Rumors

Taurean Prince Signs Two-Year Extension With Timberwolves

June 30th, 2022 at 4:47pm CST by Dana Gauruder

JUNE 30: Prince’s extension is now official, according to the Timberwolves (Twitter link).

JUNE 28: Taurean Prince is returning to the Timberwolves on a two-year, $16MM extension, ESPN’s Adrian Wojnarowski tweets.

Prince was headed to unrestricted free agency but had expressed a strong desire to remain in Minnesota, and the team is locking up to an extension that will keep him off the market.

Shortly after the season, Prince said he planned to return, adding that the strong camaraderie in the Wolves’ locker room is something he hasn’t experienced since college. He praised head coach Chris Finch, comparing him to Mike Budenholzer, who coached Prince in Atlanta at the start of his NBA career.

The second year of Prince’s new contract will be non-guaranteed, Jon Krawczynski of The Athletic tweets. It’ll represent a slight pay cut for Prince, who signed a two-year, $25.25MM contract with Brooklyn in 2019 and earned $13.3MM this past season.

Prince averaged 7.3 PPG and 2.5 RPG on .454/.376/.756 shooting in 69 regular season games (17.1 MPG) during his first year in Minnesota. The Wolves held his Bird rights, so they had the ability to go over the cap to re-sign him without using any other exceptions.

Extensions Imminent For Jokic, Booker, Towns, Morant, More

June 30th, 2022 at 3:41pm CST by Rory Maher

Nuggets center Nikola Jokic, Suns guard Devin Booker, Timberwolves big man Karl-Anthony Towns, and Grizzlies guard Ja Morant are all expected to reach verbal agreements with their respective teams on new long-term contract extensions soon after the NBA’s new league year begins tonight, according to Marc Stein (Twitter link).

Pelicans forward Zion Williamson and Cavaliers guard Darius Garland are also “widely expected” to receive extensions this offseason, Stein notes (via Twitter).

Morant, Williamson, and Garland will be eligible for rookie scale extensions, with the exact figures yet to be determined. Rookie scale extensions are available for former first-round picks entering their fourth seasons. The three players’ offers will likely include Rose Rule language that allows them to earn a starting salary of up to 30% of the 2023/24 salary cap (instead of 25%) if they meets certain performance criteria.

Even though Morant, for example, earned an All-NBA spot this year, he would have to make an All-NBA team again next season to qualify for the higher max — the Rose Rule criteria require a player to make All-NBA in either the season before his new contract goes into effect or in two of the three prior seasons.

Williamson’s extension could take a little longer to figure out, given that he’s appeared in just 85 career games and missed all of last season after setbacks following foot surgery last summer. Still, Pelicans executive VP of basketball operations David Griffin said he was “confident” that an agreement would be reached, the only question is how much money will be guaranteed up front.

Jokic, Booker, and Towns will all be eligible for super-max extensions, also known as Designated Veteran Extensions, worth up to 35% of the salary cap. At least one of the following must be a true for a player to be eligible for a Designated Veteran Extension:

He was named to an All-NBA team in the most recent season, or in two of the last three seasons.
He was named NBA MVP in any of the three most recent seasons.
He was named NBA Defensive Player of the Year in the most recent season, or in two of the last three seasons.

Booker and Towns both made All-NBA teams this past season, and Jokic was named the back-to-back MVP in addition to making All-NBA teams the past four seasons.

Trail Blazers guard Damian Lillard is also likely to receive a two-year extension worth in excess of $100MM once the new league year begins, as relayed by Sean Highkin of The Rose Garden Report and Stein (Twitter links).

Western Notes: McGee, Towns, Wiseman, Williamson, Trent Jr.

June 30th, 2022 at 3:02pm CST by Dana Gauruder

JaVale McGee could wind up with another Western Conference contender next season. The Mavericks are very interested in the veteran free agent center and could offer him the two-year deal he’s seeking, John Gambadoro of Arizona Sports 98.7 FM tweets. McGee, 34, averaged 9.2 PPG and 6.7 RPG for the Suns last season while appearing in 74 regular season contests.

We have more from the Western Conference:

The biggest priority for the Timberwolves this summer is to lock up Karl-Anthony Towns with an extension, Jon Krawczynski of The Athletic reports. Towns is eligible for an extension of up to four years and roughly $211MM. “I can’t wait to sit down with him and his representation ASAP and keep this thing going,” new president of basketball operations Tim Connelly said. “He’s special and deserves everything that is going to come his way.”
James Wiseman would actually benefit if the Warriors are able to re-sign free agent Kevon Looney, Dalton Johnson of NBC Sports Bay Area writes. Their skill sets would mesh as the team’s center duo and it would ease the pressure on Wiseman, allowing him to focus on his development.
The Pelicans’ extension talks with Zion Williamson could take some time to sort out, as Christian Clark of the New Orleans Times Picayune explains. The two sides need to figure out is how much of the extension will be fully guaranteed. Clark’s sources believe there is a possibility that negotiations could drag on longer than anticipated due of this issue. Williamson sat out last season due to a foot injury.
The Jazz have expressed interest in Raptors guard Gary Trent Jr., according to Ian Begley of SNY TV. Trent’s cap hit for next season is $17.5MM and he has an $18.5+MM option for 2023/24. He averaged 18.3 PPG in 35 MPG last season.

Spurs Trade Dejounte Murray To Hawks

June 30th, 2022 at 2:39pm CST by Luke Adams

JUNE 30: The trade is official, the Hawks announced in a press release.

“The opportunity to acquire a player of Dejounte’s caliber, just entering his prime, doesn’t come along too often,” Hawks president of basketball operations Travis Schlenk said in a statement. “He has developed into one of the elite two-way guards in the league and we’re thrilled to add him to our group.”

In addition to the pieces detailed below, Atlanta also acquired big man Jock Landale from San Antonio. As Yossi Gozlan of HoopsHype tweets, in order to complete the trade before the new league year began, the Spurs needed to add a little more salary to match Gallinari’s $21.45MM incoming figure, even though it’s not fully guaranteed.

According to Kirschner (Twitter link), it’s not clear yet whether the Hawks plan to keep Landale, whose minimum-salary contract for 2022/23 isn’t fully guaranteed.

JUNE 29: The Spurs have reached an agreement to trade guard Dejounte Murray to the Hawks for a package that includes Danilo Gallinari and multiple first-round picks, reports Adrian Wojnarowski of ESPN (Twitter link). San Antonio will receive three first-rounders and a draft swap, tweets Shams Charania of The Athletic.

According to Wojnarowski and Chris Kirschner of The Athletic (Twitter links), the three picks going to the Spurs will be Charlotte’s 2023 first-rounder (top-16 protected) and the Hawks’ own 2025 and 2027 first-rounders. San Antonio will also have the right to swap first-round selections with Atlanta in 2026.

Those 2025 and 2027 picks – along with the 2026 swap – will be unprotected, tweets John Hollinger of The Athletic.

Marc Stein first reported (via Twitter) that momentum was building toward a Murray trade, noting that the Knicks and Timberwolves were also among the guard’s known suitors. Atlanta has been the team most frequently linked to Murray though, having reportedly explored deals for him dating back to February’s trade deadline.

The deal represents a major backcourt upgrade for the Hawks, who will add an All-Star – and one of the league’s best perimeter defenders – to complement All-NBA guard Trae Young without giving up any players from their projected 2022/23 roster.

It’s not clear if trade candidate John Collins will still be in Atlanta when the ’22/23 season begins, but he’s not part of this deal after having being included in earlier Murray-related rumors.

Murray enjoyed a breakout season in 2021/22, averaging 21.1 PPG, 9.2 APG, 8.3 RPG, and a league-leading 2.0 SPG with a shooting line of .462/.327/.794 in 68 games (34.8 MPG). The 25-year-old was the runner-up for the Most Improved Player award.

Murray’s ability and versatility on defense make him an ideal backcourt partner for Young, who is said to be “ecstatic” about the move, according to Chris Haynes of Yahoo Sports (Twitter link). Murray is under contract for the next two seasons and is owed just over $34MM during that time.

The Spurs’ motives for making the deal are a little less obvious than the Hawks’, since it’s not as if Murray was on an entirely different timeline than the team’s young core, but perhaps he wasn’t part of the club’s plans beyond his current contract. San Antonio’s decision to accept a package heavy on distant draft picks rather than current players signals that short-term contention probably isn’t in the cards as the front office looks toward the future.

The Hornets’ 2023 pick will be lottery-protected in 2024 and 2025 if it doesn’t convey next year, then would turn into two second-round picks if it hasn’t conveyed by that point. The Hawks’ own picks – and the 2026 swap – could be more significantly more valuable, especially if the team takes a downturn within the next few years.

Gallinari’s $21.45MM salary had only been partially guaranteed for $5MM and was set to become fully guaranteed if he remained under contract through today.

The veteran forward probably isn’t in the Spurs’ plans at that full $21.45MM figure, so the most likely outcome is that he’ll have his partial guarantee increased by another $6MM-ish in order to legally match Murray’s salary, then will be waived. Gallinari may agree to push back his salary guarantee date in order to give the teams time to complete the trade and ensure that he receives that extra money, though that’s just my speculation at this point.

P.J. Tucker Unlikely To Return To Heat

June 30th, 2022 at 11:56am CST by Arthur Hill

There will be significant interest in P.J. Tucker when free agency begins later today, and the veteran forward is considered unlikely to re-sign with the Heat, according to Alex Schiffer of The Athletic (Twitter link).

Schiffer mentions the Hawks, Timberwolves, Nets, Bulls and Sixers among the teams that plan to target Tucker, adding that they will offer either the non-taxpayers’ mid-level exception of $10.49MM, or in the case of the Nets and Hawks, the taxpayers’ MLE of $6.48MM. Atlanta could also make a trade to shed salary and get below the tax line, opening up the use of the full MLE.

A report earlier this week suggested that Miami is willing to give Tucker a guaranteed three-year deal, but at less than the full MLE. It appears several teams are ready to outbid the Heat for his services.

Philadelphia has been rumored as a prime suitor for Tucker, as president of basketball operations Daryl Morey also signed him in Houston. Atlanta and Brooklyn have been mentioned as well, but Minnesota and Chicago are new to the list.

The 37-year-old Tucker is an elite defender who was part of the Bucks’ title-winning roster in 2021 and helped the Heat become the No. 1 seed in the East this season. He averaged 7.6 points and 5.5 rebounds per game for Miami and shot 41.5% from three-point range.

Hawks Rumors: Murray, Durant, Collins, Hunter

June 30th, 2022 at 10:46am CST by Arthur Hill

The Hawks‘ trade for Dejounte Murray was the result of pressure from ownership to improve the roster before Trae Young‘s super-max extension takes effect next season, according to Chris Kirschner and Sam Amick of The Athletic. Murray is under contract for a combined $34.2MM over the next two years, and while the team doesn’t expect him to agree to an early extension that would limit his future earnings, there’s confidence that he will be a long-term backcourt partner for Young.

Atlanta’s front office had a “sense of confusion and disbelief” that the Spurs were willing to part with Murray, a 25-year-old All-Star with a team-friendly contract, the authors add. Sources tell them that the teams discussed a Murray deal last week, but the Spurs didn’t contact the Hawks for a long time afterward, leading to concerns on Atlanta’s side that San Antonio was reconsidering the trade or may have found a better offer.

San Antonio also discussed Murray with the Timberwolves, but Minnesota wasn’t willing to give up as much as the Hawks eventually did, Kirschner and Amick add. The Knicks were reported as a possible destination, but the authors say they never had trade talks with the Spurs about Murray.

There’s more from Atlanta:

Amid the chaos surrounding the Nets last week, the Hawks were preparing to have an offer ready in case Kevin Durant asked for a trade, according to Kirschner and Amick.
Young is “really excited” about the Murray trade, states ESPN’s Adrian Wojnarowski, who adds that Atlanta likely isn’t done reshaping its roster (Twitter link).
The Hawks are facing a shrinking market for John Collins, Michael Scotto of HoopsHype says in a podcast with Kirschner that was recorded Wednesday before the Murray trade was announced. Two potential destinations were eliminated when the Kings drafted Keegan Murray and the Trail Blazers traded for Jerami Grant. Kirschner adds that Atlanta won’t give up Collins without a decent return, so there’s a chance he won’t be traded this offseason.
Scotto and Kirschner address a number of other Hawks-related items. Atlanta may have interest in a Deandre Ayton sign-and-trade but only if it’s less than a max deal, De’Andre Hunter is considered part of the team’s core and could eventually land an extension near $20MM per season, and Delon Wright is much more likely to be re-signed than Lou Williams. Kirschner also cites potential “heat” on Nate McMillan, saying the Hawks will consider a coaching change if they don’t get off to a fast start next season.

Latest On Deandre Ayton

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

Reports this week have continued to suggest that the Suns and Deandre Ayton may be headed for a divorce, with a sign-and-trade agreement considered the most likely outcome. However, it remains unclear which teams will be Ayton’s top suitors in restricted free agency.

Prior to last week’s draft, the Pistons were viewed as a strong candidate to make a play for Ayton, but they landed Jalen Duren on draft night and committed to using most of their available cap room to accommodate salary dumps, reducing the likelihood that they’ll make a serious play for the former No. 1 overall pick.

In the latest episode of his Hoop Collective podcast, ESPN’s Brian Windhorst said to “keep an eye on Indiana,” noting that the Pacers spoke to Phoenix about a possible Ayton deal prior to February’s trade deadline (hat tip to Timothy Rapp of Bleacher Report).

Indiana would make sense as a landing spot for Ayton if the team trades incumbent center Myles Turner. The Pacers have some cap flexibility and wouldn’t be as hamstrung by the base year compensation rule impacting Ayton as some of his other suitors might be.

As a result of the base year compensation rule, Ayton’s incoming salary from a new team’s perspective will count in full (on a maximum-salary contract, that’d be approximately $31MM), whereas from the Suns’ perspective, the outgoing salary would only be half that amount (about $15.5MM).

That will make salary-matching very challenging in some cases, but not for the Pacers, who have the cap flexibility necessary to accommodate Ayton’s new contract while sending out less than the $24-25MM+ that would be required to meet matching requirements.

Here are a few more rumors on possible landing spots for Ayton:

The Timberwolves, who are believed to be in the market for a rim-protecting center, are “another team to watch” for Ayton, Windhorst said during the aforementioned episode of his Hoop Collective podcast. The Wolves will be over the cap and would need to make a sign-and-trade deal. It’s unclear if they have the pieces necessary for such a move.
The Nets like Ayton, according to Chris Mannix of SI.com, who suggests Brooklyn could put together a package centered around Joe Harris. However, that would be extremely difficult, since acquiring a player via sign-and-trade would hard-cap the Nets, who project to be well over the tax. It’s hard to see how they could make such a move without moving off Kyrie Irving or Ben Simmons.
The Raptors have been mentioned as a possible Ayton suitor, but Michael Grange of Sportsnet.ca (Twitter link) doesn’t believe there have been any talks about Toronto acquiring the big man.
John Gambadoro of Arizona Sports 98.7 (Twitter link) suggests that the looming possibility of a Rudy Gobert trade could affect Ayton’s market, since some of the teams in the market for an impact center prefer the Jazz star to Ayton.

QO Decisions: Nwora, T. Brown, Rockets, Moon, More

June 29th, 2022 at 10:41pm CST by Rory Maher

The Bucks have tendered a qualifying offer to Jordan Nwora, making the 23-year-old a restricted free agent, a league source tells Eric Nehm of The Athletic (Twitter link). Nwora’s QO for 2022/23 is worth a projected $2,036,090.

The 45th pick of the 2020 draft, Nwora saw his role expand in his second season with Milwaukee, appearing in 63 games (19.1 MPG) with averages of 7.9 PPG and 3.6 RPG on .403/.348/.837 shooting. He’s No. 43 on our list of top 50 free agents.

Let’s round-up some more qualifying offer decisions…

The Bulls won’t extend a QO to Troy Brown ($7,228,448), making him an unrestricted free agent, reports Michael Scotto of HoopsHype (via Twitter). Brown, who turns 23 on July 28, was the 15th pick of the 2018 draft but didn’t leave much of an impression with Chicago, averaging 4.3 PPG and 3.1 RPG on .419/.353/.769 shooting in 66 games (16 MPG) in ’21/22.
The Rockets aren’t giving qualifying offers to either Bruno Fernando ($2,228,276) or Anthony Lamb (two-way), according to Jonathan Feigen of The Houston Chronicle. Fernando, the 34th pick of the 2019 draft, has seen scant NBA minutes, appearing in 119 contests with an average of 9.2 MPG over his three seasons with Atlanta, Houston and Boston. His QO was worth more than the minimum and the Rockets have lots of players already under contract next season after sending Christian Wood to Dallas for the No. 26 pick and four veterans.
Xavier Moon (two-way) won’t receive a qualifying offer from the Clippers, as Andrew Greif of The Los Angeles Times relays (via Twitter). Moon will be an unrestricted free agent after reaching the NBA as a 27-year-old rookie last season. He has plenty of international experience, having made stops in France, England, Israel and Canada before earning three 10-day hardship deals and later a two-way contract with L.A. in ’21/22.
A couple of two-way players received QOs from their respective clubs, sources tell Keith Smith of Spotrac (Twitter links). Nathan Knight received his offer from the Timberwolves, while the Magic extended a QO to Admiral Schofield. Both players will be restricted free agents.

Wolves Pick Up Team Options On Naz Reid, Jaylen Nowell

June 29th, 2022 at 6:27pm CST by Rory Maher

The Timberwolves are picking up the 2022/23 team options on Naz Reid and Jaylen Nowell, sources tell Jon Krawczynski of The Athletic (Twitter link).

Both players will earn $1,930,681 next season, and both deals are non-guaranteed. Reid’s contract will become guaranteed on July 20, while Nowell’s guarantee date is in January.

As Krawczynski notes (via Twitter), both reserves were productive last season, but were essentially depth pieces in the postseason, so neither player has a clear-cut standing on Minnesota’s roster going forward. However, head coach Chris Finch recently praised Nowell, according to Chris Hine of The Star Tribune.

“We saw in short stints out there what he’s able to do,” Finch said of Nowell. “He’s an x-factor, he’s a game-changer. I think everybody needs that. He has the ability to create his own basket, he has the ability to attack switching. He’s actually an underrated play-maker.”

Finch added that the Wolves wants to find regular minutes for him going forward.

“… But now we’re trying to figure out how to get a role, a more consistent role, for him, and we want him to feel as a part of our young core as anybody else that’s here,” he said as part of a larger quote.

Both Reid, a center, and Nowell, a guard, will turn 23 this summer. In 77 games (15.6 MPG) last season, Reid averaged 8.3 PPG and 3.9 RPG on .484/.343/.765 shooting, with his minutes, points and rebounds all declining from ’20/21.

Nowell averaged 8.5 PPG, 2.0 RPG and 2.1 APG on .475/.394/.783 shooting in 62 games (15.7 MPG) in ’21/22. Both players are entering their fourth seasons and have spent their entire careers with Minnesota.

Timberwolves Adding Kahlil Whitney To Summer League Roster

June 29th, 2022 at 3:41pm CST by JD Shaw

The Timberwolves are adding guard Kahlil Whitney to their summer league roster, a source told Hoops Rumors. The 21-year-old spent time with the Rockets’ G League team this past season.