Jun 30, 1995

• Tom Gugliotta exercised an Early Termination Option in order to void the remaining seasons on his current contract.
  

Jun 28, 1995 - The 1995 NBA Draft took place in Toronto.

• The Minnesota Timberwolves selected Jerome Allen in Round 2 with Pick 20 in the 1995 NBA Draft.
  
• The Minnesota Timberwolves selected Mark Davis in Round 2 with Pick 19 in the 1995 NBA Draft.
  
• The Minnesota Timberwolves selected Kevin Garnett in Round 1 with Pick 5 in the 1995 NBA Draft.
  

Mar 8, 1995

• Darrick Martin, previously with the Minnesota Timberwolves, became a free agent.
  

Mar 7, 1995

• Darrick Martin signed a contract with the Minnesota Timberwolves.
  

Mar 1, 1995

• Charles Shackleford, previously with the Minnesota Timberwolves, became a free agent.
  

Feb 27, 1995

• The Minnesota Timberwolves placed the contract of Charles Shackleford on waivers.
  

Feb 26, 1995

• Darrick Martin signed a contract with the Minnesota Timberwolves.
  

Feb 24, 1995

• Darrick Martin, previously with the Minnesota Timberwolves, became a free agent.
  

Feb 18, 1995

• The Minnesota Timberwolves sent Donyell Marshall in a trade to the Golden State Warriors.
  
• Tom Gugliotta was acquired in a trade by the Minnesota Timberwolves from the Golden State Warriors.
  

Feb 15, 1995

• Howard Eisley, previously with the Minnesota Timberwolves, became a free agent.
  

Feb 14, 1995

• Darrick Martin signed a contract with the Minnesota Timberwolves.
  

Feb 13, 1995

• The Minnesota Timberwolves placed the contract of Howard Eisley on waivers.
  

Dec 16, 1994

• Greg Foster signed a contract with the Minnesota Timberwolves.
  

Nov 28, 1994

• Askia Jones, previously with the Minnesota Timberwolves, became a free agent.
  

Nov 24, 1994

• The Minnesota Timberwolves placed the contract of Askia Jones on waivers.
  
• Pat Durham signed a contract with the Minnesota Timberwolves.
  

Nov 11, 1994

• Winston Garland signed a contract with the Minnesota Timberwolves.
  

Nov 4, 1994

• Marlon Maxey, previously with the Minnesota Timberwolves, became a free agent.
  

Nov 3, 1994

• Randy Carter, previously with the Minnesota Timberwolves, became a free agent.
  
• Pat Durham, previously with the Minnesota Timberwolves, became a free agent.
  
• Dave Jamerson, previously with the Minnesota Timberwolves, became a free agent.
  

Nov 2, 1994

• The Minnesota Timberwolves placed the contract of Marlon Maxey on waivers.
  

Nov 1, 1994

• The Minnesota Timberwolves placed the contract of Randy Carter on waivers.
  
• The Minnesota Timberwolves placed the contract of Pat Durham on waivers.
  
• The Minnesota Timberwolves placed the contract of Dave Jamerson on waivers.
  
• Sean Rooks was acquired in a trade by the Minnesota Timberwolves from the Dallas Mavericks.
  

Oct 5, 1994

• Howard Eisley signed a contract with the Minnesota Timberwolves.
  

Oct 3, 1994

• Pat Durham signed a contract with the Minnesota Timberwolves.
  
• Dave Jamerson signed a contract with the Minnesota Timberwolves.
  

Sep 29, 1994

• Charles Shackleford signed a contract with the Minnesota Timberwolves.
  

Sep 26, 1994

• Donyell Marshall signed a multi-year contract with the Minnesota Timberwolves.
  

Sep 19, 1994

• Andres Guibert signed a contract with the Minnesota Timberwolves.
  
• Askia Jones signed a contract with the Minnesota Timberwolves.
  

Sep 15, 1994

• Randy Carter signed a contract with the Minnesota Timberwolves.
  

Aug 25, 1994

• Melvin Robinson signed a contract with the Minnesota Timberwolves.
  

Jul 1, 1994

• Thurl Bailey, previously with the Minnesota Timberwolves, became a free agent.
  
• Brian Davis, previously with the Minnesota Timberwolves, became a free agent.
  
• Tellis Frank, previously with the Minnesota Timberwolves, became a free agent.
  
• Andres Guibert, previously with the Minnesota Timberwolves, became a free agent.
  
• Stanley Jackson, previously with the Minnesota Timberwolves, became a free agent.
  
• Chuck Person, previously with the Minnesota Timberwolves, became a free agent.
  
• Brad Sellers, previously with the Minnesota Timberwolves, became a free agent.