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Salary Cap Snapshot: Minnesota Timberwolves

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league.  These posts will be maintained throughout the season once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check for up-to-date rosters for each franchise, with the Wolves’ team page accessible here.

Here’s a breakdown of where the Wolves currently stand financially:

Guaranteed Salary

Total Guaranteed Salary= $80,791,446

Non-Guaranteed Salary

  • John Lucas III — $980,431 [Actual Salary — $1,403,611. Salary fully guaranteed on 1/10/17]
  • Toure’ Murry — $980,431 [Salary fully guaranteed on 1/10/17]
  • Rasual Butler — $980,431 [Actual Salary — $1,551,659. Salary fully guaranteed on 1/10/17]

Total Non-Guaranteed Salary= $2,941,293

Eligible for Rookie Scale Extensions: Shabazz Muhammad, Gorgui Dieng

Cash Sent Out Via Trade:  $0 [Amount Remaining $3.5MM]

Cash Received Via Trade: $0  [Amount Remaining $3.5MM]

Payroll Exceptions Available

  • Room Exception — $2,898,000

Total Projected Payroll: $83,732,739

Salary Cap: $94,143,000

Estimated Available Cap Space: $10,410,261

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $29,554,261

Last Updated: 10/1/16

The Basketball Insiders salary pages were used in the creation of this post.

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3 thoughts on “Salary Cap Snapshot: Minnesota Timberwolves

  1. When contacts like Rubio, Garnett, Aldrich, and Pekovic expire, how can a free agent not want to play with Towns, Dunn, Wiggins, and LeVine? If the front office handles it correctly, which they have the past couple of years, this team will be tough to contend with as they grow together. Exciting times for Timberwolves fans.

  2. I love the cover photo for this post.

  3. JFactor

    Fun, young team

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