Player (11)	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	20.39	30.60	$131,482,760 ($131,482,760)	Acquired via Trade
Towns Karl-Anthony Towns	C	$36,016,200	$36,016,200	-	-	-	$36,016,200	17.91	26.88	$260,240,200 ($260,240,200)	Rk Extension / Bird
Conley Mike Conley	PG	$24,360,000	$24,360,000	-	$1,500,000	-	$24,360,000	12.11	18.18	$24,360,000 ($14,320,000)	Acquired via Trade G'teed: $14,320,000
Edwards Anthony Edwards	SG	$13,534,817	$13,534,817	-	-	-	$13,534,817	6.73	10.10	$13,534,817 ($0)	Drafted / Rookie Scale G'teed: $0
Anderson Kyle Anderson	PF	$9,219,512	$9,219,512	-	-	-	$9,219,512	4.58	6.88	$9,219,512 ($9,219,512)	Free Agent / NT-MLE
Prince Taurean Prince	PF	$7,455,000	$7,455,000	-	$975,000	-	$7,455,000	3.71	5.56	$7,455,000 ($0)	Vet Extension / Bird G'teed: $0
McDaniels Jaden McDaniels	PF	$3,901,399	$3,901,399	-	-	-	$3,901,399	1.94	2.91	$3,901,399 ($3,901,399)	Drafted / Rookie Scale
Moore Jr. Wendell Moore Jr.	SG	$2,421,720	$2,421,720	-	-	-	$2,421,720	1.20	1.81	$9,533,043 ($2,421,720)	Drafted / Rookie Scale
McLaughlin Jordan McLaughlin	PG	$2,320,000	$2,320,000	-	$100,000	-	$2,320,000	1.15	1.73	$2,320,000 ($0)	Free Agent / Early Bird G'teed: $0
Knight Nathan Knight	PF	$1,997,238	$1,997,238	-	-	-	$1,997,238	0.99	1.49	$1,997,238 ($0)	Free Agent / Minimum G'teed: $0
Minott Josh Minott	SF	$1,719,864	$1,719,864	-	-	-	$1,719,864	0.86	1.28	$5,927,014 ($1,719,864)	Drafted / NT-MLE

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 (9)	Pos.	Qualifying Offer	Likely Incent.	Unlikely Incent.	Trade Kicker	Cap Figure	Rights
TurnerEvan Turner	SF	-				$27,909,834	Bird
Alexander-WalkerNickeil Alexander-Walker	SG	$7,073,602				$15,028,899	Restricted Bird
BrooksAaron Brooks	PG	-				$1,989,698	Non-Bird
MonroeGreg Monroe	C	-				$1,989,698	Non-Bird
RiversAustin Rivers	SG	-				$1,989,698	Non-Bird
NowellJaylen Nowell	SG	-				$1,805,205	Bird
ReidNaz Reid	C	-				$1,805,205	Bird
GarzaLuka Garza	C	$1,774,999				$1,774,999	Two-Way
RyanMatt Ryan	SF	$1,774,999				$1,774,999	Two-Way
Incomplete Roster Charge	1 spots	1 spots				$1,102,929
Round 2, Pick #53						-

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 ($169,000,000) 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 ($169,000,000), 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		$12,221,000	$12,221,000
Bi-Annual		$4,448,000	$4,448,000
Trade 7/06/2023	Jarred Vadnerbilt trade with UTH	$4,374,000	$4,374,000
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		$162,000,000
Total Taxable Salaries		$143,945,750
Current Luxury Tax Space		$18,054,250

2023-24 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	$143,945,750
Cap Holds	$57,171,164
Total Salaries	$201,116,914
2023 NBA Salary Cap Max	$134,000,000
Actual Cap Max Space	$-67,116,914

Cap Type	Cap Total
Active Roster Cap	$143,945,750
Cap Holds	$57,171,164
Total Cap Allocations	$201,116,914
Salary Cap Maximum
2023 NBA Salary Cap Max	$134,000,000
Current Cap Space	$-67,116,914
"Super Tax" Apron
2023 NBA Super-Tax Apron	$179,500,000
Super-Tax Apron Space	$32,979,250

 

2023-24 Practical Cap Space

Available Practical Cap Space:

$-44,201,747 — $6,351,843

$-44,201,747

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.

$6,351,843

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
6/24/2023	Mike Conley	2024-25 Guaranteed — 48 hours after the 2023 NBA Draft	$24,360,000
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	Luka Garza	2023-24 Qualifying Offer — Two-Way	$1,774,999
6/29/2023	Matt Ryan	2023-24 Qualifying Offer — Two-Way	$1,774,999
6/30/2023	Nickeil Alexander-Walker	2023-24 Qualifying Offer	$7,073,602
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

Unsigned Draft Picks

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

Future Draft Picks

• Round 1
• Round 2