Minnesota Timberwolves Cap Space

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Minnesota Timberwolves Cap Space 

Post#1 » by Smitty731 » Wed Apr 23, 2014 1:20 pm

Updated 4/17 with signing of Arinze Onuaku for the remainder of the season (using Hardship Exception).

Current Cap Space: None. $4,813,475.00 over
Maximum Cap Space: None. $4,813,475.00 over (if all options/guarantees were not picked up, all FAs renounced, no draft picks were to be signed this season, and all Exceptions were renounced)
Luxury Tax Space: $8,927,171.00
Tax Apron Room: $12,927,171.00
Hard Capped due to using majority of Non-Taxpayer MLE on Mo Williams
2015-2016 Maximum Cap Space: $13,858,921.00

How I got there:

Guaranteed Contracts (16): Anthony Bennett, Lorenzo Brown, Chase Budinger, Gorgui Dieng, Kevin Garnett, Justin Hamilton, Robbie Hummel, Zach Lavine, Kevin Martin, Shabazz Muhammad, Gary Neal, Arinze Onuaku, Adreian Payne, Nikola Pekovic, Ricky Rubio, Andrew Wiggins

Partial/Non-Guaranteed Contracts Kept to date (0): None

Carried Money (7): Jeff Adrien ($242,385.00), Jose Juan Barea ($3,216,922.00), Lorenzo Brown 1 ($48,028.00), Lorenzo Brown 2 ($48,028.00), Sean Kilpatrick (29,843.00), Miroslav Raduljica 1 ($48,028.00), Miroslav Raduljica 2 ($48,028.00)

FA Cap Holds (1): Othyus Jeffers

Draft Pick Holds (0): None

Current Exceptions: Non-Taxpayer Exception at $1,271,633.00 (partially used on Lorenzo Brown and Mo Williams). No BAE because they used it last year. TPEs of $2,847,180.00 (Corey Brewer), $816,482.00 (Troy Daniels), $6,308,193.00 (Kevin Love), $1,500,000.00 (Ronny Turiaf), $500,000.00 (Mo Williams).
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Re: Minnesota Timberwolves "Real" Cap Space 

Post#2 » by Smitty731 » Mon Jun 2, 2014 8:45 pm

Updated OP on 6/2.
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Re: Minnesota Timberwolves "Real" Cap Space 

Post#3 » by Smitty731 » Mon Jun 30, 2014 6:01 pm

Updated OP on 6/30 to reflect team declining to issue Qualifying Offers to Robbie Hummel and Othyus Jeffers
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Re: Minnesota Timberwolves Cap Space 

Post#4 » by Smitty731 » Wed Jul 2, 2014 12:53 pm

Updated OP on 7/2 to reflect current standing.
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Re: Minnesota Timberwolves Cap Space 

Post#5 » by Smitty731 » Thu Jul 10, 2014 5:09 pm

Updated OP on 7/10 with official Cap and Tax Apron Numbers and Zach Lavine signing.
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Re: Minnesota Timberwolves Cap Space 

Post#6 » by Smitty731 » Tue Jul 22, 2014 3:11 pm

Updated OP on 7/22 with signing of Robbie Hummel.
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Re: Minnesota Timberwolves Cap Space 

Post#7 » by Smitty731 » Thu Jul 24, 2014 5:34 pm

Updated OP on 7/24 with official numbers for Robbie Hummel.
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Re: Minnesota Timberwolves Cap Space 

Post#8 » by Smitty731 » Tue Jul 29, 2014 2:10 pm

Updated OP on 7/29 with signing of Mo Williams.
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Re: Minnesota Timberwolves Cap Space 

Post#9 » by Smitty731 » Mon Aug 25, 2014 12:43 am

Updated OP on 8/24 with trade with Cleveland and Philadelphia.
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Re: Minnesota Timberwolves Cap Space 

Post#10 » by Smitty731 » Thu Sep 4, 2014 6:50 pm

Updated OP on 9/4 with signings of Kyrylo Fesenko and Brady Heslip.
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Re: Minnesota Timberwolves Cap Space 

Post#11 » by Smitty731 » Sat Sep 13, 2014 11:44 pm

Updated OP on 9/13 with Kyrylo Fesenko and Brady Heslip being fully unguaranteed.
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Re: Minnesota Timberwolves Cap Space 

Post#12 » by HartfordWhalers » Sun Sep 14, 2014 9:49 pm

Smitty731 wrote:Updated 9/13 with Kyrylo Fesenko and Brady Heslip being fully unguaranteed.

Current Cap Space: None. $13,246,510.00 over
Maximum Cap Space: None. $6,766,688.00 over. (if all options/guarantees were not picked up, all FAs renounced, no draft picks were to be signed this season, and all Exceptions were renounced)
Tax Apron Room: $8,624,247.00.
Hard Capped due to using majority of Non-Taxpayer MLE on Mo Williams

How I got there:

Guaranteed Contracts (15): Jose Juan Barea, Anthony Bennett, Corey Brewer, Chase Budinger, Gorgui Dieng, Robbie Hummel, Zach Lavine, Kevin Martin, Shabazz Muhammad, Nikola Pekovic, Ricky Rubio, Ronny Turiaf, Andrew Wiggins, Mo Williams, Thaddeus Young

Partial/Non-Guaranteed Contracts Kept to date (2): Kyrylo Fesenko, Brady Heslip

Restricted FAs given Qualifying Offers (0): None

FA Cap Holds (2): Dante Cunningham, Othyus Jeffers (did not receive a Qualifying Offer)

FAs Renounced/Players Waived (0): None

Draft Pick Holds (0): None

Current Exceptions: Non-Taxpayer Exception at $1,555,000.00 (partially used on Mo Williams). No BAE because they used it last year. TPE of $428,576.00 (Derrick Williams)


Any update with GRIII and the required tender? Or an overseas contract?
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Re: Minnesota Timberwolves Cap Space 

Post#13 » by Domejandro » Sun Sep 14, 2014 10:50 pm

HartfordWhalers wrote:Any update with GRIII and the required tender? Or an overseas contract?

My understanding on the situation is that they are trying to bait a team into taking J.J. for future seconds before they sign Robinson due to their 15 guaranteed contracts.
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Re: Minnesota Timberwolves Cap Space 

Post#14 » by HartfordWhalers » Sun Sep 14, 2014 11:05 pm

Domejandro wrote:
HartfordWhalers wrote:Any update with GRIII and the required tender? Or an overseas contract?

My understanding on the situation is that they are trying to bait a team into taking J.J. for future seconds before they sign Robinson due to their 15 guaranteed contracts.


They had to have offered a required tender by now.
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Re: Minnesota Timberwolves Cap Space 

Post#15 » by Domejandro » Sun Sep 14, 2014 11:10 pm

HartfordWhalers wrote:
Domejandro wrote:
HartfordWhalers wrote:Any update with GRIII and the required tender? Or an overseas contract?

My understanding on the situation is that they are trying to bait a team into taking J.J. for future seconds before they sign Robinson due to their 15 guaranteed contracts.


They had to have offered a required tender by now.

I think we are pulling the old, "wait for injuries" game so some unlucky team is desperately needing to take him off our hands. This will likely last in Training Camp, but I would be pretty shocked if he was on the team at the beginning of the season. As Flip Saunders has shown, he is a very patient General Manager, so I am just hypothesizing that this is his approach.

Oh, I totally misinterpreted your question, haha. I think there may be a wink wink deal "be patient" kind of deal going on. I believe they can retain his rights for quite a while longer, so it may arise during Training Camp.
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Re: Minnesota Timberwolves Cap Space 

Post#16 » by Smitty731 » Mon Sep 15, 2014 12:58 am

HartfordWhalers wrote:
Any update with GRIII and the required tender? Or an overseas contract?


They definitely offered him the tender, because they control his Draft Rights still. My guess is that they are waiting to clear a definite, or almost definite, roster spot for him. Otherwise, he'll head overseas or to the D-League for the time being. They could do what the Thunder did with Jerrett. Start him in the D-League and then sign him once a roster spot opens up. Right now with 15 guaranteed contracts, the Wolves don't have a lot of options. I can't see them just eating one of those deals. Which makes it all the more curious as to why they gave Hummel a guaranteed contract.
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Re: Minnesota Timberwolves Cap Space 

Post#17 » by HartfordWhalers » Mon Sep 15, 2014 1:37 am

Smitty731 wrote:
HartfordWhalers wrote:
Any update with GRIII and the required tender? Or an overseas contract?


They definitely offered him the tender, because they control his Draft Rights still. My guess is that they are waiting to clear a definite, or almost definite, roster spot for him. Otherwise, he'll head overseas or to the D-League for the time being. They could do what the Thunder did with Jerrett. Start him in the D-League and then sign him once a roster spot opens up. Right now with 15 guaranteed contracts, the Wolves don't have a lot of options. I can't see them just eating one of those deals. Which makes it all the more curious as to why they gave Hummel a guaranteed contract.


Maybe you meant it, but it is a *huge* clarification. You cannot do the not sign him yet, and he goes to the dleague unless he agrees. And when the alternative is to just get cut and be in the dleague as an unrestricted free agent, it is not clear that there is incentive to do so in general for the player.
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Re: Minnesota Timberwolves Cap Space 

Post#18 » by Smitty731 » Mon Sep 15, 2014 1:42 am

HartfordWhalers wrote:
Smitty731 wrote:
HartfordWhalers wrote:
Any update with GRIII and the required tender? Or an overseas contract?


They definitely offered him the tender, because they control his Draft Rights still. My guess is that they are waiting to clear a definite, or almost definite, roster spot for him. Otherwise, he'll head overseas or to the D-League for the time being. They could do what the Thunder did with Jerrett. Start him in the D-League and then sign him once a roster spot opens up. Right now with 15 guaranteed contracts, the Wolves don't have a lot of options. I can't see them just eating one of those deals. Which makes it all the more curious as to why they gave Hummel a guaranteed contract.


Maybe you meant it, but it is a *huge* clarification. You cannot do the not sign him yet, and he goes to the dleague unless he agrees. And when the alternative is to just get cut and be in the dleague as an unrestricted free agent, it is not clear that there is incentive to do so in general for the player.


100% what I meant, but thanks for clarifying. The option exists to do what the Thunder did with Jerrett. For Robinson, I'd just go make far more money for a year and then come back after that. By 2015-2016, the Wolves should have a roster spot for him, should he prove worthy.
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Re: Minnesota Timberwolves Cap Space 

Post#19 » by HartfordWhalers » Mon Sep 15, 2014 1:47 am

Smitty731 wrote:
HartfordWhalers wrote:
Smitty731 wrote:
They definitely offered him the tender, because they control his Draft Rights still. My guess is that they are waiting to clear a definite, or almost definite, roster spot for him. Otherwise, he'll head overseas or to the D-League for the time being. They could do what the Thunder did with Jerrett. Start him in the D-League and then sign him once a roster spot opens up. Right now with 15 guaranteed contracts, the Wolves don't have a lot of options. I can't see them just eating one of those deals. Which makes it all the more curious as to why they gave Hummel a guaranteed contract.


Maybe you meant it, but it is a *huge* clarification. You cannot do the not sign him yet, and he goes to the dleague unless he agrees. And when the alternative is to just get cut and be in the dleague as an unrestricted free agent, it is not clear that there is incentive to do so in general for the player.


100% what I meant, but thanks for clarifying. The option exists to do what the Thunder did with Jerrett. For Robinson, I'd just go make far more money for a year and then come back after that. By 2015-2016, the Wolves should have a roster spot for him, should he prove worthy.


I guess I am wondering, how many European opportunities exist for a man of his skill level at this point that exist now and won't at the end of October. If there is a European job available, will it not be available then? If so, why not force the issue and become an unrestricted free agent next year versus still owned?
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Re: Minnesota Timberwolves Cap Space 

Post#20 » by Narf » Mon Sep 15, 2014 1:50 am

IMHO, the Wolves have another deal lined up. It could be something like Brewer and Barea for Nash and a future protected 1st, just waiting for the Lakers to get the rest of their house in order first. But I tend to think the Wolves are trading 2 wings then signing GR3.

But that's just my best guess.

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