Minnesota has full Bird rights on Vanderbilt and Early Bird rights on McLaughlin, notes Bobby Marks of ESPN (Twitter link). The Wolves are currently $7.9MM away from the luxury tax, including a first-round hold for Leandro Bolmaro, who may join the team next season.
Vanderbilt, a 22-year-old power forward, is coming off his most productive NBA season, averaging 5.4 points and 5.8 rebounds while starting 30 of the 64 games that he played. He was acquired from the Nuggets in a four-team trade in February of 2020.
McLaughlin, a 25-year-old point guard, appeared in 51 games this season, averaging 5.0 points, 2.1 rebounds and 3.8 assists per night. He has been a two-way player for the Wolves the past two years.