Tim Connelly to Remain Timberwolves President for 2024-25 Season

Restructured contract delays opt-out clause amid ongoing ownership dispute and financial challenges.

Tim Connelly's restructured contract keeps him in charge for another year.
Connelly's opt-out clause has been moved to the end of the 2024-25 season.
The Timberwolves face an unresolved ownership dispute between Glen Taylor and prospective owners Marc Lore and Alex Rodriguez.
Despite financial challenges, Connelly aims to strengthen the roster for a deeper playoff run.
Connelly's family has settled in Minnesota, indicating a possible long-term stay if ownership issues are resolved.