Minnesota Timberwolves Rumors | Hoops Rumors

Cap Observations: KD Trade, Valanciunas, Kings, H. Gonzalez

July 4th, 2025 at 9:51am CST by Luke Adams

As we catch our breath on the Fourth of July and await updates on the top remaining free agents - including an intriguing group of restricted free agents and veteran unrestricted free agents like Al Horford, Chris Paul, and Russell Westbrook - we're taking a look back at a few of the intriguing stories from the past few days.

In the space below, we're exploring what the seven-team Kevin Durant figures to look like, why the Nuggets and Kings are still moving forward with their Jonas Valanciunas/Dario Saric swap amid rumors about Valanciunas wanting to play in Greece, what the rumors about Sacramento's interest in Jonathan Kuminga suggest, and more.

Let's dive in...

Unlock Subscriber-Exclusive Articles Like This One With a Trade Rumors Front Office Subscription

BENEFITS

Access weekly subscriber-only articles by Luke Adams
Join exclusive weekly live chats with Arthur Hill
Remove ads and support our writers.

Free Agent Rumors: Kuminga, CP3, Horford, Westbrook, Lillard

July 2nd, 2025 at 11:30pm CST by Luke Adams

The Kings are “very engaged” on Warriors restricted free agent forward Jonathan Kuminga, according to Matt George of ABC 10 in Sacramento (Twitter links).

While the Kings have seemingly been extremely willing to discuss Malik Monk in trade scenarios, Monk likely wouldn’t be involved in any deal for Kuminga, says George, noting that Golden State doesn’t appear to have much interest in the veteran guard.

George has heard that the Kings have explored sending out guard Devin Carter, forward Dario Saric, and draft compensation as part of a deal to acquire Kuminga via sign-and-trade (Twitter link). If a deal along those lines came to fruition, it would likely be combined with Sacramento’s Saric/Jonas Valanciunas swap with Denver in order to maximize the Kings’ outgoing salary, which would allow them to give Kuminga a more lucrative deal.

However, according to Anthony Slater of The Athletic (Twitter link), there’s no agreement imminent at this point. Conversations on the Kuminga front with the Warriors and “several” teams are ongoing, Slater adds.

Here are a few more items of interest on some of the top free agents still on the board:

After starting all 82 games for San Antonio this past season, veteran point guard Chris Paul is hoping to be a starter again in 2025/26, per Tim Reynolds of The Associated Press (Twitter link), which is one reason why he’s still weighing his options in free agency. Reynolds says the Clippers are hoping Paul will join them, while Ramona Shelburne of ESPN (Twitter video link) views the Suns as his most likely landing spot. John Gambadoro of Arizona Sports 98.7 (Twitter link) believes Paul would like to return to Phoenix, but thinks there would be a very limited role for him with the Suns, so he considered a reunion unlikely.
The Warriors have been “very aggressive” in trying to recruit Al Horford to Golden State, per ESPN’s Brian Windhorst (Twitter video link). Windhorst believes Horford could end up in the West Coast if he continues his career, noting that the Lakers are among the other teams pursuing him. Windhorst’s report came before the Lakers reached an agreement with Deandre Ayton, but Los Angeles could still use frontcourt depth and still has its $5.1MM bi-annual exception available.
Russell Westbrook, an L.A. native, would like to “be closer to home,” according to Marc J. Spears of Andscape (Twitter video link). Multiple reports this week have linked Westbrook to the Kings, but it sounds like that would only become a viable option if Sacramento ends up trading Monk.
In ranking what he believes are the top five best landing spots for Damian Lillard once he becomes a free agent, Spears places the Timberwolves atop his list (Twitter video link). Mike Conley is still penciled in as Minnesota’s starting point guard, but he’ll be 38 in October and struggled in the postseason, and the Wolves don’t have much reliable depth at the position behind him. Lillard could be a perfect fit, though he’ll miss most or all of the 2025/26 season while recovering from his Achilles tear.
In addition to previously reported suitors like Milwaukee and Indiana, the Knicks, Clippers, Cavaliers, and Nuggets also expressed some level of interest in Ayton before he agreed to join the Lakers, Shams Charania of ESPN said on SportsCenter (Twitter video link). Charania added that several suitors reached out to Trail Blazers general manager Joe Cronin to ask about Ayton and got “rave reviews of him as a teammate.”

Durant Trade Expected To Be Completed As Seven-Team Deal

July 2nd, 2025 at 9:56pm CST by Luke Adams

When the Suns and Rockets agreed a week-and-a-half ago to a deal that will send Kevin Durant to Houston, they negotiated it as a two-team trade. However, after the July moratorium lifts on Sunday and that trade can be officially completed, it’s expected to be finalized as a seven-team mega-deal, according to ESPN’s Bobby Marks (YouTube link).

Marks specifically mentions the Hawks, Timberwolves, and Nets as teams who will be involved, referencing the Rockets’ sign-and-trade deal for Clint Capela and Atlanta’s sign-and-trade for Nickeil Alexander-Walker as agreements that may be looped into this trade. Brooklyn made a minor draft-night deal with the Suns that includes a couple picks Phoenix is acquiring from Houston as part of the package for Durant.

While Marks didn’t name all seven teams, Fred Katz of The Athletic says the Warriors and Lakers are expected to play a part in the deal too.

The No. 59 overall pick (Jahmai Mashack) that was originally sent from Houston to Phoenix in the Durant agreement got rerouted by Phoenix to Golden State (who later sent it to Memphis), while No. 36 pick Adou Thiero will end up with the Lakers following a series of swaps involving the Nets, Suns, and Timberwolves.

There may also be a pathway to turning Dorian Finney-Smith‘s four-year, $53MM agreement with Houston into a sign-and-trade from the Lakers, though Katz’s report suggests Finney-Smith (and Alexander-Walker) aren’t being discussed in the current framework.

Theoretically, other previous trade agreements involving some of these teams could be roped in to expand the deal even further if it proves advantageous (or if it just streamlines the process of finalizing trades). We also still have more than 72 hours before the moratorium lifts on Sunday at 11:00 am Central time, so if more deals are reached in the coming days, it’s possible they could be attached to this one too.

To be clear, while putting together these swaps as a single mega-trade could result in minor additional pieces such as cash, a draft-rights player, or a two-way player (Katz mentions Daeqwon Plowden of the Hawks) being involved, it won’t meaningfully alter the players and picks changing hands.

It simply means that several trade agreements previously reported separately will be combined into one move to get them all done at once. That should make life easier for the league, which won’t have to process a bunch of separate trades that include certain players or draft picks.

It also means the trade will likely set a new NBA record for most teams involved in a single deal. That record was last set a year ago when six teams got together to complete the transaction that sent Klay Thompson to Dallas, Kyle Anderson and Buddy Hield to Golden State, and Josh Green to Charlotte.

Our breakdown of 2025 offseason trades can be found right here if you want to try to figure out how to get eight, nine, 10, or all 30 teams somehow involved in this deal.

Latest On Knicks’ Head Coaching Search

July 1st, 2025 at 2:29pm CST by Luke Adams

2:29 pm: The Knicks have been telling potential free agent targets that they’re nearing a resolution in their coaching search, per Marc Stein and Jake Fischer of The Stein Line (Twitter link).

8:54 am: Mike Brown‘s second interview for the Knicks‘ head coaching vacancy will take place on Tuesday, according to Ian Begley of SNY.tv, who reports (via Twitter) that team owner James Dolan will be part of that meeting.

As Begley observes, it’s common for a team’s owner to sit in on interviews during the late stages of a head coaching search, so Dolan’s involvement may suggest the Knicks are getting close to making a decision.

NBA insider Marc Stein (Twitter link) confirms that the Knicks’ interest in hiring Brown has “intensified,” though Begley cautions that it remains possible that other candidates could come in for second interviews. In particular, the club is considering bringing back Pelicans assistant James Borrego and Timberwolves assistant Micah Nori for second meetings, reports James L. Edwards III of The Athletic.

One scenario that has emerged as a possibility, according to Stein, is Borrego joining the Knicks as Brown’s top assistant if the former Kings head coach gets the job. As Begley notes (via Twitter), there would be some hurdles to clear in that scenario, since Borrego is already under contract as the associate head coach in New Orleans.

Outside of Brown, Borrego, and Nori, the only other candidate confirmed to have interviewed for the job was former Grizzlies head coach Taylor Jenkins. The Knicks haven’t ruled out the possibility of interviewing him a second time, tweets Steve Popper of Newsday.

Interestingly, Jeremiah Donati, the athletic director at the University of South Carolina, confirmed that the Knicks reached out to the Gamecocks’ women’s basketball coach Dawn Staley to touch base about their head coaching position, per Talia Goodman of On3 Sports (Twitter link). That development was first reported by Knicks Fan TV (Substack link).

It’s unclear if Staley had a formal interview for the job, writes Stefan Bondy of The New York Post. According to Edwards, she isn’t considered a finalist for the Knicks’ position, even though she “impressed” in their conversation.

Nickeil Alexander-Walker Heads To Hawks In Sign-And-Trade

June 30th, 2025 at 7:37pm CST by Dana Gauruder

July 6: The sign-and-trade deal sending Alexander-Walker to Atlanta is complete, according to press releases from the Hawks and Timberwolves.

June 30: Free agent guard Nickeil Alexander-Walker has agreed to a four-year, $62MM deal with the Hawks, ESPN’s Shams Charania reports (via Twitter).

The contract includes a fourth-year player option and a trade kicker, according to Charania (Twitter link).

The Hawks will acquire Alexander-Walker via a sign-and-trade using the $25MM trade exception created by last year’s Dejounte Murray trade, according to cap expert Yossi Gozlan (Twitter link). This will generate a trade exception for the Timberwolves worth half of Alexander-Walker’s starting salary.

The Timberwolves are also receiving cash considerations and a future second-rounder, Jon Krawczynski of The Athletic tweets. The pick is the Cavaliers’ 2027 second-rounder, according to Jake Fischer of The Stein Line (Twitter link).

By going the sign-and-trade route, Atlanta will be able to preserve its non-taxpayer mid-level exception and still has room under the luxury tax line to make use of it.

The Hawks were considered the frontrunners to acquire Alexander-Walker after the Timberwolves reached agreements with two of their other prominent players, Naz Reid and Julius Randle. According to insider Chris Haynes (Twitter link), Trae Young was instrumental in recruiting NAW to Atlanta.

Alexander-Walker emerged as one of the biggest names on the free agent market due to his three-and-D skills. He had a 23-point, six-assist outing against OKC in the Western Conference Finals.

The 26-year-old appeared in every regular season game this season, including 10 starts, averaging 9.4 points, 3.2 rebounds and 2.7 assists. He made 38.1 percent of his threes and has knocked down 36 percent of them in his career. He now slots in as the Hawks’ sixth man, backing up Dyson Daniels at shooting guard.

Knicks Among Teams With Interest In Russell Westbrook

June 30th, 2025 at 2:43pm CST by Rory Maher

The Knicks are a possible suitor for Russell Westbrook with free agency drawing near, report Marc Stein and Jake Fischer of The Stein Line (Substack link).

The Kings are also rumored to be interested in the three-time scoring champion, the authors note, and a potential reunion with the Nuggets remains in play.

Westbrook, who played a significant role with Denver this past season, is currently recovering from a procedure to repair multiple ligament tears in his right hand. The 36-year-old opted out of his $3.47MM player option earlier this month, making him an unrestricted free agent.

New York is expected to kick the tires on Tyus Jones as well, The Stein Line duo confirm. Ian Begley of SNY.tv reported earlier today that Jones could be a target for the Knicks.

Generally speaking, the Knicks, Pelicans and Timberwolves are among an “ever-growing list” of teams looking to acquire veteran backcourt help, according to Stein and Fischer.

Jesse Edwards, Emanuel Miller Sign Two-Way Qualifying Offers

June 30th, 2025 at 1:28pm CST by Rory Maher

Timberwolves big man Jesse Edwards has accepted his two-qualifying offer and so has Bulls forward Emanuel Miller, according to Michael Scotto of HoopsHype (Twitter links). The signings are official, per NBA.com’s transactions log.

Both players were restricted free agents after their respective teams issued them qualifying offers. By accepting the QOs, Edwards and Miller will each receive a small partial guarantee of $85K, but their two-way contracts are otherwise non-guaranteed and don’t count against the salary cap, so they could still be released at any point in the coming weeks or months.

Edwards, 25, only appeared in two NBA games for Minnesota, having spent the majority of his rookie campaign with the team’s G League affiliate in Iowa. The Dutch center went undrafted last year out of West Virginia after spending his first four college seasons with Syracuse.

Miller, 25, inked a two-way deal with Chicago in December after going undrafted out of TCU. He played in six games for the Bulls but was a mainstay in the NBAGL, first with the Dallas Legends and then the Windy City Bulls.

Joe Ingles Re-Signs With Timberwolves

June 30th, 2025 at 12:02pm CST by Arthur Hill

July 7: Ingles’ new deal with the Bucks is official, per NBA.com’s transaction log.

June 30: Joe Ingles will return to the Timberwolves on a one-year, $3.6MM contract, according to Shams Charania of ESPN (Twitter link). The deal was confirmed by agent Mark Bartelstein of Priority Sports.

It will be the 12th NBA season for Ingles, who saw limited playing time during his first year in Minnesota but was an inspirational figure in the locker room. The contract will be a veteran’s minimum deal and is projected to count for roughly $2.3MM against the cap.

Ingles, who’ll turn 38 in October, came to Minnesota as a free agent last summer. He only appeared in 19 games, averaging 0.8 points and 0.6 rebounds in 6.0 minutes per night. His lone start of the season was a heartwarming story, as coach Chris Finch inserted him into the starting lineup for a game in March because Ingles’ eight-year-old autistic son was able to attend.

Ingles, who has also been a member of the Australian national team since 2008, made his NBA debut with Utah in 2014 after nearly a decade of playing overseas. He spent eight seasons with the Jazz before moving on to Milwaukee in 2022 and Orlando in 2023.

Scotto’s Latest: Alexander-Walker, Richards, Capela, Kennard, Shamet

June 30th, 2025 at 10:34am CST by Arthur Hill

Echoing multiple reports, Michael Scotto of HoopsHype confirms that the Hawks and Pistons are considered to be the front-runners for Timberwolves guard Nickeil Alexander-Walker, but he lists other contenders as well. League sources tell Scotto that the Clippers and Raptors remain in pursuit of Alexander-Walker along with other teams. He adds that the Magic were also interested before trading for Desmond Bane.

Toronto may be a surprise considering its position near the bottom of the standings this year, but the Raptors are reportedly determined to make a quick turnaround. Scotto notes that Alexander-Walker is a Toronto native and the franchise has a history of bringing in Canadian players, with four on the roster this season.

Scotto talked with several executives around the league who expect Alexander-Walker to sign for at least the $14.1MM non-taxpayer mid-level exception. League sources told Scotto they don’t expect him to return to the Wolves after they reached new deals with Naz Reid and Julius Randle.

Scotto shares more rumors as the start of free agency draws near:

Center Nick Richards appears to be a trade candidate after the Suns drafted Khaman Maluach and agreed to acquire Mark Williams from Charlotte. Richards’ $5MM contract for next season became fully guaranteed on Sunday, and Scotto hears from league sources that the Knicks, Pacers and Lakers are among the teams with interest.
Clint Capela isn’t expected to return to the Hawks in the wake of the Kristaps Porzingis deal, and Scotto lists the Clippers, Lakers and Spurs as teams to watch for the free agent center.
Sources tell Scotto that Luke Kennard is likely to move on from the Grizzlies. The 29-year-old guard is one of the league’s top three-point shooters.
The Knicks would like to keep free agent guard Landry Shamet, but he’s being eyed by several contending teams, Scotto adds.

QO Updates: J. Walker, A. Mitchell, Two-Ways, Mann

June 30th, 2025 at 8:29am CST by Luke Adams

The Trail Blazers opted not to tender forward Jabari Walker a qualifying offer prior to Sunday’s deadline, reports Sean Highkin of The Rose Garden Report (Twitter link). As a result, Walker will become an unrestricted free agent.

Walker put up solid numbers in a limited role for Portland last season, averaging 5.2 points and 3.5 rebounds in 12.5 minutes per game, with a .515/.389/.690 shooting line, across 60 appearances. However, his playing time dropped off significantly from the previous year, a signal that the Blazers were prioritizing other young players over the 22-year-old.

Meanwhile, the Thunder issued Ajay Mitchell a qualifying offer, according to Keith Smith of Spotrac (Twitter link), who notes that it’s a procedural move for Oklahoma City, since the second-year guard has already agreed to sign a three-year, $9MM contract with the team. The QO will just ensure he’s a restricted free agent when free agency opens — he’ll be able to officially finalize that new deal on July 6.

The following players who finished the 2024/25 season on two-way contracts also received qualifying offers ahead of Sunday’s deadline, per Smith (unless otherwise indicated):

Branden Carlson, Thunder (link)
Jesse Edwards, Timberwolves (link)
Tyson Etienne, Nets (link)
Trentyn Flowers, Clippers (link)
Mac McClung, Magic (link)
Tristen Newton, Timberwolves (link)
Oscar Tshiebwe, Jazz (link via Tony Jones of The Athletic)

In each of these cases, the player’s qualifying offer is equivalent to another one-year, two-way deal, with a small portion (approximately $85K) guaranteed.

While a rival team could technically sign any of these players to an offer sheet during free agency, we essentially never see that happen with two-way free agents. Most of them end up either accepting their two-way QOs or agreeing to new standard contracts with their current teams.

While it’s possible that news of a qualifying offer slipped through the cracks within the last 24 hours, it appears that RealGM’s official transaction log is up to date with all of the QOs that were issued prior to Sunday’s deadline.

If that’s the case, one notable player who didn’t receive a qualifying offer is Hornets guard Tre Mann. His QO would have been worth about $6.96MM, but if Charlotte didn’t put it on the table, that means he’s on track to be unrestricted when free agency opens later today.

[UPDATE: Mann didn’t receive a qualifying offer, Michael Scotto of HoopsHype confirms (via Twitter).]

We’ll publish our full recap of 2025’s qualifying offer decisions later this morning.