Minnesota Timberwolves 2023-24 Cap Table

The Minnesota Timberwolves 2023-24 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

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Total Cap Allocations

$198,497,741 / 3rd

Cap Space

$-62,476,741 / 28th

1st Apron Space

$6,317,211

2nd Apron Sapce

$16,765,211

2023-24 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (17) Pos Age Type Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration Guaranteed
Gobert Rudy Gobert C 31 Maximum Veteran Extension $41,000,000 30.14% $41,000,000 - - - $41,000,000
Towns Karl-Anthony Towns C 28 DRK-EXT $36,016,200 26.48% $36,016,200 - - - $36,016,200
Conley Mike Conley PG 36 FA $24,360,000 17.91% $24,360,000 - $1,500,000 - $24,360,000
Edwards Anthony Edwards SG 22 RK-1ST $13,534,817 9.95% $13,534,817 - - - -
Reid Naz Reid C 24 VET-EXT $12,950,400 9.52% $12,950,400 - - - $12,950,400
Morris Monte Morris PG 28 VET-EXT $9,800,926 7.21% $9,800,926 - - - $9,800,926
Anderson Kyle Anderson PF 30 FA $9,219,512 6.78% $9,219,512 - - - $9,219,512
Alexander-Walker Nickeil Alexander-Walker SG 25 FA $4,687,500 3.45% $4,687,500 - - - $4,687,500
McDaniels Jaden McDaniels PF 23 RK-1ST $3,901,399 2.87% $3,901,399 - - - $3,901,399
Moore Jr. Wendell Moore Jr. SG 22 RK-1ST $2,421,720 1.78% $2,421,720 - - - $2,421,720
McLaughlin Jordan McLaughlin PG 27 FA $2,420,000 1.78% $2,320,000 $100,000 - - $2,320,000
Miller Leonard Miller SF 20 RK-2ND $1,800,000 1.32% $1,800,000 - - - $1,800,000
Minott Josh Minott SF 21 RK $1,719,864 1.26% $1,719,864 - - - $1,719,864
Warren T.J. Warren SF 30 ROS $220,543 0.16% $317,307 - - - $317,307
Garza Luka Garza C 25 ROS $127,683 0.09% $127,683 - - - $127,683
Clark Jaylen Clark SG 22 2W Two-Way - - - - - -
Nix Daishen Nix PG 21 2W Two-Way - - - - - -

2023-24 Dead Money Cap

Cap breakdowns for players who have been traded or released. All count against the team's cap.

Player (3) Pos Cap Hit Cap Hit Pct League Cap
Warren T.J. Warren SF $116,075 0.09%
Warren T.J. Warren SF $116,075 0.09%
Jackson Justin Jackson SF $116,075 0.09%

2023-24 Cap Hold Cap

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (4) Pos Age Type Cap Hit Cap Hit Pct League Cap Qualifying Offer        
Turner Evan Turner SF 35 $27,909,834 20.52% - Bird
Brooks Aaron Brooks PG 39 $2,019,706 1.48% - Non-Bird
Monroe Greg Monroe C 33 ROS $2,019,706 1.48% - Non-Bird
Rivers Austin Rivers SG 31 FA $2,019,706 1.48% - Non-Bird

2023 Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Type Reason Used On Expires Original Available
Non-Taxpayer Mid-Level
Shake Milton
$5,000,000, Troy Brown Jr.
 End-of-Season $12,405,000 $3,405,000
Bi-Annual
End-of-Season $4,516,000 $4,516,000
Trade
Troy Brown Jr. trade with DET
 2/10/2025 $4,000,000 $4,000,000
Trade
Kyle Anderson trade with GSW
 7/6/2025 $8,780,488 $8,780,488
Trade
Wendell Moore Jr trade with DET
 7/6/2025 $2,537,040 $2,537,040
Trade
Karl-Anthony Towns trade with NYK
 10/2/2025 $4,686,880 $0

2023 Cap Totals

Cap Maximum Summary
Cap Maximum $136,021,000
Active Roster $164,180,564 10th
Dead Money $348,225 23rd
Cap Hold $33,968,952 2nd
Total Allocations $198,497,741 3rd
Space $-62,476,741 28th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
 $172,346,000
Total Allocations $166,028,789 -
Space $6,317,211 -
2nd Apron Summary
2nd Apron Maximum $182,794,000
Total Allocations $166,028,789 -
Space $16,765,211 -

2023 Deadlines

Deadline Date Player Type Value
6/28/2025 Naz Reid
EXTENSION ELIGIBLE
2025-26 Extension Eligible
6/29/2025 Jesse Edwards
RFA / QO
2025-26 Qualifying Offer 		$2,048,494
6/29/2025 Rudy Gobert
PLAYER
2027-28 Player Option 		$38,000,000
6/29/2025 Julius Randle
PLAYER
2025-26 Player Option 		$29,462,400
6/29/2025 Daishen Nix
RFA / QO
2025-26 Qualifying Offer 		$2,048,494
6/29/2025 Rudy Gobert
PLAYER
2025-26 Player Option — declined 10/24/25 via extension with MIN 		$46,655,173
6/29/2025 Josh Minott
CLUB
2025-26 Club Option 		$2,187,451
6/29/2025 Jaylen Clark
RFA / QO
2025-26 Qualifying Offer — Two-Way 		$2,180,149
6/29/2025 Luka Garza
CLUB
2025-26 Club Option 		$2,349,578
6/30/2025 Naz Reid
PLAYER
2025-26 Player Option 		$15,022,464
6/30/2025 Leonard Miller
GUARANTEED
2025-26 Guaranteed 		$2,221,677
7/8/2025 Donte DiVincenzo
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/8/2025 Leonard Miller
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/31/2025 Terrence Shannon Jr.
CLUB
2026-27 Club Option 		$2,801,640
10/31/2025 Rob Dillingham
CLUB
2026-27 Club Option 		$6,889,320
6/29/2026 Leonard Miller
CLUB
2026-27 Club Option — non-guaranteed
6/30/2026 Leonard Miller
GUARANTEED
2026-27 Guaranteed 		$2,406,205
7/8/2026 Anthony Edwards
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/23/2026 Jaden McDaniels
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/24/2026 Rudy Gobert
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/31/2026 Terrence Shannon Jr.
CLUB
2027-28 Club Option 		$5,054,159
10/31/2026 Rob Dillingham
CLUB
2027-28 Club Option 		$8,763,216
7/1/2027 Rob Dillingham
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/1/2027 Terrence Shannon Jr.
EXTENSION ELIGIBLE
2027-28 Extension Eligible
6/29/2028 Terrence Shannon Jr.
RFA / QO
2028-29 Qualifying Offer 		$8,000,734
6/29/2028 Rob Dillingham
RFA / QO
2028-29 Qualifying Offer 		$12,689,137

Unsigned Draft Picks

Draft Year Player Pos Age Country College
2022 Matteo Spagnolo PG 21 Italy
2010 Paulao Prestes C 36 Brazil
2009 Henk Norel C 37 Netherlands

Future Draft Picks

2025
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DET
If 1-13
MIN
If 14-30 (via HOU to OKC to NYK)
UTA

2026
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DET
If 1-11 if not already settled with NYK
MIN
If 12-30 if not already settled (via HOU to OKC to NYK)
MIN    UTA
less favorable of MIN and UTA 1-8

2027
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DET
If 1-9 if not already settled with NYK
MIN
If 10-30 if not already settled (via HOU to OKC to NYK)
UTA

2028
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
MIN

2029
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
MIN
If 1-5
UTA
If 6-30

2030
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
MIN    SAS
Or 2-30 swap with SAS (via SAS swap for MIN)
SAS    DAL    MIN
or DAL (via SAS swap for DAL) OR MIN 2-30 (via SAS swap for MIN)

2031
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
SAS

2025
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
ATL
(via HOU)
MIN

2026
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
MIN
Least favorable of IND, MIA and SAS to MIN
NYK
Less favorable of MIN and NYK to NYK then other to DET

2027
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
DET    MIN
DET pick if DET conveys 1st to NYK by 2027; NYK pick if DET does not convey 1st to OKC by 2027 (via HOU to OKC to NYK)
POR
(via HOU to OKC to NYK)

2028
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
SAS

2029
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
MIN    UTA
MIN pick if MIN conveys 1st to UTA in 2029; UTA pick if MIN does not convey 1st to UTA in 2029

2030
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
MEM
31-50
MIN
51-60
DET

2031
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
GSW    MIN
Or swap with MIN (via MIN swap for GSW)
MIN    GSW
Or swap with GSW

TRANSACTIONS

Oct 24, 2024
Rudy Gobert, C

Signed a 3 year $109.5 million veteran contract extension with Minnesota (MIN) - includes 2027-28 Player Option

Oct 24, 2024
Rudy Gobert, C

Declined $46.7 million Player Option with Minnesota (MIN) for 2025-26 as part of an extension

Oct 21, 2024
Keita Bates-Diop, SF

Waived by Minnesota (MIN)

Oct 18, 2024
Eugene Omoruyi, SF

Waived by Minnesota (MIN)

Oct 15, 2024
Skylar Mays, SG

Waived by Minnesota (MIN)

View More Transactions

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TRANSACTIONS

Oct 24, 2024
Rudy Gobert, C

Signed a 3 year $109.5 million veteran contract extension with Minnesota (MIN) - includes 2027-28 Player Option

Oct 24, 2024
Rudy Gobert, C

Declined $46.7 million Player Option with Minnesota (MIN) for 2025-26 as part of an extension

Oct 21, 2024
Keita Bates-Diop, SF

Waived by Minnesota (MIN)

Oct 18, 2024
Eugene Omoruyi, SF

Waived by Minnesota (MIN)

Oct 15, 2024
Skylar Mays, SG

Waived by Minnesota (MIN)

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