March 2: Anderson has officially signed with the Timberwolves, according to a team press release.
February 26: Veteran forward Kyle Anderson has agreed to a buyout with the Grizzlies and intends to sign with the Timberwolves after he clears waivers, sources tell Shams Charania of ESPN (Twitter link).
Anderson has been placed on waivers following his buyout agreement, the Grizzlies confirmed (via Twitter).
As Charania notes, Anderson previously played two seasons in Minnesota, including helping the Wolves reach the Western Conference finals in 2023/24.
Anderson opened the season with Utah, appearing in 20 games prior to being traded to Memphis earlier this month in the Jaren Jackson Jr. blockbuster. The 32-year-old’s second stint with the rebuilding Grizzlies will be very brief (he appeared in four games), as he’ll return to a Minnesota team hoping to make another deep playoff run.
According to Jon Krawczynski of The Athletic (Twitter links), at least one other contending team was eyeing Anderson, who is a 12-year veteran. He was a locker-room leader in his first stint with the Timberwolves and amicably parted ways with the organization in 2024 (via sign-and-trade), Krawczynski adds.
Known for his versatility and solid defense, Anderson has averaged 7.5 points, 3.3 rebounds, 2.7 assists and 1.2 steals in 20.4 minutes per game across his 24 appearances this season. He has shot 56.3% from the field and 67.4% from the free throw line.
As ESPN’s Bobby Marks tweets, Anderson was under contract through next season, but his $9.7MM salary for 2026/27 was non-guaranteed. He was still owed $2.3MM of his $9.2MM salary for this season, per Marks.
Anderson will be the latest addition for the Wolves, who traded for Ayo Dosunmu and Julian Phillips at the deadline, re-signed Mike Conley after trading him (he was involved in a second deal before being waived), and added Jules Bernard on a two-way contract, Marks notes (via Twitter).
As we relayed in a separate story, Memphis will fill Anderson’s roster spot by signing veteran big man Taj Gibson, who had been out of the league this season until now.
I like the KA signing. Hopefully he’s still got some juice and wants to stay next year for cheap. Trade Randle, promote Naz, and have our back up PF already on the roster.
The UCLA team with Anderson, LaVine, Powell, Jordan Adams & co is forever one of my fav all-time basketball teams. While everyone was all excited for him to get drafted to the Spurs, I’m still to this day disappointed that we never got to see Kyle Anderson running a team with the ball in his hand as a young player… link to youtube.com
That was a fun all-around college hoops season, and I agree, that UCLA squad was one of the more interesting teams in the country. I thought Anderson was going to be a borderline star in the NBA. The Wear brothers also featured on that team, I believe.
It really was. That was the Wiggins, Jabari Parker year. I’d put that season in the top5 of the century for sure & that’s saying A LOT. Wear twins were def on that team, them & my Atl guy Tony Parker were the frontline/main weakness of that team for sure.
It still amazes me the Wear bros made it to the league, regardless of how little time they actually had.
I mean they had talent. They were definitely skilled guys, esp at the hs level but once they got back home to UCLA they developed into pretty good stretch bigs. Travis actually had a few moments with the Knicks if I remember correct & they were the main guys on UCLA when they were seniors. They (along with Tony Parker) were the weakness on that team just bc they were young & not quite as strong/exp as the elite teams they played like Zona & Florida. Main thing I’ll always remember the Wear twins for is losing to Kawhi in the state title game in hs tho tbh.
Welcome home Slo Mo!
Good for Taj. Whoop them into shape
Hmm not the warriors… have to read into that one
Here is an easy read. They don’t have the money.
Warriors traded him away to a bad team. He only signed with warriors because t-wolves didn’t have the money to pay him.
Getting the band back together