Minnesota Timberwolves Rumors | Hoops Rumors

Board Of Governors Unanimously Approves Timberwolves Sale

June 24th, 2025 at 4:16pm CST by Dana Gauruder

The NBA’s Board of Governors has unanimously approved the sale of the controlling interests in the Timberwolves and the WNBA’s Minnesota Lynx from Glen Taylor to Marc Lore and Alex Rodriguez, the league announced in a press release (Twitter link). The transaction is expected to close this week.

According to Chris Hine of the Minneapolis Star Tribune, the transfer will occur on Wednesday.

The BOG’s approval ends a lengthy battle for majority control of the franchise.

“We are honored to lead the Timberwolves and Lynx into a bold and exciting new era,” Lore said in a statement released by the Timberwolves. “Today marks a momentous milestone for us, and we fully recognize the great responsibility that comes with serving as stewards of these exceptional franchises. We are committed to building an organization that sets the standard for excellence, is universally admired, and rooted in pride that spans generations.”

“I’ve dedicated my entire life to the world of sports; not just as a game, but as a powerful force that unites people, uplifts communities, and changes lives,” Rodriguez added in the same statement. “I’m incredibly honored and energized to roll up my sleeves and get to work. I know what it takes to be a champion, and I’m ready to bring that same commitment and drive to create a winning culture in Minnesota.”

Taylor nixed the previous tiered payment agreement with Lore and Rodriguez in the spring of 2024, citing a breach of contract and a failure to meet a payment deadline. Lore and Rodriguez disputed that characterization, stating that they had the funds necessary to become majority owners but were awaiting NBA approval and should have been entitled to an extension.

The third payment that was in dispute would have increased Lore and Rodriguez’ share from 36% to about 80% and the purchase agreement stipulated that they could buy out Taylor’s remaining 20% stake anytime before March 2025.

The dispute went to mediation and then a November 2024 arbitration hearing. The arbitrators ruled in favor of Lore and Rodriguez in February. Taylor eventually chose not to appeal the decision, clearing the way for the Board of Governors to vote on the sale. Lore and Rodriguez needed at least 23 votes from the BOG.

Taylor is selling 100% ownership to the Lore/Rodriguez group at the $1.5 billion valuation that was initially agreed upon in 2021. The franchise’s value has increased substantially since that deal was made, which was believed to be a major factor in Taylor’s efforts to try to halt the sale.

Hine notes that Forbes recently estimated the Wolves value at $3.1 billion, with Sportico saying the Lynx are valued at $85MM.

Lore and Rodriguez will serve as co-chairmen, with Lore assuming the role of the Timberwolves’ governor and Rodriguez as alternate governor.

Wolves Assistant Micah Nori Interviewing With Knicks

June 24th, 2025 at 8:02am CST by Arthur Hill

Timberwolves assistant Micah Nori is the latest high-profile candidate to interview for the Knicks‘ head coaching vacancy, sources tell Shams Charania of ESPN (Twitter link).

Nori, 51, has been an NBA assistant since 2009 and came to Minnesota as lead assistant prior to the 2021/2022 season. He is best known for replacing Chris Finch as the team’s sideline coach during last year’s playoffs after Finch was injured in a collision with a player.

Nori recently interviewed for the Suns’ head coaching job before Jordan Ott was hired, and he was among the list of nine finalists for the position. He also had interviews with the Pistons and Cavaliers last summer.

Nori, who started his NBA career in Toronto and also spent time with Sacramento, Denver and Detroit, has established himself as one of the NBA’s top assistant coaches and has been viewed as a likely future head coach for several years. In a recent interview, Minnesota president of basketball operations Tim Connelly predicted that Nori would land a head coaching job soon.

Nori is the third known candidate to conduct a formal interview for the Knicks’ opening, joining former Kings coach Mike Brown and former Grizzlies coach Taylor Jenkins. Numerous reports indicate that New York is also monitoring Jason Kidd’s status in Dallas in case he doesn’t receive an extension this summer and tries to force his way out.

Mavericks assistant Sean Sweeney, who is headed to San Antonio to become associate head coach under Mitch Johnson, turned down an opportunity to interview with New York, according to Steve Popper of Newsday. Popper suggests the Knicks’ pursuit of Sweeney is a sign that they recognize Kidd may be an unrealistic option.

And-Ones: Taylor, Parker, Avdija, Power Rankings

June 23rd, 2025 at 8:28pm CST by Dana Gauruder

Maria Taylor has officially been named NBC Sports’ lead studio host for the NBA and WNBA, according to an NBC Sports press release.

NBC reacquired the rights to NBA games in an 11-year agreement with the league last summer and will begin its coverage in 2025/26. Taylor will host NBC Sports’ NBA studio programs on Sunday and Tuesday nights alongside analysts Carmelo Anthony and Vince Carter.

Taylor has been the lead host of Football Night in America since 2022. Taylor also served as a host for the Tokyo, Beijing, and Paris Olympics and numerous other major events.

Here’s more from around the international basketball world:

Jabari Parker, the No. 2 pick of the 2014 draft, will play for a different European team next season. Parker and FC Barcelona have mutually agreed on an early termination of their contract, Johnny Askounis of Eurohoops.net relays. Parker is expected to stay in the EuroLeague and join Partizan Mozzart Bet for the 2025/26 season. He averaged 13.8 points, 4.0 rebounds, 1.7 assists, and 0.8 steals per game over 39 appearances last season in the EuroLeague.
Trail Blazers forward Deni Avdija is among 20 players on the preliminary roster announced by the Israeli Basketball Association for the EuroBasket tournament this summer, according to Askounis. Israel is scheduled to compete in Group D of the preliminary round, facing Iceland, Poland, France, Belgium, and Slovenia in Katowice from Aug. 28-Sept. 4. Avdija made his debut for the Israeli national team in 2019.
Not surprisingly, the champion Thunder are at the top of The Athletic’s and ESPN’s power rankings for next season. The Pacers, Knicks, Timberwolves and Cavaliers round out The Athletic’s top five. ESPN has a much different top five, going with the Timberwolves at No. 2, followed by the Nuggets, Cavs and Rockets.

Scotto’s Latest: Thunder, Pacers, Kings, Barrett, Rockets, Wolves, KD

June 23rd, 2025 at 4:09pm CST by Luke Adams

Their seasons ended less than 24 hours ago, but the Thunder and Pacers will have significant roster decisions to make in the coming days, and executives around the NBA are keeping an eye on both teams to see how they’ll handle them, writes Michael Scotto of HoopsHype.

The Thunder have the ability to essentially run it back with their same roster, since 13 of their players are on guaranteed deals for next season, while the team holds cost-effective options on the other two. However, Oklahoma City also has multiple first-round picks at No. 15 and No. 24 and could be facing a roster crunch.

According to Scotto, rival executives believe the Thunder may either trade the No. 24 pick for a future first-rounder or use it to select a potential draft-and-stash prospect like Hugo Gonzalez or Noah Penda. Execs also view former lottery pick Ousmane Dieng as a possible trade candidate as he enters the final year of his rookie scale contract, Scotto notes.

Meanwhile, with Tyrese Haliburton potentially sidelined for all of the 2025/26 season after tearing his Achilles, people in league circles are wondering if the Pacers and team owner Herb Simon are still prepared to go into luxury-tax territory in 2025/26 to re-sign Myles Turner and keep their roster intact, says Scotto. There’s an expectation that rivals will inquire this summer on the trade availability of role players like Bennedict Mathurin, Obi Toppin, and Jarace Walker, Scotto adds.

Here’s more from Scotto:

Although a Sacramento Bee report over the weekend indicated that the Kings haven’t yet engaged in trade discussions about Malik Monk, Scotto hears from sources that the team has gauged the market on both Monk and Devin Carter as it seeks a potential first-round pick and a point guard upgrade. Sacramento was unwilling to move Carter when the club talked to the Nets about Cameron Johnson prior to the trade deadline, Scotto writes, but Scott Perry has replaced Monte McNair as the Kings’ head of basketball operations since then and may not be as attached to last year’s No. 13 overall pick.
According to Scotto, the Raptors have continued to gauge the trade market for forward RJ Barrett. The former No. 3 overall pick hasn’t come off the bench since his rookie year in 2019/20, but could be the odd man out of Toronto’s starting five with Brandon Ingram set to make his Raptors debut this fall.
Rockets head coach Ime Udoka, who spent a season with Kevin Durant in Brooklyn, was in favor of the Celtics trading for Durant during his time in Boston and advocated for Houston to acquire the star forward this summer, per Scotto. In addition to reuniting with Udoka, Durant will be teaming up again with friend and fellow Texas alum Royal Ivey — the Rockets assistant interviewed for the Suns‘ head coaching vacancy and turned down interest from the Grizzlies and Spurs for assistant coaching positions, Scotto reports.
In addition to being concerned about Durant’s lack of enthusiasm for Minnesota, the Timberwolves didn’t want to lose Rudy Gobert, a Suns target in trade talks, which is why the Wolves didn’t end up beating Houston’s offer for the 15-time All-Star, Scotto explains. Giving up Gobert and potentially having Durant play alongside Julius Randle in their frontcourt wasn’t considered an “ideal pairing defensively” for the Wolves, Scotto writes.

Ben Tenzer To Become Nuggets’ EVP Of Basketball Operations

June 23rd, 2025 at 8:21am CST by Arthur Hill

The Nuggets will name Ben Tenzer executive vice president of basketball operations and add Timberwolves executive Jon Wallace to their front office as executive vice president of player personnel, sources tell Shams Charania of ESPN (Twitter link). They will both report to vice chairman Josh Kroenke, Charania adds.

Tenzer has been serving as interim general manager since the team made the surprising decision to fire former GM Calvin Booth and head coach Michael Malone in the final week of the regular season. Tenzer joined the organization in 2012 and was promoted to vice president of basketball operations in 2023.

Wallace formerly worked for the Nuggets, joining the team in 2019 as a basketball operations associate and working his way up to scouting coordinator. He left for Minnesota in 2022 to become director of player personnel and general manager of the team’s G League affiliate, the Iowa Wolves. Wallace played college basketball at Georgetown and spent three years as an assistant on Patrick Ewing‘s staff with the Hoyas.

The Nuggets’ restructuring of their front office is now complete with the draft looming on Wednesday and Thursday, and free agency set to start next Monday.

Suns Notes: Beal, Green, Wild-Card Suitors, Lanier, Durant, Cousins

June 22nd, 2025 at 7:07pm CST by Dana Gauruder

With the Suns agreeing to trade Kevin Durant to the Rockets, Phoenix radio talk show host John Gambadoro continues to believe the team will either trade or buy out Bradley Beal, he said on The Kevin O’Connor Show (Twitter video link).

Of course, Beal has a no-trade clause and would have to agree to waive it for a deal to be made. If the Suns are unable to trade or buy out Beal, then they’d have to hope he could rebuild his value on the court. Gambadoro previously noted that head coaching candidates were asked how they would utilize Beal if he’s still on the roster.

Cap expert Yossi Gozlan (Twitter link) looks back at the buyouts of Kemba Walker and Blake Griffin in recent seasons as examples of what Beal might be willing to give back, presuming the three-time All-Star could receive a full non-taxpayer mid-level exception deal elsewhere. If Beal were willing to give up 25 percent of his current contract with two years left, the cap hits for the Suns would total $40.25MM and $42.85MM.

Here’s more on the Suns:

While the Suns now seemingly have two combo guards with similar skills, they are not planning to move Jalen Green, Gambadoro tweets. Instead, the Suns will look to pair him with Devin Booker in the backcourt and see how they’ll mesh. Green has shown durability, appearing in every game over the past two seasons. He averaged 21.0 points and 3.4 assists this season.
While Durant negotiations were primarily focused on the Heat, Rockets and Timberwolves, several wild-card suitors emerged, including the Raptors, Cavaliers, Nuggets and Clippers, according to ESPN’s Shams Charania. The Cavs, in particular, were a long shot since they would have needed to send out enough salary to get under the second apron for 2025/26. Otherwise, they wouldn’t have been allowed to aggregate salaries. Since the Suns are also a second-apron team, a deal between Phoenix and Cleveland would have required the involvement of at least one more club.
Tennessee guard Chaz Lanier worked out for the Suns on Friday, Duane Rankin of the Arizona Republic tweets. Lanier set the Volunteers’ single season record for made three-pointers with 123 this past season. He’s ranked No. 38 overall on ESPN’s Best Available list. The Suns own the 29th and 52nd picks in addition to the 10th and 59th selections they’re acquiring from Houston.
Earlier in the weekend, Durant brushed off a comment by former NBA center DeMarcus Cousins, who claimed on Fan Duel’s Run It Back show that there were “fistfights” in the Suns locker room. As Rankin relays, Durant responded on social media that Cousins’ source for that claim was “lying” and that there were “NEVER” any locker room fights.

2025 NBA Offseason Preview: Minnesota Timberwolves

June 22nd, 2025 at 6:03pm CST by Luke Adams

After making it to the Western Conference Finals in 2024 for the first time in 20 years, the Timberwolves found themselves at the center of a battle over team ownership and facing an increasingly concerning long-term salary cap situation entering last summer.

Glen Taylor was fighting to stop minority stakeholders Marc Lore and Alex Rodriguez from gaining majority control of the franchise at the same time that Anthony Edwards' Rose rule rookie scale extension took effect, which gave the Wolves a trio of max-salary players and pushed the team's salary above the restrictive second tax apron.

A year later, much has changed in Minnesota. Longtime Timberwolves star Karl-Anthony Towns, the club's No. 1 overall pick back in 2015, was traded to New York before the 2024/25 season began; Lore and Rodriguez ultimately won their protracted struggle with Taylor for ownership of the team; and Edwards is now the only maximum-salary player on Minnesota's roster after Towns was traded and Rudy Gobert took a pay cut on his latest contract extension.

But there was one notable constant that carried over from 2024 to 2025: the Timberwolves made it back to the conference finals for a second straight time this spring.

It wasn't just the first time in franchise history that the team had accomplished that feat in back-to-back seasons -- it was the first time the Wolves had won even a single playoff series in consecutive years. The club, which made its NBA debut in 1989, has compiled just six postseason series victories in its history, and four of them have occurred within the past two years.

As talented as some of those Kevin Garnett-led Timberwolves teams in the late 1990s and early 2000s were, you could make a strong case that this 2020s iteration of the Wolves is the best the club has ever been.

Still, there's work to be done, not just to get the Wolves to the next level but to make sure they don't drop off at all from their current level. In Julius Randle, Naz Reid, and Nickeil Alexander-Walker, Minnesota will have three of the NBA's top 15 free agents this summer and may not be able to bring all of them back. And even if the front office can retain that trio, more upgrades may be necessary to turn the Wolves from a perennial playoff team into a legitimate championship threat.

Figuring out how to take that next step will be the challenge facing president of basketball operations Tim Connelly this offseason.

The Timberwolves' Offseason Plan

Technically, there's a possibility that Connelly won't be the one making the roster decisions facing the Timberwolves this summer. He has an opt-out clause in his contract that gives him the ability to leave the team if he so chooses. However, there has been absolutely no indication he's thinking about taking that route.

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Trade Rumors: Lakers, Bucks, Durant, Wolves

June 21st, 2025 at 8:46pm CST by Arthur Hill

The Lakers‘ obvious need for a center is hurting their chances of finding one, according to Anthony Irwin of ClutchPoints. Sources close to the team and around the league tell Irwin that the offseason pursuit of a big man has been frustrating so far because rival clubs are hoping to take advantage of L.A.’s predicament.

“The worst spot you can put yourself in is trying to negotiate while everyone knows about your desperation,” a former executive told Irwin. “The whole league knows that not only do the Lakers need a starting center and probably a backup, but they need to bring someone in who Luka (Doncic) is going to want to play with. They basically have to hope someone else reaches their current level of desperation so that the talks can be held on even footing.”

Jaxson Hayes, who’s headed toward free agency, took over as the starting center after Anthony Davis was traded to Dallas in February. He put up solid numbers during the regular season, but was ineffective in a first-round playoff loss to Minnesota and wasn’t used at all in the deciding Game 5.

Irwin hears from sources close to the team that the Lakers hope to trade for their starting center and use the $5.7MM taxpayer mid-level exception to sign a backup. According to Irwin’s sources, L.A. has been involved in discussions with the Nets about Nic Claxton, the Trail Blazers about Robert Williams and the Jazz about Walker Kessler. He adds that potential free agent targets include Brook Lopez and Clint Capela.

Here are a few more trade-related notes and rumors from around the NBA:

The Bucks remain confident about keeping Giannis Antetokounmpo and will focus on trades and free agent signings to complement the two-time MVP, according to Bobby Marks of ESPN. The Khris Middleton trade in February moved Milwaukee below the projected tax line for 2025/26, creating access to the $14.1MM non-taxpayer mid-level exception. The Bucks also have the $5.1MM bi-annual exception, though ESPN’s story points out that it will be difficult financially to use both exceptions while re-signing Lopez and Bobby Portis.
The Suns are finding it hard to get value for Kevin Durant because there isn’t an “open market,” explains Brian Windhorst of ESPN (YouTube link). Durant has manipulated the market by insisting that he’ll only sign an extension with Houston, San Antonio or Miami, and Windhorst says that advantage has given those teams leverage to limit their offers. He also points out that Durant is Phoenix’s only major trade asset due to its insistence on keeping Devin Booker, so it’s important to maximize the return.
The Timberwolves seem more likely to keep the 31st pick in the draft than the 17th, writes Chris Hine of The Star Tribune. The first-round pick, which was acquired from New York last fall, comes with a $4.2MM salary, which could hamper the effort to re-sign Naz Reid, Nickeil Alexander-Walker and possibly Julius Randle while staying below the second apron. Hine hears that the Wolves’ front office likes having the first pick in the second round and expects to get a lot of offers between the first and second days of the draft.

Rudy Gobert Will Reportedly Miss EuroBasket 2025

June 21st, 2025 at 12:00pm CST by Rory Maher

Timberwolves center Rudy Gobert will not compete in this summer’s EuroBasket tournament, according to Yann Ohnona of French outlet L’Equipe.

A longtime member of France’s national team, Gobert suggested in February that he was likely to sit out the event, per RealGM.

“After the Euro, it’s always harder, that’s when you feel the backlash. And you don’t recover the same at 33 years old than at 23,” said Gobert, who turns 33 next week.

The four-time Defensive Player of the Year has not missed an international competition with France since 2017, Ohnona writes. That was also a EuroBasket tournament.

Gobert, who was named to the All-Defensive Second Team this season with Minnesota, has won a total of six medals with France, including a pair of silvers at the 2021 and 2024 Olympics. Spurs star Victor Wembanyama is also considered unlikely to play for France this summer after being diagnosed with a deep vein thrombosis — a blood clot — in his right shoulder in February, Ohnona notes.

EuroBasket 2025 begins August 27 and runs through September 14.

Latest From Fischer, Stein: KD, Suns, Ware, Raptors, Knicks, Donovan

June 21st, 2025 at 10:37am CST by Rory Maher

The Suns continue to project confidence that a trade involving star forward Kevin Durant will be agreed to before June 25, the first night of the 2025 NBA draft, sources tell Jake Fischer and Marc Stein of The Stein Line (Substack link).

According to the authors, Phoenix’s front office — led by new general manager Brian Gregory — is “quietly hopeful” it will be able to land a first-round pick in a potential Durant deal to use next Wednesday. The team currently controls one late first-rounder (No. 29 overall) and one late second-rounder (No. 52).

Fischer and Stein point to the first-round selections controlled by the Raptors (No. 9), Rockets (No. 10), Timberwolves (No. 17) and Heat (No. 20) as examples of some of the picks the Suns have tried to acquire in Durant trade talks. But they also haven’t been thrilled with the offers they’ve received to this point, which is why a deal has yet to come together.

Here’s more from The Stein Line duo:

The Heat have been “firmly against” including big man Kel’el Ware in their offers to the Suns for Durant, sources tell Fischer and Stein. The 15th pick of last year’s draft, Ware was named to the All-Rookie Second Team in 2024/25 after a solid debut season. Phoenix is believed to be prioritizing draft capital from Miami with Ware evidently off-limits.
Fischer and Stein confirm that the Raptors also are unwilling to part with starting center Jakob Poeltl to acquire Durant. Assuming he isn’t moved, league sources tell The Stein Line that Toronto and the Austrian big man have mutual interest in a contract extension “in the near future.”
Toronto continues to be active in trade talks, particularly when it comes to the draft. According to Fischer and Stein, the Raptors have expressed an openness to moving down from No. 9, but have also discussed the possibility of trying to add a second lottery pick. No matter which pick(s) they ultimately control, rival teams believe the Raptors are focused on drafting a center.
The Knicks are not expected to hire a head coach until after next week’s draft, which will take place over two days (the second round is on Thursday), one person familiar with the matter told The Stein Line. Mike Brown and Taylor Jenkins interviewed for the job this week and both of the former head coaches are believed to have “levels of support” in New York. According to Fischer and Stein, Brown is said to be close with executive William Wesley, while Jenkins reportedly impressed the team in his interview.
Although New York was denied permission to interview Billy Donovan, the Bulls claim their extension talks with their head coach preceded that request, per Fischer and Stein. “They love him,” one source familiar with management’s thinking said of Chicago’s fondness for Donovan. Stein first reported that the Bulls and Donovan were finalizing an extension.
In case you missed it, Fischer and Stein also reported that multiple teams have shown interest in Suns wing Cody Martin as part of the Durant trade talks.