Minnesota Timberwolves Wiretap

Marc Lore, Alex Rodriguez Working On Deal With Carlyle Group For Minority Stake In Wolves At $2.3B Valuation

Nov 22, 2023 8:02 AM

Marc Lore and Alex Rodriguez are working on a deal with the Carlyle Group to bring the U.S.-based private equity company in as a minority investor in the Minnesota Timberwolves.

Lore and Rodriguez agreed to buy the Wolves in 2021 via a tranched-out purchase at a $1.5 billion valuation. This included an initial 20 percent stake, which has now grown to 40 percent. The next option is to add another 40 stake by next March.

Carlyle's tentative investment would come at around a $2.3 billion valuation.

The remaining 20 percent stake will continue to be held by Glen Taylor, but Rodriguez and Lore have a future option on that piece as well.

Dan Primack/Axios

Tags: Minnesota Timberwolves, NBA, NBA CBA

Jaden McDaniels Out 2-3 Weeks With Right Ankle Sprain

Nov 21, 2023 10:15 PM

Jaden McDaniels experienced a right ankle sprain at the 7:30 mark of the first quarter in Monday's 117-100 victory by the Minnesota Timberwolves over the New York Knicks.  

An MRI at Mayo Clinic by Dr. Jeff Payne on McDaniels confirmed a Grade 1 right lateral ankle sprain. His return to play timeline is 2-3 weeks and he will be re-evaluated in one week. 

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Tags: Jaden McDaniels, Minnesota Timberwolves, NBA, NBA Injury

Klay Thompson, Rudy Gobert, Jaden McDaniels Fined $25K For Role In Alteraction

Nov 16, 2023 12:52 AM

The NBA fined Klay Thompson, Rudy Gobert, and Jaden McDaniels $25,000 each for their roles during an on-court altercation between the Golden State Warriors and Minnesota Timberwolves on Tuesday night.

Thompson and McDaniels were ejected early from the game. 

Draymond Green received a five-game suspensions for forcibly grabbing Rudy Gobert. 

Adrian Wojnarowski/ESPN

Tags: Rudy Gobert, Klay Thompson, Jaden McDaniels, Golden State Warriors, Minnesota Timberwolves, NBA, NBA Fines

Draymond Green, Klay Thompson, Jaden McDaniels Ejected Early In Game

Nov 15, 2023 12:50 AM

Draymond Green, Klay Thompson, and Jaden McDaniels were all ejected around 100 seconds into Tuesday night's in-season tournament game between the Golden State Warriors and Minnesota Timberwolves.

The incident leading to the ejections began with Thompson and McDaniels getting tied up as they both ran down the court in transition. McDaniels ended up ripping Thompson's jersey, with Thompson swinging his arm at McDaniels.

With players from both teams looking to break up Thompson and McDaniels, Green put Rudy Gobert in a headlock.

McDaniels and Thompson were assessed two technical fouls each, with Green given a flagrant foul 2. 

This is the first game in 25 years where there were multiple players ejected before either team had scored.

Green was also ejected from Saturday's game. 


Kendra Andrews/ESPN

Tags: Draymond Green, Jaden McDaniels, Klay Thompson, Golden State Warriors, Minnesota Timberwolves, NBA

Anthony Edwards, Joel Embiid Named NBA's Players Of Week 3

Nov 13, 2023 9:48 PM

Anthony Edwards and Joel Embiid have been named the NBA's Players of the Week for Week 3.

Edwards finished the week averaging 31.3 points per game on 47.4% shooting, including 84.8% from the free throw line. He also averaged 6.3 rebounds, 6.8 assists and 2.0 steals per game. Following the 4-0 week by the Timberwolves, he ranks 10th in the NBA in scoring (28.4 ppg).

Over the last week, Embiid led the NBA in scoring at 36.3 points per night (51.1.% FG, 90.6% FT) while adding in 12.5 rebounds and five assists, making him the first player this season with such averages over a four-game span this season. 

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Tags: Minnesota Timberwolves, Philadelphia Sixers, NBA, NBA Award

RealGM Radio: Jon Krawczynski On The Timberwolves (Nov 2023)

Nov 9, 2023 3:33 PM

Host Danny Leroux and Jon Krawczynski of The Athletic (@JonKrawczynski) go in-depth on the Minnesota Timberwolves.

They discuss the Wolves’ strong start, Anthony Edwards’ development, Rudy Gobert fitting in better, their fascinating ownership situation, financial future and much more.

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Tags: Anthony Edwards, Rudy Gobert, Naz Reid, Minnesota Timberwolves, NBA, RealGM Radio

Jordan McLaughlin Suffers MCL Sprain, Will Be Re-Evaluated In 4 Weeks

Nov 8, 2023 1:41 AM

Jordan McLaughlin was diagnosed with a right MCL sprain, the Minnesota Timberwolves announced.

McLaughlin will be re-evaluated in four weeks. 

McLaughlin has appeared in five games this season. 


Tags: Jordan McLaughlin, Minnesota Timberwolves, NBA, NBA Injury

Tyrese Haliburton, Anthony Edwards Want To Play In Olympics

Nov 6, 2023 8:45 AM

Tyrese Haliburton and Anthony Edwards were two of the leaders of a young United States team at the 2023 FIBA World Cup. Haliburton said that experience was enough that both young guards want to continue to play for Team USA moving forward.

When asked how he felt about American-born superstars saying they wanted spots on Team USA for the 2024 Paris Olympics, Haliburton understood. Even though news that those players want to play this coming summer broke before Team USA was even home from the World Cup, Haliburton said that he and Edwards want to play for their country again.

"We all saw when we landed and kind of went our separate ways. And never really talked about it. I just know a lot of that group that was together, especially like me and Ant (Anthony Edwards), us two being two of the younger dudes there, we know that we both want to play for USA moving forward and kind of help, you know, the torch be passed.," Haliburton said. "And it looks like this upcoming year is going to be, you know, the big guys want to play, and a lot of these guys probably want this to be their last run. But I think that me and Ant, we both feel like we were deserving to be on the team, and we would love to be on the team. I don’t even have to ask him, I already know. But it’s not up for us to decide. We’ve got to do what we can. We know we want to be a part of that — continuing what USA does."

Joe Vardon/The Athletic

Tags: Tyrese Haliburton, Anthony Edwards, Indiana Pacers, Minnesota Timberwolves, United States, National, National Olympics, National Teams

Naz Reid On Free Agency: I Wasn't Going Anywhere

Oct 29, 2023 10:41 AM

Naz Reid first heard the roar of the crowd when he was introduced before the Minnesota Timberwolves home opener. Reid then heard the crowd again when his big fourth quarter helped propel the Wolves to the win over the Miami Heat.

Reid said that sort of love from the fans, plus his role with the team, was what kept him in Minnesota. Reid signed a three-year extension, instead of testing free agency, this past summer.

"I wasn't going anywhere," Reid said. "I love it here, man. It's special. It's definitely a place I want to be and develop. ... Each and every year, I've gotten better, so there was definitely no reason for me to leave."

Chris Hine/Star Tribune

Tags: Naz Reid, Minnesota Timberwolves, NBA, NBA Misc Rumor

Wolves Exercise 24-25 Option On Wendell Moore Jr.

Oct 28, 2023 10:32 PM

The Minnesota Timberwolves have exercised their 24-25 team option on guard Wendell Moore Jr.  

Moore Jr., 22, enters his second season in the NBA after appearing in 29 games (two starts) in his rookie campaign last season, averaging 1.4 points on 41.9% shooting, 0.6 rebounds and 0.6 assists. 

Moore was the 26th overall pick in the 2022 NBA draft out of Duke.

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Tags: Wendell Moore, Jr., Minnesota Timberwolves, NBA, NBA Signing Rumor, NBA Misc Rumor

Jaden McDaniels Day-To-Day With Left Calf Strain

Minnesota Timberwolves

Marc Lore, Alex Rodriguez May Need Extension For Next Payment To Purchase Wolves

Eric Jackson/Sportico

Jaden McDaniels, Wolves Agree To Five-Year, $136M Extension

Shams Charania, Jon Krawczynski/The Athletic

Timberwolves Sign And Waive Brian Bowen II, Javonte Cooke

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Wolves Convert Daishen Nix To Two-Way Contract

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Timberwolves Sign DJ Carton To Exhibit 10 Contract

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Timberwolves Waive Vit Krejci

Keith Smith/Spotrac

Knicks Monitoring Karl-Anthony Towns Situation

Stefan Bondy/New York Post

Tyrese Martin, Wolves Agree To Camp Deal

Shams Charania/The Athletic

Matt Ryan, Timberwolves Agree To Two-Way Contract

Shams Charania/The Athletic

RealGM Radio: West Over-Unders With Arturo Galletti (2023-24)

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Daishen Nix, Wolves Agree To One-Year Deal

Shams Charania/The Athletic

RealGM Radio: David Locke, Adam Mares On The Northwest Division (Sep 2023)

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Wolves Sign Vit Krejci

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Elfrid Payton Works Out For Timberwolves, Hornets

Michael Scotto/HoopsHype

Lamar Stevens Draws Interest From Celtics, Timberwolves, Rockets, Heat

Michael Scotto/HoopsHype

Javonte Cooke, Wolves Agree To Exhibit 10 Deal

Michael Scotto/HoopsHype

Anthony Edwards On Team USA Bench Role: We Don't Have A Kobe

Joe Vardon/The Athletic

Anthony Edwards Fined $50,000 For Swinging Chair After Playoff Loss

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Wolves Hire Ernest Scott As Head Coach Of G League Team

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