Minnesota Timberwolves Rumors
The Memphis Grizzlies today announced the team acquired guards Kris Dunn and Carsen Edwards and the right to swap 2026 second round draft picks from the Boston Celtics for forward Juancho Hernangomez. Dunn (6-3, 205), selected fifth overall in the 2016 NBA Draft out of Providence, has appeared in 231 games (126 starts) and has averaged 8.2 points, 3.3 rebounds, 4.1 assists and 1.53 steals in 24.1 minutes over five seasons with Minnesota, Chicago and Atlanta. The 27-year-old was traded from Atlanta to Boston on Aug. 7.
The issue with giving back that much money is that Wall is unlikely to find a significant deal right now that comes close to making up for some of his lost money. Many contenders like the Lakers, Clippers, Nets, Sixers, and Bucks can only offer Wall the veteran minimum worth $2.6 million. Teams that still have all or most of their mid-level exception (MLE) include the Cavaliers, Hawks, Nuggets, Pelicans, Timberwolves, Trail Blazers, Warriors, and Wizards. With the exception of the Pelicans, all those teams have luxury tax and/or hard cap difficulties that would complicate offering Wall their MLE.
Dane Moore: No. 23 pick in the the 2020 NBA Draft Leandro Bolmaro will be signing his 4-year, $11.8M rookie contract this week, I’ve heard. This will finalize the Timberwolves offseason and roster, barring a trade. To add a 15th player, the Wolves would need to go into the luxury tax.
Before he was spotted at New York Fashion Week over the weekend, we hear that the former Yankees star and his business partner Marc Lore brought their new Minnesota Timberwolves squad to Miami to warm up, literally, before the season starts next month. Sources told Page Six that A-Rod, 46, hosted 50-plus team members and staffers at his 11,000-square-foot Coral Gables, Fla., home for a warm get-together. A source told us that, “every player attended,” and entertainment included a DJ and a magician. The Miami home is also known for housing Rodriguez’s impressive art collection — as well as “window walls [that] can retract to open the living spaces to the sprawling yard,” including a swimming pool, a freestanding bar pavilion, and an in-ground trampoline, Architectural Digest reported.
Said a spy of the trip, “Alex and Marc had the team in Miami for the week practicing and scrimmaging. Players included D’Angelo Russell and Karl-Anthony Towns.” The new owners, “wanted to set the tone for the upcoming season. They attended practice daily, and hosted multiple dinners.”