Tim Connelly Rumors | Hoops Rumors

Wolves Notes: Connelly, Towns, Russell, A-Rod, Lore

June 3rd, 2022 at 3:57pm CST by Luke Adams

New Timberwolves president of basketball operations Tim Connelly will make some additions to the team’s front office, starting with longtime Magic executive Matt Lloyd.

However, Connelly made it clear during his introductory press conference on Tuesday that he’s certainly not looking to clean house or make any major, immediate changes to the way the franchise is run, joking that his plan is to “get out of the way (and) hope I don’t mess it up too much,” according to Jon Krawczynski of The Athletic and Chris Hine of The Star Tribune.

“I’m not joining a team that’s broken,” Connelly said. “This is a team that’s trending in the right direction. It’s made a ton of really, really smart decisions, most recently extending (head coach) Chris (Finch) and getting Pat Beverley on the additional one-year (contract). So I’m not here to impede progress, I’m here to promote it, and I’m hopeful that I can learn a ton from the people in the building, and hopefully I can add a little bit of my knowledge to what’s already a very strong core of people.”

Connelly acknowledged that it was a difficult decision to leave Denver for Minnesota, suggesting there were “a lot of sleepless nights” as he weighed the decision. But he believes the Timberwolves have a have a chance to “do something special,” which helped sell him on the move.

Of course, the financial aspect of the Wolves’ offer was also a major selling point, though sources confirmed to The Athletic that Connelly doesn’t technically have a stake in the team’s ownership. His deal calls for him to “benefit financially” if the value of the franchise increases over the life of his contract, per Krawczynski.

“Basically he’s on a bonus program, just like a lot of people are,” majority owner Glen Taylor said when asked about the equity aspect of Connelly’s contract. “If the team does well, he does better.”

Here’s more on the Wolves:

Giving Karl-Anthony Towns a super-max extension this offseason should be a no-brainer decision for Connelly, but determining what to do with D’Angelo Russell will be a trickier call, Chip Scoggins of The Star Tribune contends. Russell is also extension-eligible as he enters the final year of his current contract, and looks like a possible trade candidate. “I don’t know how or what our roster is going to look like on draft night or into free agency, but certainly this team doesn’t win 46 games without the contributions of them both,” Connelly said during his first media session, per Hine. “It’ll be fun to get to know both guys.”
Hiring Connelly away from Denver is part of a push by incoming Timberwolves owners Alex Rodriguez and Marc Lore to make the club a “world-class” organization, writes La Velle E. Neal III of The Star Tribune. “We want to be first in class in every category,” Rodriguez said this week. “From an arena, to personnel to players, to medical staff, to physical therapy and everything in between. The Minnesota people deserve that. They are starving for a winner and we are going to bring them that.”
Michael Rand of The Star Tribune takes a look at three paths Connelly could take with the Timberwolves’ roster this offseason and beyond.

Stein’s Latest: Pinson, Boban, Hornets, Connelly, Handy

May 30th, 2022 at 8:41am CST by Luke Adams

The Mavericks are “determined” to find space on their roster for Theo Pinson next season, Marc Stein writes in his latest Substack article. Pinson appeared in just 19 regular season games in 2021/22 and wasn’t eligible to play in the postseason, but the Mavs view the 26-year-old wing as an important part of the team dynamic in Dallas, Stein explains, noting that center Boban Marjanovic falls into this category too.

Marjanovic has a $3.5MM contract for next season, so the Mavericks will have no problem keeping him around if they want to, but Pinson’s two-way deal is set to expire, making him an unrestricted free agent. Since he’ll have four years of NBA service under his belt, Pinson will no longer be eligible to sign a two-way contract in 2022/23 — he’d have to get a standard contract and be part of the 15-man roster if the Mavs want to retain him.

Pinson was viewed as the unofficial ring leader of the Mavs’ bench mob that earned the team $175K in fines during the playoffs due to its “bench decorum” violations.

Here’s more from Stein:

With Darvin Ham off the board, it’s unclear which head coaching candidate is the frontrunner for the Hornets‘ job. However, Stein says there was some “fresh buzz” over the weekend that if Mike D’Antoni is hired by Charlotte, he could bring former Bulls head coach Jim Boylen along with him as an assistant. Stein reported a couple weeks ago that D’Antoni was in a strong position to land the job, but later cast some doubt on that report.
Sources with knowledge of the situation tell Stein that the “equity” aspect of Tim Connelly‘s deal with the Timberwolves has been overstated. Stein’s understanding is that Connelly’s contract includes a bonus based on the value of the franchise increasing during his five-year contract, but he doesn’t actually own a stake in the team.
It remains to be seen whether veteran assistant Phil Handy will return to the Lakers under Ham, according to Stein, who believes the Nets could be a fit for Handy if he doesn’t stay in L.A. Handy worked well with Kyrie Irving during their Cleveland days, and the Nets have a need on the player development side following Adam Harrington‘s exit, Stein observes.

Nuggets Notes: Jokic, Connelly, Morris, Booth

May 27th, 2022 at 11:00am CST by Luke Adams

Echoing Mike Singer’s reporting from earlier this week, Shams Charania and Sam Amick of The Athletic confirm that Nikola Jokic remains fully committed to the Nuggets and intends to sign a five-year, super-max extension this offseason.

According to The Athletic’s duo, Jokic’s brothers Strahinja and Nemanja have met with general manager Calvin Booth and assistant GM Tommy Balcetis in the days since Tim Connelly‘s departure to discuss the team’s future, while Booth and head coach Michael Malone have spoken on the phone to Jokic, who is in Serbia. Everyone is in the same page going forward, per Charania and Amick.

As the Nuggets continue to build around Jokic, Jamal Murray, and Michael Porter Jr., the focus for Booth and the new-look front office this offseason will be to add long, versatile, defensive-minded players, sources tell The Athletic.

The team will be open to surrendering more of its draft assets if that helps open up favorable opportunities to acquire win-now talent, according to Charania and Amick, since the goal is to compete for a championship and make the most of Jokic’s prime years.

Here’s more on the Nuggets:

The Timberwolves’ willingness to include equity in their offer to Connelly was viewed by the Nuggets as an obstacle they couldn’t overcome, say Charania and Amick. In addition to the Nuggets, the Kroenkes own franchises in other sports – including the NFL’s Rams and the NHL’s Avalanche – and had no interest in setting a new precedent on equity that might affect future negotiations with team executives.
John Hollinger of The Athletic takes a close look at the Nuggets’ situation going forward, wondering if the team will be open to trading Will Barton and/or Monte Morris this offseason. Hollinger suggests Morris could be more expendable due to Murray’s return and Bones Hyland‘s emergence.
Within his story, Hollinger notes that Connelly’s salary during his last season in Denver put him in the bottom half of the NBA’s lead basketball executives and suggests that the Nuggets have a history of investing minimally in their basketball operations department and organizational infrastructure.
Mike Singer of The Denver Post takes a closer look at what Calvin Booth will bring to the Nuggets’ head of basketball operations job, speaking to several people who have worked with him over the years. One source told Singer that Booth is more “structured” than Connelly and predicted he’ll have a lower tolerance for “locker room headaches.”

Nuggets Notes: Connelly, Kroenkes, Offseason

May 24th, 2022 at 5:30pm CST by Luke Adams

The Timberwolves‘ interest in longtime Denver executive Tim Connelly was known two weeks ago when a Nuggets traveling party went to Serbia to surprise Nikola Jokic with his MVP award, writes Mike Singer of The Denver Post. At the time, there was some hope that a new deal between Connelly and the Nuggets could be struck, but Minnesota’s momentum began picking up shortly thereafter.

During the two days between Connelly’s meeting with Timberwolves owner Glen Taylor on Saturday and his decision to accept Minnesota’s offer on Monday, there was some hope within the Nuggets’ organization that the Kroenkes might find a way to keep Connelly, according to Singer. The team did make a counter-offer, but there was a “significant gap” between Denver’s offer and Minnesota’s, a source told The Denver Post.

Interestingly, one source with knowledge of the situation told Singer that if the decision on Connelly’s future had been entirely up to Josh Kroenke, Connelly probably wouldn’t have gone anywhere. In other words, it sounds like Josh may have been more willing to step up financially than his father Stan Kroenke, who also let Masai Ujiri walk in a similar situation nine years ago.

Here’s more on the Nuggets:

Nuggets ownership didn’t learn anything from having nearly lost Connelly to the Wizards in 2019, according to Harrison Wind of TheDNVR.com, who argues that Stan Kroenke still doesn’t value his top basketball executives and “skimps on line items that rival organizations would deem as necessities.”
The Nuggets are on the precipice of championship contention, but they’re not there yet, Singer writes for The Denver Post. The team could badly use at least one more wing defender, Singer notes, adding that it will be interesting to see if general manager Calvin Booth – who is expected to become Denver’s head of basketball operations – will value pieces like Bones Hyland, Zeke Nnaji, and this year’s No. 21 pick any differently than Connelly would have.
Kevin O’Connor of The Ringer takes his own look at the Nuggets’ offseason to-do list, writing that the club needs to surround Jokic with better shooters and perimeter defenders. O’Connor also suggests that Jokic should wait to see what moves Denver makes before locking in his five-year, super-max extension, but acknowledges that he’d be surprised if the two-time MVP doesn’t sign his new deal early in the offseason.

Tim Connelly Named Timberwolves’ President Of Basketball Operations

May 23rd, 2022 at 6:06pm CST by Luke Adams

6:06pm: The Timberwolves have officially named Connelly their president of basketball operations, according to a team press release.

“We are thrilled to announce Tim Connelly as the next leader of our basketball operations department and welcome his family to the Twin Cities,” the team said in a statement attributed to ownership. “He brings a wealth of NBA front office experience with various franchises. We look forward to building upon our most recent playoff run and bringing more success to Timberwolves fans for years to come.”

“My family and I couldn’t be more excited to join the Timberwolves organization,” Connelly said in a statement. “I appreciate Glen, Becky, Marc and Alex’s confidence in me to lead this organization and I can’t wait to get to work to build an elite franchise that our fans can continue to be proud of.”

2:28pm: Nuggets president of basketball operations Tim Connelly will be leaving Denver for Minnesota, according to Adrian Wojnarowski of ESPN (Twitter link), who reports that Connelly and the Timberwolves have agreed to a deal that will make him one of the NBA’s highest-paid executives.

Connelly’s new contract as the Wolves’ president of basketball operations will cover five years and will be worth $40MM, per Shams Charania and Jon Krawczynski of The Athletic. The agreement will also include a kicker for ownership equity, The Athletic’s duo adds.

After Timberwolves minority owners Marc Lore and Alex Rodriguez initiated talks with Connelly and presented him with a preliminary offer, the longtime Nuggets executive flew to Minnesota on Saturday and had a four-hour meeting with majority owner Glen Taylor, according to The Athletic (Twitter link). Taylor signed off on the offer, and Connelly subsequently took two full days to deliberate before accepting the job on Monday.

Connelly had been the head of basketball operations in Denver since 2013, following Masai Ujiri‘s departure for Toronto. He reportedly had a significant impact on the Nuggets’ culture, empowering coaches, staffers, and players while creating a positive work environment.

His loyalty to Denver and his comfort level with Nuggets ownership made it a difficult decision to leave for Minnesota, according to Charania and Krawczynski, who say Connelly’s new contract more than doubles his previous salary — the equity component also makes the deal substantially more lucrative.

Mike Singer of The Denver Post confirms that financial compensation was a significant factor in Connelly’s decision to leave Denver and join a division rival, since he hadn’t been eager to depart. According to Wojnarowski (Twitter link), the Nuggets made a bid to retain Connelly that would’ve significantly increased his salary, but Woj describes the ownership equity in Minnesota as “life-changing money” for the veteran executive.

The Wolves, who dismissed Gersson Rosas shortly before the 2021/22 season began, had been in the market for a big-name executive to fill the president of basketball operations role on a permanent basis. With Lore and Rodriguez expected to take over majority control of the franchise in 2023, they wanted to “change the narrative” around a team that has often been overlooked nationally, according to Charania and Krawczynski.

Executive VP of basketball operations Sachin Gupta, who ran the Timberwolves’ front office on an interim basis following Rosas’ ouster, remains part of the long-term vision in Minnesota, sources tell The Athletic. While Connelly will likely make some hires of his own, it sounds as if there are no plans to move on from Gupta or head coach Chris Finch, who was previously an assistant coach in Denver.

The Nuggets, meanwhile, are considered likely to promote general manager Calvin Booth to run their front office, Charania reports (via Twitter).

The club has produced a series of successful basketball executives across the last decade, including Ujiri, Connelly, and Arturas Karnisovas, the GM in Denver before leaving to become the Bulls’ president of basketball operations. There’s a belief within the organization that Booth – a rising talent well-respected around the NBA – is capable of carrying that torch going forward, Charania notes.

Northwest Notes: Connelly, Wolves, Jokic, Trail Blazers

May 21st, 2022 at 10:37pm CST by Arthur Hill

Nuggets president Tim Connelly faces several important decisions if he winds up running the Timberwolves, writes Chris Hine of The Star Tribune. Connelly is meeting with Wolves owner Glen Taylor this weekend, and the two sides appear to be getting close to a deal, per Hine.

Minnesota gave Chris Finch a four-year extension in March, so the coaching situation is stable. Connelly has experience working with Finch, who served as a Denver assistant in 2016/17. Things are less clear regarding the front office, which has been run by Sachin Gupta since Gersson Rosas was fired in September. Gupta recently made an important personnel move, hiring Steve Senior as assistant general manager.

As for the roster, Karl-Anthony Towns will be eligible for a super-max extension this offseason if the star center is voted onto an All-NBA team, Hine notes. Connelly would also have to determine whether to pursue extension talks with D’Angelo Russell, who is entering a contract year, and would be searching for ways to improve the roster to build on this year’s playoff appearance.

There’s more from the Northwest Division:

If Connelly joins the Timberwolves, he might bring a big-name executive from another organization with him, tweets Darren Wolfson of 5 Eyewitness News. Taylor isn’t expected to stand in the way of the rumored move, which is supported by incoming owners Marc Lore and Alex Rodriguez.
The Nuggets‘ lack of urgency to keep Connelly should make Nikola Jokic think twice about committing to the organization, argues Mark Kiszla of The Denver Post. Kiszla accuses Kroenke Sports & Entertainment, which owns the team, of treating everyone like they can be replaced, even Connelly, who built a potential title contender and was responsible for drafting Jokic in the second round. Connelly was upset that the Nuggets failed to offer him a long-term deal during the season, according to Kiszla, and that decision could cost the team one of its most valuable assets.
The Trail Blazers may target Charlotte’s Miles Bridges and Cody Martin in free agency, per Ian Begley of SNY.tv. Both players will be restricted free agents, so the Hornets could match any offer that Portland (or another team) makes.

Nuggets’ Connelly To Meet This Weekend With Wolves Owner

May 21st, 2022 at 10:06am CST by Dana Gauruder

Nuggets president Tim Connelly will meet with Timberwolves majority owner Glen Taylor regarding the top executive position within Minnesota’s organization, according to ESPN’s Adrian Wojnarowski.

Connelly has already discussed the position extensively with minority owners Marc Lore and Alex Rodriguez and an in-person meeting with Taylor is next in the process, Wojnarowski adds (Twitter links).

As Chris Hine of the Minneapolis Star Tribune tweets, Lore and Rodriguez have significant influence over the process, but Taylor has to sign off on any deal.

Reports regarding Minnesota’s interest in Connelly surfaced on Wednesday. He has been the head of Denver’s basketball operations since 2013, when he was named vice president of basketball operations and general manager. He was promoted to president in 2017.

Connelly is the first external candidate to be officially linked to the lead basketball job in Minnesota’s front office. Executive vice president of basketball operations Sachin Gupta, who has been serving as the head of the basketball operations department on an interim basis following the dismissal of Gersson Rosas in September, remains a candidate for the position.

Lore and Rodriguez have pushed to have a proven, prominent exec take over the basketball operations, regardless of the cost. The Nuggets have been aware of Minnesota’s interest in Connelly for some time and don’t appear poised to make a major counter-offer, Mike Singer of the Denver Post tweets.

Coach/Exec Notes: Connelly, D’Antoni, Nets, Rockets

May 20th, 2022 at 12:36pm CST by Luke Adams

In general manager Calvin Booth, the Nuggets have a logical in-house replacement for Tim Connelly should their current president of basketball operations decide he wants to leave Denver to run the Timberwolves‘ front office, Marc Stein writes in his latest Substack article. The Wolves are said to be in the market for a big-name basketball executive and are reportedly courting Connelly.

However, for the Nuggets, it’s not just as simple as wishing Connelly well and promoting Booth, according to Mike Singer of The Denver Post (all Twitter links), who says there’s a lot of “angst” within the organization over the situation.

Connelly has had a significant impact on the Nuggets’ culture, empowering coaches, staffers, and players while creating a positive work environment, says Singer, adding that no one wants to see him go and there are people under Connelly who have taken less money to stay with the team. Connelly has also earned a significant amount of trust from Denver’s players, including Nikola Jokic and Jamal Murray, per Singer.

According to Stein, there’s some skepticism around the NBA that Connelly will view the Minnesota opportunity more favorably than his current situation in Denver, where the two-time reigning MVP is on the verge of signing a long-term extension. However, if the Wolves offer significantly more money or an ownership stake, Connelly will have a tough decision to make. It will be interesting to see if the Kroenkes, the Nuggets’ owners, step up to retain him, says Singer.

Here are a few more front office and coaching notes from around the NBA:

After previously reporting that Mike D’Antoni appeared to be in a strong position to land the Hornets‘ coaching job, Stein says there has been some “push-back” on that report this week, as some sources in coaching circles believe team owner Michael Jordan may be wary of hiring such an offense-first coach.
Nets director of player development Adam Harrington isn’t likely to return to the team for 2022/23, according to Stein. Harrington has worked closely with Kevin Durant over the last three years and his impending departure hadn’t been expected, Stein adds.
Kelly Iko of The Athletic identifies Rio Grande Valley Vipers coach Mahmoud Abdelfattah as a strong candidate for one of the open assistant jobs on Stephen Silas‘ Rockets staff. A report this week said that Rockets assistants Jeff Hornacek and Will Weaver won’t be back for next season.

Timberwolves In “Serious Talks” With Tim Connelly To Lead Front Office

May 18th, 2022 at 6:32pm CST by Rory Maher

The Timberwolves are pursuing Nuggets president of basketball operations Tim Connelly for their own president vacancy, sources tell Shams Charania and Jon Krawczynski of The Athletic, who report that the Wolves recently requested and were granted permission to speak with Connelly, and the two sides “have moved beyond exploratory” discussions.

Although the Wolves are in “serious talks” with Connelly, nothing has been agreed to yet and “nothing appears imminent,” write Charania and Krawcyznski.

Connelly is widely-respected around the NBA for his work with Denver, having drafted back-to-back MVP Nikola Jokic, Jamal Murray, Michael Porter Jr., Bones Hyland, and Monte Morris, among other current and former Nuggets players. He has been the head of Denver’s basketball operations since 2013, when he was named vice president of basketball operations and general manager. He was promoted to president in 2017.

The Nuggets have made the playoffs four straight seasons under Connelly, including a trip to the Western Conference Finals in 2019/20. He has also hired and promoted several important coaches and executives, including head coach Michael Malone and former GM Arturas Karnisovas, who now leads the Bulls’ front office.

Connelly is the first external candidate to be officially linked to the lead basketball job in Minnesota’s front office. Executive vice president of basketball operations Sachin Gupta, who has been serving as the head of the basketball operations department on an interim basis following the dismissal of Gersson Rosas in September, remains a candidate to land the job permanently and is considered a “significant part of the organization’s long-term vision,” according to Charania and Krawcyznski.

Gupta was empowered by ownership to make some key front office decisions recently. He declined to pick up the option on the final year of former assistant GM Gianluca Pascucci‘s contract, replacing him with newly-hired Steve Senior, who was poached from Memphis. Senior will be in charge of the team’s player development.

Minority owners Marc Lore and Alex Rodriguez, who will become majority owners at the end of 2023, have pushed for a prominent figure to lead Minnesota’s basketball operations. In Lore’s other business ventures, he’s employed a philosophy centered on hiring “the best possible people, no matter the cost,” per The Athletic’s duo.

However, current majority owner Glen Taylor would be the primary decision-maker for a significant hire like Connelly. Taylor has been impressed with Gupta’s work, but also wants the transition to Lore and Rodriguez taking over as majority partners to go smoothly, so it’s a delicate balance.

A person “very close” to Connelly tells Darren Wolfson of 5 Eyewitness News (Twitter link) that Connelly would be looking for a significant payday in addition to a stake in the franchise in order to leave Denver for Minnesota, saying, “I don’t see it unless they give him $10M per (year) and equity.”

Mike Singer of The Denver Post reports that Connelly is among a list of big-name executives that the Wolves have circled for the vacancy, and he’s apparently considered the most “gettable,” assuming the compensation is right. A source tells Singer that Sam Presti of the Thunder, Masai Ujiri of the Raptors, and Bob Myers of the Warriors are the other executives the Wolves are interested in. The upcoming season is an option year for Connelly’s contract with the Nuggets, according to Singer.

As Chris Hine of the Star Tribune observes, hiring Connelly might be more complicated than just giving him a significant payday. Gupta negotiated a multiyear contract extension with head coach Chris Finch (and all of his assistants), and the two have a good working relationship.

New presidents typically want to hire the people they deem most suitable to work with — would Connelly want to retain Gupta and Finch? Would Gupta and Finch want to work with Connelly? There are lots of factors to consider in a very important offseason for the Wolves, says Hine.

Tim Connelly Discusses Nuggets’ Roster, Future

April 29th, 2022 at 7:30pm CST by Rory Maher

Following the team’s first-round exit at the hands of Golden State, Nuggets president of basketball operations Tim Connelly discussed a number of topics on Friday at his season-ending press conference, writes Mike Singer of The Denver Post. Connelly said signing Nikola Jokic to a super-max extension this summer is a top priority.

“It’s a pretty big (priority),” Connelly said. “… There’s nothing more important, organizationally, than to make sure Nikola stays here as long as he wants to play the game.”

Connelly also reflected on giving Michael Porter Jr. a five-year, maximum-salary extension prior to the 2021/22 season. Porter appeared in just nine games this season and clearly wasn’t himself prior to being shutdown and undergoing lumbar spine surgery in December, his third back surgery since 2017.

“You analyze everything. Oftentimes the best indicator of future health is current health,” Connelly said. “Unfortunately, he had the injuries he dealt with this year. The previous couple years going into that contractual negotiation (last summer) we felt pretty good about it. Certainly his numbers were reflective of a guy that you’re going to have to give a lot of money.

“Hindsight is 20/20. I think we looked as much as we can. We’ve tended to be a team that rewards guys earlier instead of getting to the marketplace. We’re really looking forward to him being fully healthy, and I know he’s working his butt off to achieve that goal.”

The president said the reason the team never officially ruled out Porter or Jamal Murray for the season was because only the players knew how they felt: “It’s their body. … Whenever there’s an injury, the player has to have the loudest voice.”

Denver never applied pressure for either player to make a return if they felt they weren’t ready, Connelly added. Both players confirmed to the media that they were aligned with management’s thinking, Singer notes. Murray, who missed the entire season after suffering a torn left ACL last April, said he’s “not even sure if he’s 85% right now,” according to Singer (Twitter link).

Here are some more quotes from Connelly, courtesy of Singer:

Connelly said the small forward position and wing defense are areas that need to be addressed in the offseason. “Whenever you lose you have to be extremely self-critical and analyze areas where we’re not where we need to be. Losing Mike (Porter) was really big, but losing PJ Dozier, that was really two guys, all our depth at the small forward position, so we had to play some pretty wonky lineups. … I think it’s pretty evident where we need to get better.”
Connelly on DeMarcus “Boogie” Cousins, who’s an unrestricted free agent: “Boogie was fantastic. He brought a ton. … He helped stabilize that second unit.” The team plans to talk to Cousins about his future soon, Singer tweets.
Denver wants to retain two-way player Davon Reed and only decided against converting him to a standard deal (to become playoff-eligible) because it would’ve meant cutting someone else (Twitter link via Singer). “He’s a guy that we’re very high on for the future,” Connelly said.
Connelly on the possibility of paying the luxury tax next season and/or in the future: “If the team is good enough, (ownership will) pay accordingly.“