Player (18)	Pos.	Cap Figure	Base Salary	Likely Incent.	Unlikely Incent.	Trade Bonus	Cap Figure	Cap % Team	Cap % League	Cash Remaining (Guaranteed)	Notes
Gobert Rudy Gobert	C	$41,000,000	$41,000,000	-	-	-	$41,000,000	19.18	30.14	$131,482,760 ($131,482,760)	Acquired via Trade
Towns Karl-Anthony Towns	C	$36,016,200	$36,016,200	-	-	-	$36,016,200	16.85	26.48	$258,672,200 ($258,672,200)	Rk Extension / Bird
Conley Mike Conley	PG	$24,360,000	$24,360,000	-	$1,500,000	-	$24,360,000	11.40	17.91	$24,360,000 ($24,360,000)	Acquired via Trade
Edwards Anthony Edwards	SG	$13,534,817	$13,534,817	-	-	-	$13,534,817	6.33	9.95	$219,434,817 ($205,900,000)	Drafted / Rookie Scale G'teed: $0
Reid Naz Reid	C	$12,950,400	$12,950,400	-	-	-	$12,950,400	6.06	9.52	$41,959,296 ($41,959,296)	Vet Extension / Bird
Anderson Kyle Anderson	PF	$9,219,512	$9,219,512	-	-	-	$9,219,512	4.31	6.78	$9,219,512 ($9,219,512)	Free Agent / NT-MLE
Milton Shake Milton	SG	$5,000,000	$5,000,000	-	-	-	$5,000,000	2.34	3.68	$10,000,000 ($5,000,000)	Free Agent / NT-MLE
Alexander-Walker Nickeil Alexander-Walker	SG	$4,687,500	$4,687,500	-	-	-	$4,687,500	2.19	3.45	$9,000,000 ($9,000,000)	Free Agent / Bird
Brown Jr. Troy Brown Jr.	SG	$4,000,000	$4,000,000	-	-	-	$4,000,000	1.87	2.94	$8,000,000 ($4,000,000)	Free Agent / NT-MLE
McDaniels Jaden McDaniels	PF	$3,901,399	$3,901,399	-	-	-	$3,901,399	1.83	2.87	$3,901,399 ($3,901,399)	Drafted / Rookie Scale
Moore Jr. Wendell Moore Jr.	SG	$2,421,720	$2,421,720	-	-	-	$2,421,720	1.13	1.78	$9,533,043 ($2,421,720)	Drafted / Rookie Scale
McLaughlin Jordan McLaughlin	PG	$2,320,000	$2,320,000	-	$100,000	-	$2,320,000	1.09	1.71	$2,320,000 ($2,320,000)	Free Agent / Early Bird
Miller Leonard Miller	SF	$1,800,000	$1,800,000	-	-	-	$1,800,000	0.84	1.32	$8,319,739 ($4,802,696)	Drafted / 2nd Round
Minott Josh Minott	SF	$1,719,864	$1,719,864	-	-	-	$1,719,864	0.80	1.26	$5,927,014 ($1,719,864)	Drafted / NT-MLE
Training Camp/Exhibit 10, Exhibit 9
KrejciVit Krejci	PG	$2,019,706	$2,019,706			-	$2,019,706	-	-	-	Exhibit-10
NixDaishen Nix	PG	$2,019,706	$2,019,706			-	$2,019,706	-	-	-	Exhibit-10
KeelsTrevor Keels	SG	$1,801,769	$1,801,769			-	$1,801,769	-	-	-	Exhibit-10
MartinTyrese Martin	SF	$1,801,769	$1,801,769			-	$1,801,769	-	-	-	Exhibit-10

2023-24 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap/Tax Allocations.

Player (3)	Pos.
ClarkJaylen Clark	SG
GarzaLuka Garza	C
RyanMatt Ryan	SF

2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Timberwolves are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Renouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (6)	Pos.	Qualifying Offer	Likely Incent.	Unlikely Incent.	Trade Kicker	Cap Figure	Rights
TurnerEvan Turner	SF	-				$27,909,834	Bird
Alexander-WalkerNickeil Alexander-Walker	SG	-				$15,028,899	Bird
BrooksAaron Brooks	PG	-				$2,019,706	Non-Bird
MonroeGreg Monroe	C	-				$2,019,706	Non-Bird
RiversAustin Rivers	SG	-				$2,019,706	Non-Bird
RyanMatt Ryan	SF	$1,801,769				$1,801,769	Two-Way

Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($172,346,000) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($172,346,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type	Reason (Used On)	Original	Available
Non-Taxpayer Mid-Level	Shake Milton ($5,000,000), Troy Brown Jr. ($4,000,000)	$12,405,000	$3,405,000
Bi-Annual		$4,516,000	$4,516,000
Trade 2/09/2024	D'Angelo Russell trade with LAL	$3,688,117	$3,688,117

2023-24 Luxury Tax Totals

Denotes the Timberwolves current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type		Totals
2023 NBA Luxury Tax Threshold		$165,294,000
Total Taxable Salaries		$162,931,412
Current Luxury Tax Space		$2,362,588

2023-24 Minnesota Timberwolves Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $172,346,000 at any point during the season.

Cap Type	Total
Active Roster Cap	$162,931,412
Cap Holds	$50,799,620
Total Salaries	$213,731,032
2023 NBA Salary Cap Max	$136,021,000
Actual Cap Max Space	$-77,710,032

Cap Type	Cap Total
Active Roster Cap	$162,931,412
Cap Holds	$50,799,620
Total Cap Allocations	$213,731,032
Salary Cap Maximum
2023 NBA Salary Cap Max	$136,021,000
Current Cap Space	$-77,710,032
Salary Hard-Cap
2023 NBA Hard-Cap ("Luxury Tax First Apron")	$172,346,000
Total Hard-Cap Salaries	$164,531,412
Hard-Cap Space	$7,814,588
"Super Tax" Apron
2023 NBA Super-Tax Apron	$182,794,000
Super-Tax Apron Space	$18,262,588

 

2023-24 Practical Cap Space

Available Practical Cap Space:

$-77,710,032 — $-26,910,412

$-77,710,032

Projected Practical Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.

$-26,910,412

Maximum Possible Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.

Deadlines

Deadline Date	Player	Type	Value
10/31/2023	Wendell Moore Jr.	2024-25 Club Option	$2,537,040
1/10/2024	Tyrese Martin	2023-24 Guaranteed	$1,801,769
1/10/2024	Trevor Keels	2023-24 Guaranteed	$1,801,769
1/10/2024	Daishen Nix	2023-24 Guaranteed	$2,019,706
1/10/2024	Vit Krejci	2023-24 Guaranteed	$2,019,706
6/28/2024	Josh Minott	2024-25 Guaranteed	$2,019,699
6/29/2024	Luka Garza	2024-25 Qualifying Offer	$1,981,953
6/29/2024	Tyrese Martin	2024-25 Qualifying Offer	$2,432,388
6/29/2024	Trevor Keels	2024-25 Qualifying Offer	$2,432,388
6/29/2024	Matt Ryan	2024-25 Qualifying Offer — Two-Way	$1,981,953
6/29/2024	Daishen Nix	2024-25 Qualifying Offer	$2,726,604
6/29/2024	Vit Krejci	2024-25 Qualifying Offer	$2,726,604
6/29/2024	Anthony Edwards	2024-25 Qualifying Offer — voided via extension	$17,595,263
6/29/2024	Shake Milton	2024-25 Guaranteed	$5,000,000
6/29/2024	Jaden McDaniels	2024-25 Qualifying Offer	$5,813,085
6/30/2024	Troy Brown Jr.	2024-25 Guaranteed	$4,000,000
10/31/2024	Wendell Moore Jr.	2025-26 Club Option	$4,574,283
6/29/2025	Jaylen Clark	2025-26 Qualifying Offer — Two-Way	$2,180,149
6/29/2025	Josh Minott	2025-26 Club Option	$2,187,451
6/29/2025	Rudy Gobert	2025-26 Player Option	$46,655,173
6/30/2025	Leonard Miller	2025-26 Guaranteed	$2,221,677
6/30/2025	Naz Reid	2025-26 Player Option	$15,022,464
6/29/2026	Leonard Miller	2026-27 Club Option — non-guaranteed
6/29/2026	Wendell Moore Jr.	2026-27 Qualifying Offer	$6,751,642
6/30/2026	Leonard Miller	2026-27 Guaranteed	$2,406,205
6/29/2027	Karl-Anthony Towns	2027-28 Player Option	$62,062,000

Unsigned Draft Picks

Draft Year	Player	Age	Position	Country	College
2009	Henk Norel	36	C	NLD
2010	Paulao Prestes	35	C	BRA
2022	Matteo Spagnolo	20	PG	ITA

Future Draft Picks

• Round 1
• Round 2