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Friday, November 15, 2024

Timberwolves willing to pay luxury tax to maintain current roster

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The Minnesota Timberwolves are gearing up for the upcoming season with a plan to run it back with largely the same roster from last year. Despite reaching the conference finals and falling short against the Dallas Mavericks, the team is ready to make another championship push with stars like Anthony Edwards, Karl-Anthony Towns, Rudy Gobert, and Jaden McDaniels leading the charge.

According to reports, the Timberwolves are prepared to enter the season well above the luxury tax threshold, with a projected tax bill of about $51 million at the end of the 2024-25 season. This would make them the second-highest tax-paying team in the league, only behind the Phoenix Suns.

The team's ownership situation is still up in the air, with an arbitration panel set to settle the dispute later this year. However, all parties involved, including current majority owner Glen Taylor and potential majority owners Marc Lore and Alex Rodriguez, are in agreement that the team should operate as a luxury tax payer to maximize their championship window.

While running it back comes with its risks, particularly with potential free agents like Naz Reid and Nickeil Alexander-Walker, the Timberwolves are committed to keeping their core intact and making a deep playoff run.

With the luxury tax bill not due until after the season, the team has some flexibility to make roster moves if needed. However, all signs point to Minnesota sticking with their current roster and making a serious push for the championship in the upcoming season.

In conclusion, the Timberwolves are gearing up for another exciting season, and fans can expect a competitive team on the court as they chase their championship dreams.

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