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Minnesota Timberwolves

Minnesota Timberwolves 2021-22 Salary Cap

Timberwolves 2021-22 Salary Cap

An updated look at the Minnesota Timberwolves 2021 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

Pending Transactions!

The following players are currently pending based on a proposed trade or free agent signing. The Minnesota Timberwolves active roster will be updated once the trades/signings become official.

Player (2) From To Age Pos. Incoming Cap Outgoing Cap
RubioRicky Rubio 30 PG $17,800,000
PrinceTaurean Prince 27 PF $13,000,000

Active Roster

Player (12) Age Pos. Cap Figure Signed Using Base Salary
(Likely Incentives)
Dead Cap Cap Figure Cap % Future Gteed Cash
TownsKarl-Anthony Towns 25 C $31,650,600 Bird
Rookie Max Ext (25%)
$31,650,600 ($31,650,600) $31,650,600 18.27 $69,849,600
RussellD'Angelo Russell 25 SG $30,013,500 Sign-and-Trade
Max (25%)
$30,013,500 ($30,013,500) $30,013,500 17.32 $31,377,750
RubioRicky Rubio 30 PG $17,800,000 Cap Space $17,800,000 ($17,800,000) $17,800,000 10.27 -
BeasleyMalik Beasley 24 SG $14,491,964 Bird $14,391,964 ($14,391,964) $14,491,964 8.36 $15,458,035
EdwardsAnthony Edwards 20 SG $10,245,480 Rookie $10,245,480 ($10,245,480) $10,245,480 5.91 -
HernangomezJuan Hernangomez 26 PF $7,012,440 Bird $6,175,440
$837,000
($6,174,603) $7,012,440 4.05 -
CulverJarrett Culver 22 SG $6,395,160 Rookie $6,395,160 ($6,395,160) $6,395,160 3.69 -
OkogieJosh Okogie 23 SF $4,087,904 Rookie $4,087,904 ($4,087,904) $4,087,904 2.36 -
LaymanJake Layman 27 SF $3,940,184 Sign-and-Trade $3,940,184 ($3,940,184) $3,940,184 2.27 -
McDanielsJaden McDaniels 21 PF $2,063,280 Rookie $2,063,280 ($2,063,280) $2,063,280 1.19 -
NowellJaylen Nowell 22 SG $1,782,621 NT-MLE $1,782,621 - $1,782,621 1.03 -
ReidNaz Reid 22 C $1,782,621 NT-MLE $1,782,621 - $1,782,621 1.03 -


2021-22 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) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Qualifying Offer Cap Figure Cap %
TurnerEvan Turner 32 SF Bird   - $27,909,834  
DavisEd Davis 32 C Early Bird   - $6,506,955  
BolmaroLeandro Bolmaro 21 SG 1st Round Rookie Scale   - $2,353,320  
VanderbiltJarred Vanderbilt 22 PF Restricted Bird   $2,079,826 $2,079,826  
BrooksAaron Brooks 36 PG Non-Bird   - $1,669,178  
McLaughlinJordan McLaughlin 25 PG Two-Way   $1,489,065 $1,489,065  


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 ($143,096,000) 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 ($143,096,000), 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 $9,536,000
($9,536,000)
Bi-Annual Exception $3,732,000
($3,732,000)
Trade Exception $4,750,000
($4,750,000)
Ricky Rubio trade with MIN 07/29/2022


2021-22 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
2021 NBA Luxury Tax Threshold $136,606,000
Total Taxable Salaries $133,345,580
Current Luxury Tax Space $3,260,420


2021-22 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 Cap Total
Active Roster Cap $131,265,754
Cap Holds $42,008,178
Total Cap Allocations $173,273,932
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-60,859,932
 

2021-22 Practical Cap Space

Available Practical Cap Space: $-60,859,932 — $-19,490,348

$-60,859,932
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.

$-19,490,348
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
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