Minnesota Timberwolves 2024-25 Financial Summary

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

SEASON
TEAM
 
Filtering...
RELATED:
Pistons Acquire Kevin Huerter In Three-Team Trade that Sends Jaden Ivey, Mike Conley To Bulls
Total Cap

$236,725,861 / 2nd

Cap Space

$-96,137,861 / 29th

Projected Cash Payroll

$198,257,402 / 4th

Cash Total

$198,257,402 / 4th

2024-25 Active Roster

Non-Guaranteed
  Player (15) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Gobert Rudy Gobert C 32 $43,827,586 31.17% $43,827,586 $43,827,586 $43,827,586 $43,827,586 2028
2
 Edwards Anthony Edwards SG 23 $42,176,400 30.00% $42,176,400 $42,055,204 $42,176,400 $42,176,400 2029
3
 Randle Julius Randle PF 30 $33,073,920 23.53% $34,452,000 $33,073,920 $27,561,600 $27,561,600 2028
4
 McDaniels Jaden McDaniels PF 24 $22,586,207 16.07% $23,448,277 $22,586,207 $22,586,207 $22,586,207 2029
5
 Reid Naz Reid C 25 $13,986,432 9.95% $13,986,432 $13,946,241 $13,986,432 $13,986,432 2030
6
 DiVincenzo Donte DiVincenzo SG 28 $11,445,000 8.14% $12,195,000 $11,412,112 $11,445,000 $11,445,000 2027
7
 Conley Mike Conley PG 37 $9,975,962 7.10% $9,975,962 $9,975,962 $9,975,962 $9,975,962 2026
8
 Dillingham Rob Dillingham PG 20 $6,262,920 4.45% $6,262,920 $6,262,920 $6,262,920 $6,262,920 2028
9
 Alexander-Walker Nickeil Alexander-Walker SG 26 $4,312,500 3.07% $4,312,500 $4,312,500 $4,312,500 $4,312,500 2029
10
 Shannon Jr. Terrence Shannon Jr. SG 24 $2,546,640 1.81% $2,546,640 $2,546,640 $2,546,640 $2,546,640 2028
11
 Garza Luka Garza C 26 $2,162,606 1.54% $2,162,606 $2,162,606 $2,162,606 $2,162,606 2027
12
 Ingles Joe Ingles SF 37 $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2026
13
 Minott Josh Minott SF 22 $2,019,699 1.44% $2,019,699 $2,019,699 $2,019,699 $2,019,699 2027
14
 Miller Leonard Miller SF 21 $1,891,857 1.35% $1,891,857 $1,891,857 $1,891,857 $1,891,857 2027
15
 Clark Jaylen Clark SG 23 $492,323 0.35% $492,323 $492,323 $492,323 $492,323 2026

2024-25 Dead Money

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

  Player (2) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Bates-Diop Keita Bates-Diop SF 29 $2,654,644 1.89% $2,654,644 $2,654,644 $2,654,644 -
2
 Dozier P.J. Dozier PG 28 $1,051,255 0.75% $1,051,255 $1,051,255 $1,051,255 -

2024-25 Cap Hold

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

  Player (4) Pos Age Cap Hit Cap Hit Pct League Cap          
1
 Turner Evan Turner SF 36 $27,909,834 19.85% Bird
2
 Brooks Aaron Brooks PG 40 $2,087,519 1.48% Non-Bird
3
 Monroe Greg Monroe C 34 $2,087,519 1.48% Non-Bird
4
 Rivers Austin Rivers SG 32 $2,087,519 1.48% Non-Bird

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
trade-via-sign-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

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $198,847,571 2nd
Dead Money $3,705,899 16th
Cap Hold $34,172,391 2nd
Total Allocations $236,725,861 2nd
Space $-96,137,861 29th
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $205,543,620 -
Space $-27,411,620 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $205,543,620 -
Space $-16,612,620 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $202,359,195 2nd
Space $-31,545,195 29th
Ext. Luxury Tax Bill $90,407,676 -

2024 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

2024 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

RECENT NEWS

News image
Western Conference Trade Deadline Fallout

The NBA Trade Deadline has passed. Keith Smith breaks down the fallout for what they did, why they did it and what work is left to do for each team of the Western Conference.
Top