The Lead
Minnesota Timberwolves Clear Way for Cap Space
Team Sheds $41 Million in Payroll, Options
Future Moves and Free Agency on Horizon
The Minnesota Timberwolves have cleared a significant amount of cap space after waiving little-used forward Jaden McDaniels and trading veteran center Naz Reid.
The moves free up approximately $41 million in payroll for the 2023-24 season, giving the Timberwolves a projected $30 million in cap space.
The Timberwolves now have the flexibility to pursue free agents or make other trades to bolster their roster. Key free agents on the market this summer include Kyrie Irving, Donovan Mitchell, and Deandre Ayton.
The moves also signal that the Timberwolves are likely to prioritize young players and draft picks in the coming years. The team has several promising young players, including Anthony Edwards, Jaden McDaniels, and Karl-Anthony Towns.
The Timberwolves' salary cap situation puts them in a strong position to make a splash in free agency or via trade. With a young and talented core, the team is well-positioned to make a run at the playoffs in the coming seasons.
Nbc Sports
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