Minnesota Timberwolves 2024-25 Financial Summary

A current summary of Minnesota Timberwolves 2024-25 player cap & cash figures.

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Total Cap Allocations

$273,554,473 / 1st

Cap Space

$-132,554,473 / 30th

Tax Space

$-21,903,319

Cash Total

$193,218,319 / 2nd

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (11) Pos Age Cap Hit Cap Hit Pct League Cap Luxury Tax Cash Total Free Agent Year
Towns
1
Karl-Anthony Towns
C 29 $49,350,000 35.00% $49,350,000 $49,350,000 2028
Gobert
2
Rudy Gobert
C 32 $43,827,587 31.08% $43,827,587 $43,827,587 2026
Edwards
3
Anthony Edwards
SG 23 $42,300,000 30.00% $42,300,000 $42,300,000 2029
McDaniels
4
Jaden McDaniels
PF 24 $23,017,242 16.32% $23,017,242 $23,017,242 2029
Reid
5
Naz Reid
C 25 $13,986,432 9.92% $13,986,432 $13,986,432 2026
Conley
6
Mike Conley
PG 37 $9,975,962 7.08% $9,975,962 $9,975,962 2026
Alexander-Walker
7
Nickeil Alexander-Walker
SG 26 $4,312,500 3.06% $4,312,500 $4,312,500 2025
Moore Jr.
8
Wendell Moore Jr.
SG 23 $2,537,040 1.80% $2,537,040 $2,537,040 2026
Minott
9
Josh Minott
SF 22 $2,019,699 1.43% $2,019,699 $2,019,699 2026
Miller
10
Leonard Miller
SF 21 $1,891,857 1.34% $1,891,857 $1,891,857 2027
Clark
11
Jaylen Clark
SG 23 Two-Way - - - 2025

2024-25 Cap Hold

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

Player (10) Pos Age Cap Hit Cap Hit Pct League Cap Free Agent Year
Turner
1
Evan Turner
SF 36 $27,909,834 19.79% - - Bird
Morris
2
Monte Morris
PG 29 $18,621,759 13.21% - - Bird
Anderson
3
Kyle Anderson
PF 31 $11,985,366 8.50% - - Early Bird
McLaughlin
4
Jordan McLaughlin
PG 28 $4,408,000 3.13% - - Bird
Garza
5
Luka Garza
C 26 $2,293,637 1.63% - - Restricted Early Bird
Brooks
6
Aaron Brooks
PG 40 $2,093,637 1.48% - - Non-Bird
Monroe
7
Greg Monroe
C 34 $2,093,637 1.48% - - Non-Bird
Rivers
8
Austin Rivers
SG 32 $2,093,637 1.48% - - Non-Bird
Warren
9
T.J. Warren
SF 31 $2,093,637 1.48% - - Non-Bird
Nix
10
Daishen Nix
PG 22 $1,867,722 1.32% - - Two-Way
Incomplete Roster Charge   $2,321,088        
Round 1, Pick #27   $2,554,200        
Round 2, Pick #37   -        

2024 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
Taxpayer Mid-Level
End-of-Season $5,184,000 $5,184,000
Trade
D'Angelo Russell trade with LAL
2/9/2024 $3,688,117 $3,688,117
Trade
Troy Brown Jr. trade with DET
2/10/2025 $4,000,000 $4,000,000

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $141,000,000
Active Roster $193,218,319 2nd
Cap Hold $80,336,154 4th
Total Allocations $273,554,473 1st
Space $-132,554,473 30th
Practical Cap Space Summary
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.
$-125,846,111 -
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.
$-56,234,452 -
1st Apron Summary
1st Apron Maximum $178,655,000
Total Allocations $195,970,442 -
Space $-17,315,442 -
2nd Apron Summary
2nd Apron Maximum $189,486,000
Total Allocations $195,970,442 -
Space $-6,484,442 -

2024 Tax Totals

Tax Summary
Tax Threshold $171,315,000
Total Allocations $193,218,319 2nd
Space $-21,903,319 29th
Ext. Luxury Tax Bill $51,039,306 -

2024 Deadlines

Deadline Date Player Type Value
6/28/2024 Josh Minott
GUARANTEED
2024-25 Guaranteed
$2,019,699
6/29/2024 Daishen Nix
RFA / QO
2024-25 Qualifying Offer — Two-Way
$1,867,722
6/29/2024 Luka Garza
RFA / QO
2024-25 Qualifying Offer
$2,293,637
6/30/2024 Troy Brown Jr.
GUARANTEED
2024-25 Guaranteed
$4,000,000
7/6/2024 Rudy Gobert
EXTENSION ELIGIBLE
2024-25 Extension Eligible
7/22/2024 Josh Minott
EXTENSION ELIGIBLE
2024-25 Extension Eligible
10/31/2024 Wendell Moore Jr.
CLUB
2025-26 Club Option
$4,574,283
6/29/2025 Jaylen Clark
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,180,149
6/29/2025 Josh Minott
CLUB
2025-26 Club Option
$2,187,451
6/29/2025 Rudy Gobert
PLAYER
2025-26 Player Option
$46,655,173
6/30/2025 Leonard Miller
GUARANTEED
2025-26 Guaranteed
$2,221,677
6/30/2025 Naz Reid
PLAYER
2025-26 Player Option
$15,022,464
6/29/2026 Leonard Miller
CLUB
2026-27 Club Option — non-guaranteed
6/29/2026 Wendell Moore Jr.
RFA / QO
2026-27 Qualifying Offer
$6,751,642
6/30/2026 Leonard Miller
GUARANTEED
2026-27 Guaranteed
$2,406,205
6/29/2027 Karl-Anthony Towns
PLAYER
2027-28 Player Option
$62,062,000

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2022 Matteo Spagnolo PG 21 Italy
2010 Paulao Prestes C 36 Brazil
2009 Henk Norel C 36 Netherlands

Future Draft Picks

2025

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

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
MIN    UTA
less favorable of MIN and UTA 1-8

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

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
Top-5 Protected
UTA
6-30

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

2025

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
ATL
via HOU
MIN

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
OKC
via HOU

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
DET

TRANSACTIONS

May 14, 2024
Rudy Gobert

Fined $75,000 for making an inappropriate and unprofessional gesture that questions the integrity of the league and its game officials during MIN-DEN game (playoff)

Apr 04, 2024
Luka Garza

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

Mar 27, 2024
T.J. Warren

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

Mar 16, 2024
T.J. Warren

Signed a 10-day contract with Minnesota (MIN)

Mar 10, 2024
Rudy Gobert

Fined $100,000 for his actions towards and comments towards officials during and following the MIN-CLE game

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