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Tracking Timberwolves news and rumors on Day 2 of NBA free agency

It's the second day of NBA free agency and the rumors are swirling.
Will Ragatz|
May 26, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves guard Nickeil Alexander-Walker (9) reacts against the Oklahoma City Thunder in the first half during game four of the western conference finals for the 2025 NBA Playoffs at Target Center.
May 26, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves guard Nickeil Alexander-Walker (9) reacts against the Oklahoma City Thunder in the first half during game four of the western conference finals for the 2025 NBA Playoffs at Target Center. | Jesse Johnson-Imagn Images

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Minnesota Timberwolves

NBA free agency officially opened at 5 p.m. Monday and Day 2 on Tuesday promises to be just as wild as the first seven hours were Monday night.

Below, we'll be tracking the latest Minnesota Timberwolves news, updates, and rumors. But first, here's a recap of what's happened so far.

Completed Wolves moves

Live updates

2:36 p.m. — Josh Minott signs with the Celtics

According to Shams Charania, Minott has agreed to a two-year, $5 million deal with the Boston Celtics. It's almost identical to the two-year, $5.5 million deal Luka Garza signed with Boston.

Monday updates...

11:10 p.m. — Wolves likely to rely on internal improvement in 2025-26

According to Jon Krawczynski of The Athletic, the Wolves could use their $5.7 million taxpayer midlevel exception, but "they will only use it if they think the player they get will make a significant impact on next season."

"Barring an unexpected move to bring in a more significant new face, the Wolves will be relying heavily on internal improvement for next season," Krawczynski reported.

7:42 p.m. — Garza to the Celtics

Luka Garza needed only 24 hours to go from having the Timberwolves decline his 2025-26 option to getting a two-year, guaranteed contract with the Boston Celtics. Read more here.

7:20 p.m. — Tyus Jones signs one-year deal with Orlando Magic

One of Minnesota's potential veteran point guard options is heading elsewhere.

7:08 p.m. — Hawks acquire NAW in sign-and-trade with Wolves

Alexander-Walker is receiving a four-year, $62 million contract to play for the Atlanta Hawks. In the reported sign-and-trade, the Wolves will receive a 2027 second-round pick that originally belonged to the Cleveland Cavaliers. Read more here.

5:50 p.m. — Rockets out on NAW

According to Brett Siegel, the Alexander-Walker sweepstakes is down to the Pistons and Hawks.

12:50 p.m. — Jesse Edwards returns on two-way deal

Edwards has signed his two-way qualifying offer to stick around in Minnesota, per Michael Scotto. The 25-year-old center from the Netherlands averaged 11.9 points, 7.6 rebounds, and 1.9 blocks in 34 games for the Iowa Wolves last season. He also played five minutes in two NBA games.

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Will Ragatz
WILL RAGATZ

Will Ragatz is a senior writer for Vikings On SI, who also covers the Twins, Timberwolves, Gophers, and other Minnesota teams. He is a credentialed Minnesota Vikings beat reporter, covering the team extensively at practices, games and throughout the NFL draft and free agency period. Ragatz attended Northwestern University, where he studied at the prestigious Medill School of Journalism. During his time as a student, he covered Northwestern Wildcats football and basketball for SB Nation’s Inside NU, eventually serving as co-editor-in-chief in his junior year. In the fall of 2018, Will interned in Sports Illustrated’s newsroom in New York City, where he wrote articles on Major League Baseball, college football, and college basketball for SI.com.

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