| | SG | Waived (The Minnesota Timberwolves waived G Javonte Cooke.) |
| | SG | Signed/Offer Sheet (The Minnesota Timberwolves signed G Tyrese Martin.) |
| | SF | Signed/Offer Sheet (The Minnesota Timberwolves signed F Matt Ryan.) |
| | SG | Signed/Offer Sheet (The Minnesota Timberwolves signed G Trevor Keels.) |
| | PG | Signed/Offer Sheet (The Minnesota Timberwolves signed G Daishen Nix.) |
| | PG | Signed/Offer Sheet (The Minnesota Timberwolves signed G Vit Krejci.) |
| | SG | Signed/Offer Sheet (The Minnesota Timberwolves signed G Javonte Cooke.) |
| | C | Re-Signed (The Minnesota Timberwolves re-signed C Luka Garza.) |
| | SG | Signed/Offer Sheet (The Minnesota Timberwolves signed G Nickeil Alexander-Walker. ) |
| | SF | Signed/Offer Sheet (The Minnesota Timberwolves signed G-F Troy Brown Jr..) |
| | SG | Signed/Offer Sheet (The Minnesota Timberwolves signed G-F Shake Milton.) |
| | PF | Declared Free Agency (F-C Nathan Knight declared free agency.) |
| | C | Declared Free Agency (C Luka Garza declared free agency.) |
| | SG | Declared Free Agency (G Austin Rivers declared free agency.) |
| | SF | Declared Free Agency (F Matt Ryan declared free agency.) |
| | SG | Declared Free Agency (G Nickeil Alexander-Walker declared free agency.) |
| | SG | Declared Free Agency (G Jaylen Nowell declared free agency.) |
| | PF | Waived (The Minnesota Timberwolves waived F Taurean Prince.) |
| | C | Reinstated from Suspension (C Rudy Gobert was reinstated from suspension.) |
| | C | Team Suspension (The Minnesota Timberwolves suspended C Rudy Gobert for one game.) |
| | C | Assigned to Minors (The Minnesota Timberwolves have sent C Luke Garza to the G-League.) |
| | SF | Assigned to Minors (The Minnesota Timberwolves have sent F Matt Ryan to the G-League.) |