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Board Of Governors Approves Marc Lore, Alex Rodriguez As Owners Of Wolves

Jul 20, 2021 1:30 PM

The NBA's Board of Governors have approved Marc Lore and Alex Rodriguez as limited partners of the Minnesota Timberwolves.

Love and Rodriguez entered into a deal to purchase the Wolves from Glen Taylor earlier this year. Lore and Rodriguez will assume control of the franchise in two-and-a-half years.

Adrian Wojnarowski/ESPN

Tags: Minnesota Timberwolves, NBA

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Cavs, Pacers, Wolves, Kings, Raptors Interested In Trading For Ben Simmons

Jul 13, 2021 12:53 PM

The Philadelphia 76ers have opened up trade talks involving Ben Simmons and a number of teams are said to have expressed interest. 

According to Marc Stein of Substack, the Cleveland Cavaliers, Indiana Pacers, Minnesota Timberwolves, Sacramento Kings and Toronto Raptors have expressed interest in trading for Simmons. A number of other teams are expected to also join trade talks.

Simmons has four seasons at nearly $150 million remaining on his contract.

Simmons, who turns 24 this month, is a three-time All-Star.

Marc Stein/Substack

Tags: Ben Simmons, Cleveland Cavaliers, Indiana Pacers, Minnesota Timberwolves, Philadelphia Sixers, Sacramento Kings, Toronto Raptors, NBA, NBA Trade Rumor, NBA Misc Rumor

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Mavs, Heat, Spurs, Wolves Interested In John Collins

Jul 13, 2021 11:22 AM

The Dallas Mavericks, Miami Heat, San Antonio Spurs and Minnesota Timberwolves are among the teams expected to show interest in John Collins in restricted free agency.

Collins averaged 13.9 points, 8.7 rebounds and 35.7 percent 3-point shooting over 18 games in the playoffs.

The common perception around the league is that Collins increased his value during the Atlanta Hawks' playoff run. The Hawks are interested in keeping Collins. Tony Ressler said after the season that he hoped the team reached a “fair agreement” with Collins.

Shams Charania/The Athletic

Tags: John Collins, Atlanta Hawks, Dallas Mavericks, Miami Heat, Minnesota Timberwolves, San Antonio Spurs, NBA, NBA Signing Rumor, NBA Trade Rumor, NBA Misc Rumor

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Wolves Still View D'Angelo Russell As Part Of Core

Jul 9, 2021 5:47 PM

The Minnesota Timberwolves traded Andrew Wiggins and what became the No 7 pick for D'Angelo Russell. While the trade has had mixed results for the Wolves, they still "view Russell as a part of the core and want to keep it that way," sources tell The Athletic.

Russell signed a four-year, $117 million deal with the Golden State Warriors in 2019. Russell is owed $30 million for the 21-22 season and $31.4 million for the 22-23 season.

Russell averaged 19.0 points, 2.6 rebounds and 5.8 assists in 28.5 minutes per game.

Jon Krawczynski, Danny Leroux/The Athletic

Tags: D'Angelo Russell, Minnesota Timberwolves, NBA, NBA Misc Rumor

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Wolves Plan On Pursuing Trade For Ben Simmons

Jul 9, 2021 4:42 PM

If Ben Simmons becomes available in trade talks, sources tell The Athletic that the Minnesota Timberwolves will enter the bidding. Minnesota would potentially be a better fit for Simmons given the skill-set of Karl-Anthony Towns and Anthony Edwards.

The future of Simmons with the Philadelphia 76ers is unclear following the team's second round exit and his reluctance to shoot late in games. 

The 76ers considered trading Simmons as part of a package for James Harden in January.

Daryl Morey and Gersson Rosas worked together for many years in the Houston Rockets' front office, which could conceivably help the parties with trade talks.

Jon Krawczynski, Danny Leroux/The Athletic

Tags: Ben Simmons, Minnesota Timberwolves, Philadelphia Sixers, NBA, NBA Trade Rumor, NBA Misc Rumor

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Juancho Hernangomez Dislocates Shoulder, Out For Tokyo Olympics

Jul 9, 2021 1:21 AM

Juancho Hernangomez dislocated his shoulder during an exhibition game against France and will miss the Tokyo Olympics.

"We are aware of the left shoulder injury suffered by Juancho Hernangomez while playing with the Spanish National Team," released the Timberwolves in a statement. "We are evaluating all information and will provide an update when available."

Hernangomez averaged 7.2 points and 3.9 rebounds for the Timberwolves this season. 

ESPN

Tags: Juancho Hernangomez, Minnesota Timberwolves, National, National Olympics

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Wolves Finalize Joseph Blair, Micah Nori, Pablo Prigioni As Front Of Bench Assistants

Jun 25, 2021 10:54 AM

The Minnesota Timberwolves announced its front bench coaching staff, naming Joseph Blair, Micah Nori and Pablo Prigioni as assistant coaches.

“Chris and I are excited to have Micah join our coaching staff in addition to giving new responsibilities to Joseph and Pablo. With staff development at the forefront, we look forward to supporting Joseph and Pablo as they continue to progress in their new roles, as well as provide guidance for Micah as he steps into a new coaching chapter,” said Timberwolves President of Basketball Operations Gersson Rosas. “We had a diligent process to evaluate our front bench needs and determined the coaching styles, philosophies and ideologies that best complement Head Coach Chris Finch and the vision we see for the future of the Timberwolves. We’re confident that with Chris at the helm and with the support of the assistant coaches, we have a group in place that will maximize our top players’ potential both on and off the court and also untap our young talent.”

RealGM Staff Report

Tags: Minnesota Timberwolves, NBA, NBA Misc Rumor

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Cavaliers, Wolves, Rockets Interested In Trading 2021 Lottery Pick

Jun 22, 2021 8:37 PM

The NBA hasn't seen very many high lottery picks traded in the recent future, but this lottery could be different with several teams interested in trading for a more established player.

"There are multiple teams, I'm told: Cleveland, Minnesota, Houston, who are going to be very aggressive if they're in the top of this lottery with perhaps putting those picks in trades to bring back young veteran players or All-Star caliber players to accelerate their rebuilds," said Adrian Wojnarowski on ESPN shortly before the draft.

The draft is widely considered to be a good one, especially with five potential All-Stars in Cade Cunningham, Evan Mobley, Jalen Suggs, Jalen Green and Jonathan Kuminga. 

Update: While the Wolves lost their pick to the Golden State Warriors, the Rockets ended up with the second pick while Cleveland will pick third. 

Adrian Wojnarowski/ESPN

Tags: Cleveland Cavaliers, Houston Rockets, Minnesota Timberwolves, NBA, NBA Misc Rumor

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Hornets, Lakers, Knicks, Wolves Interested In Myles Turner

Jun 10, 2021 11:52 AM

If the Indiana Pacers decide to make Myles Turner available in a trade this offseason, they're expected to receive significant interest.

The Charlotte Hornets, Los Angeles Lakers and New York Knicks have expressed interest in Turner for a significant amount of time. The Minnesota Timberwolves also have strong interest in Turner.

J. Michael of the Indianapolis Star believes the Hornets are the team who is most likely to deliver an aggressive offer for Turner.

J. Michael/Indianapolis Star

Tags: Myles Turner, Charlotte Hornets, Indiana Pacers, Los Angeles Lakers, Minnesota Timberwolves, New York Knicks, NBA, NBA Trade Rumor, NBA Misc Rumor

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Sale Of Wolves Has No Provision To Contractually Prevent Relocation

May 26, 2021 10:27 PM

The pending sale of the Minnesota Timberwolves to Marc Lore and Alex Rodriguez has no contractural limitations to keep the franchise from being relocated to a new city.

The language of the sales agreement between Taylor and prospective owners Rodriguez and Lore is in contrast to Taylor's numerous public comments that the sales agreement would include a provision requiring the new group to keep the Timberwolves in Minnesota. "They will keep the team here, yes," Taylor told the (Minneapolis) Star Tribune on April 11 about the Lore and Rodriguez ownership group. "We will put it in the agreement. At this point, we have a letter of intent, but when we make up the contract, we'll put that in there. That's no problem. That won't be a problem."

Several days later, Taylor reiterated to WCCO radio in Minneapolis: "We have it in the contract. They have signed the contract to do that ..."

Taylor then said this: "But let's just say somehow they were able to break that agreement. The real agreement is with the NBA. The NBA will make the decision if somebody's going to move or not move. The NBA will not approve the Timberwolves moving from here to Seattle. It's in the NBA's interest that in Seattle a new team is formed.

"It's an economic decision that's in the interest of all the owners because if they start a new team out there, that team is going to have to pay maybe $2 billion to get started there. They pay that to the other owners. The present owners are not going to pay a billion and a half to leave it in Minnesota and another $2 billion to move it out of there. That's the assurance I have that they aren't going to move it out of there."

Meyer Orbach, the second-largest shareholder of the Wolves, filed a complaint agreeing the pending sale is in violation of the franchise's partnership agreement. The complaint cites Taylor's failure to honor the "tag-along rights" for minority investors in the franchise, which allows them to sell their interests in the teams before Taylor sells his own.

A vote of the NBA's board of governors is still required to give final approval of the sale to Lore and Rodriguez.

Adrian Wojnarowski/ESPN

Tags: Minnesota Timberwolves, NBA

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Karl-Anthony Towns Hopes To Spend Entire Career With Wolves

Shahbaz Khan/NBA.com

David Vanterpool, Bryan Gates Won't Return To Wolves Next Season

Adrian Wojnarowski/ESPN

Anthony Edwards, R.J. Hampton Named Rookies Of The Month For May

RealGM Staff Report

Marc Lore, Alex Rodriguez Agree To Buy Wolves For $1.5 Billion

Shams Charania/The Athletic

Mark Lore Believes Deal To Buy Wolves 'Close To Finish Line'

Matthew Boyle/Bloomberg

Arron Afflalo Renews Attempt To Purchase Wolves

Marc Stein/New York Times

Marc Lore, Alex Rodriguez Have Yet To Close Purchase Of Wolves

Brian Windhorst/ESPN

Anthony Edwards, Malachi Flynn Named NBA's Rookies Of The Month

RealGM Staff Report

Jarrett Culver Ruled Out For Season With Right Ankle Injury

RealGM Staff Report

NBA Postpones Wolves-Nets Following Killing Of Daunte Wright

RealGM staff Report

New Wolves' Ownership Group Intend To Keep Team In Minnesota

Jon Krawczynski/The Athletic

Alex Rodriguez, Marc Lore Finalizing Deal To Buy Timberwolves For Around $1.5 Billion

ESPN

Malik Beasley Out 4-6 Weeks With Grade 3 Left Hamstring Injury

RealGM Staff Report

Anthony Edwards, LaMelo Ball Named NBA's Rookies Of The Month For March

RealGM Staff Report

Wolves Won't Entertain Trade Offers On Karl-Anthony Towns, D'Angelo Russell, Anthony Edwards

Jon Krawczynski/The Athletic

Aaron Gordon Trade Talks Include Rockets, Warriors, Celtics, Timberwolves, Trail Blazers

Kevin O'Connor/The Ringer

Nuggets, Blazers, Wolves, Warriors, Rockets Interested In Aaron Gordon

Mike Singer/Denver Post

Warriors Would Have Taken Anthony Edwards Over LaMelo Ball At No. 2

Ramona Shelburne/ESPN

Karl-Anthony Towns: Anthony Edwards Was Right Decision For Wolves

Jon Krawczynski/The Athletic

Clippers Targeting Point Guard With Terry Rozier, George Hill, Ricky Rubio As Possibilities

Chris Mannix/Sports Illustrated

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