Minnesota Timberwolves

Minnesota Timberwolves 2022-23 Salary Cap

Timberwolves 2022-23 Salary Cap

An updated look at the Minnesota Timberwolves 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

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Player Option
Club Option
Non-Guaranteed
Estimate
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 $38,172,414 $38,172,414 - - - $38,172,414 21.36 30.87 $169,655,174
($169,655,174)
Acquired via Trade
Towns Karl-Anthony Towns C $33,833,400 $33,833,400 - - - $33,833,400 18.93 27.36 $294,073,600
($294,073,600)
Rk Extension / Bird
Russell D'Angelo Russell PG $31,377,750 $31,377,750 - - - $31,377,750 17.55 25.38 $31,377,750
($31,377,750)
Acquired via Trade
Edwards Anthony Edwards SG $10,733,400 $10,733,400 - - - $10,733,400 6.01 8.68 $24,268,217
($10,733,400)
Drafted / Rookie Scale
Anderson Kyle Anderson SF $8,780,488 $8,780,488 - - - $8,780,488 4.91 7.10 $18,000,000
($18,000,000)
Free Agent / NT-MLE
Prince Taurean Prince PF $7,295,000 $7,100,000 $195,000 $870,000 - $7,295,000 4.08 5.90 $14,555,000
($7,100,000)
Vet Extension / Bird
Moore Jr. Wendell Moore Jr. SF $2,306,520 $2,306,520 - - - $2,306,520 1.29 1.87 $11,839,563
($4,728,240)
Drafted / Rookie Scale
McDaniels Jaden McDaniels PF $2,161,440 $2,161,440 - - - $2,161,440 1.21 1.75 $6,062,839
($2,161,440)
Drafted / Rookie Scale
McLaughlin Jordan McLaughlin PG $2,160,000 $2,160,000 - $100,000 - $2,160,000 1.21 1.75 $4,480,000
($2,160,000)
Free Agent / Early Bird
Nowell Jaylen Nowell SG $1,930,681 $1,930,681 - - - $1,930,681 1.08 1.56 $1,930,681
($0)
Drafted / NT-MLE
G'teed: $0
Reid Naz Reid C $1,930,681 $1,930,681 - - - $1,930,681 1.08 1.56 $1,930,681
($0)
/ NT-MLE
G'teed: $0
Rivers Austin Rivers PG $1,836,090 $2,905,851 - - - $1,836,090 1.03 1.48 $2,905,851
($650,000)
Free Agent / Minimum
G'teed: $650,000
Forbes Bryn Forbes SG $1,836,090 $2,298,385 - - - $1,836,090 1.03 1.48 $2,298,385
($2,298,385)
Free Agent / Minimum
Knight Nathan Knight PF $1,836,090 $1,836,090 - - - $1,836,090 1.03 1.48 $3,833,328
($350,000)
Free Agent / Minimum
G'teed: $350,000
Minott Josh Minott PF $1,017,781 $1,017,781 - - - $1,017,781 0.57 0.82 $6,944,795
($2,737,645)
Drafted / NT-MLE
Training Camp/Exhibit 10, Exhibit 9
DozierP.J. Dozier PG $1,836,090 $2,133,278 - $1,836,090 - - - Exhibit-10
EllebyCJ Elleby SF $1,836,090 $1,836,090 - $1,836,090 - - - Exhibit-10
GarzaLuka Garza C $1,637,966 $1,637,966 - $1,637,966 - - - Exhibit-10


2022-23 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 Allocations.

Player (2) Pos.
LawsonA.J. Lawson F          
PaschallEric Paschall PF          


2022-23 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 (3) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
TurnerEvan Turner SF - $27,909,834 Bird
BrooksAaron Brooks PG - $1,811,516 Non-Bird
MonroeGreg Monroe C - $1,811,516 Non-Bird


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 ($156,938,000) 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 ($156,938,000), 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
Kyle Anderson
($8,780,488), Josh Minott
$10,490,000 $691,731
Bi-Annual
$4,105,000 $4,105,000
Trade
7/06/2023
Jarred Vadnerbilt trade with UTH
$4,374,000 $4,374,000


2022-23 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
2022 NBA Luxury Tax Threshold $150,267,000
Total Taxable Salaries $147,207,825
Current Luxury Tax Space $3,059,175


2022-23 Minnesota Timberwolves Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $156,938,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $147,207,825
Cap Holds $31,532,866
Total Cap Allocations $178,740,691
Salary Cap Maximum
2022 NBA Salary Cap Max $123,655,000
Current Cap Space $-55,085,691
Salary Hard-Cap
2022 NBA Hard-Cap ("Luxury Tax Apron") $156,938,000
Total Hard-Cap Salaries $148,177,825
Hard-Cap Space $8,760,175
 

2022-23 Practical Cap Space

Available Practical Cap Space: $-46,740,633 — $-17,972,295

$-46,740,633
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.

$-17,972,295
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
10/31/2022 Anthony Edwards 2023-24 Club Option $13,534,817
10/31/2022 Jaden McDaniels 2023-24 Club Option $3,901,399
1/10/2023 P.J. Dozier 2022-23 Guaranteed $2,133,278
1/10/2023 Austin Rivers 2022-23 Guaranteed $2,905,851
1/10/2023 Nathan Knight 2022-23 Guaranteed $1,836,090
1/10/2023 Naz Reid 2022-23 Guaranteed $1,930,681
1/10/2023 Jaylen Nowell 2022-23 Guaranteed $1,930,681
6/28/2023 Taurean Prince 2023-24 Guaranteed $7,455,000
6/29/2023 Nathan Knight 2023-24 Club Option — partially guaranteed $380,718
6/29/2023 A.J. Lawson 2023-24 Qualifying Offer — Two-Way $1,761,752
6/29/2023 Luka Garza 2023-24 Qualifying Offer $2,174,849
6/30/2023 Jordan McLaughlin 2023-24 Guaranteed $2,320,000
10/31/2023 Wendell Moore Jr. 2024-25 Club Option $2,537,040
1/10/2024 Nathan Knight 2023-24 Guaranteed $1,997,238
6/28/2024 Josh Minott 2024-25 Guaranteed $2,019,699
6/30/2024 Anthony Edwards 2024-25 Qualifying Offer $17,595,263
6/30/2024 Jaden McDaniels 2024-25 Qualifying Offer $5,813,085
10/31/2024 Wendell Moore Jr. 2025-26 Club Option $4,574,283
6/29/2025 Josh Minott 2025-26 Club Option $2,187,451
6/29/2025 Rudy Gobert 2025-26 Player Option $46,655,173
6/29/2026 Wendell Moore Jr. 2026-27 Qualifying Offer $6,751,642
6/29/2027 Karl-Anthony Towns 2027-28 Player Option $62,062,000