What is the Minnesota Timberwolves Team Payroll?

An Overview

The Minnesota Timberwolves are a professional basketball team based in Minneapolis, Minnesota. The team is a member of the Northwest Division of the Western Conference in the National Basketball Association (NBA). The Timberwolves have won one division championship, in 2004, and have not won any conference or NBA championships.

Payroll Breakdown

As of 2023, the Minnesota Timberwolves have a total team payroll of $148,546,734. This includes $123,755,500 in guaranteed contracts and $24,791,234 in non-guaranteed contracts. The team's highest-paid player is Karl-Anthony Towns, who is set to make $36,016,250 this season. Other key players on the team's payroll include Anthony Edwards, who is set to make $10,732,876 this season, and D'Angelo Russell, who is set to make $31,391,530 this season.

Salary Cap Implications

The Timberwolves are currently over the NBA's salary cap, which is set at $123.8 million for the 2022-23 season. This means that the team will have to make some changes to its roster in order to get below the salary cap. One option for the Timberwolves would be to trade one or more of their high-priced players. Another option would be to sign players to cheaper contracts.