Minnesota Timberwolves 2025-26 Financial Summary

A current summary of Minnesota Timberwolves 2025-26 player cap & cash figures.

SEASON
TEAM
 
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RELATED:
Updated 2026 Cap Space and Spending Power Projections
RELATED:
Pistons Acquire Kevin Huerter In Three-Team Trade that Sends Jaden Ivey, Mike Conley To Bulls
Total Cap

$228,841,297 / 3rd

Cap Space

$-74,194,297 / 28th

Projected Cash Payroll

$203,414,011 / 5th

Cash Total

$203,414,011 / 5th

2025-26 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
Edwards Anthony Edwards SG 24 $45,550,512 29.45% $45,550,512 $45,550,512 $45,550,512 $45,550,512 2029
2
Gobert Rudy Gobert C 33 $35,000,000 22.63% $35,000,000 $34,899,425 $35,000,000 $35,000,000 2028
3
Randle Julius Randle PF 31 $30,864,198 19.96% $30,864,198 $30,864,198 $30,864,198 $30,864,198 2028
4
McDaniels Jaden McDaniels PF 25 $24,393,103 15.77% $25,324,139 $24,393,103 $24,393,103 $24,393,103 2029
5
Reid Naz Reid C 26 $21,551,724 13.94% $21,551,724 $21,551,724 $21,551,724 $21,551,724 2030
6
DiVincenzo Donte DiVincenzo SG 29 $11,990,000 7.75% $12,740,000 $11,990,000 $11,990,000 $11,990,000 2027
7
Dosunmu Ayo Dosunmu PG 26 $7,518,518 4.86% $7,518,518 $7,518,518 $2,851,852 $7,518,518 2026
8
Beringer Joan Beringer C 19 $4,201,080 2.72% $4,201,080 $4,201,080 $4,201,080 $4,201,080 2029
9
Shannon Jr. Terrence Shannon Jr. SG 25 $2,674,080 1.73% $2,674,080 $2,674,080 $2,674,080 $2,674,080 2028
10
Ingles Joe Ingles SF 38 $2,296,274 1.48% $2,296,274 $2,296,274 $3,634,153 $3,634,153 2026
11
Hyland Nah'Shon Hyland PG 25 $2,296,274 1.48% $2,296,274 $2,296,274 $2,461,463 $425,000 2026
12
Phillips Julian Phillips SF 22 $2,221,677 1.44% $2,221,677 $2,221,677 $842,705 $2,221,677 2027
13
Clark Jaylen Clark SG 24 $2,191,897 1.42% $2,191,897 $2,191,897 $2,191,897 $2,191,897 2026
14
Conley Mike Conley PG 38 $725,834 0.47% $725,834 $725,834 $1,148,727 $1,148,727 2026
15
Anderson Kyle Anderson PF 32 $567,470 0.37% $567,470 $567,470 $898,095 $898,095 2026

2025-26 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 37 $27,909,834 18.05% Bird
2
Brooks Aaron Brooks PG 41 $2,296,274 1.48% Non-Bird
3
Monroe Greg Monroe C 35 $2,296,274 1.48% Non-Bird
4
Rivers Austin Rivers SG 33 $2,296,274 1.48% Non-Bird

2025 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
End-of-Season $14,104,000 $14,104,000
Bi-Annual
End-of-Season $5,134,000 $5,134,000
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

2025 Cap Totals

Cap Maximum Summary
Cap Maximum $154,647,000
Active Roster $194,042,641 6th
Cap Hold $34,798,656 2nd
Total Allocations $228,841,297 3rd
Space $-74,194,297 28th
1st Apron Summary
1st Apron Maximum $195,945,000
Total Allocations $195,723,677 -
Space $221,323 -
2nd Apron Summary
2nd Apron Maximum $207,824,000
Total Allocations $195,723,677 -
Space $12,100,323 -

2025 Tax Totals

Tax Summary
Tax Threshold $187,895,000
Total Allocations $193,942,066 6th
Space $-6,047,066 25th
Ext. Luxury Tax Bill $6,137,583 -

2025 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

2025 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)

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