Minnesota Timberwolves 2026-27 Financial Summary

A current summary of Minnesota Timberwolves 2026-27 player cap & cash figures.

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

$258,951,829 / 6th

Cap Space

$-92,951,829 / 25th

Projected Cash Payroll

$190,387,865 / 10th

Cash Total

$190,387,865 / 10th

2026-27 Active Roster

Non-Guaranteed
Club Option
  Player (9) 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 25 $48,924,624 29.47% $48,924,624 $48,924,624 $48,924,624 $48,924,624 2029
2
Gobert Rudy Gobert C 34 $36,500,000 21.99% $36,500,000 $36,500,000 $36,500,000 $36,500,000 2028
3
Randle Julius Randle PF 32 $33,333,334 20.08% $33,333,334 $33,333,334 $33,333,334 $33,333,334 2028
4
McDaniels Jaden McDaniels PF 26 $26,200,000 15.78% $27,200,000 $26,200,000 $26,200,000 $26,200,000 2029
5
Reid Naz Reid C 27 $23,275,862 14.02% $23,275,862 $23,275,862 $23,275,862 $23,275,862 2030
6
DiVincenzo Donte DiVincenzo SG 30 $12,535,000 7.55% $13,285,000 $12,535,000 $12,535,000 $12,535,000 2027
7
Beringer Joan Beringer C 20 $4,411,200 2.66% $4,411,200 $4,411,200 $4,411,200 $4,411,200 2029
8
Shannon Jr. Terrence Shannon Jr. SG 26 $2,801,640 1.69% $2,801,640 $2,801,640 $2,801,640 $2,801,640 2028
9
Phillips Julian Phillips SF 23 $2,406,205 1.45% $2,406,205 $2,406,205 $2,406,205 $2,406,205 2027

2026-27 Cap Hold

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

  Player (11) Pos Age Cap Hit Cap Hit Pct League Cap          
1
Turner Evan Turner SF 38 $27,909,834 16.81% Bird
2
Dosunmu Ayo Dosunmu PG 27 $14,285,184 8.61% Bird
3
Clark Jaylen Clark SG 25 $2,959,061 1.78% Restricted Bird
4
Brooks Aaron Brooks PG 42 $2,450,000 1.48% Non-Bird
5
Conley Mike Conley PG 39 $2,450,000 1.48% Non-Bird
6
Monroe Greg Monroe C 36 $2,450,000 1.48% Non-Bird
7
Rivers Austin Rivers SG 34 $2,450,000 1.48% Non-Bird
8
Anderson Kyle Anderson PF 33 $2,450,000 1.48% Non-Bird
9
Ingles Joe Ingles SF 39 $2,450,000 1.48% Early Bird
10
Hyland Nah'Shon Hyland PG 26 $2,450,000 1.48% Early Bird
11
Freeman Enrique Freeman PF 26 $2,185,633 1.32% Two-Way
Incomplete Roster Charge   $4,074,252            

2026 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

2026 Cap Totals

Cap Maximum Summary
Cap Maximum $166,000,000
Active Roster $190,387,865 10th
Cap Hold $68,563,964 10th
Total Allocations $258,951,829 6th
Space $-92,951,829 25th
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.
$149,702,992 -
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.
$-27,413,996 -
1st Apron Summary
1st Apron Maximum $210,330,000
Total Allocations $192,137,865 -
Space $18,192,135 -
2nd Apron Summary
2nd Apron Maximum $223,081,000
Total Allocations $192,137,865 -
Space $30,943,135 -

2026 Tax Totals

Tax Summary
Tax Threshold $201,690,000
Total Allocations $190,387,865 10th
Space $11,302,135 21st
Ext. Luxury Tax Bill $0 -

2026 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

2026 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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