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Minnesota Timberwolves 2020-21 Salary Cap

An updated look at the Minnesota Timberwolves 2020-21 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

Timberwolves – The Athletic

Player Option
Club Option
Estimate
Trade Kicker
Block Trade Clause
No Trade Clause
Player (11) Age Pos. Cap % Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
TownsKarl-Anthony Towns RK-MAX 24 C $29,467,800 Bird $29,467,800 - - ($29,467,800) $29,467,800 19.59
RussellD'Angelo Russell MAX 24 PG $28,649,250 Sign-and-Trade $28,649,250 - - ($28,649,250) $28,649,250 19.05
JohnsonJames Johnson 33 PF $16,047,100 Cap Space $15,827,100 - $220,000 ($15,827,100) $16,047,100 10.67
CulverJarrett Culver 21 SF $6,104,280 Rookie $6,104,280 - - ($6,104,280) $6,104,280 4.06
LaymanJake Layman 26 SF $3,761,085 Sign-and-Trade $3,761,085 - - ($3,761,085) $3,761,085 2.50
OkogieJosh Okogie 22 SG $2,771,040 Rookie $2,771,040 - - ($2,771,040) $2,771,040 1.84
EvansJacob Evans 23 SG $2,017,320 Rookie $2,017,320 - - ($2,017,320) $2,017,320 1.34
SpellmanOmari Spellman 23 PF $1,988,280 Rookie $1,988,280 - - ($1,988,280) $1,988,280 1.32
VanderbiltJarred Vanderbilt 21 PF $1,663,861 Cap Space $1,663,861 - - - $1,663,861 1.11
NowellJaylen Nowell 21 G $1,517,981 MLE $1,517,981 - - - $1,517,981 1.01
ReidNaz Reid 21 PF $1,517,981 MLE $1,517,981 - - - $1,517,981 1.01


2020-21 Dead Cap

Cap breakdowns for players who have been traded or released. All count against the team's Total Cap Allocations.

Player (1) Age Pos. Signed Using Base Salary Signing Bonus Trade Kicker Dead Money Cap Figure Cap %
AldrichCole Aldrich 31 C $685,340 - - - $685,340 0.46


2020-21 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. Denouncing 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 (5) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
TurnerEvan Turner 31 SF Bird   $27,909,836  
HernangomezJuan Hernangomez 25 PF Restricted Bird   $4,642,800  
BeasleyMalik Beasley 23 SG Restricted Bird   $3,895,424  
McLaughlinJordan McLaughlin 24 PG Restricted Non-Bird   $1,549,812  
MartinKelan Martin 25 SF Restricted Non-Bird   $1,544,548  
Incomplete Roster Charge
(1 spots)
          $898,310  


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 ($138,928,000) 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 ($138,928,000), 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 Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,258,000
($9,258,000)
Bi-Annual Exception $3,623,000
($3,623,000)
Trade Exception $879,813
($879,813)
Gorgui Dieng trade with MEM 02/06/2021


2020-21 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
2020 NBA Luxury Tax Threshold $132,627,000
Total Taxable Salaries $96,191,318
Luxury Tax Space $36,435,682


2020-21 Minnesota Timberwolves Salary Cap Totals

The Timberwolves are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type Total
Active Roster Cap $95,505,978
Dead Money $685,340
Cap Holds $54,201,543
Total Salaries $150,392,861
2020 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-41,252,861
Cap Type Cap Total
Active Roster Cap $95,505,978
Dead Money $685,340
Cap Holds $54,201,543
Total Cap Allocations $150,392,861
2020 NBA Salary Cap Max $109,140,000
Cap Max Space $-41,252,861
Practical Cap Space $14,055,265



Deadlines

Deadline Date Player Type Value
2021-22
07/20/2021 Naz Reid Guaranteed $1,782,621
10/31/2021 Jarrett Culver 2022-23 Club Option $8,109,063
01/10/2022 Jaylen Nowell Guaranteed $1,782,621
06/29/2022 Omari Spellman 2022-23 Qualifying Offer $5,383,268
06/29/2022 Naz Reid 2022-23 Club Option $1,930,681
06/29/2022 Jaylen Nowell 2022-23 Club Option $1,930,681
06/29/2022 Jacob Evans 2022-23 Qualifying Offer $5,425,481
06/29/2022 Josh Okogie 2022-23 Qualifying Offer $6,123,128
2022-23
06/29/2023 Jarrett Culver 2023-24 Qualifying Offer $10,817,490