FEBRUARY 22: The signing is official, according to a team press release.
FEBRUARY 21: The Timberwolves have agreed to sign former first-round pick Justin Jackson to a 10-day contract, sources tell Adrian Wojnarowski of ESPN (Twitter link).
The 15th overall pick in 2017, Jackson has appeared in 278 total regular season games for the Kings, Mavericks, Thunder, Bucks, Celtics, and Suns across six seasons in the NBA. However, he has been out of the league for over a year, having been waived by Oklahoma City last February after being sent from Boston to OKC in exchange for Mike Muscala at the trade deadline.
Jackson has spent the 2023/24 season playing for the Texas Legends, Dallas’ G League affiliate. In 35 games for the Legends, he has averaged 19.9 points, 5.6 rebounds, and 3.1 assists in 34.6 minutes per contest, with an excellent shooting line of .480/.427/.868.
Minnesota had been carrying 13 players on standard contracts since this season’s February 8 trade deadline and had until Thursday to fill at least one of the two openings on its roster, as we outlined over the weekend. Unless the Wolves make a second addition to their roster, they’ll find themselves in a similar situation once Jackson’s 10-day contract expires, with up to two weeks to re-add a 14th man.
Jackson will earn $145,301 over the course of his 10-day deal, while the Wolves take on a cap hit of $116,075. The contract will cover the team’s next five games, starting on Friday vs. Milwaukee.
With Jackson’s 10-day deal on their books, the Wolves are now $1.4MM below the luxury tax line, tweets ESPN’s Bobby Marks. That will be a consideration as Minnesota manages its roster during the season’s final weeks, since the organization won’t want to become a taxpayer.