Archives For Transactions

JustinHamilton

The Minnesota Timberwolves announced yesterday that they were awarded 7’0 center Justin Hamilton off of waivers from the New Orleans Pelicans. Hamilton played collegiately at Iowa State for one year before transferring to LSU before the 2011-12 season. He was selected in the 2nd round of the 2012 draft by the Philadelphia 76ers, who promptly traded his draft rights to the Miami Heat. Hamilton spent his first professional season in Croatia and Latvia before he returned to the States to make an attempt at cracking the Heat roster. Continue Reading…

KG and Thad

It’s a done deal – the Minnesota Timberwolves have acquired Kevin Garnett from the Brooklyn Nets for Thaddeus Young.

Garnett, who turns 39 in May, is in the final season of a 3 year, $36 million deal and opted to waive his no-trade clause in order to facilitate the move. In 42 games with Brooklyn this season, he averaged 20.3 minutes, 6.8 points, 6.8 rebounds and 1.3 assists on 45% shooting.

Of course, Garnett was drafted by the Timberwolves with the 5th overall pick of the 1995 NBA Draft and is universally considered the best player in the franchise’s history. In 12 seasons with Minnesota, KG averaged 20 points, 11 rebounds and 4.5 assists, winning league MVP honors in 2004. Garnett led the Wolves to the Western Conference Finals that same year, the only time in the team’s history they’ve made it past the first round of the playoffs.

Thad Young was acquired from the Sixers as part of the Love-for-Wiggins megadeal, as the Wolves sent a lottery-protected first round pick (via Miami), Luc Richard Mbah a Moute and Alexey Shved to Philadelphia in exchange for his services. Young, who averaged 14 points, 5 rebounds and 3 assists per game as a member of the Timberwolves, has an early termination option in his contract which could make him a free agent this summer, which likely factored into the decision to deal him away.

Jon Krawczynski of the Associated Press is reporting that the Wolves would like to give Kevin Garnett a two year extension, meaning this wouldn’t just be a 29-game farewell tour for The Big Ticket.

Steve McPherson wrote about the potential deal earlier today, and now that it’s a reality, his analysis is still worth a look. Obviously, the Wolves are hoping Garnett can help change the culture and lead the talented group of young players, including Andrew Wiggins, Shabazz Muhammad, Zach LaVine, Anthony Bennett and Gorgui Dieng. While the idea is nice, it’s fair to wonder if they paid too big a price, or if they really gave Thad Young a long enough look in Minnesota.

Either way, Kevin Garnett is coming home. Tickets are on sale now. See you at Target Center.

kevin-garnett

As soon as ESPN’s Marc Stein reported that the Minnesota Timberwolves were involved in a late push to bring back Kevin Garnett from the Brooklyn Nets in exchange for Thad Young, a particular drumbeat began that went: “Wolves traded a first round pick for a 38-year-old KG.”

I’m here to tell you why this is a stupid way to think about this, whether or not it happens. And it’s not because trading for Young in the first was not a mistake — because it might well have been — and it’s not because trading for Garnett is not a mistake — because it might well be.  It’s mostly because of a little thing called the fourth dimension, so let’s travel back through it to when Minnesota traded for Thad Young for a first round pick this past summer.

Continue Reading…

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In somewhat of a surprise flurry of moves, Timberwolves jack of all trades Flip Saunders made the first splash in the NBA’s annual February trade season. Let’s start by looking at what exactly went down:

Deal 1:

Charlotte receives: Mo Williams, Troy Daniels

Minnesota receives: Gary Neal, 2nd round pick

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Deal 2:

Atlanta receives: 2017 1st round pick (Lottery-protected from 2017-2020)

Minnesota receives: Adreian Payne

Continue Reading…

RADU

Yesterday, Shams Charania of RealGM.com reported that the Wolves are in the process of giving Serbian big man Miroslav Raduljica a guaranteed contract for the remainder of the season. While the team’s primary beat writers (Jerry Zgoda and Jon Krawczynski, to name a couple) have yet to confirm the report, Darren Wolfson of 1500ESPN said via Twitter that signs were “pointing to it happening.” Continue Reading…

Brewer

Reports surfaced about a week ago that the Houston Rockets were determined to use their $8.4 million trade exception by December 19th. When they struck out on Rajon Rondo, they turned their attention elsewhere, which apparently meant Corey Brewer.

Adrian Wojnarowski was the first to confirm what Darren Wolfson of 1500 ESPN and Jonathon Feigen of the Houston Chronicle have been discussing for days: the Minnesota Timberwolves have sent Corey Brewer to Houston in exchange for shooting guard Troy Daniels and a pair of second round picks. Continue Reading…

Milwaukee Bucks v Philadelphia 76ers

Saturday afternoon, the Timberwolves announced they had signed 28-year-old forward Jeff Adrien via the hardship exception, a special rule that grants teams meeting certain injury specifications an extra roster spot. The former UCONN Huskie has played with Golden State, Houston, Charlotte and Milwaukee over his four year NBA career, averaging 4.8 points and 4.3 rebounds on 48% shooting in 14 minutes per game. Continue Reading…

RubioExtension

About a month ago, maybe even a week ago, the likelihood of a contract extension for Ricky Rubio with the Minnesota Timberwolves seemed very low. Rubio’s agent was asking for a max contract, according to reports and rumors, and the Wolves were never going to pay the max in a rising salary cap situation. Committing that much money to Rubio would be an optimistic investment, considering his scoring woes, to say the least. However with the last couple hours before the extension deadline for the 2011 rookie class, the Wolves and Rubio finally came to a much more manageable compromise.

Reports have come out that Rubio and the Wolves agreed to a four-year, $55 million-plus contract extension that will keep Rubio with the Wolves through the 2018-19 season. Our friend Jon Krawcyznski of the Associated Press has the deal at 4 years and $56 million with the incentives included.

The concept of Rubio, his worth, the market for players of his status/position, and his future with the club appear to be very divisive topics, so let’s try to work this out on the page and come to a consensus on how good of a deal this is for both sides and what it means moving forward.  Continue Reading…

Penberthy The Minnesota Timberwolves have added to their development and scouting departments with the announcement of three hires on Thursday. The Wolves announced the hiring of former Lakers’ shooter Mike Penberthy as the team’s shooting coach, along with Jason Harvey as a scout and the promotion of Derek Pierce to advance scout. From the team:  Continue Reading…

Bledsoe

All hell broke loose a little bit ago on Twitter with the report from Fox10 in Phoenix and then Brian Windhorst from ESPN.com that the Minnesota Timberwolves were making a run at restricted free agent Eric Bledsoe with a max contract offer sheet. Bledsoe has been battling the Phoenix Suns all summer long, waiting for them to show up on his doorstep with a max offer. The problem is Rich Paul, Bledsoe’s agent, never set the market for his client like what happened with Gordon Hayward, so there hasn’t been any push between Bledsoe wanting the max and Phoenix offering four years and $48 million.

With less than two weeks until training camps start and no resolution in sight, someone decided to put some pressure on the Suns in a last ditch effort to force their hands. Windhorst says sources have told him the Wolves are making a push at a sign-and-trade with a max offer sheet on the other side of that transaction rainbow. From ESPN:

With just days before the start of training camp, the Minnesota Timberwolves are making a final push to acquire restricted free-agent guard Eric Bledsoe in a sign-and-trade with the Phoenix Suns, sources told ESPN.com.

The Wolves are offering Bledsoe the four-year, $63 million maximum level contract that he has been seeking, sources said, but because of cap restrictions, the only way he can join the team as currently constructed is through a sign-and-trade deal. Bledsoe and the Suns have been in a stalemate all summer after the team offered him a four-year, $48 million deal in July.

Now let’s talk about why none of this is likely to happen and why it’s being talked about:  Continue Reading…