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2w ago

Timberwolves Outline Offseason Plan to Retain Key Players While Managing Tax Burden

New leadership under Alex Rodriguez alongside Marc Lore sees the front office eyeing the draft with free agency opportunities to build around Anthony Edwards

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Overview

  • Arbitration cleared the sale of the Timberwolves from Glen Taylor, allowing Alex Rodriguez and Marc Lore to become controlling owners.
  • Operating above the NBA’s second luxury-tax apron restricts Minnesota from aggregating salaries in trades or using midlevel exceptions.
  • President Tim Connelly is prioritizing re-signing Julius Randle, Naz Reid and unrestricted free agent Nickeil Alexander-Walker, despite potential tax penalties.
  • The Timberwolves hold the No. 17 and No. 31 picks in the upcoming NBA draft and will target prospects to bolster their roster.
  • Coach Chris Finch and the front office remain committed to surrounding 23-year-old Anthony Edwards with two-way talent and are open to major trades if they improve title chances.