Report: Timberwolves prepared to pay luxury tax bill to keep roster intact

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That's the word from the top Timberwolves insider, who says the ownership situation might not matter.

Outside of reckless speculation, there has been zero information coming from the team or the team's most informed insiders that the Minnesota Timberwolves will do anything other than run it back with largely the same roster in 2024-25.

That's apparently a bill that Minnesota is prepared to pay. Jon Krawczynski, the longtime Timberwolves beat reporter, wrote inon Wednesday that current majority owner Glen Taylor and hopeful majority owners Marc Lore and Alex Rodriguez are all fine with paying the tax to keep Minnesota's championship hopes as high as possible.

Those seven players will earn a combined total of about $186 million. The first apron of the 2024-25 luxury tax is projected to be around $178.7 million, according to ESPN, which means Minnesota will almost surely be at that level. The second apron, which comes with bigger taxes and more roster restrictions, starts at an estimated $189.5 million.

 

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