SEPTEMBER 6TH, 2:50pm: The Timberwolves have officially hired Newton as the team's general manager, the team announced today (Twitter link). Jackson's hiring will likely be announced first thing next week, tweets Zgoda.
AUGUST 29TH, 6:29pm: Jerry Zgoda of the Star Tribune (via Twitter) says that the team won't finalize and announce the hirings until next week.
AUGUST 28TH, 1:41pm: The Timberwolves are in negotiations to add at least two new faces to the franchise, according to various reports. Both Charley Walters of the St. Paul Pioneer Press and Jerry Zgoda of the Star Tribune are reporting that the T-Wolves are expected to hire Wizards exec Milt Newton as the team's new general manager, and Bobby Jackson as a player development coach.
Newton and Jackson have both been interviewed for their respective positions and should finalize deals with the Wolves soon, with the hirings set to be formally announced shortly thereafter. Zgoda and Darren Wolfson of 1500 ESPN Twin Cities (Twitter link) also note that Koichi Sato will likely come from the Wizards along with Newton, and will become Minnesota's new strength coach. Wolves president Flip Saunders worked with Newton and Sato when he coached the Wizards, while Jackson played under current head coach Rick Adelman for several years in Sacramento.
The hirings, when they become official, will essentially signal the end of a busy offseason for the Wolves, barring some smaller moves. In addition to hiring a new president (Saunders) and GM (Newton), the team has also committed the second-most money of any NBA club in free agency this summer, as I detailed yesterday.