Minnesota Timberwolves 2023-24 Cap Table

The Minnesota Timberwolves 2023-24 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

SEASON
TEAM
 
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Total Cap Allocations

$198,497,741 / 4th

Cap Space

$-62,476,741 / 27th

1st Apron Space

$6,317,211

2nd Apron Space

$16,765,211

2023-24 Active Roster Cap

Non-Guaranteed
Player (15 of 15 + 0 of 3 TW) Pos Age Type Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration Guaranteed
Gobert Rudy Gobert C 31 VET-EXT $41,000,000 30.14% $41,000,000 - - - $41,000,000
Towns Karl-Anthony Towns C 28 DRK-EXT $36,016,200 26.48% $36,016,200 - - - $36,016,200
Conley Mike Conley PG 36 FA $24,360,000 17.91% $24,360,000 - $1,500,000 - $24,360,000
Edwards Anthony Edwards SG 22 RK-1ST $13,534,817 9.95% $13,534,817 - - - -
Reid Naz Reid C 24 VET-EXT $12,950,400 9.52% $12,950,400 - - - $12,950,400
Morris Monte Morris PG 28 VET-EXT $9,800,926 7.21% $9,800,926 - - - $9,800,926
Anderson Kyle Anderson PF 30 FA $9,219,512 6.78% $9,219,512 - - - $9,219,512
Alexander-Walker Nickeil Alexander-Walker SG 25 FA $4,687,500 3.45% $4,687,500 - - - $4,687,500
McDaniels Jaden McDaniels PF 23 RK-1ST $3,901,399 2.87% $3,901,399 - - - $3,901,399
Moore Jr. Wendell Moore Jr. SG 22 RK-1ST $2,421,720 1.78% $2,421,720 - - - $2,421,720
McLaughlin Jordan McLaughlin PG 27 FA $2,420,000 1.78% $2,320,000 $100,000 - - $2,320,000
Miller Leonard Miller SF 20 RK-2ND $1,800,000 1.32% $1,800,000 - - - $1,800,000
Minott Josh Minott SF 21 RK $1,719,864 1.26% $1,719,864 - - - $1,719,864
Warren T.J. Warren SF 30 ROS $220,543 0.16% $317,307 - - - $317,307
Garza Luka Garza C 25 ROS $127,683 0.09% $127,683 - - - $127,683

2023-24 Dead Money Cap

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

Player (3) Pos Cap Hit Cap Hit Pct League Cap
Warren T.J. Warren SF $116,075 0.09%
Warren T.J. Warren SF $116,075 0.09%
Jackson Justin Jackson SF $116,075 0.09%

2023-24 Cap Hold Cap

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (4) Pos Age Type Cap Hit Cap Hit Pct League Cap Qualifying Offer        
Turner Evan Turner SF 35 $27,909,834 20.52% - Bird
Brooks Aaron Brooks PG 39 $2,019,706 1.48% - Non-Bird
Monroe Greg Monroe C 33 ROS $2,019,706 1.48% - Non-Bird
Rivers Austin Rivers SG 31 FA $2,019,706 1.48% - Non-Bird

2023 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.

Type Reason Used On Expires Original Available
Non-Taxpayer Mid-Level
Shake Milton
$5,000,000, Troy Brown Jr.
 End-of-Season $12,405,000 $3,405,000
Bi-Annual
End-of-Season $4,516,000 $4,516,000
Trade
Nickeil Alexander-Walker
Ayo Dosunmu, $7,518,518
 7/6/2026 $7,580,900 $62,382
Trade
Mike Conley trade with CHI
 2/3/2027 $10,774,038 $10,774,038
Trade
Rob Dillingham trade with CHI
 2/5/2027 $6,576,120 $6,576,120

2023 Cap Totals

Cap Maximum Summary
Cap Maximum $136,021,000
Active Roster $164,180,564 10th
Dead Money $348,225 23rd
Cap Hold $33,968,952 2nd
Total Allocations $198,497,741 4th
Space $-62,476,741 27th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
 $172,346,000
Total Allocations $166,028,789 -
Space $6,317,211 -
2nd Apron Summary
2nd Apron Maximum $182,794,000
Total Allocations $166,028,789 -
Space $16,765,211 -

2023 Deadlines

Deadline Date Player Type Value
6/29/2026 Jaylen Clark
RFA / QO
2026-27 Qualifying Offer
6/29/2026 Enrique Freeman
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Julian Phillips
CLUB
2026-27 Club Option 		$2,406,205
7/8/2026 Anthony Edwards
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/23/2026 Jaden McDaniels
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/24/2026 Rudy Gobert
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/31/2026 Joan Beringer
CLUB
2027-28 Club Option 		$4,621,200
10/31/2026 Terrence Shannon Jr.
CLUB
2027-28 Club Option 		$5,054,159
6/29/2027 Zyon Pullin
RFA / QO
2027-28 Qualifying Offer — Two-Way
6/29/2027 Rocco Zikarsky
RFA / QO
2027-28 Qualifying Offer — Two-Way 		$2,301,485
6/29/2027 Julius Randle
PLAYER
2027-28 Player Option 		$35,802,468
6/29/2027 Rudy Gobert
PLAYER
2027-28 Player Option 		$38,000,000
7/1/2027 Terrence Shannon Jr.
EXTENSION ELIGIBLE
2027-28 Extension Eligible
10/31/2027 Joan Beringer
CLUB
2028-29 Club Option 		$7,098,163
6/29/2028 Terrence Shannon Jr.
RFA / QO
2028-29 Qualifying Offer 		$8,000,734
7/1/2028 Joan Beringer
EXTENSION ELIGIBLE
2028-29 Extension Eligible
6/29/2029 Joan Beringer
RFA / QO
2029-30 Qualifying Offer 		$10,732,423
6/29/2029 Naz Reid
PLAYER
2029-30 Player Option 		$28,448,276

Unsigned Draft Picks

Draft Year Player Pos Age Country College
2022 Matteo Spagnolo PG 23 Italy
2010 Paulao Prestes C 38 Brazil
2009 Henk Norel C 38 Netherlands

Future Draft Picks

2026
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DET
DET can swap for MIN

2027
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
UTA
Two most favorable of CLE, MIN and UTA then other to PHX

2028
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
MIN

2029
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
MIN
If 1-5
UTA
If 6-30 then two most favorable of CLE, MIN 6-30 and UTA then other to PHX

2030
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
MIN
Least favorable of MIN 2-30, DAL and SAS (via SAN swap for DAL; via SAN swap of SAN or DAL for MIN)

2031
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
SAC
(via SAS)

2032
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
MIN
FROZEN PICK

2026
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
MIN
Least favorable of IND, MIA and SAS to MIN
NYK
Less favorable of MIN and NYK to NYK then other to DET

2027
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
POR
(via HOU to OKC to NYK)

2028
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
SAS

2029
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
MIN    UTA
MIN pick if MIN conveys 1st to UTA in 2029; UTA pick if MIN does not convey 1st to UTA in 2029

2030
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
MEM
31-50
MIN
51-60
DET

2031
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHI
Most favorable of GSW and MIN then other to DET (via MIN swap for GSW (via MIN))

2032
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
MIN

TRANSACTIONS

Mar 01, 2026
Kyle Anderson, PF

Signed a Rest-of-Season contract with Minnesota (MIN)

Mar 01, 2026
Zyon Pullin, PG

Signed a 2 year Two-Way contract with Minnesota (MIN)

Feb 28, 2026
Jules Bernard, SG

Waived by Minnesota (MIN)

Feb 25, 2026
Jules Bernard, SG

Signed a Two-Way contract with Minnesota (MIN)

Feb 18, 2026
Johnny Juzang, SG

Waived by Minnesota (MIN)

View More Transactions

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