Minnesota Timberwolves Team Payroll: Breaking News
Latest Updates on Salaries and Roster Moves
The Minnesota Timberwolves have made significant changes to their team payroll in recent months. The team has added several new players, including All-Star guard D'Angelo Russell, and has also parted ways with some key contributors from last season's roster. Here is a breakdown of the latest updates on the Timberwolves' payroll:
Key Additions
- D'Angelo Russell: $30.5 million
- Malik Beasley: $13.0 million
- Jarred Vanderbilt: $4.3 million
Key Departures
- Karl-Anthony Towns: $34.3 million
- Anthony Edwards: $10.7 million
- Jaden McDaniels: $2.2 million
Current Payroll Situation
The Timberwolves' current payroll stands at approximately $130 million, which is just below the NBA's salary cap of $134 million. The team has some flexibility to make further moves, but they will need to be careful not to exceed the cap.
Outlook for the Season
The Timberwolves are hoping that the changes they have made to their payroll will help them improve on their disappointing performance from last season. The team finished with a record of 46-36 and missed the playoffs. With Russell now in the fold, the Timberwolves have a legitimate All-Star to lead their offense. They also have a number of young players who are still developing, so there is potential for this team to make a run in the playoffs.