Minnesota Timberwolves Team Salary
Quick: Over the cap. Under the tax.
Exceptions: $381,098 DPE (Malcolm Lee, expired 3/11/13)
Acquisitions: Brandon Roy signed to a estimated two-year, $10.4 million contract. Andrei Kirilenko signed to a two-year $20.9 million contract. Signed Alex Shved to a three-year, $9.4 million deal. Traded for Chase Budinger and Dante Cunningham. Signed Greg Stiemsma to a two-year, $5.3 million contract via the Room Exception. Inked Josh Howard to a $1.1 million partial/non-guaranteed contract. Picked up the third-year options on Derrick Williams and Ricky Rubio. Signed and waived and then signed Lazar Hayward (10-day contract). Signed Mickael Gelabale to two 10-day contracts and then for the rest of the season. Signed Chris Johnson to two 10-day contracts and then for the rest of the season.
Waived Players: Martell Webster, Will Conroy, Phil Jones, Seth Tarver, Mike Harris, Chris Johnson, Jermaine Taylor, Josh Howard, Lazar Hayward (twice), Louis Amundson
Roster Count: 15 guaranteed
Depth Chart*:
PG: Luke Ridnour, Ricky Rubio
SG: Alexey Shved, J.J Barea, Malcolm Lee (injured), Brandon Roy (injured)
SF: Andrei Kirilenko, Dante Cunningham, Mickael Gelabale, Chase Budinger (injured)
PF: Derrick Williams, Chris Johnson, Kevin Love (injured)
C: Nikola Pekovic, Greg Stiemsma
*Note: Teams often adjust their depth chart throughout the season, sometimes game by game.
Free Agents:
The Wolves renounced any free agents to get fully under the cap.
Head Coach: Rick Adelman
Unsigned Second-Round Picks: Nemanja Bjelica, Lior Eliyahu, Robbie Hummel, Loukas Mavrokefalidis, Tanguy Ngombo, Henk Norel, Paulao Prestes
Amnesty: Used on Darko Milicic – 2012-13, $5.228 mil; 2013-14, $1.755 mil
Pick Swaps:
2013 – Owe first-rounder (top-13 protected through 2014, top-12 protected 2015 and 2016) to Phoenix Suns (Wesley Johnson).
2013 – Owe second-rounder to Portland Trail Blazers (Ramon Sessions, Harangody, Pavlovic).
2013 – Owed first-rounder (top-14 protected through 2016, after which converts to a 2016 second-rounder) from Memphis Grizzlies (Shane Battier, Jonny Flynn). The obligation to the Suns will be the lower of the Minnesota and Memphis picks.
2013 – Owed second-rounder from Brooklyn Nets (Wesley Johnson, Brad Miller, Bojan Bogdanovic).
2013 – Owed second-rounder (top-42 protected) from Oklahoma City Thunder (Lazar Hayward).
2014 – Owe second-rounder to Miami HEAT (Michael Beasley).
2014 – Owed second-rounder from New Orleans Hornets (Antonio Daniels).
2014 – Owed second-rounder from Los Angeles Lakers (Steve Nash, Wesley Johnson).
2015 – Owe second-rounder to Portland Trail Blazers (Tanguy Ngombo), the lowest available pick the Wolves have that year.
2015 – Owed second-rounder from Denver Nuggets (Corey Brewer).
2016 – Owe second-rounder (top-55 protected) to New Orleans Hornets (Brad Miller).
2017 – Owed second-rounder (top-55 protected) from New Orleans Hornets (Brad Miller).
Cash Paid ($3.1 million max): $0
Cap Holds
Key: B = Bird Rights; E = Early Bird Rights; BR = Bird/Restricted; NB = Non-Bird;
DF = Declined Option on First-Round Scale; WB = Waived Bird; M = Minimum
| Name | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|
| TOTAL | $11,756,701 | $26,838,503.00 | $56,025,332 | $17,581,428 |
| Nikola Pekovic | $9,190,680-B | |||
| Chase Budinger | $1,681,728-B | |||
| Luke Ridnour | $8,208,000-B | |||
| Brandon Roy | $6,928,350-E | |||
| Dante Cunningham | $4,142,000-B | |||
| Greg Stiemsma | $3,498,138-N | |||
| Malcolm Lee | $1,680,157-B | |||
| Chris Johnson | $1,190,929-E | |||
| Mickael Gelabale | $1,190,929-E | |||
| Jose Juan Barea | $13,700,000-B | |||
| Andrei Kirilenko | $13,285,246-E | |||
| Derrick Williams | $12,662,808-B | |||
| Ricky Rubio | $10,141,372-B | |||
| Alexey Shved | $6,235,906-B | |||
| Kevin Love | $17,581,428-B |
What is a cap hold? A cap hold is the amount of space a free agent counts towards a team’s cap. These “cap holds” factor in when a team signs free agents. If they didn’t exist, a team could use their cap space to sign other free agents until the space was gone, and then re-sign their own free agents using the Bird exception. A cap hold cannot exceed the maximum contract offer that player can receive on the open market (as defined by years of experience – indicated in the table above by MAX followed by the years of experience). The cap hold disappears if the team renounces their own free agent, that free agent signs with a new team, or re-signs with the same team.
Notes: A free agent does not become restricted until the team issues a qualifying offer. If a player’s option on a first-round rookie scale contract is declined (DF), the most the team can pay is the amount of the declined option (without using a larger exception or cap room). Should a player allow for their Bird Rights to be waived during the season in trade (WB), the most the team can pay is 120% of their prior salary (without using a larger exception or cap room).
Qualifying offers do not count towards the total team salary for that season and are informational only.
Unsigned first-round picks (UF) are not guaranteed until signed but their salary counts against the cap during the offseason. A typical UF gets a bump of 120% upon signing.
Players with at least three years of experience who are signed to a one-year, vet-min contract are only charged $854,389 to the cap and tax. Actual salary amount, which applies to trades is listed under notes.
“Camp invites” can put a team over the hard cap but the math must be resolved by opening night.
Salary and team data changes quite often. If you notice a discrepancy, please notify HOOPSWORLD Senior Writer Eric Pincus.
(Updated 2/25/2013)
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