Minnesota Timberwolves 2024-25 Financial Summary

A current summary of Minnesota Timberwolves 2024-25 player cap & cash figures.

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Total Cap

$237,706,956 / 1st

Cap Space

$-97,118,956 / 30th

Tax Space

$-32,714,447

Cash Total

$199,757,980 / 2nd

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
  Player (18) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Gobert Rudy Gobert C 32 $43,827,587 31.17% $43,827,587 $43,827,587 $43,827,587 $43,827,587
2
 Edwards Anthony Edwards SG 23 $42,176,400 30.00% $42,176,400 $42,176,400 $42,176,400 $42,176,400 2029
3
 Randle Julius Randle PF 30 $33,073,920 23.53% $34,452,000 $33,073,920 $27,561,600 $27,561,600 2026
4
 McDaniels Jaden McDaniels PF 24 $23,017,242 16.37% $23,448,277 $23,017,242 $23,017,242 $22,586,207 2029
5
 Reid Naz Reid C 25 $13,986,432 9.95% $13,986,432 $13,986,432 $13,986,432 $13,986,432 2026
6
 DiVincenzo Donte DiVincenzo SG 28 $11,445,000 8.14% $12,195,000 $11,445,000 $11,445,000 $11,445,000 2027
7
 Conley Mike Conley PG 37 $9,975,962 7.10% $9,975,962 $9,975,962 $9,975,962 $9,975,962 2026
8
 Dillingham Rob Dillingham PG 20 $6,262,920 4.45% $6,262,920 $6,262,920 $6,262,920 $6,262,920 2028
9
 Alexander-Walker Nickeil Alexander-Walker SG 26 $4,312,500 3.07% $4,312,500 $4,312,500 $4,312,500 $4,312,500 2025
10
 Shannon Jr. Terrence Shannon Jr. SG 24 $2,546,640 1.81% $2,546,640 $2,546,640 $2,546,640 $2,546,640 2028
11
 Garza Luka Garza C 26 $2,162,606 1.54% $2,162,606 $2,162,606 $2,162,606 $2,162,606 2026
12
 Ingles Joe Ingles SF 37 $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2025
13
 Dozier P.J. Dozier PG 28 $2,087,519 1.48% $2,087,519 $2,087,519 $2,613,120 $2,613,120 2025
14
 Minott Josh Minott SF 22 $2,019,699 1.44% $2,019,699 $2,019,699 $2,019,699 $2,019,699 2026
15
 Miller Leonard Miller SF 21 $1,891,857 1.35% $1,891,857 $1,891,857 $1,891,857 $1,891,857 2027
16
 Nix Daishen Nix PG 22 Two-Way - - - - - 2025
17
 Clark Jaylen Clark SG 23 Two-Way - - - - - 2025
18
 Edwards Jesse Edwards C 24 Two-Way - - - - - 2025

2024-25 Dead Money

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

  Player (1) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Bates-Diop Keita Bates-Diop SF 29 $2,654,644 1.89% $2,654,644 $2,654,644 $2,654,644 -

2024-25 Cap Hold

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

  Player (4) Pos Age Cap Hit Cap Hit Pct League Cap          
1
 Turner Evan Turner SF 36 $27,909,834 19.85% Bird
2
 Monroe Greg Monroe C 34 $2,093,637 1.49% Non-Bird
3
 Brooks Aaron Brooks PG 40 $2,087,519 1.48% Non-Bird
4
 Rivers Austin Rivers SG 32 $2,087,519 1.48% Non-Bird

2024 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
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

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $200,873,803 2nd
Dead Money $2,654,644 5th
Cap Hold $34,178,509 2nd
Total Allocations $237,706,956 1st
Space $-97,118,956 30th
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $206,087,562 -
Space $-27,955,562 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $206,087,562 -
Space $-17,156,562 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $203,528,447 2nd
Space $-32,714,447 29th
Ext. Luxury Tax Bill $95,963,024 -

2024 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

2024 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

Nov 17, 2024
Anthony Edwards, SG

Fined $35,000 for making an obscene gesture on the playing court during MIN-SAC game

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)

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THE SPOTRAC PODCAST

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NBA Trades 101 with Keith Smith

The latest iteration of the NBA CBA has changed the trade game quite a bit across the league, rendering it difficult - if not nearly impossible - for some teams to quickly reshuffle on the fly. Keith Smith joins to help us understand the rules & restrictions, then breaks down every team's outlook for the February trade deadline.

TRANSACTIONS

Nov 17, 2024
Anthony Edwards, SG

Fined $35,000 for making an obscene gesture on the playing court during MIN-SAC game

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)

View More Transactions

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  • 1 Michael Porter Jr. (SF, DEN)
  • 2 Dennis Schröder (PG, GSW)
  • 3 Giannis Antetokounmpo (PF, MIL)
  • 4 LeBron James (PF, LAL)
  • 5 Damian Lillard (PG, MIL)

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