Timberwolves Rumors

Spurs Sign Matt Costello To Two-Way Deal

July 24: The signing is official, according to a team press release.

July 20: The Spurs are set to sign Summer League standout Matt Costello to a two-way contract, according to ESPN’s Zach Lowe (Twitter link). It will be the first two-way deal in the franchise’s history.

A Michigan State alum, Costello went undrafted in 2016, but caught on with the Hawks and spent training camp with the club. The big man didn’t make Atlanta’s regular season roster, but was signed – and then waived again – by the Grizzlies at the end of the preseason so that Memphis could gain his G League rights. Costello ultimately spent the season with Iowa, averaging 9.5 PPG and 10.3 RPG in 23 contests.

Costello showed off his rebounding prowess again this summer in Las Vegas, as his 12.0 RPG led all players in Summer League action. The 23-year-old played for the Timberwolves’ squad in Summer League, and according to Darren Wolfson of 5 Eyewitness News (Twitter link), Minnesota also had significant interest in locking up Costello to a two-way contract. However, he’ll make the move to San Antonio, and figures to spend much of 2017/18 with the Austin Spurs.

For more information on how two-way contracts work and how much they pay, be sure to check out our FAQ.

Latest On Kyrie Irving

There’s little chance that the Cavaliers will salvage their relationship with Kyrie Irving, according to ESPN’s Zach Lowe, who says the team is “acting as if a trade is almost inevitable.” Per Lowe, the Cavs also seem confident that they’ll be able to land a significant haul for Irving, despite the fact that stars like DeMarcus Cousins, Paul George, and Jimmy Butler have returned underwhelming hauls so far this year.

Lowe’s latest piece on Irving explores possible trade scenarios involving the Suns, Celtics, Heat, Knicks, Hawks, Bucks, Nuggets, Timberwolves, Pelicans, and more. While many of those proposed scenarios appear to be speculation on Lowe’s part, they give the impression that the Cavs certainly won’t be limiting themselves to Irving’s reported wish list of four teams as they seek out the best possible deal.

Here’s more from Lowe, along with other updates on Irving:

  • The Cavaliers‘ highest priority in an Irving trade is to get a “blue-chip” young player in return, sources tell Lowe. Cleveland’s ideal scenario would be a deal that nets the club that blue-chip player, plus a veteran or two, plus draft picks. In other words, the Cavs are aiming for a trade package that provides the best of both worlds — players that can help the team contend for a championship in the short term, and valuable long-term assets.
  • Since Irving made his trade request, the Cavaliers‘ front office has studied every trade involving a star player over the last decade, per Lowe. One particular deal that caught the club’s eye was the one that sent Goran Dragic from Phoenix to Miami for a package that included multiple first-round picks.
  • Many teams, including the Celtics, have called the Cavaliers to let them know they want to be kept in the loop as trade talks progress, writes Lowe.
  • The Nets still have a chunk of salary cap room remaining and could be an interesting trade partner in a multi-team scenario, but there have been no rumblings yet about their potential participation, according to Lowe.
  • The Kings have no interest in moving De’Aaron Fox in a deal for Irving, reports James Ham of CSNBayArea.com.
  • One Western Conference team executive tells Chris Mannix of The Vertical that he thinks the Cavaliers may end up having to wait until after December 15 to make a deal, after this year’s free agent signees become trade-eligible. If that happens, it might create an awkward few months in Cleveland, with Irving still on the roster when the season begins.

Latest On Kyrie Irving

Kyrie Irving‘s request to be traded is the latest story to rock the league during an eventful offseason. The news broke Friday, but Irving’s meeting with Cavaliers owner Dan Gilbert took place about two weeks ago, according to Terry Pluto of Cleveland.com.

The Cavs tried to keep it quiet so they could work on a deal without the distractions that are starting to happen now. Apparently some players learned about the news and started talking, which is how the trade request became public.

Pluto also speculates that Irving’s demand validates rumors last month that former Bulls star Jimmy Butler was warned by Cavaliers players not to push for a trade to Cleveland. They have a close friendship, so Irving may have told Butler that he was planning to leave the team. Butler was subsequently traded to the Timberwolves, one of the teams Irving included on his list of preferred destinations, along with the Spurs, Knicks and Heat.

There’s more today on the Irving trade front:

  • The Wolves have a strong interest in acquiring Irving, even though they just signed former Pacers point guard Jeff Teague, Pluto adds in the same story. Pluto believes the Cavs should ask for Andrew Wiggins, whom the Cavs made the overall No. 1 draft pick in 2014, as part of the deal. Butler and Karl-Anthony Towns are untouchable, but Wiggins will be a free agent next summer if he doesn’t sign an extension before the October deadline.
  • The Knicks have offered Carmelo Anthony and a parcel of draft picks, adds Pluto, who says Cleveland should insist on Kristaps Porzingis. Other teams that have expressed interest include Sacramento, with rookie De’Aaron Fox as part of the offer, and Phoenix, with a package centered around Eric Bledsoe.
  • Pluto also notes that a trade would take away Irving’s opportunity to sign a super-max extension like the one John Wall just agreed to with the Wizards. The move could cost Irving between $50MM and $70MM.
  • Butler and Towns have done some recruiting work with Irving and have made it clear to Wolves management they would like to acquire him, according to ESPN’s Brian Windhorst, who first broke the story of Irving’s trade request. Windhorst believes Teague would likely be included in any Minnesota-Cleveland deal and notes that as a newly signed free agent he can’t be traded until December 15th.
  • The Spurs would be Irving’s first choice if he could pick a team, writes Adam Zagoria of Zagsblog.
  • The Cavaliers had a deal on the table involving Irving before the draft, according to Joe Vardon of Cleveland.com. The trade was put together by former GM David Griffin, but the Cavaliers didn’t pull the trigger because they didn’t know that Irving wanted to leave.

Northwest Notes: Westbrook, Crawford, Singler, OKC

Russell Westbrook can sign a supermax Designated Veteran Player Exception deal with the Thunder worth over $235MM over six years, which would make him the highest paid player in NBA history. However, money is not the determining factor over Westbrook’s future, Erik Horne of The Oklahoman writes.

For starters, uncertainty surrounding the Thunder’s roster in future seasons makes Westbrook signing a longterm contract uncertain — despite the Thunder being optimistic it will get done. As Horne explains, Westbrook does not have the option to sign another shorter-term pact like he did last year, signing a three-year, $85.7MM extension. As Horne mentions, under the new collective bargaining agreement, Westbrook cannot extend his current deal unless it’s a five-year max: meaning it’s max or nothing.

The reigning Most Valuable Player has set himself up to be paid handsomely — whether it is this offseason or next, when he can hit free agency and pursue other options. Westbrook will earn $28.5MM in 2017/18 but that could prove to be chump change if and when he signs a longterm max deal.

Below are additional notes surrounding the Northwest Division:

  • In separate piece for The Oklahoman, Horne suggests that Kyle Singler may be an optimal candidate for the stretch provision. The 29-year-old has averaged less than four points per game in Oklahoma City in two seasons and is owed $9.66MM over the next two seasons. To save cap space, the stretch provision could stretch out Singler’s salary over seven seasons and open up a roster spot for the Thunder, Horne notes.
  • Once again for the Oklahoman, Horne answers four key questions surrounding the Thunder. Among the burning questions include when 2017 draft pick Terrance Ferguson will sign, if and when the Thunder hires a new assistant coach, if any additional moves will be made, and Westbrook’s aforementioned contract dilemma.
  • Newest member of the Timberwolves, Jamal Crawford, pursued a deal with an up-and-coming contender rather than a perennial championship contender. The 37-year-old briefly spoke to the Star Tribune’s Jerry Zgoda about his decision to sign with Minnesota, stating that it “made sense on every level.”
  • Michael Rand of the Star Tribune looks at five potential free agent signings for Minnesota. On the list are three players who have connections to head coach Tom Thibodeau (C.J. Watson, Mike Dunleavy, and Tony Allen) and two productive veterans (Anthony Morrow and Andrew Bogut).
  • Justin Zanik and David Morway are joining the Jazz as high-ranking front office executives, according to ESPN’s Adrian Wojnarowski (via Twitter). Ryan McDonald of Deseret News breaks down the move and provides information on both men and their ties to Utah.

Extension Candidate: Andrew Wiggins

Three weeks into the 2017/18 NBA league year, no players eligible for rookie scale extensions have signed new deals. However, that doesn’t mean that none of those fourth-year players are engaged in negotiations with their respective teams.Andrew Wiggins vertical

Timberwolves head coach and president of basketball operations Tom Thibodeau confirmed this week that Minnesota is indeed working on a new contract for Andrew Wiggins, who is one of those 21 players eligible for a rookie scale extension. The No. 1 overall pick from the 2014 draft and a former Rookie of the Year, Wiggins has easily been the highest-scoring player of his draft class since entering the NBA, and is one of the most worthy candidates for a new deal.

While Wiggins is a good bet to sign a contract extension with Minnesota this offseason, the length and overall value of that new deal remain up in the air. Reports this week from The Star Tribune and ESPN rightly note that Wiggins is eligible for a five-year extension worth just shy of $148MM, based on current salary cap projections for the 2018/19 season. However, it’s not clear if Thibodeau himself confirmed that a five-year deal is the probable outcome.

Neither the Star Tribune nor the ESPN report cites any sources saying that the two sides are discussing a five-year deal, and there are no quotes from Thibodeau suggesting as much. ESPN’s report doesn’t even include a byline. Still, while it’s possible that it’s just speculation, the Tribune’s Jerry Zgoda is very plugged in on the Wolves, so if he suggests a five-year extension is in play, it’s certainly been considered by the organization.

If a team wants to sign a player entering the final year of his rookie contract to a five-year extension, that means making him a “Designated Player” and offering him a maximum salary deal. There’s some wiggle room in regard to what constitutes a “maximum” salary for Wiggins — language could be included in the contract that ensures he receives a max worth up to 30% of the cap starting in 2018/19 if he makes an All-NBA team, as opposed to 25% if he doesn’t. But even if Wiggins doesn’t earn All-NBA honors, a max deal would still start at a projected $25.5MM in ’18/19, increasing by 8% annually up to $33.66MM by 2022/23.

That would be a massive investment for a Timberwolves team that also has to consider Karl-Anthony Towns‘ impending payday. And while it’s possible that the franchise will ultimately be willing to roll the dice on that sort of five-year max for Wiggins, I don’t think it’s a lock.

Star players who receive five-year maximum salary rookie scale extensions from their teams often complete those deals very quickly when the new league year gets underway. In recent offseasons, Kyrie Irving (2014), Anthony Davis (2015), and Damian Lillard (2015) all agreed to max extensions before the July moratorium came to an end. If a maximum salary offer is on the table, little negotiating is required, and those deals generally don’t take long to finalize.

Additionally, it’s worth considering that 2016’s rookie scale extension class didn’t include a single five-year, maximum salary deal. C.J. McCollum, Steven Adams, and Rudy Gobert were among the candidates for max extensions who ended up accepting a little less. Most notably, Giannis Antetokounmpo signed a four-year, $100MM contract that fell short of the max. Antetokounmpo is only two months older than Wiggins and is a far more complete player at this point in his career, so the Wolves’ front office may use that deal as a point of comparison in negotiations with Wiggins.

Conversely, Wiggins’ camp should be able to make a pretty strong case that he’s worth a maximum salary investment. Few young players in the NBA are as talented on offense as Wiggins, who has increased his PPG from 16.9 to 20.7 to 23.6 over the course of his three NBA seasons. He even added a more reliable three-point shot to his arsenal in 2016/17, making a respectable 35.6% of his long-distance attempts.

Of course, as good as Wiggins is on offense, his performance in many other areas of the game has been lacking. In particular, his play on defense last season was frustrating — the Timberwolves’ defensive efficiency numbers with Wiggins on the court were substantially worse, and the eye test confirmed that the former No. 1 pick was getting beat far too often.

Additionally, while Wiggins is hardly expected to be the Wolves’ top distributor or rebounder, his lack of production in both areas was noticeable. No player in the NBA played more overall minutes last season than Wiggins, but his 4.0 RPG average was modest for a 6’8″ forward, and his career-high 2.3 APG average was also low for a player with the ball in his hands so often.

Although Wiggins has been a fairly one-dimensional player through the first three years of his career, his offensive ability and his age are both significant factors working in his favor. Even if he never develops into an above-average defender, he looks capable of averaging 25+ PPG, and there simply aren’t many players in the NBA who have the ability to score like that night in and night out.

Wiggins’ age, meanwhile, suggests that his best is yet to come, and a contract extension with the Wolves figures to cover many of his prime years. Wiggins’ new teammate Jimmy Butler serves as a tantalizing point of comparison for the 22-year-old. When he was Wiggins’ age, Butler was in the midst of struggling through a rookie season in which he only played 359 total minutes.

Butler, who didn’t enter the league as fully formed on offense as Wiggins, also didn’t post great rebounding or assist numbers right away — in his first season as a full-time starter, the ex-Bulls forward averaged 4.9 RPG and 2.6 APG in 38.7 MPG. By comparison, last season, in fewer minutes per game, Butler posted 6.2 RPG and 5.5 APG to go along with impressive production on both offense and defense.

Not all players develop like Butler did, but Wiggins has the advantage of working with the same coach the three-time All-Star played under for several seasons. If Thibodeau’s defensive-minded approach rubs off on Wiggins, he’s capable of becoming one of the game’s elite players and earning every dollar of a maximum salary extension.

Right now though, that sort of commitment would have to be made with confidence in Wiggins’ ability to develop into a more complete all-around player, since the current version of the young forward probably isn’t worth a max investment.

Photo courtesy of USA Today Sports Images.

Crawford On Joining Minnesota

Thibodeau: Wolves Working On Wiggins Extension

Appearing today at a press conference to introduce newly-signed guard Jamal Crawford, Timberwolves head coach and president of basketball operations Tom Thibodeau confirmed that his team is working on a contract extension for Andrew Wiggins, tweets Jerry Zgoda of The Star Tribune.

Wiggins, the No. 1 overall pick in the 2014 draft, is one of 21 former first-round picks eligible for a rookie scale contract extension this offseason, as we detailed last month. So far, no players heading into the fourth and final year of their rookie contracts have signed new deals with their respective teams, but they’ll have until the day before the regular season to work out extensions, and most agreements come at the 11th hour.

Wiggins’ contract situation will be an interesting one to watch. A year ago, none of the eight players who signed rookie scale extensions received maximum salary contracts, including Giannis Antetokounmpo, who projects to be a perennial MVP candidate. As such, it’s possible Minnesota’s offer for Wiggins will more closely resemble the four-year, $84MM deal signed by Victor Oladipo, as opposed to something at or near the max.

Wiggins, who has missed just one game in his first three NBA seasons, has shown impressive development as a scorer, increasing his PPG to 23.6 and improving his 3PT% to .356 in 2016/17. Those figures were both career bests by a comfortable margin. However, Wiggins’ abilities as a defender, rebounder, and distributor haven’t grown at the same rate.

At age 22, Wiggins has plenty of time to improve those areas of his game and could turn into a dominant two-way player, but it’s not clear yet how aggressively the Timberwolves are willing to bet on his continued development.

If Wiggins and the Wolves don’t reach an agreement on an extension by opening night, the team would still be in the driver’s seat to keep him for the long term, since he’d be eligible for restricted free agency in 2018.

Jamal Crawford Signs With Timberwolves

JULY 19, 10:41am: The Timberwolves have officially signed Crawford, the team announced today in a press release.Jamal Crawford vertical

JULY 8, 6:14pm: Crawford has agreed to sign with the Wolves once the waiver process is complete, according to Brian Windhorst and Chris Haynes of ESPN.com. They add that Crawford had to surrender some guaranteed money in the buyout with Atlanta, so salary was a factor in his decision. Minnesota is just under the cap and has a $4.3MM room mid-level exception that it was able to offer.

Jimmy Butler and coach Tom Thibodeau both aggressively recruited Crawford to join the team, tweets David Aldridge of TNT.

5:48pm: Sources tell Charania the Wolves will offer Crawford a contract worth $8.9MM over two years with a player option on the second season (Twitter link).

5:18pm: Veteran guard Jamal Crawford is in “serious talks” to sign with Minnesota once he clears waivers, tweets Shams Charania of The Vertical.

The Hawks requested waivers Friday on Crawford, so he won’t clear until Monday. They acquired him as part of a three-way deal that sent Danilo Gallinari from the Nuggets to the Clippers, but never seemed like a real threat to keep the 17-year veteran.

Crawford would add bench firepower and 3-point shooting to a Wolves team that lacked both last season. The three-time Sixth Man of the Year averaged 12.3 points per game and shot 36% from long distance for the Clippers last year.

The Cavaliers had been considered the favorites for Crawford, with one report Friday suggesting he was “theirs to lose.” The Celtics, Bucks, Wizards and Lakers were also believed to be contenders.

Photo courtesy of USA Today Sports Images.

Tom Thibodeau Talks Offseason, Western Conference

The Wolves arguably had one of the best offseasons in the league, adding Jimmy Butler, Jeff Teague, and Taj Gibson to a core of Andrew Wiggins and Karl-Anthony Towns. Executive/coach Tom Thibodeau recently sat down with Nick Friedell of ESPN.com to discuss the team as well as several topics from around the league. Here are the highlights:

On Coaching Butler And Gibson Again:

I think they fit our team very well. I think what Jimmy can add to our team, some of the things he’s just gone through, both Karl and Andrew are going through themselves. So I think Jimmy can share that with them. I think having a defensive wing like Jimmy will be great to have next to Andrew.

And I think when you look at Taj, he’s probably the best switching big man in the league. He’s got great feet, can guard multiple positions, adds a lot of toughness to our team. Put him next to Karl, that adds a lot.

On What He’s Expecting From Butler:

Just do the right things each and every day. Put everything you have into each day. Be a good leader, be a good teammate, and play. We didn’t bring Jimmy here just for leadership. We brought him for his ability, his talent and all the things that he adds to a team. Same for Taj, Jeff and hopefully Jamal as we get that wrapped up. But I think that experience will be invaluable to us.

On His Expectations For This Season And Beyond:

There’s really good teams that we’re chasing. So we know that there’s going to be a lot of work that has to go into it. And you do it day by day, you do the necessary things, you win and build and improve.

But we’re excited about our opportunity and that’s the way we’re approaching it. As we always say, you don’t want to look ahead, you don’t want to look back, you want to focus in on exactly what’s in front of you, and we think the future is real bright, but we got to do the work day to day. And that’s what we’re locked into.

On The Stacked Western Conference:

You’d like to see more balance, but there’s always going to be certain teams that have the opportunity to attract elite players, and when that happens it could create an imbalance. I think players look around and they look at the teams that they’d like to join and it’s usually teams that already have good players on those teams.

Timberwolves Pursuing Backcourt Depth

The Timberwolves have arguably been the most active and become the most improved team this offseason. And the team appears far from done as Minnesota is pursuing depth at both the point and shooting guard positions, according to Michael Scotto of Basketball Insiders (via Twitter).

Scotto mentions Aaron Brooks, Anthony Morrow, and Alan Anderson as players currently on the Timberwolves’ radar. None of those veterans played a huge role for their respective teams during the 2016/17 season, but all bring a track record of prior success.

To this point, the Timberwolves have added Jimmy Butler, Jamal Crawford, Taj Gibson, and Jeff Teague to a core that already featured Andrew Wiggins and Karl-Anthony TownsAt this juncture, the team’s focus will be to add depth and veteran leadership. Tyus Jones is the only other perimeter player on the Timberwolves’ roster, so the team figures to be active in this market.

With no real cap space left and the room exception ticketed for Crawford, Minnesota’s aforementioned targets can only sign for the veteran’s minimum.