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Timberwolves Move Josh Green to Jazz to Free Cap for Kuminga
sports2 hours ago

Timberwolves Move Josh Green to Jazz to Free Cap for Kuminga

The Minnesota Timberwolves traded Josh Green to the Utah Jazz for Cody Williams and John Konchar, plus cash, and will stretch Konchar to generate cap relief needed to sign Jonathan Kuminga with the taxpayer mid-level exception. Minnesota plans to keep Williams, waive Konchar, and emerge roughly $6.6M under the second apron with 14 players on each roster. Utah adds a defensive wing in Green to bolster its lineup alongside Okogie, while keeping flexibility for a potential 15th spot.

via Hoops Rumors|
#cap-space#jonathan-kuminga#josh-green
Timberwolves Move Green for Cody Williams to Clear Kuminga Path
sports5 hours ago

Timberwolves Move Green for Cody Williams to Clear Kuminga Path

Timberwolves trade Josh Green and cash to the Jazz for Cody Williams and John Konchar; Konchar’s $6.2 million contract will be waived and stretched, creating roughly $2 million in dead cap to help accommodate Jonathan Kuminga under cap rules. Cody Williams, Jalen Williams’ younger brother, showed late-season promise but isn’t guaranteed a rotation spot, and Minnesota sits at 14 players under contract with three two-way slots filled as they seek roster flexibility.

via Canis Hoopus|
#cody-williams#kuminga#nba
Timberwolves Bet Big on Kuminga Upgrade as Stad Takes the Reins
basketball13 hours ago

Timberwolves Bet Big on Kuminga Upgrade as Stad Takes the Reins

The Timberwolves view Jonathan Kuminga as a versatile, high-upside add at a reasonable two-year, $12.4 million commitment that could fill a power-forward void by delivering defensive versatility and off-ball/on-ball usage, while Donte DiVincenzo’s return from a torn Achilles remains uncertain and Minnesota isn’t planning to trade him. The team may waive-and-stretch Josh Green to create cap space to sign Kuminga with the taxpayer mid-level exception. Separately, Jon Krawczynski profiles new majority owner Marc Stad, whose Dragoneer Investment Group will influence decisions as Stad takes a more active role alongside wife Elisa Stad, the team governor.

via Hoops Rumors|
#basketball#divincenzo#kuminga
Kuminga’s Free-Agent Gamble Shortchanged Him, Wolves Land Two-Year Deal
sports1 day ago

Kuminga’s Free-Agent Gamble Shortchanged Him, Wolves Land Two-Year Deal

Jonathan Kuminga chose a two-year, $12.4 million contract with the Minnesota Timberwolves over a larger Lakers offer and a three-year, about $75 million package from the Warriors, a move many view as a misread of his value. The decision leaves him with a shorter-term path and less certainty about long-term earnings, as other teams divvied up their cap space and sign-and-trade options, effectively narrowing his market this offseason and turning the saga into what observers dub a major “bag fumble.”

via Silver Screen and Roll|
#contract#kuminga#lakers
Timberwolves land Kuminga on 2-year deal to bolster frontcourt
sports2 days ago

Timberwolves land Kuminga on 2-year deal to bolster frontcourt

Jonathan Kuminga agreed to a two-year, $12 million contract with the Minnesota Timberwolves to slot in at power forward alongside Rudy Gobert, beating out the Lakers for the deal. The move fills a frontcourt need for a contending West team, with Minnesota eyeing a potentially aggressive rebuild; the Wolves will likely need to clear space (e.g., by trading Josh Green or waiving/stretching his salary) to stay under the second apron.

via The New York Times|
#contract#frontcourt#kuminga
Marc Stad Set to Seize Controlling Ownership of Timberwolves and Lynx
business7 days ago

Marc Stad Set to Seize Controlling Ownership of Timberwolves and Lynx

Marc Stad is set to become the controlling owner and largest shareholder of the Minnesota Timberwolves and Lynx, purchasing the stakes from Marc Lore and Alex Rodriguez in a deal valued at about $4.5 billion and awaiting NBA Board approval. Lore and Rodriguez will stay as limited partners, with Stad’s wife Elisa expected to serve as the Wolves’ governor and Rodriguez remaining the Lynx’s governor. Lore is reducing his stake to pursue the Wonder Group IPO, and the teams’ lease at Target Center runs through 2035 as plans for a new arena continue to be discussed.

via 5 EYEWITNESS NEWS|
#alex-rodriguez#business#lynx
Stad to Lead Timberwolves and Lynx After $4.5B Ownership Reorganization
business8 days ago

Stad to Lead Timberwolves and Lynx After $4.5B Ownership Reorganization

Marc Stad will assume top ownership of the Minnesota Timberwolves and Lynx after purchasing Marc Lore’s controlling stake for $4.5 billion; Lore will remain a limited partner and step back from his governor role to focus on taking Wonder public, while Alex Rodriguez stays as co-chair and governor of the Lynx and Elisa Stad is named Timberwolves governor to keep Stad fully engaged with Dragoneer. The deal preserves Minnesota-based ownership and keeps plans for a new arena on track.

via The New York Times|
#business#dragoneer#lynx
Timberwolves Bench Prospects Stand Out in Las Vegas Summer League
sports1 month ago

Timberwolves Bench Prospects Stand Out in Las Vegas Summer League

With Joan Beringer out with back tightness, Minnesota leaned on a shuffled bench in Las Vegas. Rocco Zikarsky flashed scoring ability—finishing with 18 points on 13 shots—though he struggled defensively and on rebounds. Isaiah Stewart again scuffled from deep, while Zyon Pullin stood out as the Wolves’ best guard option, posting a 16-point double-double and solid defense. Trey Kaufman-Renn impressed with physicality and potential. The Wolves wrap Summer League play against the Indiana Pacers next.

via Canis Hoopus|
#nba#rookies#sports
Pullin Powers Wolves Past Pelicans in Vegas Summer League Opener
sports1 month ago

Pullin Powers Wolves Past Pelicans in Vegas Summer League Opener

In the Las Vegas NBA Summer League opener, the Minnesota Timberwolves beat the New Orleans Pelicans as guard-forward prospect Zyon Pullin posted 24 points, 12 assists and 8 rebounds in a near-triple-double; Joan Beringer impressed as a rebounder and shot blocker and is projected to play the four in defensive lineups, while Rocco Zikarsky started slow but showed flashes. Nate Santos and Donovan Williams boosted roles, Trey Kaufman-Renn logged limited minutes, and Minnesota eyes a Monday matchup with the Nuggets.

via Canis Hoopus|
#basketball#nba#pelicans
LeBron’s Next Chapter? SI Panel Debates Free-Agent Landing
sports1 month ago

LeBron’s Next Chapter? SI Panel Debates Free-Agent Landing

Sports Illustrated's roundtable weighs LeBron James's looming free agency, evaluating Cavaliers, Warriors and several other destinations. While Cleveland and Golden State emerge as the most likely fits, Minnesota and Philadelphia are noted as intriguing dark horses, with the panel's final predictions split but Cavaliers and Warriors most often highlighted.

via Sports Illustrated|
#cavaliers#lebron-james#nba-free-agency
Ball in Minnesota: A High-Stakes Push to Elevate Anthony Edwards
sports2 months ago

Ball in Minnesota: A High-Stakes Push to Elevate Anthony Edwards

MinnPost’s Britt Robson analyzes Minnesota’s blockbuster deal sending Naz Reid and draft assets to Charlotte for LaMelo Ball and Josh Green, arguing Ball could unlock Anthony Edwards by providing elite playmaking and off-ball shooting while Gobert anchors defense. But durability concerns, Ball’s shot selection, and questions about fit and culture make it a high-risk, potentially game-changing move for the Timberwolves’ timeline.

via MinnPost|
#anthony-edwards#lamelo-ball#nba