Timberwolves’ options limited as NBA salary cap is set
The salary cap this season will be $140,588,000, slightly below the $141 million cap projection for the season. The luxury tax is set at $170,814,000 with the first apron set at $178,132,000 and the second apron at $188,931,000. The Timberwolves are currently well above the second apron.
As it stands after the NBA draft, the Timberwolves are already carrying over $190 million in player salaries, which would position them well above the second apron. And that’s before they’ll look to fill out the remainder of the roster with the free agency negotiation period beginning Sunday. A hefty luxury tax bill is coming amid an uncertain ownership situation for the Wolves.