Minnesota Timberwolves 2025-26 Financial Summary

A current summary of Minnesota Timberwolves 2025-26 player cap & cash figures.

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Total Cap

$241,705,872 / 6th

Cap Space

$-87,058,872 / 25th

Tax Space

$-2,243,061

Cash Total

$188,201,423 / 9th

2025-26 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
  Player (12) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
Edwards Anthony Edwards SG 24 $45,550,512 29.45% $45,550,512 $45,550,512 $45,550,512 $45,550,512 2029
2
Gobert Rudy Gobert C 33 $35,000,000 22.63% $35,000,000 $35,000,000 $35,000,000 $35,000,000 2028
3
Randle Julius Randle PF 31 $30,935,520 20.00% $32,408,640 $30,935,520 $29,462,400 $29,462,400 2026
4
McDaniels Jaden McDaniels PF 25 $24,858,621 16.07% $25,324,139 $24,858,621 $24,393,103 $24,393,103 2029
5
Reid Naz Reid C 26 $15,022,464 9.71% $15,022,464 $15,022,464 $15,022,464 $15,022,464 2026
6
DiVincenzo Donte DiVincenzo SG 29 $11,990,000 7.75% $12,740,000 $11,990,000 $11,990,000 $11,990,000 2027
7
Conley Mike Conley PG 38 $10,774,038 6.97% $10,774,038 $10,774,038 $10,774,038 $10,774,038 2026
8
Dillingham Rob Dillingham PG 21 $6,576,120 4.25% $6,576,120 $6,576,120 $6,576,120 $6,576,120 2028
9
Shannon Jr. Terrence Shannon Jr. SG 25 $2,674,080 1.73% $2,674,080 $2,674,080 $2,674,080 $2,674,080 2028
10
Garza Luka Garza C 27 $2,349,578 1.52% $2,349,578 $2,349,578 $2,349,578 - 2026
11
Miller Leonard Miller SF 22 $2,221,677 1.44% $2,221,677 $2,221,677 $2,221,677 $1,110,839 2027
12
Minott Josh Minott SF 23 $2,187,451 1.41% $2,187,451 $2,187,451 $2,187,451 - 2026

2025-26 Cap Hold

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

  Player (9) Pos Age Cap Hit Cap Hit Pct League Cap          
1
Turner Evan Turner SF 37 $27,909,834 18.05% Bird
2
Alexander-Walker Nickeil Alexander-Walker SG 27 $8,193,750 5.30% Early Bird
3
Monroe Greg Monroe C 35 $2,296,274 1.48% Non-Bird
4
Ingles Joe Ingles SF 38 $2,296,274 1.48% Non-Bird
5
Brooks Aaron Brooks PG 41 $2,296,271 1.48% Non-Bird
6
Rivers Austin Rivers SG 33 $2,296,271 1.48% Non-Bird
7
Clark Jaylen Clark SG 24 $2,180,149 1.41% Two-Way
8
Newton Tristen Newton PG 24 $2,048,494 1.32% Two-Way
9
Edwards Jesse Edwards C 25 $2,048,494 1.32% Two-Way

2025 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-via-sign-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 $4,686,880

2025 Cap Totals

Cap Maximum Summary
Cap Maximum $154,647,000
Active Roster $190,140,061 8th
Cap Hold $51,565,811 12th
Total Allocations $241,705,872 6th
Space $-87,058,872 25th
Practical Cap Space Summary
Projected Practical Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.
$-33,663,801 -
Maximum Possible Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.
$9,748,445 -
1st Apron Summary
1st Apron Maximum $195,946,000
Total Allocations $192,828,699 -
Space $3,117,301 -
2nd Apron Summary
2nd Apron Maximum $207,825,000
Total Allocations $192,828,699 -
Space $14,996,301 -

2025 Tax Totals

Tax Summary
Tax Threshold $187,897,000
Total Allocations $190,140,061 8th
Space $-2,243,061 23rd
Ext. Luxury Tax Bill $2,243,060 -

2025 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 Tristen Newton
RFA / QO
2025-26 Qualifying Offer — Two-Way
$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 Luka Garza
CLUB
2025-26 Club Option
$2,349,578
6/29/2025 Jaylen Clark
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,180,149
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 Rob Dillingham
CLUB
2027-28 Club Option
$8,763,216
10/31/2026 Terrence Shannon Jr.
CLUB
2027-28 Club Option
$5,054,159
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

2025 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2022 Matteo Spagnolo PG 22 Italy
2010 Paulao Prestes C 37 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
Least favorable of CLE and MIN to PHX (via 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
Least favorable of CLE, MIN and UTA to PHX (via 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, Least favorable of CLE, MIN and UTA to PHX (via UTA)

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
SAC
(via 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

Jan 03, 2025
Tristen Newton, PG

Claimed off waivers by Minnesota (MIN)

Jan 03, 2025
Daishen Nix, PG

Waived by Minnesota (MIN)

Dec 28, 2024
P.J. Dozier, PG

Waived by Minnesota (MIN); $1,051,255 dead cap remains

Dec 23, 2024
Anthony Edwards, SG

Fined $75,000 for public critixism of officiating and using inappropriate and profane language during GSW-MIN game

Nov 17, 2024
Anthony Edwards, SG

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

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