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Minnesota Timberwolves

Minnesota Timberwolves 2020 Salary Cap

Timberwolves 2020 Salary Cap

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

Timberwolves – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (14) Age Pos. Cap Figure Signed Using Base Salary
(Likely Incentives)
Dead Cap Cap Figure Cap % Future Gteed Cash
TownsKarl-Anthony Towns 24 C $29,467,800 Bird
Rookie Max Ext (25%)
$29,467,800 ($29,467,800) $29,467,800 22.73 $101,500,200
RussellD'Angelo Russell 24 SG $28,649,250 Sign-and-Trade
Max (25%)
$28,649,250 ($28,649,250) $28,649,250 22.09 $61,391,250
RubioRicky Rubio 29 PG $17,000,000 Cap Space $17,000,000 ($17,000,000) $17,000,000 13.11 $17,800,000
BeasleyMalik Beasley
Hamstring
23 SG $13,425,895 Bird $13,325,895 ($13,325,895) $13,425,895 10.35 $29,849,999
EdwardsAnthony Edwards 19 SG $9,757,440 Rookie $9,757,440 ($9,757,440) $9,757,440 7.53 $10,245,480
HernangomezJuan Hernangomez 25 PF $6,493,000 Bird $5,718,000
$775,000
($5,718,000) $6,493,000 5.01 $6,174,603
CulverJarrett Culver 21 SG $6,104,280 Rookie $6,104,280 ($6,104,280) $6,104,280 4.71 $6,395,160
DavisEd Davis 31 C $5,005,350 Room $5,005,350 ($5,005,350) $5,005,350 3.86 -
LaymanJake Layman 26 SF $3,761,085 Sign-and-Trade $3,761,085 ($3,761,085) $3,761,085 2.90 $3,940,184
OkogieJosh Okogie 22 SF $2,651,040 Rookie $2,651,040 ($2,651,040) $2,651,040 2.04 $4,087,904
McDanielsJaden McDaniels 20 PF $1,964,760 Rookie $1,964,760 ($1,964,760) $1,964,760 1.52 $2,063,280
VanderbiltJarred Vanderbilt 21 PF $1,663,861 Cap Space $1,663,861 ($1,663,861) $1,663,861 1.28 -
NowellJaylen Nowell
Leg
21 SG $1,517,981 NT-MLE $1,517,981 ($1,517,981) $1,517,981 1.17 -
ReidNaz Reid 21 C $1,517,981 NT-MLE $1,517,981 ($1,517,981) $1,517,981 1.17 -


2020-21 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 (1) Age Pos.
McLaughlinJordan McLaughlin 24 PG          


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 0.53


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 (2) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
TurnerEvan Turner 31 SF Bird   $27,909,836  
BrooksAaron Brooks 35 PG   $1,620,564  


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)


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 $129,024,393
Luxury Tax Space $3,602,607


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 $128,979,723
Dead Money $685,340
Cap Holds $42,411,400
Total Salaries $129,665,063
2020 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-20,525,063
Cap Type Cap Total
Active Roster Cap $128,979,723
Dead Money $685,340
Cap Holds $42,411,400
Total Cap Allocations $129,665,063
2020 NBA Salary Cap Max $109,140,000
Cap Max Space $-20,525,063



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
10/31/2021 Anthony Edwards 2022-23 Club Option $10,733,400
10/31/2021 Jaden McDaniels 2022-23 Club Option $2,161,440
01/10/2022 Jaylen Nowell Guaranteed $1,782,621
06/29/2022 Naz Reid 2022-23 Club Option $1,930,681
06/29/2022 Jaylen Nowell 2022-23 Club Option
06/30/2022 Juan Hernangomez 2022-23 Guaranteed $7,531,880
06/30/2022 Josh Okogie 2022-23 Qualifying Offer $5,857,966
2022-23
10/31/2022 Anthony Edwards 2023-24 Club Option $13,534,817
10/31/2022 Jaden McDaniels 2023-24 Club Option $3,901,399
01/10/2023 Jaylen Nowell Guaranteed $1,930,681
06/29/2023 Jarrett Culver 2023-24 Qualifying Offer $10,817,490
06/29/2023 Malik Beasley 2023-24 Club Option $16,524,106
2023-24
06/29/2024 Anthony Edwards 2024-25 Qualifying Offer $17,595,263
06/29/2024 Jaden McDaniels 2024-25 Qualifying Offer $5,813,085