Karl-Anthony Towns Rumors | Hoops Rumors

Knicks Notes: Towns Trade, Dadiet, Washington, Shamet, Bridges, Hart, DiVincenzo

October 11th, 2024 at 1:30pm CST by Arthur Hill

The Knicks‘ path toward acquiring Karl-Anthony Towns from Minnesota began on draft night, Fred Katz of The Athletic explains in an outline of all the particulars involved in the deal. New York needed to prioritize every dollar because it had just completed a trade with Brooklyn for Mikal Bridges, leaving the team hard-capped at the second apron of $188.9MM.

The Knicks reached out to the agent of French prospect Pacome Dadiet, offering to select him with the 25th pick, but only if he would agree to accept $1.8MM in his first season instead of the usual 120% of the rookie scale, which would have been about $2.7MM. Dadiet jumped at the chance to get the job security that comes with being a first-round pick, and the team was able to save just enough money to make the Towns trade possible. Katz notes that Dadiet became the first player drafted in the first round since 2019 to accept 80% of the rookie scale.

The trade also involved some unusual negotiations with free agent Duane Washington, whose NBA rights still belonged to New York after he signed with Partizan in Belgrade during the summer. The Knicks had to sign-and-trade three players to Charlotte to open enough cap room to complete the Towns deal, but Partizan was insisting that Washington pay $600K in a buyout, plus another $1.6MM if the Hornets didn’t release him in time to return to Serbia within 48 hours.

Washington was hoping for a long-shot chance to make the Hornets’ roster, but he only had a $2.2MM contract, so he would have been under water with the terms from Partizan. Eventually the Belgrade team relented, asking for the original buyout plus undisclosed fees for each day he was away. Washington was waived by Charlotte on Wednesday, and sources tell Katz that he intends to return to Partizan.

There’s more on the Knicks:

Landry Shamet appears likely to earn one of the remaining roster spots after signing a non-guaranteed contract last month, league sources tell Katz. Katz also hears that the Knicks are so concerned about preserving the roughly $335K they have left under the second apron that they aren’t allowing camp invitees on Exhibit 10 deals to practice for fear that they might get injured and have their contracts become guaranteed.
Brian Windhorst of ESPN recaps all the moves that enabled New York to have the financial flexibility to add Towns to its roster.
Bridges has the NBA’s longest active consecutive games streak at 474, but he doesn’t believe he’ll be able to reach A.C. Green’s all-time mark of 1,192, according to Stefan Bondy of The New York Post. Bridges admits there’s some luck involved in not missing a game so far in his NBA career. “People have asked me what’s the secret, and I’m just, like, ‘I’m blessed.’ I’ve got skinny bones that could hold up really well,” he said. “Just doing a lot of recovery and lifting. Just doing things to help prevent [injuries]. That’s pretty much it.”
Speaking to reporters Friday afternoon, Josh Hart said it was difficult to lose Donte DiVincenzo, who was sent to Minnesota in the Towns trade (Twitter link from James L. Edwards of The Athletic). “It’s a tough one. It’s part of the business. I get it,” Hart said. “But I miss my dog. I think he should be received with cheers and ovation for everything he did last year.”

Atlantic Notes: Yabusele, Knicks’ Starters, Shamet, Nets

October 8th, 2024 at 7:10pm CST by Dana Gauruder

Guerschon Yabusele scored 15 points for the Sixers in their exhibition game against the New Zealand Breakers on Monday and it was a special night for him, Gina Mizell of the Philadelphia Inquirer writes.

“I’m not going to lie, it felt amazing,” Yabusele said. “It’s been a long road, but happy to be here.”

Yabusele signed a one-year contract with the Sixers in late August. He was selected in the first round of the 2016 draft and played two seasons with the Celtics from 2017-19, but hasn’t appeared in a regular season NBA game in five years. The power forward excelled overseas before joining Philadelphia.

We have more from the Atlantic Division:

The Knicks‘ projected starters played anywhere from 13-15 minutes in their preseason opener against Charlotte on Sunday. It’s just a first step as Mikal Bridges and Karl-Anthony Towns try to settle in with their new teammates. “First game, some good, some bad,” coach Tom Thibodeau said, per Zach Braziller of the New York Post. “Obviously, we have a lot of work to do. I figured it would be a little choppy. There are a lot of areas we need to clean up. But there were some good things as well.”
Landry Shamet entered Knicks camp on a non-guaranteed contract but the veteran guard is thrilled to be on a contender after spending last season with the rebuilding Wizards. Shamet scored 16 points, including four 3-pointers, in New York’s preseason opener. “I want to win, I want to compete, we all do. Anybody in the NBA that says otherwise is lying,” he told Braziller. “We all want to compete at the highest level. It’s exciting to be here. Last year was last year. It was what it was. I’m excited to be here and move forward and build with this group.”
With frontcourt players Day’Ron Sharpe and Trendon Watford sidelined by hamstring injuries, the Nets will look at some smaller lineups in the preseason, according to Brian Lewis of the New York Post. “It just forced us to do something that actually we wanted to do sooner or later; so might as well do it the sooner the better,” first-year coach Jordi Fernandez said.

NBA GMs High On Thunder’s Offseason Moves, Celtics’ Title Chances

October 8th, 2024 at 9:40am CST by Luke Adams

The Thunder made the best roster moves during the 2024 offseason, according to the NBA’s general managers. Within his annual survey of the league’s top basketball decision-makers, John Schuhmann of NBA.com writes that 37% of his respondents picked Oklahoma City as having the best summer, with the Sixers coming in second place at 33%. The Knicks got 20% of the vote share, while no other club received more than a single vote.

It was one of many favorable outcomes in the survey for the Thunder, who were overwhelmingly selected as the team with the best young core — 60% of GMs selected OKC, compared to 20% for the second-place Magic.

New Thunder guard Alex Caruso was chosen by general managers as the most underrated offseason acquisition, receiving 23% of that vote share, while last year’s Most Valuable Player runner-up Shai Gilgeous-Alexander was picked as this year’s MVP favorite (40%), narrowly edging Mavericks star Luka Doncic (30%).

The Thunder also received a handful of votes from the league’s GMs as the team that will win the 2025 NBA Finals, but at 13%, they finished a distant second to the Celtics, who earned a whopping 83% of the vote. Besides those two clubs, only the Mavericks (3%) received a vote to become this season’s champions.

Here are a few more interesting results from Schuhmann’s GM survey, which is worth checking out in full:

New Sixers forward Paul George got 60% of the vote as the offseason acquisition who will have the biggest impact in 2024/25, followed by new Knicks Mikal Bridges and Karl-Anthony Towns at 13% apiece. The Towns trade, meanwhile, was named the most surprising offseason move, eking out George leaving Los Angeles for Philadelphia (27% to 23%).
Unsurprisingly, Spurs big man Victor Wembanyama was the overwhelming choice (77%) for which player the GMs would most want to start a franchise with. Gilgeous-Alexander and Nuggets center Nikola Jokic each earned three votes in that category, while Doncic got one.
The league’s general managers are high on No. 3 overall pick Reed Sheppard — the Rockets‘ guard is their pick to win the Rookie of the Year award (50%) ahead of betting favorite Zach Edey of the Grizzlies (30%). Sheppard also comfortably received the largest vote share (43%) when the GMs were asked which rookie will be the best player in five years. Spurs guard Stephon Castle (17%) and Hawks forward Zaccharie Risacher (13%) were the runners-up in that category.
There was no consensus among the GMs on which 2024 draftee was the biggest steal. Wizards guard Carlton Carrington, Kings guard Devin Carter, Pacers wing Johnny Furphy, Lakers forward Dalton Knecht, Timberwolves guard Terrence Shannon, and Thunder guard Nikola Topic each received three votes to lead the way.
Among newly hired head coaches, Mike Budenholzer of the Suns is the one GMs feel will have the biggest impact on his new club. Budenholzer received 40% of the vote, beating out Kenny Atkinson of the Cavaliers and J.B. Bickerstaff of the Pistons (20% apiece). Meanwhile, Spurs guard Chris Paul (30%) and Raptors guard Garrett Temple (20%) are the active players that GMs feel would make the best head coaches down the road.
Asked what they’d change about the NBA, 20% of GMs said the rules related to the tax aprons, trades, and roster construction are too restrictive and/or should be “indexed to (a) team’s market,” per Schuhmann, making it the top response.

Knicks Notes: Shamet, Aller, Towns, Hukporti

October 5th, 2024 at 7:41pm CST by Arthur Hill

After joining the Knicks on a non-guaranteed contract last month, Landry Shamet appears to have the inside track on a roster spot, writes Stefan Bondy of The New York Post. The veteran guard has impressed coach Tom Thibodeau in training camp and may become a valuable member of the bench squad.

“I don’t make the final decision on that, but I’m basing it on what (Shamet’s) done on the floor. He’s really done well,” Thibodeau said. “The second unit, as I said, I’m anxious to see him as well because I’ve seen what they’ve done in practice and they’ve really done well together as a unit. So I want to see that in a game situation. But he’s done a really good job. He has really good chemistry with (Cameron Payne), and then when you put Deuce (Miles McBride) into that, they’re very fast. You can play with a lot of speed.”

Thibodeau also mentioned Precious Achiuwa and Jericho Sims as members of the second unit, and that group will likely get most of the rotation minutes off the bench.

Bondy points out that New York has two roster openings to fill, but can only afford one veteran because of apron restrictions. The other vacancy will go to one of the team’s two-way players, either Ariel Hukporti or Kevin McCullar.

There’s more on the Knicks:

Team capologist Brock Aller was the unsung hero of the Karl-Anthony Towns trade, Bondy adds in the same piece. Aller is being recognized throughout the league for his intricate maneuvering to make the Towns deal work under cap restrictions, as well as the trades that brought in Mikal Bridges and OG Anunoby. “Brock has been terrific,” Thibodeau said. “It’s been great execution of a plan. It’s five years in the making. It’s accumulating the draft capital and looking at the opportunities and going step by step and figuring out the things you can do.”
Towns and Bridges are both expected to be on the court when the Knicks open the preseason Sunday night in Charlotte, according to Steve Popper of Newsday. Thibodeau plans to use all his regulars in the first game to give them a chance to get used to playing together. “I think for all of us just playing with each other these training camp days is important to the camaraderie and continuity,” Towns said. “Every single day I see ourselves making better and better plays so we’re doing a good job right now.”
In a mailbag column, Ian Begley of SNY tabs Hukporti as the two-way player most likely to be converted to a standard contract because he provides depth at center.

Knicks Notes: Towns, Thibodeau, McCullar, DiVincenzo

October 4th, 2024 at 12:18pm CST by Rory Maher

Star big man Karl-Anthony Towns was understandably stunned by the blockbuster trade that sent him to the Knicks after spending his first nine seasons in Minnesota, writes Chris Herring of ESPN. Still, Towns believes his familiarity with head coach Tom Thibodeau, his former coach with the Wolves, should make the transition to New York a little smoother.

“I think it gives us a little bit of a head start,” Towns said of his relationship with Thibodeau. “I know the offense he likes to run. I know the way he likes to play defense and what he expects from his players.”

Towns, who is from New Jersey, has several other ties to the Knicks — president of basketball operations Leon Rose is his former agent, another executive, William Wesley, has known Towns for over a decade and remains a family friend, and senior VP of basketball operations Gersson Rosas was Minnesota’s top basketball executive after Thibodeau’s exit. Towns’ first stint with Thibodeau was rocky, but the 28-year-old said they settled their differences “years ago,” and a source tells Stefan Bondy of The New York Post that Thibodeau was fully on board with the trade.

“He’s a lot more experienced,” Thibodeau said of Towns. “I think all those experiences teaches you a lot. He’s been through a lot of different things now, so he’s bringing all those experiences here.

“I think as with most players, now he’s had experience being deep in the playoffs. He knows what that’s like. As much as you try to prepare for it, until you go through it, you don’t fully understand what it is and I think his understanding is much further along now than it was his second year in the league, and his skill set is so unique. I think he fits well with everybody.”

Here’s more on the Knicks:

James L. Edwards III and Jon Krawczynski of The Athletic take an in-depth look at how Towns and Thibodeau repaired their relationship and now have a second chance to find success together. “There is some benefit to having coached him before and to know who he is as a person, but, also, that was more than five years ago,” Thibodeau said. “He’s in a different place, he’s a different player. There is going to be a learning curve and we have to adjust quickly.”
Rookie Kevin McCullar, who sustained a knee injury at Kansas prior to the draft, traveled with the Knicks to Charleston, South Carolina, for training camp. However, he hasn’t been an active participant as he continues to rehab from the injury, league sources tell Edwards of The Athletic (Twitter link). A 6’5″ wing who was selected 56th overall in June, McCullar is on a two-way contract with New York.
Donte DiVincenzo, who was sent to Minnesota in the Towns trade, recently sent out a thank you message to Knicks fans, as Ian Begley of SNY.tv relays (via Twitter).
In case you missed it, the Knicks have reunited with Hall of Famer Patrick Ewing. You can find the full story right here.

Wolves Notes: Knicks Trade, Randle, DiVincenzo, Towns

October 3rd, 2024 at 5:51pm CST by Rory Maher

While long-term salary cap considerations played a factor in Minnesota’s blockbuster trade with New York, Timberwolves sources tell Jon Krawczynski of The Athletic that majority owner Glen Taylor was only willing to sign off on a deal involving Karl-Anthony Towns if the front office believed it would improve the team entering the 2024/25 season. Last season, the Wolves made the Western Conference finals for just the second time in franchise history, and Taylor had no interest in taking a step back.

“First and foremost, I think it’s extremely important to recognize that this is not a money deal,” head coach Chris Finch said. “Glen and our ownership was and is committed to paying large amounts of tax for this team to be highly competitive. That hasn’t changed. This deal in totality checks a lot of boxes. We think it’s a great basketball trade.”

Sources tell Krawczynski that Taylor reiterated throughout the summer he was willing to a foot a significant luxury tax bill and would rather have kept Towns — and the four years and $220MM left on his contract — than make the team worse. As Krawczysnki writes, Taylor is in an ongoing ownership dispute with minority stakeholders Marc Lore and Alex Rodriguez, and it behooves both sides to keep the Wolves as competitive as possible entering arbitration in early November.

It has been reported multiple times that the Knicks have wanted Towns for at least a couple years. But the timing of the trade was surprising, considering the regular season begins in a few weeks and training camps are already underway.

Team and league sources tell Krawczynski that the Wolves didn’t have many other options for moving Towns, especially for quality players in return, making the Knicks’ offer –headlined by three-time All-Star Julius Randle — appealing. However, according to Krawczynski, the Wolves only accepted the trade when the Knicks included Donte DiVincenzo in place of Mitchell Robinson, who is out until December or January as he continues recovers from ankle surgery.

Krawczynski also suggests the Wolves had some concerns that if they struggled to open ’24/25 or Towns got hurt, they would’ve had even fewer suitable trade options for the four-time All-Star due to his recent injury history and super-max contract. Still, it was difficult to deal away one of the top players in franchise history, a former No. 1 overall pick who had strong ties within the organization and the community.

Here’s more on the Wolves:

Finch said Randle will be the starting power forward and lavished praise on his former colleague — he was an assistant with New Orleans during Randle’s lone season with the Pelicans in ’18/19. “Really, really enjoyed working with him,” Finch said, per Krawczynski. “Great pro. Loves being in the gym, comes in with a smile on his face every day. He’s hungry for feedback. Really pleasant.” For his part, Randle said he’s thrilled to reunite with Finch, calling him a “genius” who excelled with preparation, writes Jamal Collier of ESPN.
Randle could hit free agency next summer if he declines his $30.9MM player option for ’25/26. He said he was initially shocked by the trade but after getting a night’s sleep, he had a different perspective, calling the deal “a breath of fresh air,” according to Collier. “You want to be somewhere where you feel wanted. I feel wanted here,” Randle said Thursday. “At this point in my career, I’ve accomplished a lot of great things on an individual level, but I want to win a championship. This is a perfect opportunity to do that.”
Finch was also excited about the addition of DiVincenzo, saying he should be able to acclimate quickly, Krawczynski notes. “His basketball IQ and his ability to cut and move and play off the ball is something that we really need,” Finch said. “That’ll benefit us right away.”
A recent report suggested that DiVincenzo may not have been thrilled with a potential reduced role with the Knicks, but a source tells Stefan Bondy of The New York Post that DiVincenzo had “embraced” the idea of coming off the bench and didn’t want to leave New York. “When you look at the big picture, my mind wasn’t on what teams were interested in me. When I was in New York, I was fully there. I wanted to be there. And when this kind of picked up, I realized it was an opportunity. And when it became an actual thing, my mind just completely went straight to Minnesota,” DiVincenzo said. “And I immediately thanked everybody from my time in New York. There’s so much love there. But once I realized this is a real thing and actually happened, my mind transitioned to Minnesota. And I’m 100 percent here and excited.”
Towns recently sent out a tweet thanking the Wolves organization and the team’s fans.

Knicks Officially Acquire Karl-Anthony Towns In Three-Team Trade With Wolves, Hornets

October 2nd, 2024 at 1:56pm CST by Luke Adams

The Karl-Anthony Towns blockbuster involving the Knicks, Timberwolves, and Hornets is now official, according to press releases from each of the three teams involved in the deal.

Word first broke last Friday night that an agreement had been reached, with more details reported on Tuesday. The full terms of the trade are as follows:

Knicks acquire Towns and the draft rights to James Nnaji.
Timberwolves acquire Julius Randle, Donte DiVincenzo, Keita Bates-Diop, and the Pistons’ 2025 first-round pick (top-13 protected; from Knicks).
Hornets acquire DaQuan Jeffries (sign-and-trade), Charlie Brown Jr. (sign-and-trade), Duane Washington (sign-and-trade), either the Nuggets’ or Sixers’ 2025 second-round pick (whichever is least favorable; from Timberwolves), the Warriors’ 2026 second-round pick (from Knicks), the Knicks’ 2031 second-round pick, and cash ($7.2MM; from Knicks).

“We are beyond excited to welcome Karl-Anthony Towns to the New York Knicks family,” Knicks president of basketball operations Leon Rose said in a statement. “Karl-Anthony brings a skillset that is unique to the game of basketball. He possesses a blend of playmaking, shooting, rebounding and defending that in combination with his size allows him to compete at a level that is rare in this league. Karl-Anthony has demonstrated throughout his career to be a high caliber player and person on and off the court who will complement the type of team and culture we continue to build in New York.”

Minnesota waived camp invitee Jaedon LeDee in order to accommodate the one-for-three swap, while Charlotte cut guards Marcus Garrett and guard Caleb McConnell to make room on its roster for the three incoming players.

Both the Wolves and Hornets are now at their 21-man preseason limits, while the Knicks have five open spots on their 21-man squad. They’ll reportedly fill one of those spots by re-signing Chuma Okeke.

Our original report on the trade includes more details on the on-court implications of the move for the Knicks and Timberwolves. We also discussed how it will affect New York’s ability to fill out the rest of its regular season roster.

Here are a few more additional notes on the transaction:

Randle received his full 15% trade bonus as part of the transaction, confirms ESPN’s Bobby Marks (via Twitter). That bumps the forward’s cap hit for 2024/25 from $28,939,680 to $33,073,920. The cap charge for Randle’s ’25/26 player option ($30,935,520) remains unchanged, since the trade bonus doesn’t affect option years.
Towns also had a trade kicker in his contract, but it’s voided because he’s already earning his maximum salary, Marks adds (via Twitter).
The three players the Knicks signed-and-traded to the Hornets will each earn exactly $1 more than their respective minimum salaries, per Marks. That works out to $2,425,404 for Jeffries, $2,237,692 for Brown, and $2,162,607 for Washington. Teams aren’t permitted to aggregate multiple minimum-salary contracts for matching purposes in offseason trades, and since Bates-Diop is on a minimum deal, Jeffries, Brown, and Washington couldn’t be. Fred Katz of The Athletic (Twitter link) has heard that the NBA “isn’t thrilled” about the way in which the Knicks circumvented that rule, but it’s technically legal.
The Hornets used their $7,983,000 room exception to accommodate those three incoming salaries, becoming the first team to take advantage of the new rule allowing clubs to use their non-taxpayer mid-level exception, room exception, or bi-annual exception to acquire a player via trade. Charlotte now has just $1,157,297 left on that exception.
The Timberwolves will create a $4,686,880 trade exception in the deal, which they’d be allowed to use this season despite being a second-apron team. Teams operating above either tax apron are prohibited from using trade exceptions that were generated during the previous season, but can use newly created TPEs.
Because they sent approximately $7.2MM to the Hornets in the deal, were responsible for paying Randle’s $4.13MM trade bonus, and will reportedly pay Partizan Belgrade an estimated $850K for Washington’s buyout, the Knicks are on the hook for more than $12MM in cash, separate from player salaries, as a result of the deal.

New York Notes: Bridges, Washington, Towns, Nets, Williams, Thomas

October 2nd, 2024 at 7:26am CST by Luke Adams

After making an NBA Finals and being part of a 64-win season in Phoenix, new Knicks forward Mikal Bridges admitted it was a difficult adjustment to be on a Nets team that went just 44-65 during his season-and-a-half with the franchise. However, as Stefan Bondy of The New York Post writes, Bridges also viewed his Nets tenure as a useful learning experience.

“Yeah, it was tough in Brooklyn, we were losing. Even personally, I think I didn’t handle it as well as I could,” he told reporters on Tuesday. “I always preach mental toughness and never losing your spirit. But it was just something I never dealt with like that. And, I think it was just a lot just for that team in general when I was there and the expectation for everybody and I think I didn’t handle it as good as I should have.”

Having been traded to Brooklyn’s cross-town rivals, Bridges is more optimistic about what the 2024/25 season holds, while Knicks star Jalen Brunson is excited about reuniting with his former Villanova teammate in New York’s starting lineup.

“I know how he plays, he knows how I play,” Brunson said. “The chemistry is still there.”

Here’s more on the NBA’s two New York teams:

According to reporting from Bojan Brezovac of MozzartSport, the Serbian club Partizan Belgrade could receive a payment worth up to $1MM for letting Duane Washington out of his contract in order to be signed-and-traded by the Knicks to the Hornets for salary-matching purposes in the three-team Karl-Anthony Towns trade. The Knicks could pay up to $850K of that amount with no cap impact — any additional buyout money on top of that would come out of Washington’s NBA salary. The veteran guard is expected to be waived by Charlotte so he can return to Partizan after the trade.
Fred Katz of The Athletic explores how the Knicks might deploy Towns in order to optimize his unique skill set and considers what assets New York still has left for a possible in-season trade.
After being traded from the Grizzlies to the Nets in July, Ziaire Williams said on Monday that he feels like “a loose bird finally let out of his cage” (Twitter video link via Erik Slater of ClutchPoints). “Some days, I just kind of felt like I was trapped,” Williams said. “I definitely feel a lot more free (here). … It’s definitely a blessing in disguise.” Brian Lewis of The New York Post takes a look at the opportunities that Williams and former lottery pick Killian Hayes have for fresh starts in Brooklyn. Williams has a guaranteed $6.1MM salary for 2024/25, while Hayes is on a non-guaranteed Exhibit 10 deal and is fighting for a roster spot.
Nets guard Cam Thomas is eligible for a rookie scale extension up until October 21, but he seems more likely to reach restricted free agency next summer than to sign a new contract before the season begins, according to Lewis. “I’m pretty sure my agent will have conversations with them, but I’m just worried about the season,” Thomas said. “This is the opportunity I’ve been wanting since I got into the league: to play, be free, so I’m just gonna make the most of it, and whatever happens, happens.”

Hornets To Receive Three Second-Rounders, Three Players In Towns Blockbuster

October 1st, 2024 at 7:31pm CST by Dana Gauruder

The Hornets are receiving three second-round picks along with DaQuan Jeffries, Charlie Brown Jr. and Duane Washington Jr. as the third team in the Knicks–Timberwolves blockbuster trade, Shams Charania, Jon Krawczynski and Fred Katz of The Athletic report (via Twitter). A pair of those second-rounders are coming from the Knicks, while the Timberwolves will provide the other one.

The Knicks, of course, are acquiring Karl-Anthony Towns in the trade, while Julius Randle, Donte DiVincenzo, Keita Bates-Diop and a protected Pistons first-round pick controlled by New York are headed to Minnesota.

The Knicks will also receive the rights to 2023 draft pick James Nnaji from Charlotte, Katz tweets.

Jeffries has appeared in a total of 64 NBA games for four different teams. He saw action in 17 games off the bench for New York last season.

Brown has appeared in NBA games for five organizations since entering the league in 2019/20. He played eight games for the Knicks last season.

Washington has played a total of 79 games for Indiana and Phoenix. Washington, who didn’t appear in an NBA game last season, signed a two-year contract with Serbia’s Partizan Belgrade in July.

ESPN’s Bobby Marks provides more details on Charlotte’s haul (Twitter link). Minnesota is shipping a 2025 second-rounder (the least favorable of Denver’s or Philadelphia’s picks). The Knicks are giving up a 2026 pick that Golden State owed them and their own 2031 second-rounder.

The trio of veteran players are involved in sign-and-trades and Charlotte will also collect a total of $7.2MM in cash from the Knicks, Marks notes. That’s the maximum amount of cash a team can trade in 2024/25, so New York won’t be permitted to sent out cash in any subsequent deals.

The cash Charlotte receives will offset the salaries of the three players, who will earn a combined $6.8MM, Marks adds (Twitter link). The Hornets are using their room exception to make those acquisitions, making them the first team to take advantage of new rules allowing teams to trade for players using the non-taxpayer mid-level, room, or bi-annual exception.

Partizan and Washington will agree to a buyout freeing him up for the sign-and-trade deal, but Charlotte plans to waive him, so he could re-sign with the Belgrade-based club, Ian Begley of SNY TV tweets.

Nnaji, the 31st pick of the 2023 draft, is a draft-and-stash prospect who struggled to get rotation minutes with Spanish powerhouse Barcelona in ’23/24. He’s playing for Spain’s Girona on loan from Barcelona this season.

As we outlined on Saturday when we discussed the cap implications of the trade for the Knicks, they’ll have just 12 players under contract once the deal is official and won’t have enough room under their hard cap to carry two more players on veteran minimum deals.

In all likelihood, they’ll carry a 13th man on a minimum-salary contract (possibly Landry Shamet) and will promote either Kevin McCullar or Ariel Hukporti to the standard roster. They’d also have the option of signing a draft-and-stash prospect as their 14th man, though most viable candidates for an NBA roster spot are under contract with teams elsewhere.

Timberwolves Notes: Edwards, CBA, Towns, Minott

September 30th, 2024 at 8:29pm CST by Tristan Tucker

The Timberwolves shook things up in a massive way just before training camp by trading away fan favorite and four-time All-Star Karl-Anthony Towns. Anthony Edwards has evolved into one of the league’s premier players since his league debut in 2020, and the trade signals the organization’s faith in him. Still, Edwards was surprised by the trade of one of his close friends, as detailed in a story by ESPN’s Myron Medcalf.

“I think everybody knows [Towns] is my brother,” Edwards said Monday. “So that definitely hurts, but you know, it’s a business, so I just have to roll with it.”

Top Wolves decision-makers couldn’t speak on the yet-to-be-finalized blockbuster, but expressed optimism in Edwards’ ability to continue bringing the franchise to glory. The Timberwolves finished with their second-best record in team history last season.

“We continue to challenge [Edwards] because we think he can be one of the best players ever and we don’t say that lightly,” team president Tim Connelly said. “And with that expectation comes tremendous responsibility.”

Edwards said he thinks Connelly is right.

We have more from the Timberwolves:

While Connelly couldn’t speak specifically on the Towns trade, he was candid about the significant impact of the CBA’s second tax apron, Medcalf writes. Both Towns’ $220MM+ deal and Edwards’ $244MM+ contract started this season. “I mean the new rules are … some of the consequences are unintended, quite frankly,” Connelly said. “I don’t know if anyone intended to make it this challenging to make moves, to make trades when you’re above certain aprons. But you gotta be smart, you gotta be lucky, you gotta hit on some of your draft picks and then I think you have to, as much as possible, build teams that can stay together for multiple years.“
By trading Towns, the Wolves are also betting that Naz Reid will continue to evolve after winning Sixth Man of the Year this past season, Chris Hine of The Star Tribune writes. Reid became the longest-tenured Wolves player once the move is official. Hine also lists other ways the move will impact Minnesota, taking a dive into how the team’s starters, flexibility, and depth will all be impacted.
Wolves head coach Chris Finch gave third-year forward Josh Minott high praise on Monday, according to Jace Frederick of Pioneer Press (Twitter link). Finch said Minott has been one of the best players in the building for the Timberwolves over the past six weeks and that he’s had an incredible summer. Minott hasn’t played much since entering the league in 2022, averaging just 4.0 minutes and making 47 appearances. However, he averaged 19.5 PPG and 6.7 RPG last season in the G League. Finch’s praise of Minott is significant because after acquiring three players in exchange for Towns, the Timberwolves will have 15 players on guaranteed salaries, with PJ Dozier on a partial guarantee. Minott could have been on the roster bubble for the Wolves, but Finch’s seal of approval suggests his spot isn’t in any immediate danger.