Timberwolves Rumors

Wolves Notes: Connelly, Towns, Russell, A-Rod, Lore

New Timberwolves president of basketball operations Tim Connelly will make some additions to the team’s front office, starting with longtime Magic executive Matt Lloyd.

However, Connelly made it clear during his introductory press conference on Tuesday that he’s certainly not looking to clean house or make any major, immediate changes to the way the franchise is run, joking that his plan is to “get out of the way (and) hope I don’t mess it up too much,” according to Jon Krawczynski of The Athletic and Chris Hine of The Star Tribune.

“I’m not joining a team that’s broken,” Connelly said. “This is a team that’s trending in the right direction. It’s made a ton of really, really smart decisions, most recently extending (head coach) Chris (Finch) and getting Pat Beverley on the additional one-year (contract). So I’m not here to impede progress, I’m here to promote it, and I’m hopeful that I can learn a ton from the people in the building, and hopefully I can add a little bit of my knowledge to what’s already a very strong core of people.”

Connelly acknowledged that it was a difficult decision to leave Denver for Minnesota, suggesting there were “a lot of sleepless nights” as he weighed the decision. But he believes the Timberwolves have a have a chance to “do something special,” which helped sell him on the move.

Of course, the financial aspect of the Wolves’ offer was also a major selling point, though sources confirmed to The Athletic that Connelly doesn’t technically have a stake in the team’s ownership. His deal calls for him to “benefit financially” if the value of the franchise increases over the life of his contract, per Krawczynski.

“Basically he’s on a bonus program, just like a lot of people are,” majority owner Glen Taylor said when asked about the equity aspect of Connelly’s contract. “If the team does well, he does better.”

Here’s more on the Wolves:

  • Giving Karl-Anthony Towns a super-max extension this offseason should be a no-brainer decision for Connelly, but determining what to do with D’Angelo Russell will be a trickier call, Chip Scoggins of The Star Tribune contends. Russell is also extension-eligible as he enters the final year of his current contract, and looks like a possible trade candidate. “I don’t know how or what our roster is going to look like on draft night or into free agency, but certainly this team doesn’t win 46 games without the contributions of them both,” Connelly said during his first media session, per Hine. “It’ll be fun to get to know both guys.”
  • Hiring Connelly away from Denver is part of a push by incoming Timberwolves owners Alex Rodriguez and Marc Lore to make the club a “world-class” organization, writes La Velle E. Neal III of The Star Tribune. “We want to be first in class in every category,” Rodriguez said this week. “From an arena, to personnel to players, to medical staff, to physical therapy and everything in between. The Minnesota people deserve that. They are starving for a winner and we are going to bring them that.”
  • Michael Rand of The Star Tribune takes a look at three paths Connelly could take with the Timberwolves’ roster this offseason and beyond.

Timberwolves To Hire Matt Lloyd Away From Magic

The Timberwolves are finalizing a deal with Magic executive Matt Lloyd that will make him the senior vice president of basketball operations in Minnesota, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Lloyd, who had been the VP of basketball operations in Orlando, will be the first major hire for new Timberwolves president of basketball operations Tim Connelly.

Lloyd began his basketball executive career with the Bulls, earning a full-time role in 1999 and spending 13 years with the organization, eventually receiving a promotion to director of college scouting. He was hired as an assistant general manager by the Magic in 2012 and was responsible for overseeing the team’s professional, college, and international scouting departments. He briefly served as interim GM in 2017 between the dismissal of Rob Hennigan and the hiring of Jeff Weltman.

According to Wojnarowski (Twitter link), Lloyd is highly regarded around the NBA for his “tenacity and connections on the scouting trail and relationships with teams and agents in deal-making.” He’ll join an increasingly impressive Timberwolves front office that also still features high-ranking veteran executive Sachin Gupta, who was Minnesota’s interim head of basketball operations for the 2021/22 season.

Jake Fischer of Bleacher Report first said last week that Lloyd was a potential target for Connelly and the Wolves.

Wolves Worked Out Former Gophers Guard Payton Willis Tuesday

  • Former Minnesota guard Payton Willis worked out for the Timberwolves on Tuesday and also has a workout scheduled with the Grizzlies later this week, according to Darren Wolfson of 5 Eyewitness News (Twitter link). Willis has exhausted his eligibility after spending five seasons in college.

D’Angelo Russell May Be Option In Knicks’ Point Guard Search

If the Knicks can’t get their preferred choices at point guard, the TimberwolvesD’Angelo Russell could become an option this summer, writes Jake Fischer of Bleacher Report.

New York has a strong connection to Russell in Gersson Rosas, who was recently named senior basketball advisor after spending time with the organization as a consultant. Fischer notes that when Rosas was president of basketball operations in Minnesota, he traded Andrew Wiggins and a lottery pick to the Warriors for Russell in 2020 after missing out on him in free agency.

Russell, who has a $31.4MM expiring contract next season, took some heat after a disappointing performance in the Wolves’ brief playoff run. The emergence of other backcourt options in Minnesota might make him expendable as the team looks to the future.

Jazz guard Donovan Mitchell remains the Knicks’ dream choice, but getting him appears unlikely even if Utah decides to shake up its roster, Fischer writes. He cites “healthy skepticism” around the league that New York can make the best offer for Mitchell, noting that Miami could potentially put together a deal centered around Tyler Herro and multiple first-round picks.

The Knicks have also been linked to Mavericks guard Jalen Brunson, who is headed toward free agency, but Fischer hears there’s a “growing sense” around the league that Brunson will remain in Dallas. Fischer expects Brunson’s new contract to top $20MM per season and says John Collins‘ five-year, $125MM extension could be a good comparison.

New York can only offer four years to Brunson and would need to clear out significant cap space first. Sources tell Fischer that the Knicks unsuccessfully tried to move Alec Burks and Nerlens Noel ahead of the trade deadline to begin opening cap room. Fischer cites league executives who believe New York would have to include either the No. 11 pick in this year’s draft or Immanuel Quickley in any deal to unload salary.

Fischer adds that one factor working in the Knicks’ favor in their pursuit of Brunson is that they can offer him the chance to be the undisputed leader of the offense, which he won’t have in Dallas playing alongside Luka Doncic. Fischer notes that if Brunson signs with the Pistons, who are also reported to be interested, he would be in the same situation with Cade Cunningham.

Sources also tell Fischer that New York won’t be among the teams pursuing Cavaliers free agent guard Collin Sexton. Cleveland is interested in keeping him, but it could be difficult considering the team’s salary commitment to other players. Fischer hears that the Pacers, Pistons and Wizards will all be in the market for Sexton.

Stein’s Latest: Pinson, Boban, Hornets, Connelly, Handy

The Mavericks are “determined” to find space on their roster for Theo Pinson next season, Marc Stein writes in his latest Substack article. Pinson appeared in just 19 regular season games in 2021/22 and wasn’t eligible to play in the postseason, but the Mavs view the 26-year-old wing as an important part of the team dynamic in Dallas, Stein explains, noting that center Boban Marjanovic falls into this category too.

Marjanovic has a $3.5MM contract for next season, so the Mavericks will have no problem keeping him around if they want to, but Pinson’s two-way deal is set to expire, making him an unrestricted free agent. Since he’ll have four years of NBA service under his belt, Pinson will no longer be eligible to sign a two-way contract in 2022/23 — he’d have to get a standard contract and be part of the 15-man roster if the Mavs want to retain him.

Pinson was viewed as the unofficial ring leader of the Mavs’ bench mob that earned the team $175K in fines during the playoffs due to its “bench decorum” violations.

Here’s more from Stein:

  • With Darvin Ham off the board, it’s unclear which head coaching candidate is the frontrunner for the Hornets‘ job. However, Stein says there was some “fresh buzz” over the weekend that if Mike D’Antoni is hired by Charlotte, he could bring former Bulls head coach Jim Boylen along with him as an assistant. Stein reported a couple weeks ago that D’Antoni was in a strong position to land the job, but later cast some doubt on that report.
  • Sources with knowledge of the situation tell Stein that the “equity” aspect of Tim Connelly‘s deal with the Timberwolves has been overstated. Stein’s understanding is that Connelly’s contract includes a bonus based on the value of the franchise increasing during his five-year contract, but he doesn’t actually own a stake in the team.
  • It remains to be seen whether veteran assistant Phil Handy will return to the Lakers under Ham, according to Stein, who believes the Nets could be a fit for Handy if he doesn’t stay in L.A. Handy worked well with Kyrie Irving during their Cleveland days, and the Nets have a need on the player development side following Adam Harrington‘s exit, Stein observes.

Examining D'Angelo Russell Trade Destinations

  • Nekias Duncan of Basketball News considers possible trade destinations for Timberwolves guard D’Angelo Russell. In 65 games this season, Russell averaged 18.1 points, 7.1 assists and 1.0 steals per contest, shooting 41% from the floor and 34% from three-point range. He’s set to become an unrestricted free agent in 2023.

Taylor Has Forged Good Relationship With Lore, A-Rod

Timberwolves owner Glen Taylor has forged a sound working relationship with minority owners Marc Lore and Alex Rodriguez, proven by their successful recruitment of Denver’s Tim Connelly to head up their front office, The Athletic’s Jon Krawczynski writes. Taylor, who allowed the duo to design an offer that would be very difficult for the Nuggets to match, enjoys the ambition and energy of Lore and A-Rod and has gained confidence in their ability to complete a major transaction.

Timberwolves Exec Rumors: Demps, Arthur, Lloyd, Simon

After recently signing a five-year, $40MM contract that includes a kicker for ownership equity to become the Timberwolves‘ new president of basketball operations, Tim Connelly appears to be looking to add some co-workers. Sources tell Mike Singer of The Denver Post (Twitter link) that Dell Demps and Darrell Arthur might join Connelly in Minnesota.

A former NBA player, Demps was the general manager of the Pelicans from 2010-19. He hired Connelly to be his assistant GM in New Orleans in 2010 before Connelly departed to run Denver’s front office in 2013. Demps is currently an assistant coach for the Jazz, having joined Utah in 2020.

Arthur is also a former player, having appeared in 503 games from 2008-18 with Memphis and Denver. His entire five-year tenure in Denver overlapped with Connelly’s stint, so clearly the two are familiar with each other. The 34-year-old recently joined the Nuggets‘ front office.

Following up on Singer’s news, Jake Fischer of Bleacher Report (Twitter link) hears that a couple other executives have been floated as possibilities to join Connelly’s front office: Magic vice president of basketball operations Matt Lloyd, and Heat VP of basketball operations/assistant GM Adam Simon.

Lloyd was with Chicago for 13 seasons prior to joining Orlando 10 years ago. He was just promoted to VP last October. Simon has reportedly been in the mix for top executive positions in the past, but has always stuck with Miami, having spent 27 seasons with the Heat.

Northwest Notes: Mitchell, Gobert, Thunder, Branch, Timberwolves

Eric Walden and Andy Larsen of the Salt Lake Tribune wonder what Jazz general manager Justin Zanik might be able to get for All-Stars Donovan Mitchell or Rudy Gobert on the trade market, should the team opt to break up its playoff core during the offseason

Walden and Larsen note that the Jazz own one of the NBA’s priciest rosters. The club lacks a pick in the 2022 draft, through which it could have theoretically added complementary young talent under team control. Utah has yet to get beyond the second round of the playoffs with its Mitchell-Gobert core.

The authors also express skepticism that offloading the contracts of expensive starters Mike Conley, Bojan Bogdanovic, and Royce O’Neale, or sixth man Jordan Clarkson would result in any sort of meaningful return. This leaves the pathway to improve the team without offloading Mitchell or Gobert fairly narrow.

There’s more out of the Northwest Division:

  • The Thunder are likely looking at a variety of players with the No. 12 pick near the end of the 2022 draft lottery, writes Joe Mussatto of the Oklahoman. Mussatto previews the fits of several young prospects, including G League Ignite guard Dyson Daniels, Baylor forward Jeremy Sochan, and Memphis center Jalen Duren, among others.
  • The Trail Blazers are reshaping their front office under new permanent general manager Joe Cronin during the offseason. Jason Quick of The Athletic (Twitter link) reports that assistant GM Bill Branch, who had been in Portland since 2010, has been let go by the team. This latest move continues a brain trust overhaul that began in December 2021.
  • Tulsa forward Jeriah Horne, St. John’s wing Julian Champagnie and Alabama guard JD Davison are among the NBA hopefuls who have been brought in to work out for the Timberwolves as Minnesota prepares for the 2022 draft, per Darren Wolfson of 5 Eyewitness News (Twitter video links). The Timberwolves possess the Nos. 19, 40, 48, and 50 picks this year.

2021/2022 All-NBA Teams Announced

The 2021/22 All-NBA teams have officially been announced by the NBA. For the fourth straight season, Bucks All-Star forward Giannis Antetokounmpo was unanimously selected to the All-NBA First Team by a voter panel of 100 media members. Antetokounmpo, 27, is making his sixth All-NBA team overall.

Antetokounmpo, reigning MVP Nuggets center Nikola Jokic, and Mavericks point guard Luka Doncic received the most votes. Suns All-Star shooting guard Devin Booker and Sixers All-Star center Joel Embiid rounded out the list of top five vote-getters. Because the All-NBA teams, unlike the All-Star squads, require just one center per team, Embiid was relegated to an All-NBA Second Team placing.

Below is a list of the three All-NBA teams. Vote tallies are listed in parentheses next to player names. Five points were awarded to players for a First Team Vote, three points netted for a Second Team vote, and one for a Third Team vote. Antetokounmpo earned a perfect 500 points.

All-NBA First Team

All-NBA Second Team

All-NBA Third Team

Jazz center Rudy Gobert and shooting guard Donovan Mitchell, Heat center Bam Adebayo and small forward Jimmy Butler, Celtics swingman Jaylen Brown, Bucks guards Khris Middleton and Jrue Holiday, Grizzlies shooting guard Desmond Bane, Suns small forward Mikal Bridges, Spurs point guard Dejounte Murray, and Raptors point guard Fred VanVleet all received All-NBA votes. Surprisingly, Nets point guard Kyrie Irving, who played in just 29 games this season, also received a single vote.

As we previously outlined, the All-NBA selections come with significant financial ramifications. As a result of being named to All-NBA teams, Booker and Towns have become eligible for super-max extensions that would begin in 2024/25. If they’re signed this offseason, those deals would be for four years and would start at 35% of the ’24/25 cap. According to Bobby Marks of ESPN (via Twitter), they currently project to be worth $211MM apiece.

Young’s five-year contract extension, which was signed last August and will go into effect in 2022/23, will now be worth 30% of next season’s cap instead of 25% by virtue of his All-NBA selection. Based on a projected $122MM cap, that means it’ll be worth about $212MM instead of $177MM.

Jokic had already met the super-max requirements prior to this announcement, since he won last year’s MVP award — he’s eligible to sign a five-year, super-max extension this offseason and has said he plans to do so. Doncic, who signed a maximum-salary contract extension last summer, also previously met the super-max criteria by earning All-NBA nods in 2020 and 2021.

Notable players who are not eligible this offseason for super-max deals include Morant and Bulls shooting guard Zach LaVine. As Marks tweets, Morant needs to make the All-NBA team again in 2023 to qualify for a starting salary worth 30% of the cap (instead of 25%) on his next deal.

LaVine, a free agent this offseason, would have been eligible to earn up to 35% of next season’s cap from the Bulls if he had made an All-NBA team, but will instead be able to earn no more than 30% of the ’22/23 cap on his next contract.

With their inclusions, Morant, Booker, and Young are making their All-NBA team debuts. Meanwhile, on the other side of the NBA aging curve, two 37-year-old veterans further cemented their Hall of Fame credentials during the 2021/22 season. James made his 18th All-NBA team, while Paul was named to his 11th All-NBA team.