Timberwolves hire Nuggets exec Tim Connelly

Shams Charania: Minnesota has an agreement with Denver Nuggets President Tim Connelly to become the Timberwolves’ new President of Basketball Operations on a five-year, $40 million deal with a kicker for ownership equity, sources tell me and @ Jon Krawczynski.
Source: Twitter @ShamsCharania

What’s the buzz on Twitter?

Dan Favale @danfavale
josh kroenke finding out what the timberwolves offered tim connelly pic.twitter.com/QuslPWerxq – 4:03 PM

Bobby Marks @BobbyMarks42
Draft record of Tim Connelly in Denver:
Jokic (41)
Hyland (26)
Porter Jr. (14)
Murray (7)
Morris (51)
Also drafted Jusuf Nurkic, Gary Harris and Malik Beasley outside of the lottery – 3:43 PM

Christopher Hine @ChristopherHine
Tim Connelly will be Timberwolves’ president of basketball operations. Initial story that will be updated: startribune.com/tim-connelly-t… – 3:42 PM

Adam Mares @Adam_Mares
We are live to discuss the news that Tim Connelly has accepted an offer to join the Timberwolves.
Come join.
youtube.com/watch?v=881aXI… – 3:36 PM

Alex Kennedy @AlexKennedyNBA
Wow. What an incredible hire for the Timberwolves and what a devastating loss for the Nuggets. Minnesota is going to love Tim Connelly very soon. – 3:35 PM

Michael Singer @msinger
#Nuggets president Tim Connelly leaving Denver to take Minnesota’s top job, source says.
denverpost.com/2022/05/23/tim… – 3:31 PM

Jon Krawczynski @JonKrawczynski
Tim Connelly is heading to the Wolves. Behind the scenes of mega deal and negotiations
Full reporting with ⁦@Shams Charania⁩ theathletic.com/3326241/2022/0… – 3:29 PM

Dane Moore @DaneMooreNBA
It’s official: The Tim Connelly era in Minnesota starts today.
I recorded a “who is Tim Connelly?” episode with @Adam Mares over the weekend, where we discuss the deal as if it’s done.
Lotta good background from Adam, who has covered Connelly for 8 years
podcasts.apple.com/us/podcast/who… – 3:29 PM

Shams Charania @ShamsCharania
Full story on the landmark hiring of Tim Connelly by the Timberwolves and their ownership group that includes Glen Taylor, Marc Lore and Alex Rodriguez — with @ Jon Krawczynski at @TheAthletic: theathletic.com/3326241/2022/0… – 3:29 PM

Vinny Benedetto @VBenedetto
ESPN’s Adrian Wojnarowski and The Athletic’s Shams Charania are reporting Tim Connelly has agreed to become Minnesota’s president of basketball operations. Charania adds there’s potential for ownership equity with the Timberwolves. – 3:26 PM

Michael Singer @msinger
#Nuggets president Tim Connelly is headed to Minnesota, league source confirms to @denverpost. – 3:25 PM

Jon Krawczynski @JonKrawczynski
Minnesota has an agreement with Denver Nuggets President Tim Connelly to become the Timberwolves’ new President of Basketball Operations, a 5-year deal in the $40-plus million deal that includes a kicker for equity, sources tell @Shams Charania and me. – 3:24 PM

Shams Charania @ShamsCharania
Minnesota has an agreement with Denver Nuggets President Tim Connelly to become the Timberwolves’ new President of Basketball Operations on a five-year, $40 million deal with a kicker for ownership equity, sources tell me and @ Jon Krawczynski. – 3:24 PM

Adrian Wojnarowski @wojespn
ESPN Sources: Denver Nuggets President Tim Connelly has agreed to a deal with the Minnesota Timberwolves that’ll make him one of the NBA’s highest compensated executives. Significant coup for Minnesota franchise. – 3:23 PM

Ryan Blackburn @NBABlackburn
NEW episode of Pickaxe and Roll:
Shared some updated thoughts on Tim Connelly and the Nuggets/T’Wolves decision he’s making.
Then, who NUGGETS fans want the Nuggets to select in the NBA Draft. Spoiler, the name sounds like an MVP’s name. denverstiffs.com/2022/5/23/2313… – 1:31 PM

Ryan Blackburn @NBABlackburn
About to upload a Nuggets podcast with the complete understanding that a Tim Connelly update will drop five minutes after I post. – 1:11 PM

Michael Singer @msinger
There’s a couple schools of thought right now regarding Tim Connelly. On one hand, w/ what’s believed to be a strong offer from Minn., he can go back to the Kroenkes & see if they’ll budge. On the other, the longer he waits, I think there’s a question how patient Wolves will be. – 5:32 PM

More on this storyline

Within 12 hours of their initial meeting with Connelly, they presented him with an offer to let him know they were serious about moving forward. The next step was getting final approval from Taylor. -via The Athletic / May 23, 2022

Gupta was in the running for the top job and sources say he remains a part of their long-term vision for the franchise. -via The Athletic / May 23, 2022

Finch publicly stumped for Gupta at the end of the season, but Finch has a good relationship with Connelly and has spoken with him and ownership during the process. -via The Athletic / May 23, 2022